Mirriad Advertising #MIRI – Preliminary Results for the year ended 31 December 2019 May 12, 2020 – Posted in: Mirriad (MIRI)

Mirriad Advertising plc, the computer vision and AI platform company, announces its unaudited results for the year ended 31 December 2019.   Financial overview ·    2019 revenue of £1,140k (2018 £416k) ·    Operating loss reduced 16% to £12.2m (2018: £14.4m) ·    Net assets £19.2m (2018: £15.6m) ·    Cash and cash equivalents at 31 December 2019 were £19.1m   Operational highlights ·    New strategy announced March 2019 ·    New commercial team in the US and new…

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Mirriad #MIRI sees returning Chinese consumer confidence May 7, 2020 – Posted in: Mirriad (MIRI)

Mirriad Advertising plc, the computer vision and AI platform company, is seeing encouraging signs from its operations in China. April has been one of the firm’s busiest since its Chinese operations began and the uptick in activity in the country is due to improving confidence amongst consumers, brands and advertisers as they begin to catch up on months of stalled activity. Mirriad’s exclusive partnership with Tencent, one of the largest online video platforms in China…

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