Cellcast to dispose of operating business, become cash shell
20th Aug 2019 14:29
(Sharecast News) - Cellcast has entered into a conditional share sale agreement for the disposal of its wholly-owned operating subsidiary Cellcast UK to Com & Tel Media, it announced on Tuesday, for a total cash consideration of £0.38m, plus the contingent right to certain additional consideration.
Read moreCellcast cuts losses and reviews options amid falling revenue
14th May 2019 12:54
(Sharecast News) - Cellcast's shares jumped on Tuesday as the company cut its annual loss on the back of lower costs, though the group is reviewing its prospects as operating revenues dipped and the interactive broadcast business declined.
Read moreCellcast crashes as Brexit uncertainty plays havoc with entertainment industry
27th Nov 2018 16:33
(Sharecast News) - Cellcast's shares crashed on Tuesday after the company reported a material decline in revenues, together with a corresponding drop in EBITDA performance and associated profitability.
Read moreCellcast posts drop in revenue as it warns over future profitability
28th Sep 2015 13:03
(ShareCast News) - Cellcast posted a drop in revenues for the six months to 30 June, as it warned over future profitability. The participation TV broadcaster and producer saw a drop in interactive broadcast revenues to £5.6m, down from £6.3m in the first half of 2014. However the AIM-listed company
Read moreCellcast denies Google talks rumours
17th Aug 2015 09:39
(ShareCast News) - Cellcast has denied speculation that Google is in talks with the company to use its internet telephony technology after shares in the broadcasting company rose sharply. "The board confirms there is no truth in the article and knows of no reason for the price rise," the broadcas
Read moreCellcast looks to cut costs after losses widen
27th Sep 2013 13:56
Cellcast said it had taken further cost-cutting measures after it sank deeper into losses at the half year mark. The AIM-listed interactive television specialist said revenues dropped to £8.3m in the six months to the end of June from £9.8m as demand for its products and services continued to wane.
Read moreLondon close: Footsie falls as Greece and US fuel sell-off
2nd Jun 2011 16:55
Despite trading sideways for most of the day after a relatively sharp fall early on, the Footsie took another dive in late afternoon to finish over 1.3% lower. The mood was uneasy on Thursday as a result of sovereign debt fears in Europe and worrying news from the US, amid a host of underwhelming re
Read moreCellcast still in the red
2nd Jun 2011 15:05
Cellcast, which describes itself as a "provider of participatory television programming and interactive telephony technology for the fast growing cross-platform digital entertainment sector" said revenues rose to £19.2m from £16.8m the previous year. Losses before tax narrowed to £310,000 from £1.88
Read moreCellcast losses widen as it increases distribution
27th Sep 2010 08:24
Broadcaster and production company Cellcast said losses for the half year widened as it invested in additional distribution. Loss before tax widened to £433,516 for the six months ended 30 June 2010 from £383,125 the year before. Revenue for the period increased to £9.1m from £8.6m before. Comme
Read moreSmall cap round-up: Caretech, Cohort, Eckoh...
9th Dec 2009 15:06
Specialised care home operator Caretech's revenue grew by 23% to £83.4m (2008: £67.7m) while profit before tax rose by 45% to £15.3m (2008: £10.5m). The dividend for the year rises by 25% to 4.7p. "The pressures on public spending are well documented and will inevitably result in local authorities
Read moreSmall caps round-up: Carpathian, Clarity Commerce, Coal of Africa...
28th Sep 2009 09:58
Eastern Europe focused retail property investor Carpathian saw profits slide in the six months to 30 June as rental income slumped. The firm, which invests in shopping centres, supermarkets and warehouses in Croatia, the Czech Republic, Hungary, Poland, Romania, Lithuania and Latvia, posted adjuste
Read moreSmall caps round-up: Cellcast, Haike, Real Good Food ...
9th Jun 2009 08:35
Cellcast, a provider of technology that allows TV images to be viewed on mobile phones, moved into profit in 2008 after cutting costs and lifting revenues. The firm posted a pre-tax profit of £180,000 for the year, compared to a £2.15m loss the previous year. Revenue climbed to £16m from £12m. The
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