Stock data
| Market cap. | £3.1m |
| Last close | 0.10p |
| High / Low (52 weeks) | 0.6p / 0.1p |
| Stock market listing | AIM |
| Forecast net debt (£m) | 0.4 |
| Forecast gearing ratio (%) | 13 |
| Team | Consumer |
| Sector | Media & Entertainment |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (9.09) | (54.54) | (83.05) |
| Relative * | (4.63) | (50.81) | (81.37) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (£m) | EBITDA (£m) | PBT (£m) | EPS (fd) (p) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 1.3 | (1.0) | (1.2) | (0.08) | N/A | N/A |
| 2011A | 2.0 | (2.4) | (3.2) | (0.14) | N/A | N/A |
| 2012E | 4.6 | (0.9) | (1.4) | (0.04) | N/A | N/A |
| 2013E | 6.5 | 0.1 | (0.5) | (0.01) | N/A | 47.4 |
Last updated on 26/04/2012
Latest research
Contracts, please
Update | Media & Entertainment | 25/04/2012
Funding the future
Update | Media & Entertainment | 26/10/2011
CME’s letter of intent
Flash note | Media & Entertainment | 12/10/2011
Business building
Update | Media & Entertainment | 10/08/2011
Much interest, but delays
Update | Media & Entertainment | 06/07/2011
Broadcasters go digital
Outlook | Media & Entertainment | 09/05/2011
Investment summary
Last year saw good operational progress, but also delays in progressing contracts and in payments. No new contracts were signed. Motive is confident about 2012, expecting delayed and new contracts to come through. It sees growing interest in its products in many markets. Growth continues to require cash resources, but once contracts are signed this pressure should ease and investor confidence will grow.
Last updated on 25/04/2012
Industry outlook
Motive's customer base for its Television Anytime Anywhere technology is the global TV industry, including broadcasters and pay TV operators. According to Zenith Optimedia (March 2012) TV will continue to hold its share of global advertising spend through to 2014 at 40%, though with stronger growth in the USA and in developing countries than in Europe. Time spent watching TV continues to rise in developed markets, while in emerging markets TV advertising is growing strongly.
Last updated on 23/04/2012
Key management
| Michael Pilsworth, Chairman |
| Leonard Fertig, CEO |
| Caroline Evans, FD |
Company address
| 18 Soho Square London W1D 3QL United Kingdom View website |
