Engage:BDR Reports Encouraging May 2020 Mid-Month Revenue, Stock Up

  • May 18, 2020 12:48 PM AEST
  • Team Kalkine

Premium mobile advertising marketplace, Engage:BDR Limited (ASX:EN1) announced that the Company’s daily revenue until 16 May 2020 is $630k, demonstrating a 20% improvement over the same period from April 2020.

Gold MTF non-AMP

The improvement was catalysed by advertiser demand and revenue is likely to keep improving through the remainder of the month and end of the second quarter.

Despite the COVID 19 volatility, EN1 has had its strongest H1 since listing and is witnessing daily improvement across key metrics, indicating that the worse of this global crisis is possibly over.

EN1 quoted $0.011 a share on the ASX at 11:34 AM AEST and the stock was up by 10% relative to its last close.

 


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