UK media tech platform SEEEN posts first-ever profit in H1, helped by acquisition

Overview

• UK media technology platform's 1H26 revenue grew 45% yr/yr, driven by organic growth and acquisition

• Company reported maiden positive EPS, reflecting compounded growth and improved profitability

• SEEEN completed MEDIAL acquisition, adding 60+ clients and increasing annual recurring technology revenues

Outlook

• Company expects continued organic growth and fuller contribution from MEDIAL in 2H26

• SEEEN prioritizes developing combined MEDIAL and SEEEN offering and deepening customer relationships

• Company aims to convert sales pipeline and drive further growth in core sectors

Result Drivers

• ORGANIC GROWTH - SEEEN said 1H26 revenue grew 40% organically, driven by expanding technology and content services

• ACQUISITION IMPACT - MEDIAL acquisition added more than 60 clients and increased recurring technology revenues, per CEO Adrian Hargrave

• UPSELLING AND CONTRACTS - SEEEN said integrating its technology with MEDIAL led to upselling and new multi-year deals with key customers

Company press release:

Key Details

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)