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

By Reuters News


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

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

$3 mln


Reuters Recommended Reads

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  • Sept 29 - UK's Ebiquity H1 revenue falls on legacy client losses


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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.)

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