7digital saw a gross profit of £3.3 million in the first half of 2015, up 34% year-on-year.
Licensing revenue, which forms the core of the business, rose by 26%. Monthly recurring revenues (MRR) was up by 2%; according to the financial results, the low increase was due to the loss of customers providing download services, which have been replaced by customers wanting new streaming services.
Operating loss stood at £1.84m, down from £2.73m in the same period last year (while ...
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