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Mobile Streams PLC shares dropped 20% after reporting a £2.33M pre-tax loss despite rising revenue.
Shares in Mobile Streams PLC fell 20% to 0.5p after the company reported a sharp rise in pre-tax losses to £2.33 million, driven by higher costs from its pivot to online betting and media in Mexico, despite revenue increasing to £1.41 million.
The company raised £3.9 million through warrant exercises and plans a reverse takeover of its Mexican operations in early 2026.
Meanwhile, GSK finalized a U.S. drug pricing agreement, agreeing to discounts of up to 66% on respiratory drugs and gaining a tariff exemption.
In Australia, Nick Scali’s shares rose 8% on upgraded profit forecasts, while DroneShield introduced mandatory shareholdings for executives after a major insider sell-off.
The ASX showed signs of a potential "Santa rally" ahead of year-end.
Las acciones de Mobile Streams PLC cayeron un 20% después de reportar una pérdida antes de impuestos de £2.33M a pesar del aumento de los ingresos.