Print Published 30th Aug 2018, 20:37

Disposals and fraud avoidance blamed for Matomy’s £14.3m loss

Attempts to eliminate fraudulent revenue streams and the disposal of the under-performing media buying platform myDSP were major contributors to the latest loss of $19 million (£14.3 million) reported by the AIM listed Israeli digital advertising sales business Matomy Media Group for the half year to 30 June 2018, bringing its cumulative losses to $26.2 million (£19.7 million).