Print Published 29th Mar 2018, 20:33

Matomy Media loses £25.6m after hefty impairment charges and put option revaluation

Matomy Media Group, the AIM listed Israeli digital advertising sales business, lost £25.6 million in 2017 after making an impairment provision of £13.7 million against the book value of its intangible assets and incurring a £13.3 million charge arising on the upward revaluation of its put option obligations relating to its profitable Team Internet subsidiary.