RhythmOne reported H1 the unaudited half year revenue of $ 175,475 , an increase of 38.1% YoY. Revenue was boosted by completion of the acquisition of YuMe , which added to 175,475 revenues. A change of product mix to higher value inventory enabled the company to increase gross margins increased to 45.2% from 38.1% . The company also announced a share buyback programme of $58.2m m alongside the unaudited half year accounts.
RhythmOne reported H1 2019 revenue of $175,475, an increase of 53% YoY. Revenue was boosted by completion of the acquisition of YuMe, which added to $58.2m revenues. A change of product mix to higher value inventory enabled the company to increase gross margins increased to 45.2% from 38.1%. The company also announced a share buyback programme of up to $10m alongside the unaudited half year accounts.