One Media iP (AIM: OMIP) - final results impress from this fascinating little business
The AIM quoted digital media content minnow which exploits intellectual digital property rights around music, video and spoken word, announced impressive results for the year ending 31 October 2014 in what was an eventful year. Revenue was up 9.5% to £2,900,090, EBITDA increased by 23.6% to £827,794 and profit before tax was up 94.7% to £642,273 (2013: £329,889). Diluted adjusted earnings per share came in at 0.83p compared with 0.35p for the prior period. Cash from operating activities was £1.1m with £1.57m used in acquiring further intellectual property rights. The closing cash balance at 31st October was £1.219m. During the…