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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Entertainment Ai Plc | EAI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 27.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 27.00 |
| Top Posts |
|---|
Posted at 05/5/2020 08:45 by tole Entertainment AI plc (EAI: AIM), a leading technology and media platform company focused on transforming video content and e-commerce through micro-moments, announces its trading update for year-to-date through the end of the first quarter.The Company is pleased to report that adjusted profits before tax were in line with expectations. Whilst the Group's Multi-Channel Network showed strong growth in audience views and watch minutes, because of the impact of Covid-19 and the market-wide reduction in digital video advertising spend, the Company does not expect this growth to translate into a similar increase in revenue. However, the Company has maintained a strong balance sheet with cash of $7.9m as at 30th April and remains on track to launch its new AI-driven products on schedule in May and June.Highlights? GTChannel views up 35% at 4.4 billion (Q1 2019: 3.3 billion)? Revenue per view down 33% at $1.57 CPM (2019 CPM: $2.33), reflecting wider market conditions? Revenue down 8% at $2.1 million (Q1 2019: $2.3 million)? Adjusted loss before tax of $630,000 in line with expectations? Strong balance sheet with $7.9 million of net cash as at 30 April 2020, which enables the Company to meet all its growth objectives as outlined at IPO in September 2019? Q2 proprietary technology product launches geared to address market-wide decline in digital ad revenue; products not only address digital ad revenue yield from the Group's MCN but also open multiple revenue channels including licensing to other brands and MCNs affected by the same market downturn in YouTube digital ad spendo Mid-May launch of the Group's first product offering, CreatorSuiteTM, to assist video creators to gain higher yield from their content, studio and marketing activities and videoso Mid-June launch of BrandSuiteTM to drive B-to-B licensing opportunities emerging beyond application to the Group's own MCN |
Posted at 24/3/2020 16:34 by redleader1592 Did you invest when it was Blockchain before merging into EAI? |
Posted at 10/11/2019 19:13 by metis20 CC - WATR are using EAI to sell WATR products..."Investment in Entertainment AI and acquisition of e-commerce and video search technology to enable Water Intelligence to sell consumer water-related products; Company working with insurance companies to market/resell water monitoring products and provide leak detection services" Above from WATR Q3 trading update. |
Posted at 08/11/2019 19:01 by portfoliojoe CryptoYou make no sense rambling on missing the basics. EG 5/6 weeks ago The Company's 30 September launch on AIM was well-capitalised with GBP9.4 million (gross prior to transactions costs) to accelerate business growth with an experienced board and management. Then the update showing EAI revenues already double of last year. |
Posted at 16/10/2019 08:09 by still waiting Bids and iqai have no underlying revenue, eai does as it rolls out it's a.i |
Posted at 02/10/2019 08:38 by chrisfillyourboots A poor start to life as EAI - where's the Dowgate Broker support especially with a Target Price of 82p or 2x current price ? |
Posted at 30/9/2019 10:12 by metis20 Currently not possible to buy online with Interactive Investor. The II system does not yet recognise the EAI ticker on its trading page.Minimal trading volume so far today suggests that others have a similar problem? |
Posted at 30/9/2019 09:07 by juju44 What was the consolidation? How many bloc in one EAI ? |
Posted at 30/9/2019 07:06 by still waiting 30 September 2019Entertainment AI plc ("EAI", "Group" or the "Company") Admission to Trading on AIM Strong Launch Entertainment AI plc (EAI: AIM), a leading technology and media platform company focused on providing its global automotive and lifestyle audiences and its strategic partner audiences with real-time access, in a frictionless way, to "in the moment" opportunities from more relevant short form video content to "one-click" e-commerce, is pleased to announce its admission to AIM and initiation of trading as at 8am today. As set forth in the highlights, EAI is well-positioned along all business dimensions to occupy a leadership position in the coming "Third Wave of TV" as telecoms, content and technology sectors combine to capture a share of changing global market. The Group's subsidiaries - GTChannel, Inc (audience and content base), Tagasauris, Inc (AI and machine learning technologies) and Entertainment AI, Inc (strategic relationships and data analytic technology) - have begun to execute the EAI business plan ahead of closing and AIM launch in order to gain a fast start on AIM. A more detailed background to the Company and its capital formation is set forth in the admission document which can be found on the Company's website, www.entertainmentai. Highlights at Launch -- EAI installed audience base of automobile and associated lifestyle enthusiasts growing rapidly o 1H 2019 actuals - GTChannel subsidiary's MCN YouTube audience at 6.5 billion video views, up 88% (1H 2018: 3.4 billion) o 1H 2019 actuals - GTChannel subsidiary's MCN gross advertising revenue at $8.7 million, up 107% (1H 2018: $4.2 million) o Q3 audience and gross revenue continuing to grow strongly -- EAI's AI and machine learning technology being integrated with GTChannel content and audience base and being tested with strategic partners o Tagasauris working with GTChannel affiliated content creators and partners to test new "micro-moment" offerings for core growth plan -- 70 million unpaid subscriber base available to monetize with premium offerings o Complementary sales pipeline for software as service licensing initiated -- Working with strategic partner Sumitomo to deliver a pilot for Rugby World Cup in Tokyo -- Working with strategic partner Water Intelligence plc on pilot for Insuretech / home services market -- Accomplished board, management team and board of advisors assembled to assist with corporate development (bios in Admissions Document and web site) o Significant experience on AIM o Significant public company leadership experience at Fortune 500 companies in media and technology o Significant experience with global mergers and acquisitions and strategic licensing -- Well capitalized at launch o GBP8.6 million raised from strategic partners and UK first-tier institutions o Oversubscribed offering o Complete allocation of EIS/VCT offering along with non-EIS/VCT investment Dr. Patrick DeSouza, Chairman of Entertainment AI stated, "We believe strongly that Entertainment AI can bring significant shareholder value and provide leadership in a new video-first world, where global consumers demand frictionless access to content and e-commerce opportunities. On behalf of the management team, we appreciate the leadership of Rodger Sargent and Jon Hale in creating this opportunity along with the Blockchain Worldwide shareholders. Moreover, we are both excited and gratified for the opportunity to work with a high calibre board and top small cap funds that one typically doesn't see come together at this stage of a company's journey. We aim high and to deliver." |
Posted at 29/9/2019 11:19 by metis20 Hint of growth trajectory Admission Doc. p16"Based on 1H 2019 actuals, GTChannel, through its MCN, catered to a global audience of automotive and lifestyle enthusiasts representing over 6.3 billion video views (12.6 billion on a projected annualised basis) and a network of approximately 10,000 short-form video content creators. There are approximately 70 million non-paying YouTube subscribers across GTChannel’s MCN creator partner channels. GTChannel currently manages approximately 370,000 videos and provides for 54 billion watch minutes on a projected annualised basis (having generated 27 billion minutes of watch time in the first six months of 2019). As discussed below, GTChannel’s principal revenue driver today is (Google-owned) YouTube ad revenue. In 2018, the GTChannel MCN generated US$11.4 million of gross ad revenue, (before deduction of YouTube and content creator commissions) an increase of more than 200 per cent. from 2017 matching the growth trajectory of the MCN’s video views. Moreover, GTChannel has an Owned and Operated Site (“O&O&rdqu See above link pp15-24 for - 3. INFORMATION ON THE EAI GROUP, ITS MARKET AND GROWTH STRATEGY |
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