Michael Infante, chairman and chief executive of the music streaming specialist One Media IP Group Plc (LON:OMIP), tells Proactive's Andrew Scott they more than doubled underlying profits in the latest full year as the trend for downstream music gathered pace.
Revenues rose by 14% to ?2.33mln, while underlying profit [EBITDA] jumped 121% to ?536,000.
The group's copyright and content search tool TCAT, also signed its first client during the period and after the year-end won a contract with an international record label.
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