Core Viewpoint - MiMedia Holdings Inc. is experiencing a significant milestone as all partners are simultaneously shipping devices, which is expected to enhance the company's revenue streams heading into 2026 [2][5]. Group 1: Business Update - For the first time, all MiMedia partners are shipping devices or preparing for shipments at year-end, contributing to the revenue funnel [2]. - The company's dashboard is equipped to handle the influx of revenue-generating devices, with systems supporting mobile advertising and storage subscriptions already operational [3]. Group 2: Revenue Metrics - CPM mobile advertising rates in the US have exceeded USD $20, marking the highest levels recorded by the company and more than double management's projections, indicating a strong mobile advertising market [4]. - The company anticipates benefiting from higher CPM rates in the US compared to other regions like LATAM as partners ship devices into the US [4]. Group 3: Future Expectations - The CEO noted that 2025 has been a remarkable year for partners, with a shift in device production from affected countries like China to less impacted regions such as Vietnam and the Philippines, enhancing scalability and insulating production from tariff disruptions [5]. - The company expects a solid rebound in 2026, driven by increased demand and the addition of more partners to the device funnel [5]. - Specific partner device announcements are anticipated in the coming weeks, which are expected to convert into engaged users and propel the company towards key revenue and cash flow thresholds in 2026 [5].
MiMedia Provides Business Update Heading into Calendar Year-End
Newsfile·2025-12-02 13:15