One Media News
One Media iP Group: A profitable digital music rights company
7th December 2020
AIM-listed One Media is a digital music rights acquirer, publisher and distributor. The Group specialises in purchasing and monetising intellectual property rights with proven, repeat income streams. One Media adds value to its content by maximising its availability in over 600 digital stores globally, including Apple Music, YouTube, Amazon and Spotify.
The Group is profitable, with EPS up by 51% per year, over the last three years. In a recent update, the Group announced its trading for the financial year to 31s October in line with market expectations. Revenues for the year are expected to be £4m and EBITDA of £1.4m, an increase of 14% and 30% respectively on the prior year. At 31st October, One Media had cash in the bank of £6.7m.
In the interview below, CEO Michael Infante provides an overview of the business and its strategy going forward.