Mobile Streams (MOS ) says monthly revenue has exceeded $80,000 across all channels and that LiveScores markets are performing ahead of internal targets for both users and revenue.
The mobile content and data intelligence company noted that the global number of Streams service users that can be monetised is now in excess of 70,000 users across all channels.
Meanwhile, the Company told investors this morning that Streams Data has signed the UK’s main advertising body The Incorporated Society of British Advertisers (ISBA) as a client.
The Company said it is “actively” looking at further launches to enter new markets.
Nigel Burton, Non-Executive Director of Mobile Streams said: “We are delighted to report our progress and date across the business. We’ve come a long way and have made significant progress since the start of the current financial year. All our recently launched territories are performing well, and we look forward to growing the business even further into 2022.”
Last month, the Group’s LiveScore Argentina service generated over $14,000 in revenue in October alone, significantly more than the group was expecting for its first month of service.
The service, which has been live in Argentina since the start of October and marketed under ‘NacionPelota’, forms part of the group’s efforts to advance its revenue generation strategy.
Over $14,000 in revenue was generated from around 6,000 downloads in October alone, with the higher than expected revenue arising from greater take up than anticipated in the market.
At the time, it said that current downloads for the LiveScores Argentina service stand at around 10,000 and are “continuing to grow at a much faster rate than initially anticipated.”
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In October, Mobile Streams confirmed to investors that it would launch its LiveScores service into the Brazilian market in early November 2021 in partnership with Quanta Media Group.
The Company said income is anticipated to be generated through affiliate revenue share with Quanta, a process which will occur when a lead generated from the Group’s LiveScores service is sold to another organisation who will then market the service or product to the lead.
As with the Company’s recent successful launches in the Mexican and Argentinian markets, the LiveScores service will utilise Quanta content as well as the Streams delivery platform.
Mobile Streams said this next territory launch represented another step in the Company’s development, and that it was currently in advanced discussions regarding further launches.
Last month, Mobile Streams said its LiveScores service in Mexico had again exceeded its internal target with September’s subscriber numbers coming in 251% above its initial target.
The Company reported at the start of September that LiveScores had exceeded its August subscriber target by 250% with over 3,500 subscribers having signed up during the month.
The mobile content and data intelligence company launched its LiveScores football 365 service in Mexico at the start of August in partnership with Quanta Media Group (“QMG”).
Based on the number of subscribers in August, the Company has estimated that this service in Mexico alone should generate at least $1.5 million over 3 years in additional revenue.
Following on from its Mexican and Argentinian launches the Company said it is in ‘advanced discussions’ regarding launching this service in additional markets over the coming months
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