Mirada on the up as it sells off car park payment business

0 mins. to read
Mirada on the up as it sells off car park payment business
Master Investor Magazine

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

The price of shares in AIM-listed digital TV software specialist Mirada (LON:MIRA) has climbed by 14.79% to 0.95p (as of 12:50 BST) after the company disposed of a non-core business arm. The disposal of Mirada Connect, which processed payments for UK car park operators, to PayByPhone UK will proceed for an agreed cash consideration of £2.1 million.

Mirada Connect generated revenues of £633,000 in the last financial year and was valued at £566,000 at the end of March this year.

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.

Book your FREE tickets today using code: MIBLOG

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *


Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.