2023 | 2022 | ||
Restated | |||
£m | £m | ||
Revenue | 5 | ||
Direct costs | ( | ( | |
Net revenue | |||
Personnel costs | 6 | ( | ( |
Other operating expenses | 6 | ( | ( |
Acquisition, restructuring and other one-off expenses | 6 | ( | ( |
Depreciation, amortisation and impairment | 6 | ( | ( |
Share of profit of joint venture | 14 | ||
Total operating expenses | ( | ( | |
Operating profit/(loss) | ( | ||
Adjusted operating profit | |||
Adjusting items | ( | ( | |
Operating profit/(loss) | ( | ||
Finance income | 7 | ||
Finance costs | 7 | ( | ( |
Net finance costs | ( | ( | |
Gain on the net monetary position | |||
Loss before income tax | ( | ( | |
Income tax credit/(expense) | 8 | ( | |
Loss for the year | ( | ( | |
Attributable to owners of the Company | ( | ( | |
Attributable to non-controlling interests | |||
( | ( | ||
Loss per share attributable to the ordinary equity holders of the Company | |||
Basic loss per share (pence) | 9 | ( | ( |
Diluted loss per share (pence) | 9 | ( | ( |
2023 | 2022 | |
Restated | ||
£m | £m | |
Loss for the year | ( | ( |
Other comprehensive (expense)/income | ||
Items that may be reclassified to profit or loss | ||
Foreign operations – foreign currency translation differences | ( | |
Other comprehensive (expense)/income | ( | |
Total comprehensive expense for the year | ( | ( |
Attributable to owners of the Company | ( | ( |
Attributable to non-controlling interests | ||
( | ( |
2023 | 2022 | ||
Restated | |||
Notes | £m | £m | |
Assets | |||
Goodwill | 10 | ||
Intangible assets | 11 | ||
Right-of-use assets | 12 | ||
Property, plant and equipment | 13 | ||
Interest in joint ventures | 14 | ||
Deferred tax assets | 15 | ||
Other receivables | 16 | ||
Non-current assets | |||
Trade and other receivables | 16 | ||
Current tax assets | |||
Cash and cash equivalents | 17 | ||
Current assets | |||
Total assets | |||
Liabilities | |||
Deferred tax liabilities | 15 | ( | ( |
Loans and borrowings | 19 | ( | ( |
Lease liabilities | 12 | ( | ( |
Contingent consideration and holdbacks | 20 | ( | ( |
Provisions | ( | ( | |
Non-current liabilities | ( | ( | |
Trade and other payables | 18 | ( | ( |
Contingent consideration and holdbacks | 20 | ( | ( |
Loans and borrowings | 19 | ( | ( |
Lease liabilities | 12 | ( | ( |
Provisions | ( | ||
Current tax liabilities | ( | ( | |
Current liabilities | ( | ( | |
Total liabilities | ( | ( | |
Net assets | |||
Equity | |||
Share capital | |||
Share premium | |||
Other reserves | |||
Foreign exchange reserves | ( | ||
Retained earnings | |||
Attributable to owners of the Company | |||
Non-controlling interests | 21 | ||
Total equity |
Retained | ||||||||||
Foreign | earnings/ | Attributable | Non- | |||||||
Share | Share | Merger | Other | exchange | (accumulated | to owners of | controlling | Total | ||
capital | premium | reserves | reserves | reserves | losses) | the Company | interests | equity | ||
Equity | Notes | £m | £m | £m | £m | £m | £m | £m | £m | £m |
At 1 January 2022 | ( | ( | ||||||||
Amendment to IAS 12 | ||||||||||
restatement | ||||||||||
Hyperinflation restatement | ||||||||||
Adjusted opening balance | ( | ( | ||||||||
Comprehensive (loss)/income for the year | ||||||||||
Loss for the year | ( | ( | ( | |||||||
Other comprehensive income | ||||||||||
Total comprehensive income/(loss) | ||||||||||
for the year | ( | ( | ( | |||||||
Transactions with owners of the Company | ||||||||||
Realised merger reserve | 21 | ( | ( | |||||||
Business combinations | 21 | |||||||||
Share-based payments | 23 | |||||||||
At 31 December 2022 | ||||||||||
At 1 January 2023 | ||||||||||
Hyperinflation restatement | ||||||||||
Adjusted opening balance | ||||||||||
Comprehensive loss | ||||||||||
for the year | ||||||||||
Loss for the year | ( | ( | ( | |||||||
Other comprehensive | ||||||||||
expense | ( | ( | ( | |||||||
Total comprehensive loss for the year | ( | ( | ( | ( | ||||||
Transactions with owners of the Company | ||||||||||
Business combinations | 21 | ( | ||||||||
Share-based payments | 23 | |||||||||
At 31 December 2023 | ( |
2023 | 2022 | ||
Restated | |||
£m | £m | ||
Cash flows from operating activities | |||
Loss before income tax | ( | ( | |
Net finance costs | 7 | ||
Depreciation, amortisation and impairment | 6 | ||
Share-based payments | 23 | ||
Acquisition, restructuring and other one-off expenses | 6 | ||
Employment linked contingent consideration paid | 20 | ( | ( |
Restructuring and other one-off expenses paid | ( | ( | |
Share of profit in joint venture | 14 | ( | |
Gain on the net monetary position | ( | ( | |
Other non cash items | ( | ||
Decrease/(increase) in trade and other receivables | ( | ||
(Decrease)/increase in trade and other payables 1 | ( | ||
Cash flows from operations | |||
Income taxes paid | ( | ( | |
Net cash flows (used in)/from operating activities | ( | ||
Cash flows from investing activities | |||
Purchase of intangible assets | 11 | ( | ( |
Purchase of property, plant and equipment | 13 | ( | ( |
Acquisition of subsidiaries, net of cash acquired | ( | ( | |
Amounts (paid into)/withdrawn from security deposits | ( | ||
Cash flows used in investing activities | ( | ( | |
Cash flows from financing activities | |||
Proceeds from issuance of shares | |||
Principal element of lease payments | 12 | ( | ( |
Repayments of loans and borrowings | 19 | ( | ( |
Interest and facility fees paid | ( | ( | |
Cash flows used in financing activities | ( | ( | |
Net movement in cash and cash equivalents | ( | ( | |
Cash and cash equivalents beginning of the year | 17 | ||
Exchange (loss)/gain on cash and cash equivalents | ( | ||
Cash and cash equivalents at the end of the year | 17 |
31 December 2022 | ||||||
Business | Amendment | Deferred tax | ||||
As reported | combinations | to IAS 12 | offset | Reclassification | As restated | |
£m | £m | £m | £m | £m | £m | |
Goodwill | 720.4 | (1.6) | – | – | – | 718.8 |
Deferred tax assets | 16.8 | – | (1.7) | (9.7) | – | 5 .4 |
Total non-current assets | 1,280.0 | (1.6) | (1.7) | (9.7) | – | 1, 2 67.0 |
Trade and other receivables | 440.8 | 1.6 | – | – | – | 442.4 |
Total current assets | 664.4 | 1.6 | – | – | – | 666.0 |
Total assets | 1,944.4 | – | (1.7) | (9.7) | – | 1,933.0 |
Deferred tax liabilities | (66.0) | – | 2.2 | 9.7 | – | (54.1) |
Provisions | – | – | – | – | (5.7) | (5.7) |
Other payables | (5.7) | – | – | – | 5.7 | – |
Total non-current liabilities | (452.3) | – | 2.2 | 9.7 | – | (440.4) |
Total liabilities | (1,094.8) | – | 2.2 | 9.7 | – | (1,082.9) |
Net assets | 849.6 | – | 0.5 | – | – | 850.1 |
31 December 2022 | |||
As reported | Reclassification | As restated | |
£m | £m | £m | |
Cash flows from operating activities | |||
Restructuring and other one-off expenses paid | – | (4.9) | (4.9) |
Increase in trade and other payables | 44.4 | 4.9 | 49.3 |
Cash flows from operations | 97.3 | – | 97.3 |
Cash flows from financing activities | |||
Principal element of lease payments | 17.5 | (2.1 ) | 15.4 |
Interest and facility fees paid | 14.2 | 2.1 | 16.3 |
Cash flows used in financing activities | (43.0) | – | (43.0) |
As disclosed at 31 | At 31 December | ||
December 2022 | 2023 | ||
Provisional fair | Fair value | ||
value | adjustments | Fair value | |
£m | £m | £m | |
Net identifiable assets | 105.0 | – | 105.0 |
Goodwill | 38.0 | (1.5) | 36.5 |
Total | 143.0 | (1.5) | 141.5 |
Cash | 78.0 | – | 78.0 |
Deferred consideration | 55.0 | – | 55.0 |
Holdback obligations | 10.0 | – | 10.0 |
Adjustment to purchase consideration | – | (1.5) | (1.5) |
Total purchase consideration | 143.0 | (1.5) | 141.5 |
Data&Digital | Technology | |||
Content | Media | Services | Total | |
2023 | £m | £m | £m | £m |
Revenue | 664.1 | 210.4 | 137.0 | 1,011.5 |
Net revenue | 528.9 | 207. 3 | 137.0 | 873.2 |
Segment profit | 46.5 | 35.2 | 43.4 | 125.1 |
Overhead costs | (22 .1) | |||
Adjusted non-recurring and acquisition related expenses | (22.0) | |||
Depreciation, amortisation and impairment | (60.8) | |||
Net finance costs and gain on net monetary position | (34.1) | |||
Loss before income tax | (13.9) |
Data&Digital | Technology | |||
Content | Media | Services | Total | |
2022 | £m | £m | £m | £m |
Revenue | 755.4 | 220.5 | 93.6 | 1,069.5 |
Net revenue | 582.7 | 216.8 | 92.2 | 891.7 |
Segment profit | 74.1 | 39.9 | 36.1 | 150.1 |
Overhead costs | (25.9) | |||
Adjusted non-recurring and acquisition related expenses | (170.6) | |||
Depreciation, amortisation and impairment | (88.9) | |||
Net finance costs and gain on net monetary position | (24.4) | |||
Loss before income tax | (159.7) |
Europe, | ||||
Middle East | ||||
The Americas | & Africa | Asia Pacific | Total | |
2023 | £m | £m | £m | £m |
Revenue | 747.5 | 199.0 | 65.0 | 1,011.5 |
Net revenue | 68 8.1 | 133.1 | 52.0 | 873.2 |
Non-current assets | 741.5 | 370.7 | 42.3 | 1,154.5 |
Europe, | ||||
Middle East | ||||
The Americas | & Africa | Asia Pacific | Total | |
2022 | £m | £m | £m | £m |
Revenue | 786.5 | 203.0 | 80.0 | 1,069.5 |
Net revenue | 683.9 | 148.3 | 59.5 | 891.7 |
Non-current assets | 824.3 | 397.6 | 41.2 | 1,263.1 |
2023 | 2022 | |
Personnel expenses | £m | £m |
Wages and salaries | 528.9 | 544.3 |
Social security costs | 88.0 | 79.2 |
Other pension costs | 16.3 | 15.7 |
Share-based payments | 10.1 | 14.2 |
Other personnel costs | 27.5 | 28.7 |
Total | 670.8 | 682 .1 |
Monthly average number of employees by segment | 2023 | 2022 |
Content | 5,197 | 5,707 |
Data&Digital Media | 2,374 | 2,432 |
Technology Services | 772 | 597 |
Central | 31 | 36 |
Total | 8,374 | 8,772 |
Monthly average number of employees by geography | 2023 | 2022 |
The Americas | 5,641 | 5,85 9 |
Europe, Middle East and Africa | 1,862 | 1,966 |
Asia Pacific | 871 | 947 |
Total | 8,374 | 8,772 |
2023 | 2022 | |
Acquisition, restructuring and other one-off expenses | £m | £m |
Advisory, legal, due diligence and related costs | 2.3 | 7. 9 |
Restructuring costs | 18.2 | 4.9 |
Transformation costs | 2.9 | – |
Acquisition related bonuses | – | 0.4 |
Contingent consideration linked to employee service | 13.2 | 172.4 |
Contingent consideration fair value gain | (24.7) | ( 29.7) |
Total | 11.9 | 155.9 |
2023 | 2022 | |
Audit fees | £m | £m |
Fees payable to the company’s auditors and its associates for the audit of parent company | ||
and consolidated financial statements | 3.7 | 4.2 |
Fees payable to company auditors and its associates for other services: | ||
Audit of the financial statements of the company’s subsidiaries | 0.3 | – |
Total audit fees for the current year audit | 4.0 | 4.2 |
Fees payable to the company’s auditors and its associates for the audit of parent company | ||
and consolidated financial statements- prior year | – | 1.7 |
Total audit fees | 4.0 | 5.9 |
Fees payable to company auditors and its associates for audit-related assurance services | 0.4 | 0.3 |
Total | 4.4 | 6.2 |
2023 | 2022 | |
Finance income | £m | £m |
Interest income | 2.8 | 1.5 |
Total | 2.8 | 1.5 |
2023 | 2022 | |
Finance expenses | £m | £m |
Interest on bank loans and overdrafts | (23.3) | (14.3) |
Interest on lease liabilities | (2.3) | (2.1) |
Discounting of contingent consideration | – | (1.5) |
Foreign exchange differences | (8.0) | (3.5) |
Other finance costs | (4.6) | (5.8) |
Total | (38.2) | (27.2) |
2023 | 2022 | |
Restated | ||
£m | £m | |
Current tax for the year | (13.3) | (18.2) |
Adjustments for current tax of prior years | (1.3) | 0.2 |
Total current tax | (14.6) | (18.0) |
Movement in deferred tax liabilities | 6.6 | 8.0 |
Movement in deferred tax assets | 15.9 | 9.2 |
Income tax credit/(expense) in profit or loss | 7.9 | (0.8) |
2023 | 2022 | |
Restated | ||
£m | £m | |
Loss before income tax | (13.9) | (159.7) |
Tax credit at the UK rate of 23.5% (2022: 19.0%) | 3.3 | 30.3 |
Tax effect of amounts which are non-deductible | 6.6 | (29.3) |
Difference in overseas tax rates | (2.0) | (1.8) |
Income tax credit/(expense) in profit or loss | 7.9 | (0.8) |
2023 | 2022 | ||
Restated | |||
Loss attributable to shareowners of the Company (£m) | (6.0) | (160.5) | |
Weighted average number of Ordinary Shares | 639,218,703 | 590,6 | 67,949 |
Basic loss per share (pence) | (0.9) | (27.2) |
2023 | 2022 | ||
Restated | |||
Loss attributable to shareowners of the Company (£m) | (6.0) | (160.5) | |
Weighted average number of Ordinary Shares | 639,218,703 | 590,6 | 67,949 |
Diluted loss per share (pence) | (0.9) | (27.2) |
2023 | 2022 | ||
Adjusted profit attributable to shareowners of the Company (£m) | 36.5 | 67. 5 | |
Weighted average number of Ordinary Shares | 639,218,703 | 590,6 | 67,949 |
Adjusted basic earnings per share (pence) | 5.7 | 11.4 |
2023 | 2022 | |
Restated | ||
Net book value | £m | £m |
At 1 January | 718.8 | 625.0 |
Acquired through business combinations | 0.2 | 51.8 |
Impairments | – | (15.2) |
Foreign exchange differences | (27.7) | 57. 2 |
At 31 December | 691.3 | 718.8 |
2023 | 2022 | |
Restated | ||
£m | £m | |
Content | 413.6 | 393.3 |
Data&Digital Media | 197.6 | 241.0 |
Technology Services | 80.1 | 84.5 |
Total | 691.3 | 718.8 |
11. Intangible assets | |||||
Customer | Order | ||||
relationships | Brands | Backlog | Other | Total | |
£m | £m | £m | £m | £m | |
Cost | |||||
At 1 January 2022 | 389.0 | 20.9 | 15.0 | 15.2 | 440.1 |
Acquired through business combinations | 104.3 | 3.2 | 7.8 | 0.3 | 115.6 |
Additions | – | – | – | 1.5 | 1.5 |
Disposals | – | – | (22.9) | – | (22.9) |
Foreign exchange differences | 38.5 | 2.0 | 0.6 | 1.4 | 42.5 |
At 31 December 2022 | 531.8 | 26.1 | 0.5 | 18.4 | 576.8 |
Acquired through business combinations | 0.6 | – | – | – | 0.6 |
Additions | – | – | – | 2.1 | 2 .1 |
Disposals | – | – | – | – | – |
Foreign exchange differences | (21.8) | (1.0) | – | (0.8) | (23.6) |
At 31 December 2023 | 510.6 | 25.1 | 0.5 | 19.7 | 555.9 |
Customer | Order | ||||
relationships | Brands | Backlog | Other | Total | |
£m | £m | £m | £m | £m | |
Accumulated amortisation and impairment | |||||
At 1 January 2022 | (58.2) | (6.3) | (13.7) | (5.6) | (83.8) |
Charge for the year | (38.5) | (5.6) | (9.2) | (3.7) | (57.0) |
Impairment | (6.1) | (0 .3) | – | (0.3) | (6.7) |
Disposals | – | – | 22.9 | – | 22.9 |
Foreign exchange differences | (5.4) | (0.6) | (0.4) | (0.6) | ( 7.0 ) |
At 31 December 2022 | (108.2) | (12.8) | (0.4) | (10.2) | (131.6) |
Charge for the year | (41.1) | (4.0) | (0.2) | (3.3) | (48.6) |
Impairment | – | – | – | – | – |
Disposals | – | – | – | – | – |
Foreign exchange differences | 4.7 | 0.6 | 0.1 | 0.5 | 5.9 |
At 31 December 2023 | (144.6) | (16.2) | (0.5) | (13.0) | (174.3) |
Net book value | |||||
At 31 December 2022 | 423.6 | 13.3 | 0.1 | 8.2 | 445.2 |
At 31 December 2023 | 366.0 | 8.9 | – | 6.7 | 381.6 |
2023 | 2022 | |
Right-of-use assets | £m | £m |
Balance at 1 January | 55.7 | 36.6 |
Acquired through business combinations | 0.2 | 0.7 |
Additions | 15.1 | 29.9 |
Impairments | – | (0.4) |
Disposals and modifications | (6.2) | 0.7 |
Depreciation of right-of-use assets | (17.1) | (16.3) |
Hyperinflation | 2.9 | 2.5 |
Exchange rate differences | (4.8) | 2.0 |
Balance at 31 December | 45.8 | 55.7 |
2023 | 2022 | |
Lease liabilities | £m | £m |
Balance at 1 January | (58.4) | (42.0) |
Acquired through business combinations | (0.2) | (0 .7) |
Additions | (14.0) | (26.9) |
Disposals and modifications | 6.2 | (0.7) |
Payment of lease liabilities | 18.6 | 17.5 |
Interest on lease liabilities | (2.3) | (2.1) |
Exchange rate differences | 1.1 | (3.5) |
Balance at 31 December | (49.0) | (58.4) |
Non-current lease liabilities | (35.8) | (43.1) |
Current lease liabilities | (13.2) | (15.3) |
Balance at 31 December | (49.0) | (58.4) |
Leasehold | Furniture and | Office | |||
improvements | fixtures | equipment | Other assets | Total | |
£m | £m | £m | £m | £m | |
Cost | |||||
At 1 January 2022 | 11.6 | 3.5 | 22.0 | 1.3 | 38.4 |
Acquired through business combinations | 0.1 | 0.1 | 0.8 | – | 1.0 |
Additions | 5.9 | 1.1 | 8.7 | 0.7 | 16.4 |
Hyperinflation | 1.2 | 0.2 | 2.1 | 0.2 | 3.7 |
Disposals | (0.1) | (0.1) | (0.7) | (0.1) | (1.0) |
Foreign exchange differences | (0.5) | 0.2 | 0.3 | (0.3) | (0.3) |
At 31 December 2022 | 18.2 | 5.0 | 33.2 | 1.8 | 58.2 |
Acquired through business combinations | – | – | 0.2 | – | 0.2 |
Additions | 1.8 | 0.2 | 3.4 | 0.5 | 5.9 |
Hyperinflation | 2.7 | 0.5 | 4.2 | 0.4 | 7.8 |
Disposals | (0.4) | – | (0.9) | (0.2) | (1.5) |
Foreign exchange differences | (3.9) | (0.6) | (6.2) | (0.8) | (11.5) |
At 31 December 2023 | 18.4 | 5.1 | 33.9 | 1.7 | 59.1 |
Accumulated depreciation and impairment | |||||
At 1 January 2022 | (3.5) | (1.7) | (11.4) | (0.2) | (16.8) |
Charge for the year | (2.4) | (0.7) | (6.7) | (0.3) | (10.1) |
Hyperinflation | (0.4) | (0.1) | (1.2) | – | (1.7) |
Disposals | 0.1 | 0.1 | 0.7 | 0.1 | 1.0 |
Foreign exchange differences | (0.1) | (0.2) | (0.6) | – | (0.9) |
At 31 December 2022 | (6.3) | (2.6) | (19.2) | (0.4) | (28.5) |
Charge for the year | (3.9) | (0.8) | (6.9) | (0.6) | (12.2) |
Hyperinflation | (1.0) | (0.1) | (3.1) | (0.1) | (4.3) |
Disposals | 0.4 | – | 0.9 | 0.2 | 1.5 |
Foreign exchange differences | 2.0 | 0.1 | 4.0 | 0.2 | 6.3 |
At 31 December 2023 | (8.8) | (3.4) | (24.3) | (0.7) | (37.2 ) |
Net book value | |||||
At 31 December 2022 | 11.9 | 2.4 | 14.0 | 1.4 | 29.7 |
At 31 December 2023 9.6 1.7 9.6 1.0 21.9 |
2023 | 2022 | |
£m | £m | |
Non-current assets | – | – |
Current assets | 0.4 | 0.3 |
Current liabilities | (0.1) | (0.4) |
Net assets/(liabilities) | 0.3 | (0.1) |
Group’s share of net assets/(liabilities) – 50% | 0.2 | (0.1) |
Less: loss restricted to carrying value of investment | – | 0.1 |
Group’s carrying amount of the investment | 0.2 – |
2023 | 2022 | |
£m | £m | |
Revenue | 1.1 | 0.7 |
Operating expense | (0.6) | (0.8) |
Profit/(loss) for the year | 0.5 | (0.1) |
Other comprehensive expense | – | – |
Total comprehensive income/(expense) | 0.5 | (0.1) |
2023 | 2022 | |
£m | £m | |
Revenue | 0.5 | 0.4 |
Operating expense | (0.3) | (0.5) |
Profit/(loss) for the year | 0.2 | (0.1) |
Other comprehensive expense | – | – |
Total comprehensive income/(expense) | 0.2 | (0.1) |
Less: loss restricted to carrying value of investment | – | 0.1 |
Group’s share of joint venture profit | 0.2 | – |
Leases and | ||||||
Property | ||||||
Intangible | plant and | Short term | Net deferred | |||
assets | equipment | differences | Total | Offset | tax assets | |
Deferred tax assets | £m | £m | £m | £m | £m | £m |
At 1 January 2022 | – | 11.6 | 6.2 | 17.8 | (11.0) | 6.8 |
Credited to profit or loss | 6.7 | 0.1 | 2.4 | 9.2 | – | 9.2 |
Foreign exchange differences | 0.1 | (0.1) | 0.7 | 0.7 | – | (10.6) |
At 31 December 2022 | 6.8 | 11.6 | 9.3 | 27.7 | (22.3) | 5.4 |
Credited to profit or loss | 5.9 | 5.1 | 4.9 | 15.9 | – | 15.9 |
Foreign exchange differences | (0.3) | (1.6) | (0.5) | (2.4) | – | (2.4) |
At 31 December 2023 | 12.4 | 15.1 | 13.7 | 41.2 | (33.9) | 7. 3 |
Leases and | ||||||
Property | ||||||
Intangible | Loans and | plant and | Net deferred | |||
assets | borrowings | equipment 1 | Total | Offset | tax liabilities | |
Deferred tax liabilities | £m | £m | £m | £m | £m | £m |
At 1 January 2022 | (67.7) | – | (10.9) | (78.6) | 11.0 | (67.6) |
Reclassification | (0.4) | – | 0.4 | – | – | – |
Credited/(charged) to profit or loss | 8.8 | – | (0.8) | 8.0 | – | 8.0 |
Foreign exchange differences | (5.7) | – | (0.1) | (5.8) | – | 5.5 |
At 31 December 2022 | (65.0) | – | (11.4) | (76.4) | 22.3 | (54.1) |
Acquired through business combinations | (0.2) | – | – | (0.2) | – | (0.2) |
Credited to profit or loss | 9.6 | – | (3.0) | 6.6 | – | 6.6 |
Foreign exchange differences | 2.4 | – | 1.0 | 3.4 | – | 3.4 |
At 31 December 2023 | (53.2) | – | (13.4) | (66.6) | 33.9 | (32.7) |
2023 | 2022 | |
Restated | ||
£m | £m | |
Trade receivables | 346.8 | 349.6 |
Prepayments | 13.1 | 16.4 |
Accrued income | 28.2 | 44.7 |
Other receivables | 33.1 | 43.9 |
Total | 421.2 | 454.6 |
Included in current assets | 4 07.5 | 442.4 |
Included in non-current assets | 13.7 | 12.2 |
Total | 421.2 | 454.6 |
2023 | 2022 | |
£m | £m | |
Cash and bank | 145.7 | 223.6 |
Cash and cash equivalents | 145.7 | 223.6 |
2023 | 2022 | |
Restated | ||
£m | £m | |
Trade payables | (249.1) | (251.6) |
Accruals | (90.9) | (102.8) |
Deferred income | (53.6) | (65.6) |
Sales taxes | (7.9) | (1.2) |
Wage taxes and social security contributions | (7.7) | (10.0) |
Other payables | (8.9) | (12.0) |
Total | (418.1) | (443.2) |
Included in current liabilities | (418.1) | (443.2) |
Total | (418.1) | (443.2) |
Interest | |||||
Senior | payable on | ||||
secured term | Transaction | Facilities | |||
Bank loans | loan B (TLB) | costs | Agreement | Total | |
Loans and borrowings | £m | £m | £m | £m | £m |
Balance at 1 January 2022 | (3.3) | (315.1) | 8.0 | (0.6) | (311.0) |
Acquired through business combinations | (0.3) | – | – | – | (0.3) |
Loans Waived | 0.3 | – | – | – | 0.3 |
Repayments | 2.8 | – | – | 13.5 | 16.3 |
Charged to profit-or-loss | – | – | (1.3) | (13.5) | (14.8) |
Exchange rate differences | (0.1) | (17.4) | 0.2 | (0.1) | (17.4) |
Total transactions during the year | 2.7 | (17.4) | (1.1) | (0.1) | (15.9) |
Balance at 31 December 2022 | (0.6) | (332.5) | 6.9 | (0.7) | (326.9) |
Acquired through business combinations | – | – | – | – | – |
Loans Waived | – | – | – | – | – |
Repayments | 0.2 | – | – | 2 3.1 | 23.3 |
Charged to profit-or-loss | – | – | (1.4) | (22.7) | (24.1) |
Exchange rate differences | – | 6.6 | (0.1) | 0.1 | 6.6 |
Total transactions during the year | 0.2 | 6.6 | (1.5) | 0.5 | 5.8 |
Balance at 31 December 2023 | (0.4) | (325.9) | 5.4 | (0.2) | (321.1) |
Included in current liabilities | – | – | – | (0.2) | (0.2) |
Included in non-current liabilities | (0.4) | (325.9) | 5.4 | – | (320.9) |
2023 | 2022 | |
Financial assets | £m | £m |
Financial assets held at amortised cost | ||
Cash and cash equivalents | 145.7 | 223.6 |
Trade receivables | 346.8 | 349.6 |
Accrued income | 28.2 | 44.7 |
Other receivables 1 | 33.1 | 43.9 |
Total | 553.8 | 661.8 |
2023 | 2022 | |
Financial liabilities | £m | £m |
Financial liabilities held at amortised cost | ||
Trade and other payables | (348.9) | (369.2) |
Loans and borrowings | (321.1) | (326.9) |
Lease liabilities | (49.0) | (58.4) |
Financial liabilities held at fair value through profit or loss | ||
Contingent consideration and holdbacks | (25.5) | (188.6) |
Total | (744.5) | (943.1) |
2023 | 2023 | 2022 | 2022 | |
Fair value | Level 3 | Fair value | Level 3 | |
Financial liabilities held at fair value | £m | £m | £m | £m |
Contingent consideration and holdbacks | (25.5) | (25.5) | (188.6) | (188.6) |
Total | (25.5) | (25.5) (188.6) (188.6) |
Performance | Employment | |||
linked | linked | |||
contingent | contingent | |||
consideration | consideration | Holdbacks | Total | |
Contingent consideration and holdbacks | £m | £m | £m | £m |
Balance at 1 January 2022 | (42.9) | (58.7) | (16.8) | (118.4) |
Acquired through business combinations | (12.5) | – | (14.2) | (26.7) |
Recognised in consolidated statement of profit or loss | 13.1 | (155.6) | (1.6) | (144.1) |
Cash paid | 17. 0 | 38.9 | 9.4 | 65.3 |
Equity settlement | 19.1 | 35.4 | – | 54.5 |
Exchange rate differences | (4.7) | (11.7) | (2.8) | (19.2) |
Balance at 31 December 2022 | (10.9) | (151.7) | (26.0) | (188.6) |
Acquired through business combinations | (0.4) | – | – | (0.4) |
Recognised in consolidated statement of profit or loss | 1.6 | 4.1 | 5.8 | 11.5 |
Cash paid | – | 77.7 | 5.9 | 83.6 |
Equity settlement | – | 62.3 | 0.4 | 62.7 |
Exchange rate differences | 0.7 | 4.6 | 0.4 | 5.7 |
Balance at 31 December 2023 | (9.0) | (3.0) | (13.5) | (25.5) |
Included in current liabilities | (10.9) | (151.7) | (14.7) | (177.3) |
Included in non-current liabilities | – | – | (11.3) | (11.3) |
Balance at 31 December 2022 | (10.9) | (151.7) | (26.0) | (188.6) |
Included in current liabilities | (8.6) | (3.0) | (6.6) | (18.2) |
Included in non-current liabilities | (0.4) | – | (6.9) | (7.3) |
Balance at 31 December 2023 | (9.0) | (3.0) | (13.5) | (25.5) |
2023 | 2022 | |
£m | £m | |
Bank loans | 326.3 | 333.2 |
+/- 1% impact | 3.3 | 3.3 |
Other | |||||
GBP | USD | EUR | currencies | Total | |
At 31 December 2023 | £m | £m | £m | £m | £m |
Trade receivables | 14.8 | 241.9 | 36.6 | 53.5 | 346.8 |
Cash and cash equivalents | (23.8) | 91.2 | 15.1 | 63.2 | 145.7 |
Trade payables | (9.5) | (175.1) | (20.3) | (44.2) | (249.1) |
Loans and borrowings | – | – | (326.5) | – | (326.5) |
Financial assets/(liabilities) | (18.5) | 158.0 | (295.1) | 72.5 | (83.1) |
+/- 10% impact | – | 15.8 | (29.5) | 7.3 | (6.4) |
Other | |||||
GBP | USD | EUR | currencies | Total | |
At 31 December 2022 | £m | £m | £m | £m | £m |
Trade receivables | 15.7 | 226.3 | 41.2 | 66.4 | 349.6 |
Cash and cash equivalents | 7.7 | 140.4 | 24.3 | 51.2 | 223.6 |
Trade payables | (10.0) | (174.5) | (27.6) | (39.5) | (251.6) |
Loans and borrowings | – | – | (333.9) | – | (333.9) |
Financial assets / (liabilities) | 13.4 | 192.2 | (296.0) | 78 .1 | (12.3) |
+/- 10% impact | – | 19.2 | (29.6) | 7.8 | (2.6) |
Gross trade | Impairment | Net trade | ||
Expected Credit | receivables | provision | receivables | |
Trade receivables | Loss Rate | £m | £m | £m |
Not passed due | 0.20-0.25% | 273.6 | (0.6) | 273.0 |
Past due 1 day to 30 days | 0.40-0.50% | 54.1 | (0.3) | 53.8 |
Past due 31 days to 60 days | 0.60-1.00% | 7.3 | (0.1) | 7. 2 |
Past due 61 days to 90 days | 0.80-2.00% | 3.3 | (0.1) | 3.2 |
Past due more than 90 days | 1.00-7. 50% | 10.1 | (0.5) | 9.6 |
Specific provisions against individual debtors | up to 100% | 7.4 | (7.4) | – |
Balance at 31 December 2023 | 355.8 | (9.0) | 346.8 |
Gross trade | Impairment | Net trade | ||
Expected Credit | receivables | provision | receivables | |
Trade receivables | Loss Rate | £m | £m | £m |
Not passed due | 0.20-0.25% | 281.7 | (0.6) | 281.1 |
Past due 1 day to 30 days | 0.40-0.50% | 49.0 | (0.2) | 48.8 |
Past due 31 days to 60 days | 0.60-1.00% | 9.6 | (0.1) | 9.5 |
Past due 61 days to 90 days | 0.80-2.00% | 5.7 | (0.1) | 5.6 |
Past due more than 90 days | 1.0 0 -7. 5 0% | 4.9 | (0.3) | 4.6 |
Specific provisions against individual debtors | up to 100% | 4.5 | (4.5) | – |
Balance at 31 December 2022 | 355.4 | (5.8) | 349.6 |
2023 | 2022 | |
£m | £m | |
Balance at the beginning of the year | 5.8 | 5.3 |
Business combinations | – | 2.0 |
Utilised during the period | (0.4) | (2.4) |
Charge for the year | 3.6 | 0.9 |
Balance at the end of the year | 9.0 | 5.8 |
2023 | 2022 | |
£m | £m | |
Aa 1 | – | 0.9 |
Aa 2 | 66.4 | 112.4 |
Aa 3 | 33.6 | 10.7 |
A 1 | 23.8 | 46.1 |
A 2 | 3.9 | 5.4 |
A 3 | 5.1 | 3.1 |
Baa1 | 0.2 | 1.5 |
Baa 2 | 0.7 | 14.2 |
Baa 3 | – | 16.5 |
Ba 1 | 2.9 | – |
Ba 2 | – | 8.0 |
B 2 | – | – |
No credit rating | 9.1 | 4.8 |
Total cash and cash equivalents | 145.7 | 223.6 |
More than | ||||
Within 1 year | 1-2 years | 2-5 years | 5 years | |
At 31 December 2023 | £m | £m | £m | £m |
Trade payables | 249.1 | – | – | – |
Lease liabilities | 15.7 | 13.9 | 31.0 | 1.2 |
Contingent consideration and holdbacks | 18.2 | 7.3 | – | – |
Loans and borrowings | 0.2 | 0.2 | 325.9 | – |
Interest payments | 23.0 | 23.0 | 59.6 | – |
Total | 306.2 | 44.4 | 416.5 | 1.2 |
More than | ||||
Within 1 year | 1-2 years | 2-5 years | 5 years | |
At 31 December 2022 | £m | £m | £m | £m |
Trade payables | 251.7 | – | – | – |
Lease liabilities | 17. 5 | 14.5 | 26.6 | 5.6 |
Contingent consideration and holdbacks | 17 7. 3 | 5.5 | 5.8 | – |
Loans and borrowings | – | – | 0.6 | 332.6 |
Interest payments | 13.5 | 13.5 | 40.6 | 8.2 |
Total | 460.0 | 33.5 | 73.6 | 346.4 |
2023 | 2022 | |
£m | £m | |
Loans and borrowings | (326.5) | (333.8) |
Cash and bank | 145.7 | 223.6 |
Total | (180.8) | (110. 2) |
2023 | 2023 | 2022 | 2022 | ||||
£m | shares | £m | shares | ||||
TheoremOne | 81.4 | 40, | 217,125 | 55.0 | 19,242,228 | ||
Decoded | – | – | 47.9 | 9,311,922 | |||
Raccoon | 43.6 | 29,217,838 | 43.0 | 13,937,669 | |||
XX Artists | 25.3 | 21,384,430 | 7. 8 | 3 | , 3 | 97,106 | |
Cashmere | – | – | 6.9 | 827,710 | |||
Zemoga | 3.4 | 1,629,599 | 8.7 | 2,319,841 | |||
4 Mile | 2.3 | 441,623 | 2.3 | 427, 20 6 | |||
Destined | 0.2 | 66,921 | 0.2 | 66,921 | |||
Total | 156.2 | 92,957,536 | 171.8 | 49,530,603 |
Employee | A1 | ||||
Share | All-employee | incentive | |||
Ownership | Restricted | incentive | share | ||
Plan | stock units | plan | options | Total | |
Awards movement during the reporting period | m | m | m | m | m |
Outstanding at 1 January 2022 | 12.5 | 3.8 | 0.6 | – | 16.9 |
Granted | 6.7 | – | – | – | 6.7 |
Exercised | (0.7) | (1.8) | – | – | (2.5) |
Lapsed | (3.1) | (0.1) | – | – | (3.2) |
Outstanding at 31 December 2022 | 15.4 | 1.9 | 0.6 | – | 17.9 |
Reinstatement | 0.5 | – | – | – | 0.5 |
Restated outstanding at 31 December 2022 | 15.9 | 1.9 | 0.6 | – | 18.4 |
Granted | 16.2 | – | – | – | 16.2 |
Exercised | (1.8) | (0.6) | – | – | (2.4) |
Lapsed | (4.9) | – | (0.1) | – | (5.0) |
Outstanding at 31 December 2023 | 25.4 | 1.3 | 0.5 | – | 27. 2 |
Exercisable at 31 December 2023 | 4.7 | ||||
Within 1 year | 6.0 | ||||
1-2 years | 3.7 | ||||
2-5 years | 12.8 | ||||
Outstanding at 31 December 2023 | 27.2 |
2023 | |
Weighted average of fair value of options | £0.62 |
Weighted average assumptions | |
Risk free rate | 3.9% |
Expected life (years) | 3.4 |
Expected volatility | 50% |
Dividend yield | n/a |
Number | Exercise | Remaining | |
of options | price | contractual life | |
Share options outstanding | 15,635,643 | £0.00 | 2024-2027 |
Share options outstanding | 213,078 | £1.17 | 2026 |
Share options outstanding | 227,000 | £1.27 | 2024-2026 |
Share options outstanding | 821,599 | £1.42 | 2024-2025 |
Share options outstanding | 50,000 | £1.49 | 2024 |
Share options outstanding | 420,670 | £1.51 | 2024-2026 |
Share options outstanding | 510,043 | £1.80 | 2024-2027 |
Share options outstanding | 6,613,409 | £2.00 | 2024-2026 |
Share options outstanding | 2,244,982 | £2.37 | 2024-2026 |
Share options outstanding | 9,977 | £3.22 | 2025 |
Share options outstanding | 39,766 | £3.77 | 2024 |
Share options outstanding | 32,538 | £3.98 | 2025-2026 |
Share options outstanding | 2,939 | £4.26 | 2024 |
Share options outstanding | 52,500 | £4.88 | 2024 |
Share options outstanding | 166,041 | £5.02 | 2024 |
Share options outstanding | 11,000 | £5.26 | 2024 |
Share options outstanding | 46,500 | £5.36 | 2024 |
Share options outstanding | 19,134 | £5.54 | 2024 |
Share options outstanding | 45,349 | £5.72 | 2024 |
Share options outstanding | 54,450 | £6.05 | 2024 |
Share options outstanding | 19,600 | £8.04 | 2024 |
Total share options outstanding | 27,236,218 |
Net debt | |||||
including | |||||
Borrowings | lease | ||||
and overdraft | Cash | Net Debt | Leases | liabilities | |
£m | £m | £m | £m | £m | |
Net debt as at 1 January 2022 | (319.0) | 301.0 | (18.0) | (42.0) | (60.0) |
Financing cash flows | 0.9 | (95.8) | (94.9) | 15.4 | (79.5) |
Acquired through business combinations | (0.3) | – | (0.3) | (0.7) | (1.0) |
Lease additions | – | – | – | (26.9) | (26.9) |
Foreign exchange adjustments | (17.6 ) | 18.4 | 0.8 | (3.5) | (2.7) |
Interest expense | (13.5) | – | (13.5) | (2.1) | (15.6) |
Interest payment | 13.5 | – | 13.5 | 2.1 | 15.6 |
Other | 2.2 | – | 2.2 | (0.7) | 1.5 |
Net debt as at 31 December 2022 | (333.8) | 223.6 | (110.2) | (58.4) | (168.6) |
Financing cash flows | 0.2 | (67.0 ) | (66.8) | 16.3 | (50.5) |
Acquired through business combinations | – | – | – | (0.2) | (0.2) |
Lease additions | – | – | – | (14.0) | (14.0) |
Foreign exchange adjustments | 6.8 | (10.9) | (4.1) | 1.1 | (3.0) |
Interest expense | (22.7) | – | (22.7) | (2.3) | (25.0) |
Interest payment | 23.1 | – | 23.1 | 2.3 | 25.4 |
Other | (0.1) | – | (0.1) | 6.2 | 6.1 |
Net debt as at 31 December 2023 | (326.5) | 145.7 | (180.8) | (49.0) | (229.8) |
The defined benefit scheme acquired as part of the TheoremOne acquisition was settled during the year, with all |
obligations being eliminated. The impact of settlement on the consolidated statement of comprehensive income was |
2023 | 2022 | |
£m | £m | |
Place of business/ | |||||||
Country of | Ownership | ||||||
Name of entity | Address of the registered office | incorporation | interest % | Principal activity | |||
S 4 Capital 2 Limited | 3rd Floor, 44 Esplanade | Jersey | 100 | Holding company | |||
St Helier, Jersey, JE4 9WG | |||||||
S 4 Capital | 3rd Floor, 44 Esplanade | Jersey | 100 | Financing company | |||
Acquisitions 1 Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital | 3rd Floor, 44 Esplanade | Jersey | 100 | Holding company | |||
Acquisitions 2 Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital APAC Holdings | 3rd Floor, 44 Esplanade | Jersey | 100 | Holding company | |||
Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital AUD | 3rd Floor, 44 Esplanade | Jersey | 100 | Financing company | |||
Finance Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital Australia | c/- MinterEllison, Level 11, | Australia | 100 | Holding company | |||
Holdings Pty Ltd (Previously | 1 Constitution Avenue | ||||||
MediaMonks Australia | Canberra, CITY ACT 2601 | ||||||
Holding Pty Ltd) | |||||||
S 4 Capital BRL | 12 St. James’s Place, London, | United Kingdom | 100 | Financing company | |||
Finance Ltd | SW1A 1NX | ||||||
S 4 Capital CAD | 3rd Floor, 44 Esplanade | Jersey | 100 | Financing company | |||
Finance Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital | Suite | 1700 | , Park Place 666, | Canada | 100 | Holding company | |
Canada 2 Ltd | Burrard Street, Vancouver, BC, V6C 2X8 | ||||||
S 4 Capital EMEA | Oude Amersfoortseweg 125, | The Netherlands | 100 | Holding company | |||
Holdings B.V. | 1212 | AA Hilversum | |||||
S 4 Capital EUR | 3rd Floor, 44 Esplanade | Jersey | 100 | Financing company | |||
Finance Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital France | 43-47 Avenue de la Grande | France | 100 | Holding company | |||
Holdings SAS | Armée, 75116 | Paris | |||||
S 4 Capital Germany | Zielstattstraße 40 c/o BDO AG, 81379, | Germany | 100 | Holding company | |||
Holdings GmbH | München | ||||||
S 4 Capital | 3rd Floor, 44 Esplanade | Jersey | 100 | Holding company | |||
Holdings Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital INR | 3rd Floor, 44 Esplanade | Jersey | 100 | Financing company | |||
Finance Ltd | St Helier, Jersey, JE4 9WG | ||||||
S 4 Capital | 69 Neil Road, | Singapore | 100 | Holding company | |||
Investment Pte Ltd | Singapore 088899 | ||||||
S 4 Capital Italy | Viale Abruzzi 94 | Italy | 100 | Holding company | |||
Holdings Srl | CAP | 20131 | Milano | ||||
S 4 Capital LUX | 20, rue Eugène Ruppert, | Luxembourg | 100 | Financing company | |||
Finance S.à r.l. | L-2453 | Luxembourg | |||||
S 4 Capital Services Ltd | 3rd Floor, 44 Esplanade | Jersey | 100 | Financing company | |||
St Helier, Jersey, JE4 9WG | |||||||
S 4 Capital South | 3rd Floor, 44 Esplanade | Jersey | 100 | Holding company | |||
America Holdings Ltd | St Helier, Jersey, JE4 9WG |
Place of business/ | |||||
Country of | Ownership | ||||
Name of entity | Address of the registered office | incorporation | interest % | Principal activity | |
S 4 Capital | 3rd Floor, 44 Esplanade | Jersey | 100 | Holding company | |
UK Holdings Ltd | St Helier, Jersey, JE4 9WG | ||||
S 4 Capital | 251 | Little Falls Drive, | United States of | 100 | Holding company |
US Holdings LLC | Wilmington, DE 19808. | America | |||
S 4 Korea Bidco Ltd | 3F, 166, Toegye-ro, Jung-gu, Seoul, | Republic of Korea | 100 | Holding company | |
4 Mile Analytics Pty Ltd | Suite 1003, | Level 10, | Australia | 100 | Data&Digital Media |
28 Margaret St, Sydney NSW, 2000 | |||||
4 Mile LLC | 877 | Cedar St., #150, | United States of | 100 | Data&Digital Media |
Santa Cruz CA 95060 | America | ||||
Bluetide, | Avenida Lago Alberto 442 Torre A- 404 Suite | Mexico | 100 | Content | |
S.A.P.I DE C.V. | 558, PO BOX: 11320, Anahuac, II Seccion, | ||||
Miguel Hidalgo, Ciudad de México | |||||
Brightblue | Media.Monks, Bonhill Building, Bonhill Street, | United Kingdom | 100 | Content | |
Consulting Ltd | London, England, EC2A 4DN | ||||
Brightblue | Media.Monks, Bonhill Building, Bonhill Street, | United Kingdom | 100 | Holding company | |
Holdings Ltd | London, England, EC2A 4DN | ||||
Cashmere | 850 | New Burton Road, | United States of | 100 | Content |
Agency Inc | Suite 201, City of Dover, | America | |||
County of Kent, Delaware 19904 | |||||
Circus BA S.A. | Tucumán 1, 4th. Floor, City of | Argentina | 100 | Content | |
Buenos Aires, C1049AAA | |||||
Circus | Carrera 16 | Colombia | 100 | Content | |
Colombia, S.A.S | No. 97 – 46 P 8, Bogota | ||||
Circus LAX LLC | 3500 | S Dupont HWY, Dover, Kent, Delaware, | United States of | 100 | Holding company |
19901 | America | ||||
Circus Marketing DF, S.A.P.I | Calle Lago Alberto | Mexico | 100 | Content | |
DE C.V | 442 | Torre A- 404 Suite 607, PO BOX: 11320, | |||
Anahuac, I Seccion, Miguel Hidalgo, Ciudad | |||||
de Mexico | |||||
Circus Marketing | C/ Garcia Paredes No. 17, | Spain | 100 | Content | |
Europa S.L. | Interior Madrid 28010, Madrid | ||||
Circus Network | Calle Lago Alberto | Mexico | 100 | Holding company | |
Holding, S.A.P.I. DE C.V. | 442 | Torre A- 404 Suite 608, PO BOX: 11320, | |||
Anahuac, I Seccion, Miguel Hidalgo, | |||||
Ciudad de Mexico | |||||
Circus Network Servicos De | Rua Girassol, 128, 3o andar, | Brazil | 100 | Content | |
Marketing Ltda | Vila Madalena, 05433-000, São Paulo, SP. | ||||
Citrusbyte, LLC (DBA | 21550 | Oxnard St, 3rd Floor, | United States of | 100 | Technology Services |
TheoremOne, LLC) | #11 Woodland Hills, CA 91367 | America | |||
Conversion | Unit 6 Windsor Business | United Kingdom | 100 | Data&Digital Media | |
Works Ltd | Centre, Vansittart Estate, | ||||
Windsor, Berkshire, SL4 1SP | |||||
Decoded Advanced | 874, Walker Road, Suite C, | United States of | 100 | Content | |
Media LLC | Dover County of Kent, DE 19904 | America | |||
Decoded | 874, Walker Road, Suite C, | United States of | 100 | Content | |
Advertising LLC | Dover County of Kent, DE 19904 | America | |||
Decoded | Mercer & Hole, 21 Lombard Street, London, | United Kingdom | 100 | Content | |
Advertising UK Ltd | EC3V 9AH | ||||
Decoded | 874, Walker Road, Suite C, | United States of | 100 | Content | |
Intelligence LLC | Dover County of Kent, DE 19904 | America | |||
Decoded US | 850 | New Burton Road, | United States of | 100 | Holding company |
Holdco Inc | Suite 201, Dover, Delaware 19904 | America | |||
Destined 4 Pty Ltd | Level 8, 32 West Street | Australia | 100 | Data&Digital Media | |
North Sydney NSW 2060 |
Place of business/ | ||||||
Country of | Ownership | |||||
Name of entity | Address of the registered office | incorporation | interest % | Principal activity | ||
Destined 5 Pte Ltd | 30 Cecil Street, #19-08, | Singapore | 100 | Data&Digital Media | ||
Prudential Tower, Singapore (049712) | ||||||
Digocloud SAS | CR 11 NO. 94 A 25 OF 201 Bogotá | Colombia | 100 | Data&Digital Media | ||
Digodat SA | Tucumán 1, 4th. Floor, City | Argentina | 100 | Data&Digital Media | ||
of Buenos Aires C1049AAA | ||||||
Digolab SPA | La Capitanía nro 80, | Chile | 100 | Data&Digital Media | ||
Bloque Of Dpto 108 Las Condes, Santiago | ||||||
Digosoft SRL de CV | Goldsmith 40, ofna 9, Colonia Polanco, | Mexico | 100 | Data&Digital Media | ||
Delegación Miguel Hidalgo, Ciudad de México, | ||||||
CP 11550 | ||||||
Farzul SA | Dr. Scoseria 2671 - Punta Carretas - | Uruguay | 100 | Content | ||
Montevideo | ||||||
Firewood Marketing Mexico | Gustavo Baz 2160, Edificio 3, piso 1, 54060 | Mexico | 100 | Content | ||
S. de R.L. | Tlalnepantla de Baz, Estado de México, | |||||
de C.V. | México | |||||
Firewood | 850 | New Burton Road | United States of | 100 | Content | |
Marketing Inc | Suite 201, City of Dover, County of Kent, | America | ||||
Delaware 19904 | ||||||
Firewood Marketing Ireland | 3rd Floor Ulysses House, | Ireland | 100 | Content | ||
Ltd | Foley Street, Dublin 1 | |||||
Firewood Marketing | 12 St. James’s Place, London, | United Kingdom | 100 | Content | ||
UK Ltd | SW1A 1NX | |||||
Flying Nimbus SAS | Tucumán 1, 4th. Floor, City | Argentina | 100 | Data&Digital Media | ||
of Buenos Aires C1049AAA | ||||||
Formula Consultants Inc. | 2300 | East Katella Avenue, Suite 355 | United States of | 100 | Technology Services | |
Anaheim CA 92806 United States | America | |||||
Formula Partners, LLC | 2140 | S. Dupont Highway Camden, DE 19934 | United States of | 100 | Technology Services | |
America | ||||||
Hilanders | Room 303, 3/F., Golden Gate Commercial | Hong Kong | 100 | Content | ||
(Hong Kong) Ltd | Building, 136-138 | |||||
Austin Road, Tsim Sha Tsui, Kowloon | ||||||
IMAgency B.V. | Danzigerbocht 41 C, 1013AM Amsterdam | The Netherlands | 100 | Content | ||
IMAgency USA Inc | 8 The Green, STE B B, Dover | United States of | 100 | Content | ||
County of Kent, DE 19901 | America | |||||
Jam3 EMEA B.V. | Van Diemenstraat 180, 1013CP Amsterdam | The Netherlands | 100 | Content | ||
Jam3 Holding Inc | Suite | 170 | 0, Park Place 666, Burrard Street, | Canada | 100 | Holding company |
Vancouver, BC, V6C 2X8 | ||||||
Jam3 of America Inc | 850 | New Burton Road, Suite | United States of | 100 | Content | |
201, Dover, Delaware 19904 | America | |||||
Lemma Solutions LLC | 2140 | S. Dupont Highway Camden, | United States of | 100 | Technology Services | |
DE 19934 | America | |||||
Lens10 Pty Ltd | Level 5, 66 King Street, Sydney NSW 2000 | Australia | 100 | Data&Digital Media | ||
Made.for.Digital Inc | 874 | Walker Road, Suite C, | United States of | 100 | Content | |
County of Kent, Dover, Delaware, 19904 | America | |||||
Mamba Holding S.r.l, | Milano (mi), Viale Papiniano 44, 20123 | Italy | 100 | Content | ||
Maverick Digital Inc | 838 | Walker Road, Suite 21-2, Dover, | United States of | 100 | Data&Digital Media | |
County of Kent, 19904, Delaware. | America | |||||
Maverick Digital | 25/30, Third Floor, Babaji Complex, Tilak | India | 100 | Data&Digital Media | ||
Services Pvt Ltd | Nagar, Delhi 110018 | |||||
MediaMonks Canada | 850 | New Burton Road, Suite 201, Dover, DE, | United States of | 100 | Holding company | |
Holdings Inc. | 199 | 04, United States | America | |||
Media.Monks DDM | Oude Amersfoortseweg 125, 1212 AA | The Netherlands | 100 | Data&Digital Media | ||
(Hilversum) B.V. | Hilversum | |||||
Media.Monks Paris SAS | 17 rue Martel – Paris (75010) | France | 100 | Content | ||
(previously Darewin SAS) |
Place of business/ | |||||||
Country of | Ownership | ||||||
Name of entity | Address of the registered office | incorporation | interest % | Principal activity | |||
Media.Monks | Oude Amersfoortseweg 125, | The Netherlands | 100 | Content | |||
Publishing B.V. | 1212 | AA Hilversum | |||||
Media.Monks | 27F., No.9, Songgao Rd., | Taiwan | 100 | Data&Digital Media | |||
Taiwan Co. Ltd | Xinyi Dist., Taipei City 110, (R.O.C.) | ||||||
MediaMonks Arabian | 8884 | Airport Street, | Kingdom of Saudi | 100 | Content | ||
Company for Media | 13 | 413, Riyadh | Arabia | ||||
Production LLC | |||||||
MediaMonks | HWL Ebsworth Level 14, Australia Square, | Australia | 100 | Content | |||
Australia Pty Ltd | 264-278 George Street, Sydney Cove NSW | ||||||
2000 | |||||||
MediaMonks B.V. | Oude Amersfoortseweg 125, | The Netherlands | 100 | Content | |||
1212 | AA Hilversum | ||||||
MediaMonks | Tucumán 1, 4th Floor, | Argentina | 100 | Content | |||
Buenos Aires SRL | Buenos Aires | ||||||
MediaMonks | 410 | The Hills, Buchanan Square, | South Africa | 100 | Content | ||
Cape Town Pty Ltd | 160 | Sir Lowry Road, Woodstock 7925, Cape | |||||
Town | |||||||
MediaMonks FZ-LLC | Dubai Media City Building 9, | United Arab | 100 | Content | |||
Third floor, unit 318, Dubai, U.A.E. | Emirates | ||||||
MediaMonks | Mollenbachstraße 3, | Germany | 100 | Content | |||
Germany GmbH | 71229 | Leonberg | |||||
MediaMonks | 11/F, Unit B, Winbase Centre | Hong Kong | 100 | Holding company | |||
Hong Kong Ltd | 208 | Queen’s Road Central Sheung Wang | |||||
MediaMonks Inc. | 874, Walker Road, Suite C, | United States of | 100 | Content | |||
Dover County of Kent, DE 19904 | America | ||||||
MediaMonks | Room 603-A09, East Building 1, | P.R. China | 100 | Content | |||
Information Technology | No.29 Jiatai Road, China | ||||||
(Shanghai) Co. Ltd. | (Shanghai) Pilot Free Trade Zone 201206 | ||||||
MediaMonks | Building 6, Premise | Republic of | 100 | Content | |||
Kazakhstan LLP | 1, Saryarka Avenue, Saryarka District, city of | Kazakhstan | |||||
Nur-Sultan, 010000 (Z10H9E3) | |||||||
MediaMonks | Media.Monks, Bonhill Building, Bonhill Street, | United Kingdom | 100 | Content | |||
London Ltd | London, England, EC2A 4DN | ||||||
MediaMonks Malaysia Sdn. | No. | 256B | , Jalan Bandar 12, | Malaysia | 100 | Content | |
Bhn. | Taman Melawati, Wilayah Persekutuan, | ||||||
Kuala Lumpur, 53100 | |||||||
MediaMonks | Amsterdam 271 Int 203, | Mexico | 100 | Content | |||
Mexico City | Colonia Hipodromo, Delegación Cuauhtemoc, | ||||||
S. de R.L. de C.V. | CP | CDMX | 06100 | ||||
MediaMonks | Oude Amersfoortseweg 125, | The Netherlands | 100 | Holding company | |||
Multimedia Holding B.V. | 1212 | AA Hilversum | |||||
MediaMonks Poland Spółka | ul. SZCZYTNICKA, nr 11, lok. miejsc. | Poland | 100 | Content | |||
Z Ograniczoną | WROCŁAW, kod 50-382, poczta WROCŁAW | ||||||
Odpowiedzialnością | |||||||
MediaMonks | 125047 | , Moscow, VN.TER.G. Municipal | Russian Federation | 100 | Content | ||
Russia LLC | District of Tverskoy, 4-TH Lesnoy Lane, D. 4, | ||||||
Floor 4 Rooms. I, COM. 23 Office 4107. | |||||||
MediaMonks Sao Paolo Serv. Rua Fidalga, 184, Anexo 198, Pinheiros, CEP: | Brazil | 100 | Content | ||||
De Internet para Publicidade | 05432-000, | ||||||
Ltda. | São Paulo. | ||||||
MediaMonks | 3F, Heungguk BLDG, 166, | Republic of Korea | 100 | Content | |||
Seoul LLC | Toegye-ro, Jung-gu, Seoul, 04627 | ||||||
MediaMonks Services B.V. | Oude Amersfoortseweg 125, | The Netherlands | 100 | Content | |||
1212 | AA Hilversum | ||||||
MediaMonks | 9 Raffles Place #26-01 | Singapore | 100 | Content | |||
Singapore Pte. Ltd. | Republic Plaza, 048619 |
Place of business/ | |||||||
Country of | Ownership | ||||||
Name of entity | Address of the registered office | incorporation | interest % | Principal activity | |||
Progmedia | Ortiz de Ocampo 3302 | Argentina | 100 | Data&Digital Media | |||
Argentina SAS | Building 1, 1st floor Office No. 7, | ||||||
City of Buenos Aires | |||||||
Proof LLC | 21550 | Oxnard St, 3rd Floor, | United States of | 100 | Technology Services | ||
#11 Woodland Hills, CA 91367 | America | ||||||
PT Media | Equity Tower Building 35-37th floor, JL. JEND. Indonesia | 100 | Data&Digital Media | ||||
Monks Indonesia | SUDIRMAN, KAV 52-53, Desa/Kelurahan | ||||||
Senayan, Kec. Kebayoran Baru, Kota Adm. | |||||||
Jakarta Selatan, Provinsi DKI Jakarta, Kode | |||||||
Pos: 12190 | |||||||
Raccoon | Rua Dona Alexandrina, | Brazil | 100 | Data&Digital Media | |||
Publicidade Ltda. | No. | 134 | 6, Vila Monteiro, | ||||
Gleba I, City of São Carlos, | |||||||
State of São Paulo, 13.560-290 | |||||||
Rewinda SAS | 5 Rue Rebeval, Appt 50, | France | 100 | Content | |||
75019 | Paris | ||||||
Rocky | Av. Irene da Silva Venâncio, number 199, GP | Brazil | 100 | Data&Digital Media | |||
Publicidade Ltda. | 03A, Bairro Protestantes, CEP: 18111-100 | ||||||
Staud Studios GmbH | Mollenbachstraße 3, 71229 | Germany | 100 | Content | |||
Leonberg | |||||||
Superhero | 874 | Walker Road, Suite C, | United States of | 100 | Content | ||
Cheesecake Inc. | Dover, County of Kent, DE 19904 | America | |||||
Tableau, | Calle Lago Alberto | Mexico | 100 | Content | |||
S. DE R.L. DE C.V. | 442 | Torre A- 404 Suite 558, | |||||
PO BOX: 11320, Anahuac, | |||||||
I Seccion, Miguel Hidalgo, | |||||||
Ciudad de Mexico | |||||||
Technical Performance | 21550 | Oxnard St, 3rd Floor, | United States of | 100 | Technology Services | ||
Services LLC | #11 Woodland Hills, CA 91367 | America | |||||
The Monastery LLC | 874, Walker Road, Suite C, | United States of | 100 | Content | |||
(Previously MediaMonks | Dover County of Kent, | America | |||||
Films LLC) | DE 19904 | ||||||
Toga S.r.l. | Milano (mi), | Italy | 100 | Content | |||
Viale Papiniano 44, 20123 | |||||||
Tomorrow | Room | 23 | 85, No. 12, Lane 65, | P.R. China | 100 | Content | |
(Shanghai) Ltd | Huandong No.1 Road, Fengjing Town, | ||||||
Jinshan District, Shanghai | |||||||
XX Artists LLC | 12130 | Millennium Dr., Suite 300 | United States of | 100 | Content | ||
Los Angeles, CA 90045 | America | ||||||
Zemoga Inc | 850 | New Burton Road, Suite | United States of | 100 | Technology Services | ||
201, Dover, Delaware 19904 | America | ||||||
Zemoga SaS | Calle 95 15-09 Bogota | Colombia | 100 | Technology Services | |||
PT Mightyhive Indonesia | Gedung Revenue Lt. 23 Unit 23-122, Jl. | Indonesia | 100 | Data&Digital Media | |||
Jenderal Sudirman Kac. 52-53, Senayan, | |||||||
Kebayoran Baru, Kota Adm. Jakarta Selatan, | |||||||
DKI Jakarta |
Place of business/ | |||||
Country of | Ownership | ||||
Name of entity | Address of the registered office | incorporation | interest % | Principal activity | |
S4S Ventures General | 412F | , Route d’Esch L-1471, Luxembourg | Luxembourg | 50 | Holding company |
Partner S.à r.l. | |||||
S4S Ventures General | 251 | Little Falls Drive, | United States of | 50 | Holding company |
Partner LLC | Wilmington, DE 19808 | America |