
Digital media provider Motio (ASX:MXO) reported record revenue outcomes for May and June.
Forward bookings for the first quarter of the 2027 financial year reached $1.4 million, marking a 20.3% increase compared to the previous corresponding period.
National advertising served as the primary source of recent turnover, accounting for 77% of the total revenue mix over the last 10 weeks.
The company stated that its medical network continues to meet development milestones, while its Drive network is on track to reach 100 rooftop units by July 22.
Following the announcement, the Motio share price was up at $0.058.
The media group operates four distinct audience environments by identifying and commercialising underutilised commercial display opportunities.
Management expects its established operating infrastructure and corporate systems to support future expansion alongside selective asset acquisitions.