Shares in Language Service Provider Ai-Media Rise After IPO
Shares in translation, transcription, captioning, and subtitling provider Ai-Media open strong after Sydney IPO, boosting company’s market cap to nearly AUD 200m.
Shares in translation, transcription, captioning, and subtitling provider Ai-Media open strong after Sydney IPO, boosting company’s market cap to nearly AUD 200m.
With projected EBITDA loss of over AUD 10m in 2020, translation and captioning provider Ai-Media is well on its way to raising more than AUD 60m in Sydney IPO.
Sydney’s Ai-Media acquires Chicago’s ACS following USD 6.7m funding round. Ai-Media CEO Tony Abrahams says deal will complement company’s rapid organic sales growth in North America.
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