Mirriad Advertising said on Wednesday that it has received a research and development tax credit of approximately £0.346m from HMRC, boosting its cash position.
Source: Sharecast
The AIM-traded virtual product placement specialist said the payment related to the financial year ended 31 December 2024.
As a result of the receipt, Mirriad said its current cash position now stood at around £1.275m.
At 0900 GMT, shares in Mirriad Advertising were down 9.09% at 0.01p.
Reporting by Josh White for Sharecast.com.
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