Unmade Index improves as Pureprofile shares good news, Motio launches a taxi-top media network and GTN goes backwards

Ooh Media’s price tumble finally eased off on Thursday with an improvement of 5.3% for the company’s struggling share price.

It was also a better day for Southern Cross Austereo which improved by 0.83%.

And some Unmade Index dogs failed to bark today. Global Traffic Network’s $49m market capitalisation didn’t budge after telling investors that revenue was down 15% and EBITDA profit was down by 53%.

The market was also unmoved by Pureprofile’s update. EBITDA and revenue were both up by 14% for the half but Pureprofile, which had aleady telegraphed its progress, remained on a $54m market cap.

Meanwhile, Motio dipped slightly, by 1.9%. Motio announced to the market today that it will launch Motio Drive, an on-taxi transit media network, via an investment in Adoniz.

The Unmade Index lifted slightly from yesterday’s all-time low, improving by 0.32% to 407.4 points.

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