Adgorithms confirms significant new customer win

Adgorithms has announced a significant new customer win with a leading nutrition, health and wellness conglomerate.

Adgorithms said it had secured a 12 month rolling contract to deploy Albert, its artificial intelligence marketing platform, across all the customers' online advertising campaigns, focusing on its leading brand within its largest South American market.

Management expected this contract to generate a minimum of $300,000 of annual SaaS fees.

At 8:03am: (LON:ADGO) Adgorithms Ltd share price was +2p at 18.5p