One-off events and acquisitions drive up Blinkx

As presaged in its trading update last month (see here) video search technology company Blinkx has delivered its “exceptional” H1 (for the six months to September 30) with revenue up 84% to $44.6m, and PBT up 64% to $2.5m yoy. The level of revenue was aided by one-off events (increased ad spend driven by the Olympic and US presidential elections), and the impact of the Burst and PVMG acquisitions whose sales and product integrations are said to be ahead of schedule. Activity does seem to be livelier in the area of traditional online advertising than its founding area of video search though.