Mimedia says all partners shipping devices for year-end

Executive Summary

• Mimedia Holdings reports that for the first time in its history, all partners are shipping devices or preparing to ship devices, marking a significant operational milestone for the company's revenue funnel.
• The company highlights record-high CPM mobile advertising rates in the United States, consistently exceeding $20 USD, which is more than double management's previous projections.
• CEO Chris Giordano notes that partners successfully mitigated Q1 tariff disruptions by shifting production to Vietnam and the Philippines, positioning the company for expected revenue growth and user engagement in 2026.

Key Details

• Partner Activity: All Mimedia partners are currently shipping devices or readying shipments for the end of the year, a first in company history.
• Revenue Streams: The company operates two revenue streams: mobile advertising and storage subscriptions, both of which are currently active and generating revenue.
• Advertising Metrics: CPM mobile advertising rates in the U.S. have been consistently above $20 USD, representing the highest levels recorded by the company and exceeding projections by more than double.
• Supply Chain Resilience: In response to Q1 tariff disruptions, partners moved production from China to Vietnam and the Philippines within months rather than years, insulating production from further disruption and adding scalability.
• Future Outlook: The company signed additional partners to its device funnel in 2025 and expects a solid rebound in 2026 as global demand returns.
• Upcoming Announcements: Specific partner device announcements are planned for the coming weeks.

Notable Quotes

• "Two thousand twenty-five has been an extraordinary year for our partners... Our partners responded to this major challenge by moving device production out of highly affected countries such as China and into less affected places like Vietnam and the Philippines -- a process that generally takes years to execute but instead, with great effort, only took months." — Chris Giordano, CEO
• "While we hoped for a breakthrough year with our partners in 2025, we are entering 2026 with the same expectation, if not better... Our partners and the company expect a solid rebound in 2026, as demand appears to be returning strongly across the globe." — Chris Giordano, CEO