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Pixman Proves Their Niche Has Legs

Whilst it’s still looking decidedly shaky for AIM listed wearable media specialist Adwalker [1], Pixman Nomadic Media [2] proves that the niche they both occupy in the industry still has legs with a good set of 4th quarter and 2008 fiscal year financial statements.

What’s great for the industry is that nearly 30% of its clients, including several well-known brands such as RIM, Coca-Cola, Canon and Telef√≥nica, have returned for repeat business.

Pixman has also seen large scale campaigns for Chanel, Disney, Google and Levi’s.

Total revenue increased by 55.6% compared to the previous fiscal year and operating margins improved by 95.7% and its net loss shrank by 6.1%.