A short-term drop in sales should not obscure the strong progress at DA Group, which has now struck up 20 distribution deals for its leading character animation technology.
DA has hooked up with MTV and Jamster, the company responsible for the Crazy Frog ringtone.
The Glasgow-based graphics specialist gets a percentage of the fee charged by telecom operators, broadcasters and content providers when its characters and images are downloaded by mobile phone and internet users.
It raised £3.3 million in cash at 55p in April and expects to sign further deals in the next few months.
Shares says: It is early days but the recent deals paint a good picture.
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