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VISTA Media Release GROUP 27 August 2021 , Vista Group International Ltd , Auckland , New Zealand Vista Cloud launch expands horizon for Vista Group Vista Group ( VGL ) reported its interim results for the period ending 30 June 2021 today , with a strong financial performance amidst a wider industry recovery and a free flow of movies into cinemas globally . Kimbal Riley , Vista's Group Chief Executive , commented " we are delighted to present a strong and balanced set of results to the market . The growth in higher quality recurring revenue is pleasing given market conditions and our good collections performance demonstrates the importance of the Vista Group products to our customers . " " To be able to deliver the first iteration of Vista Cloud to market , on schedule and on budget , is an outstanding achievement . Customers on Vista Cloud will be able to access the latest product innovation immediately and benefit from the efficiencies created by a simpler operating environment . With Vista managing the performance and risk of their core transaction technology , cinemas can focus on what they do best - delivering the ultimate moviegoing experience . " Highlights • • • . • Promising box office recovery with an exciting film slate of Hollywood blockbusters out to end 2022 Strong first half result with good underlying recurring revenue growth Vista Cloud launched on time and on budget , expanding the opportunity within cinema Movio core technology transformation delivers improved insights across the industry Establishment of a development hub in Mexico Key Financial Metrics • Total revenue $ 44.9m , in line with the first half of 2020 ( ' 1H20 ' ) , recurring revenue up 13 % Positive operating cashflow of $ 1.0m and reduced cash burn , an average of $ 1.6m per month for the last six months EBITDA ( 1 ) profit of $ 6.4m , an improvement of $ 12.9m compared to 1H20 • Loss before tax of $ 2.1m , an improvement of $ 47.9m compared to 1H20 Key Operational Metrics • Launch of Vista Cloud • • Active moviegoers and connections in Movio Cinema trending up strongly Good uptake of Vista Digital , now 142 sites . Maintained 51 % market share of the 20+ screens segment ( excluding China ) The trading performance for the first half of 2021 was pleasing given wider market conditions , with blockbusters only returning to cinemas in the last months of the financial half . The film slate has been stable since April with blockbuster releases scheduled well into 2022 and beyond .