AEO

Aeorema Communications PLC

Media First-pass screen £5.33m

350/1000 Overall fit

AI beneficiary 35% 25

Operating leverage 25% 40

Valuation 25% 30

Downside protection 15% 60

First-pass take

Traditional events and creative services agency with no AI exposure. Experiencing margin compression (21% to 19%) driven by wage and cost inflation, while managing customer concentration risk (top customer 19% of revenue). Financially sound with £3.1m net cash, but operationally challenged with flat growth and discretionary spending exposure.

Flags

no-valuation-datamargin-compressioncustomer-concentrationevent-dependentcost-restructuring