Member Info for rustybucket

o Ofer Druker, currently Executive Chairman of Tremor Video DSP, proposed to become CEO of the enlarged Group

· Taptica remains highly cash generative and the board is CONFIDENT in the overall outlook for the Group
Tim Weller, Non-executive Chairman of Taptica, commented:
"2018 was another year of continued progress for Taptica, during which we successfully executed on our strategy to deliver higher-margin revenues and broaden our blue-chip client base internationally.

"What is particularly pleasing is the performance of the Company's brand advertising platform, Tremor Video DSP, which has reported a significant improvement in earnings for the year. Tremor is an excellent example of the Company's ability to acquire and integrate businesses and therefore realising significant operating efficiencies in order to improve performance.
"Having delivered three consecutive years of outperformance, the board has been disappointed with the recent share price weakness, which has been largely driven by a series of events outside of the Company's control. This, coupled with the board having to pause the November share buy-back, has generated further downward pressure on the share price, and we appreciate it will take time to rebuild that trust with investors. We are however confident that the Company will strive to deliver further outperformance, continue the agility that we have shown in adapting to the shifts in market dynamics and gain more confidence with investors as we improve our financial performance.

"The outlook for the Company remains positive with Taptica continuing to benefit from the global shift in advertising spend away from traditional advertising methods and towards specialist data-driven technology providers and digital video. Taptica expects the growth of subscription-based video and over-the-top media services ("OTT") to continue. Connected TV ("CTV") is becoming one of the main delivery points for OTT content and is expected to grow as audiences continue to embrace digital streaming over multiple devices. The proposed merger with RhythmOne has the potential to open up the required quality of advertising supply to the Taptica performance-based division, as well as to create one of the foremost video advertising companies in the US, with the scale to take advantage of the global trend towards CTV and OTT. The proposed transaction is due to be completed in April, and we look forward to providing an update in due course."

Full Year Audited 2018 Results Tue, 19th Mar 2019 07:00 RNS Number : 2276T Taptica International Ltd 19 March 2019 The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014. 19 March 2019 Taptica International Ltd ("Taptica," the "Company" or the "Group") Full Year Audited 2018 Results
Taptica International Ltd (AIM: TAP), a global leader in advertising technologies for performance-based mobile marketing and brand advertising, announces its full year results for the year ended 31 December 2018.

Financial Highlights
· Earnings in line with management expectations and significantly ahead of guidance at the start of 2018
· Revenues up 31% to $276.9 million (2017: $210.9 million)
o Business remains highly cash generative with a strong balance sheet
o Sustained diversification of revenue streams with a focus on margin improvement

· Gross profit increased 38% to $111.4 million (2017: $80.6 million)
o Increase in gross margin to 40.25% (2017: 38.2%) resulting from increased efficiencies enabling campaign optimisation
· Adjusted EBITDA* increased 29% to $44.1 million (2017: $34.2 million)
· Reported EPS of 32.81 cents (2017: 22.49 cents) and Adjusted DPS of 52.36 cents (2017: 40.44 cents)

· Net cash inflow from operating activities of $37.5 million (2017: $30.8 million)

· Net Cash as at 31 December 2018 of $54.4 million** (31 December 2017: net debt of $4.0 million)

*Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortisation, non-recurring income/expenses and share-based payment expenses.

** Net cash is defined as cash and cash equivalents less short and long-term interest-bearing debt including capital and finance leases
Operational Highlights
· Expanded global presence with extension of customer base
· Operating efficiencies achieved, in particular within Tremor Video DSP, resulting in improved margins and overall profitability
· Performance-based marketing (47% of total revenue): o Increased traction with existing household-name clients
o Added blue-chip customers including Bytedance, Yandex and Shein o China, India and UK territories performed particularly well
· Brand advertising (53% of total revenue): o Significant improvements in Tremor Video DSP operating and media buying efficiencies post-acquisition o Added new data partnerships and optimized existing ones
o Client wins include TJMaxx, Hertz and Chobani

Post-period End

· In February 2019, Taptica announced a recommended all-share merger with RhythmOne plc
o Combination of the two businesses expected to create one of the leading digital advertising companies in the US
o $15 million discretionary share buyback to commence immediately post-completion of the merger
o Ofer Druker, currently Executive Chairman of Tremor Video DSP, proposed to become CEO of the enlarged Group
· Taptica remains highly cash

when you post something positive, mr low life I may debate with you,

Until then, as others have alluded to there is a big rock waiting, go crawl under it.

You are having a laugh !!!!!

Discussion. There is NO DISCUSSION,

Just perpetual negatives to suit " YOUR AGENDA " !!!!!

You never properly debate ANYTHING.

You spend your whole life looking for snippets to DISCREDIT RTHM1. No matter how small or irrelevent they are.

No better than "Gutter press" or low life scum.

In fact I wold say they probably havent got such a sour attitude as you.

I hope you get, "What you deserve in Life" whatever that may be.

That is correct. Personally I think there is more too this than that as it would not be aesy to et that amount of shares in such a small time.

I would also expect a RNS from the seller and new purchaser. Frankly I don't believe it and think its more to do with the transfers that were done previously. Of course that is my opinion only.

So Deutche bank supposedly above 7.75% and now below notifiable amount.

I remember asking about another RNS from Deutsch previously. So who do these shares " really belong to ". ???

Still making, those same records, put a new one on .Boring repetitive and tedious.

max19, I dont disagree, I only mentioned the fact that it has been put on numerous boards years ago and there were many mnay signatures, I would suggest a lot more than 10000 and nothing happened, but, agree that if you dont try, nothing will ever happen, so good luck with it.

I dont know how spread betting would affect it, even if it was to be succesful. Have to say, I have been in the investment world for over 25 years now, but have never experienced anything like AIM.

Sorry to say, but this same petition was put on multiple boards years ago. And nothing happened, so cant see anything happening this time either.

You are having a laugh Retired Banker. No wonder you want to encourage people to invest in that, Very little liquidity in shares and a market cap of 52m. You even post there is a chance it might have problems.

In my opinion not for widows and orphans. You might be able to get in, BUT, can you get out with your profit ??? I will stick with POG thank you very much.

If it went the other way it would mean Gazrombank would be secured creditor, and I believe, we need, and want, to protect ourselves.

Again. !!!

It is just an option, that in the event of non payment, POG can make the payments so that stops them being in breach of the agreement. Also places POG as secured creditor in event of default, so at the front of the cue. I believe its positive, but hopefully not needed.

As set out in the Announcement, the New Recourse Agreement is being entered into in connection with the Guarantee Agreements being provided by Petropavlovsk for the Gazprombank Facilities. The sole purpose of the New Recourse Agreement is to enable Petropavlovsk, if there is a credit default under the Gazprombank Facilities, to advance funds to IRC to cure the default and therefore become a creditor of IRC, and avoid Gazprombank claiming directly from Petropavlovsk under the Guarantee Agreements.

The terms of any such loan will be decided when such loan is made, based on the arrangements agreed between the parties in the New Recourse Agreement. The terms, including the interest rate for any such loan, would be on normal commercial terms. If any such loan is not on normal commercial terms, it would need to be approved by IRC's independent shareholders for the purposes of Chapter 14A of the Listing Rules. As at the date of this announcement, no loan has been drawn down under the New Recourse Agreement.

By that time, it will be too late.

The RNS quite clearly states the " need" for rthm1, The questions I would ask is " Do we need them as much as they are stating these need us. "

I do not know the answer, just as normal, very very suspicious of this as I was with the YUME purchase, after reading the transcrips of the conversations with Singer and Brian.

A short while ago posters coming on and saying that 2 the market" liked the news.

Not liking it so much now.

Whilst not disagreeing with that assumption, it does suggest to me that they need us, more than we need them.

So on that basis, especially as they have now issued virtually a "profit warning" we should either walk away, or renegotiate the deal at better terms for RTHM1.

What he neglects to point out is that it has already been announced, that if the new larger company is born, they are doing a buyback programme on the larger company.

I agree with all your post except, costs for POG POX HUB. I don't know exact figures, but think it cost more than $300 million.

As always quite happy for someone to correct me, if I am wrong.

Again !!!!!!!

RNS, Nothing major, nothing unexpected