18 Sep 2015 10:46
18 September 2015
CDialogues plc
("CDialogues" or the "Company")
Trading Update
CDialogues plc (AIM: CDOG), the provider of mobile marketing solutions to Mobile Network Operators (MNOs), provides a trading update for the year ending 31 December 2015.
The Company will announce its interim results for the six months ended 30 June 2015 on Monday 21st September in which it expects to report that revenues of €5.3M and EBITDA of €1.6M will have been achieved.
The Company has continued to develop its operations during the final third of the year, focusing on extending its customer network and accelerating subscriber growth.
However, whilst the momentum achieved to date has been pleasing, some projects which were due to commence in the final quarter of the current financial year have been delayed, due to decisions taken by the MNOs regarding the potential start date. As a result, the Board now anticipates that the Company will generate revenue and EBITDA in the second half of the current financial year similar to that achieved in the first half, as outlined above.
Notwithstanding, the Board remains confident that the Company will continue to expand its client base, subscriber numbers and geographical footprint. CDialogues remains well placed to capitalise on the long-term growth opportunities across its addressable markets. Given the strong existing pipeline of new projects and indicative launch dates, the Company expects to announce a number of new launches over the coming quarters.
Enquiries:
CDialogues Plc | Tel: +30 2106 300 930 |
George Karakovounis |
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Pale Spanos |
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Allenby Capital Limited | Tel: 0203 328 5656 |
David Hart |
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Alex Brearley |
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Walbrook PR Ltd | Tel: 020 7933 8780 |
Paul Cornelius | cdialogues@walbrookpr.com |
Nick Rome |
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About CDialogues
CDialogues provides mobile marketing solutions enabling Mobile Netwrok Operators (MNOs) to retain and acquire market share, increase average revenue per user (ARPU) and reducing subscriber churn.
The Company's products and services deliver fully managed solutions, utilizing advanced Data analytics techniques combined with Linguistic engineering marketing, to build awareness and multiply sales and opt-ins of promotional offerings and other mobile content being offered by the MNOs.
The solutions designed by the Company, are tailored and served with the appropriate Linguistic format, to each individual mobile network subscriber typology and geography it operates in, using its proprietary software and scalable infrastructure.
The majority of CDialogues' revenues are derived from a recurring subscription-based revenue model, which has been pioneered by the Company. As a result, the Company benefits from incremental cash flow growth from each new campaign customer and mobile network subscriber.
The Company's near-term focus is on growing both its customer base and expanding its geographic footprint in selected markets in the Middle East, East Africa, Eastern Europe and Latin America, where mobile device penetration and mobile network usage is growing rapidly.
CDialogues has been profitable and cash flow positive since commercial operations began in early 2012.