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Trading Update

20 Jan 2014 07:00

InternetQ plc - Trading Update

InternetQ plc - Trading Update

PR Newswire

London, January 17

For immediate release 20 January 2014 INTERNETQ plc ("InternetQ" or "the Group") Trading Update InternetQ PLC, a leading provider of mobile marketing and digital entertainmentsolutions today issues the following trading update for the 12 months ended 31December 2013. InternetQ has continued to deliver strong growth during 2013, with revenuesincreasing by nearly 40% to over €100 million. Margins improved in the secondhalf of the year, driving annual adjusted EBITDA over €16.1 million andafter-tax adjusted profitability to the order of €10 million. These figures arein line with market expectations. The Group's strong performance continues to be driven by its core MobileMarketing and Mobile Entertainment activities, including InternetQ's socialmedia and entertainment platform Akazoo. The key regions of growth are Asia,Africa and increasingly, Latin America - where mobile marketing and mobileentertainment services are firmly established as a powerful customeracquisition tool. Akazoo continues to attract significant demand from globalmedia and mobile telecoms providers looking to offer high-quality musicstreaming services. Minimob is also gathering momentum and has found widespreaddistribution and profile in the booming App economy. InternetQ maintains a strong balance sheet with cash at year-end in excess of €12.5 million, as at 31 December 2013. Trade receivables were lower than theprior year and cash generated from operations was close to €12 million(compared to €1.5 million for 2012). This solid financial position providessufficient capacity to support future growth, especially as smartphone adoptionand usage becomes commonplace across multiple emerging and developed markets. InternetQ GmbH (formerly Atlas Interactive, which was acquired in July 2013)continues to trade well following its successful integration. Executivemanagement remains confident that the combination of its expansive Europeanfootprint and connectivity agreements with Mobile Network Operators worldwidewill create significant cross selling opportunities. Active discussions with anumber of new and existing customers are progressing as a result of theacquisition. InternetQ will announce its full year results for the 12 months ended 31December 2013 on 8 April 2014. For further details: InternetQ Tel: +44 (0) 20 3519 5250 / +30 (211) 101 1101 Panagiotis Dimitropoulos, Founder and CEO Tel: +30 (697) 811 7520 Veronica Nocetti, Chief Financial Officer Tel: +30 (694) 420 5275 Buchanan Jeremy Garcia / Gabriella Clinkard Tel: +44 (0)20 7466 5000 RBC Capital Markets Stephen Foss / Pierre Schreuder Tel: +44 (0)20 7653 4000 Canaccord Genuity Simon Bridges / Cameron Duncan Tel: +44 (0)20 7523 8000 About InternetQ plc: InternetQ is a leading digital content and mobile marketing services companywith operations spanning Asia, Europe, Africa and the Americas. It offersproprietary technology platforms to help mobile network operators, brands, andmedia companies to conduct targeted, interactive and measurable marketinginitiatives on mobile devices. Its mobile value added services include Akazoo,which allows consumers to purchase digital music content, MobiDialog, itsplatform for mobile operators to manage marketing campaigns with predictiveanalytics, and Minimob, a platform providing developers with the most advancedtools to cross-promote and monetize their apps. All underpinning the rapidglobal growth in smart devices and the thriving app economy. InternetQ is a publicly traded company listed on the AIM market of the LondonStock Exchange, under the symbol INTQ.

For investor related queries, please email: ir@internetq.com

Date   Source Headline
28th Apr 20167:00 amRNSNotice of Closure of the Offer
11th Apr 20165:24 pmPRNHolding(s) in Company
11th Apr 20164:07 pmPRNHolding(s) in Company
5th Apr 20169:20 amPRNConclusion of services of joint broker
1st Apr 201610:04 amRNSCompulsory acquisition of InternetQ shares
1st Apr 20169:57 amRNSForm 8.3 - InternetQ PLC
31st Mar 20167:00 amPRNNotice of cancellation of listing
30th Mar 20169:50 amRNSForm 8.3 - INTERNETQ PLC
29th Mar 201610:01 amRNSForm 8.3 - InternetQ plc
24th Mar 20165:42 pmPRNIssue of equity and transfer of treasury shares
24th Mar 20167:00 amPRNHolding(s) in Company
23rd Mar 20166:32 pmRNSClarification Announcement
23rd Mar 20165:21 pmRNSForm 8 (DD)
23rd Mar 20164:10 pmRNSConsortium Offer Unconditional in all Respects
23rd Mar 20169:42 amRNSForm 8.3 - INTERNETQ PLC
22nd Mar 20168:07 amRNSForm 8.3 - INTERNETQ PLC
21st Mar 201611:29 amRNSForm 8.3 - INTERNETQ PLC
18th Mar 20168:19 amRNSForm 8.3 - INTERNETQ PLC
17th Mar 201610:32 amRNSForm 8.3 - INTERNETQ PLC
16th Mar 201610:31 amRNSForm 8.3 - INTERNETQ PLC
15th Mar 20169:47 amRNSForm 8.3 -INTERNETQ PLC
14th Mar 201611:30 amRNSForm 8.3 - INTERNETQ
11th Mar 201610:14 amRNSForm 8.3 - INTERNETQ PLC
10th Mar 20162:25 pmRNSForm 8.3 - InternetQ Plc
10th Mar 201610:32 amRNSForm 8.3 - INTERNETQ PLC
9th Mar 20163:23 pmRNSForm 8.3 - InternetQ Plc
9th Mar 20169:45 amRNSForm 8.3 - InternetQ plc
8th Mar 20162:39 pmRNSForm 8.3 - InternetQ Plc
8th Mar 20162:19 pmRNSForm 8.3 - INTERNETQ PLC
8th Mar 201611:27 amRNSForm 8.5 (EPT/RI)
7th Mar 201610:05 amRNSForm 8.3 - InternetQ plc
4th Mar 20162:53 pmRNSForm 8.3 - INTERNETQ - Amendment/Replace on Sect 3
4th Mar 201610:44 amRNSForm 8.3 - INTERNETQ PLC
4th Mar 201610:38 amRNSForm 8.3 - INTERNETQ PLC
4th Mar 20167:00 amRNSPosting of Offer Document
3rd Mar 201610:29 amRNSForm 8.3 - INTERNETQ PLC
2nd Mar 20169:49 amRNSForm 8.5 (EPT/RI)
1st Mar 20163:31 pmRNSRule 2.7 Announcement
22nd Feb 201610:56 amRNSForm 8.5 (EPT/RI)
19th Feb 201610:27 amRNSForm 8.5 (EPT/RI)
19th Feb 201610:22 amRNSForm 8.5 (EPT/RI) - Amendment 03/02/2016
19th Feb 201610:21 amRNSForm 8.5 (EPT/RI) - Amendment 02/02/2016
18th Feb 201610:12 amRNSForm 8.5 (EPT/RI)
17th Feb 201610:22 amRNSForm 8.5 (EPT/RI)
16th Feb 201611:33 amPRNCorrection : Public Opening Position Disclosure
16th Feb 201611:16 amPRNPublic Opening Position Disclosure
12th Feb 20167:39 amRNSForm 8.5 (EPT/RI)
9th Feb 20167:00 amPRNTrading Update
8th Feb 201610:22 amRNSForm 8.5 (EPT/RI)
5th Feb 20169:31 amRNSForm 8.5 (EPT/RI)

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