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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
5th Jun 20141:55 pmPRNResult of AGM
16th May 20142:01 pmPRNHolding(s) in Company
12th May 20147:00 amPRNQ1 2014 Trading Update
9th May 20147:00 amPRNResignation of Non-Executive Director
9th May 20147:00 amPRNNotice of AGM
15th Apr 201412:42 pmPRNIssue of Equity
10th Apr 20141:03 pmPRNIssue of Equity
9th Apr 20141:59 pmPRNIssue of Equity and Director Dealing
8th Apr 20147:00 amPRN2013 Audited Results
20th Jan 20147:00 amPRNTrading Update
13th Jan 20147:00 amPRNAcquisition
12th Nov 20137:00 amPRNBusiness Update
23rd Oct 20132:52 pmPRNOne2One Investor Forum In London
22nd Oct 20138:30 amRNSIssue of equity
8th Oct 20137:02 amRNSDirector's Dealings
30th Sep 20137:00 amRNSRESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2013
26th Sep 20137:00 amRNSAppointment of Joint Financial Adviser & Broker
17th Sep 20137:00 amRNSSony Mobile Agreement
17th Jul 20137:00 amRNSCompletion of Acquisition
11th Jul 20137:00 amRNSTrading Update
9th Jul 20133:52 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
9th Jul 201311:45 amRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
2nd Jul 20133:16 pmRNSDirector Dealing and Award of Shares
2nd Jul 20137:00 amRNS£10 million placing and conditional acquisition
20th Jun 20133:46 pmRNSTR-1:NOTIFICATIONS OF MAJOR INTERESTS IN SHARES
19th Jun 20137:00 amRNSKey strategic partner agreement signed in SE Asia
10th Jun 20137:00 amRNSCapital Markets Day
3rd Jun 201310:55 amRNSIssue of equity
31st May 201311:21 amRNSResult of AGM
13th May 20137:00 amRNSAppointment of Non-executive Director
9th May 20137:00 amRNSTR-1: Notifications of major interests in shares
18th Apr 20134:21 pmRNSReplacement - Issue of Equity and Director Dealing
17th Apr 201310:33 amRNSTR-1: Notification of major interest in shares
15th Apr 20137:00 amRNSTR-1: Notifications of major interests in shares
12th Apr 20133:06 pmRNSIssue of Equity and Director Dealing
10th Apr 20136:21 pmRNSDirector's Dealings
10th Apr 20137:00 amRNS2012 Audited Results
10th Apr 20137:00 amRNSDirectorate Change
28th Mar 20132:03 pmRNSIssue of equity
19th Mar 20133:24 pmRNSTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
19th Mar 20138:38 amRNSNOTIFICATIONS OF MAJOR INTERESTS IN SHARES
13th Mar 20137:00 amRNSNotification of Preliminary Results
11th Mar 20137:00 amRNSIssue of equity
20th Feb 201312:51 pmRNSNOTIFICATIONS OF MAJOR INTERESTS IN SHARES
19th Feb 20137:00 amRNSStrategic partnerships for Akazoo
6th Feb 20137:00 amRNSNew Product Launch
16th Jan 20137:00 amRNSTrading Update
19th Dec 20129:46 amRNSReplacement: Issue of equity
10th Dec 20127:00 amRNSChange of Nominated Adviser
3rd Dec 201212:26 pmRNSIssue of Equity

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