15 Jul 2014 07:00
Date: | 15 July 2014 |
On behalf of: | NetPlay TV plc ('the Company' or 'NetPlay') |
Embargoed until 0700hrs | |
Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction
NetPlay TV plc
Q2 KPIs and POC Update
NetPlay TV plc (AIM: NPT), the interactive gaming company is pleased to announce its Q2 KPIs and trading update.
§ 38% increase in new depositing players to 20,607 (Q2 2013: 14,906)
§ 33% increase in quarterly active depositing players to 37,691 (Q2 2012: 28,261)
§ 5% increase in total net revenue to £7.4m (Q2 2013: £7.1m)
§ Over 50% of all new customer registrations have come from mobile or tablet
Growth in new depositing players and total depositing players was strong during the quarter at 38% and 33% consecutively with net revenues increasing by 5% against the same quarter of 2013.
Net revenue derived from SuperCasino was slower in the latter part of the quarter as result of the Football World Cup and a moderate softening of the marketing output for SuperCasino on Channel 5. This was mitigated in part by a strong start to the quarter and the Directors expect that with the World Cup having come to an end, revenues will return to similar levels as those seen at the beginning of the quarter. In addition the Directors will be reviewing marketing output to ensure this is fully optimised.
Mobile and tablet have again performed well with Q3 being the first quarter where over 50% of all new customer registrations have come from mobile or tablet. In addition 36% of net revenue was generated through mobile and tablet in the quarter (Q2 2013: 26% of net revenue was generated through mobile and tablet).
As announced at the Group's final results, there are a number of efficiencies that the Group can take advantage of to mitigate against the 'Point of Consumption' (POC) tax proposed to be introduced in December 2014. During the quarter, the Company has begun preparing itself accordingly; this involves consolidation of certain locations and other cost base efficiencies.
The Company expects to issue its interim results on 11 September 2014.
Enquiries:
NetPlayTV plc | www.NetPlayTVplc.com |
Charles Butler, Chief Executive Officer / Akshay Kumar, Group Finance Director | Via Redleaf
|
Redleaf Polhill | |
Rebecca Sanders-Hewett / Jenny Bahr / Rachael Brown | Tel: 020 7382 4730 netplay@redleafpr.com |
N+1 Singer (Nominated Adviser and Broker) |
Tel: 020 7496 3000 |
Jonny Franklin-Adams / Jen Boorer
Notes to Editors:
About NetPlayTV plc
NetPlay TV plc is admitted to trading on the AIM market of the London Stock Exchange (NPT). NetPlay TV operates a number of interactive gaming services under an Alderney gaming license, including SuperCasino.com, Jackpot247.com and Vernons.com. Its TV services can also be viewed 24 hours a day live on Sky Channel 862, six nights a week on ITV1, and every evening on Channel 5.
The Company is focused on the delivery of a converged interactive gaming experience allowing its players to interact with its games on a variety of platforms, TV, internet, mobile and tablet from a common integrated wallet.