9 Jan 2014 07:00
Date: | 9 January 2014 |
On behalf of: | NetPlayTV 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
NetPlayTV plc
Trading update
NetPlayTV plc (AIM:NPT), the interactive gaming company, is pleased to announce its Q4 KPIs:
· Strong Q4 Performance
· 33% increase in total net revenue to £7.9m (Q4 2012: £5.9m) and 22% increase on Q3 2013
· 12% increase in new depositing players to 15,648 (Q4 2012: 13,974) and 1% increase on Q3 2013.
· 27% increase in active depositing players to 32,163 (Q4 2012: 25,376) and 11% increase on Q3 2013
· Mobile and tablet net revenue increased 121% on prior year now accounting for 30% of total net revenue (Q4 2012: 18%)
· Full year EBITDA expected to be at top-end of market expectations
NetPlayTV plc is pleased to announce a strong end to 2013. During the period the Company acquired the Vernons brand from Sportech plc for total cash consideration of £3m. The integration of this brand into the existing NetPlay infrastructure is almost complete and brings with it additional products in sportsbook and bingo which will be marketed through established channels from the start of 2014.
Mobile and tablet performed very well in the quarter with net revenue increasing by 121% year on year and accounting for 30% of total net revenue.
As part of the stated strategy, marketing continues to be a key driver for growth in the business. The Company is pleased to announce that following the prior season's success, its brand SuperCasino is once again the headline sponsor for Celebrity Big Brother currently being aired on Channel 5, and in addition Vernons Bingo is the headline sponsor for Loose Women on STV throughout the whole of 2014.
The Directors are pleased with this continued strong performance and are confident that the Company will meet full year market expectations with full year EBITDA at the top end of expectations.
The Company plans to issue its full year preliminary results on Tuesday 8 April 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
Notes to Editors:
About NetPlayTV plc
NetPlayTV plc is admitted to trading on the AIM market of the London Stock Exchange (NPT). NetPlayTV 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.