net mobile AG
net mobile AG keeps growing
net mobile AG / Key word(s): Quarter Results
PRESSEMITTEILUNG – PRESS RELEASE net mobile AG keeps growing – net mobile AG increases revenue in third quarter of 2012 by 24.4 % year-on-year to EUR 28,686 k (previous year: EUR 23,060 k) üsseldorf, 3th of Dezember 2012 – net mobile AG (ISIN: DE0008137852), Europe’s leading full-service provider for mobile and interactive value-added services and payment solutions, has again reported a significant increase in revenue in the third quarter of 2012. Overall, the revenue was raised in the third quarter compared to the second quarter of 2012 by EUR 3,719 k or 12.97 % to EUR 32,406 k (previous quarter EUR 28,687 k). Compared to the previous year the revenue increased by 18.6 % or EUR 5,079 k. All business divisions contributed to the company’s continued positive business development. The development of earnings compared to the previous quarter (1st of April 2012 – 30th of June 2012) is here provided. Earnings before interest and taxes (EBIT) in the third quarter of the current financial year are with EUR -1,055 k by EUR 1,591 k better than the previous quarter’s level (previous quarter: EUR -2,646 k). Due to the slightly decreased financial result of EUR -160 k (previous quarter: EUR -97 k) as well as income taxes of EUR 430 k (previous quarter: EUR 811 k) the current reporting period shows a consolidated result of EUR -786 k which is a significant improved result of EUR 1,099 k compared to the previous quarter. The turnaround in revenue and result is pleasing, although the company is still lagging behind their plans. However, the company will continue to invest in the key growth areas of the future. The key areas of growth identified by the company are seen in applications for smartphones. Furthermore, a large growth in the field of payment functions is expected. In particular, according to net mobile AG, applications for payments in large electronic marketplaces via mobile phone bill represent an area for growth. The company’s equity decreased compared to the 31st of December 2011 by EUR 4.631 k and amounts to EUR 51.667 k at the balance sheet date. The equity ratio mainly fell from 42.9 % to 36.0 % mainly because of the growth in balance sheet sun by EUR 12,176 k to EUR 143,367 k. Against the background of consolidation and the balance sheet sun significantly grown the equity ratio is still very strong. The cash and cash equivalents (liquid funds) of the company result at the current reporting date total to EUR 30,354 k. The short-term liabilities to financial institutions come to a total of EUR 30,453 k. Outlook Within difficult market conditions net mobile AG group intends to continue on its way. The initial success are evident by the significant improvement of the results in the third quarter. net mobile AG anticipates that this trend will continue. net mobile AG considers the systematic alignment towards smartphone- and tablet-PC-technology as well as the optimisation of m- and e-commerce payment methods on an international level as the right decision. Due to the dramatic changes in the market conditions, evaluating the upcoming results is currently difficult. net mobile AG considers itself in a very good position to fulfil the upcoming tasks with full support of its major shareholder NTT DOCOMO, INC. About net mobile AG If you have any further questions don’t hesitate to contact us. We are also happy to make a direct contact with our leading figures for you. Media contact End of Corporate News 03.12.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
Language: | English | |
Company: | net mobile AG | |
Zollhof 17 | ||
40221 Düsseldorf | ||
Germany | ||
Phone: | +49 (0)211 970 20-0 | |
Fax: | +49 (0)211 970 20-999 | |
E-mail: | info@net-m.de | |
Internet: | www.net-m.de | |
ISIN: | DE0008137852 | |
WKN: | 813785 | |
Listed: | Freiverkehr in Berlin, Hamburg, München (m:access), Stuttgart; Open Market in Frankfurt | |
End of News | DGAP News-Service |
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