net mobile AG
net mobile AG: starts successfully in the new business year
net mobile AG / Key word(s): Interim Report net mobile AG starts successfully in the new business year * net mobile AG increases its year-on-year revenue in first quarter of 2013 by 5,2% to 29,422 kEUR * Successful alignment of the Company towards smart phone segment Dusseldorf, 20th of June 2013 – net mobile AG (ISIN: DE0008137852), Europe’s leading provider of mobile value added services and payment solutions, can look back on a successful start into the new business year. The sales increased compared to the equivalent last year’s period by 1,477 kEUR to 29,422 kEUR. The year-on-year EBITDA also improved by 190 kEUR. net mobile AG achieved significant successes in attracting new partners for the payment & banking products as well as in the field of content sales. Essentially due to the significant expansion of the balance sheet total, the equity ratio of the Group was reduced from 35.1 to 28.2%. The investment volume kept unchanged with 2,468 kEUR. That allows net mobile AG to further expand its position as innovation leader. In the first quarter, major investments were done in the further development of the content and payment product portfolio. Thereby, the depreciation amount rised by 955 kEUR to 2,973 kEUR. As of 1st of May 2013, net mobile AG is part of the Global Cash Management System of NTT DOCOMO. Through that it receives additional funding in the amount of up to EUR 40 million. This will also help to further reduce the interest costs. The financial result regardless of the participation in the Cash Management System improved by 62 kEUR to -47 kEUR. The cash flow development was very encouraging. Due to the banking activities, cash and cash equivalents increased by EUR 20 million to EUR 50 million. Outlook About net mobile AG If you have any further questions do not hesitate in contacting us. We are also happy to make a direct contact with our company directors for you. Media contact End of Corporate News 20.06.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group 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; Frankfurt in Open Market | |
End of News | DGAP News-Service |
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