I-D Media AG / Final Results 02.04.2008 Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- I-D Media AG (ISIN: DE0006228604), listed on the General Standard, generated sales of 12.57 million euros (previous year: approximately 20.74 million euros). After adjusting for exceptional items, earnings before interest, taxes, goodwill amortisation as well as provisions for severance pay amounted to minus 5.19 million euros (previous year: 3.17 million euros). The negative sales and earnings performance is primarily due to the discontinuation of two large advertising budgets from the telecommunications sector and the tobacco industry. The capacities and associated costs could only be adjusted to the reduced contract volume in the course of the year. Earnings were also affected by investments in new platforms and Web 2.0 applications as well as by new client acquisition costs. The consolidated companies had to take one-time special depreciation allowances totalling 1.65 million euros in 2007. This resulted in EBITDA of minus 7.29 million euros (previous year: 3.17 million euros) and EBIT of minus 8.51 million euros (previous year: 2,77 million euros). Net income totalled minus 10.40 million euros (previous year: 2.73 million euros) at the 31.12.2007 balance sheet date. The negative result produced a shareholders equity ratio of 65 per cent (previous year: 85 per cent). At balance sheet date, liquid assets and long- and short-term securities totalled (previous year: 11.6 million euros). Despite the negative result in 2007, I-D Media is very optimistic about 2008. Already in the second half-year of 2007 the consolidated companies adjusted to the new market situation, implemented restructuring measures and made strategic decisions. In 2007, I-D Media focussed on new client acquisition, on the one hand, and investment in forward-looking technologies such as IPTV, on the other. In addition, I-D Media increasingly invested in platform activities. All business activities were aimed at establishing an overall more solid and broader foundation for the company. The strategic decision to refocus on the core business is currently bringing I-D Media a wealth of new clients. I-D Media is thus succeeding in moving from a monolithic culture with only two large clients, which dominated I-D Media for years, to a more diversified client portfolio. For the 2008 financial year I-D Media forecasts a significant rebound in business development, with sales of 13 million euros and a positive result. The Annual Report 2007 will be available in mid-April at www.idmedia.com. I-D Media AG Franz Klose CFO Ohlauer Straße 43 10999 Berlin Germany +49 30 25 947 129 franz.klose@idmedia.com www.idmedia.com DGAP 02.04.2008 --------------------------------------------------------------------------- Language: English Issuer: I-D Media AG Ohlauer Strasse 43 10999 Berlin Deutschland Phone: +49 (0)30 25 947-0 Fax: +49 (0)30 25 947-111 E-mail: ir@idmedia.com Internet: www.idmedia.com ISIN: DE0006228604 WKN: 622860 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: I-D Media AG: After a difficult 2007 I-D Media is optimistic about the 2008 financial year
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