DGAP-News: RNTS Media N.V. / Key word(s): 9-month figures/Quarter
Results
RNTS Media N.V. reports further progress in growing Fyber during first
three quarters of 2015
25.11.2015 / 07:57
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25 November 2015
RNTS Media reports further progress in growing Fyber during first three
quarters of 2015
RNTS Media N.V. ("RNTS Media" or the "Company") announces today its
financial results for the nine months ended 30 September 2015.
Highlights
- Continued strong growth of Fyber's Mediation Platform with ad
impressions up 170% in Q1-Q3 period; Fyber now reaching more than 350m
monthly users on its platform
- Decline in gross margin to 32.5%, as anticipated, but revenue increased
17.4% to EUR56.6m in Q1-Q3
- Adjusted EBITDA of -EUR11.4m, reflecting continued investment in
product, technology and build-up of organization at both Group and
Fyber
- Placing of EUR100m convertible bonds and listing on Prime Standard of
the Frankfurt Stock Exchange, providing significant financial
flexibility to pursue growth strategy
Summary of Financial Results
<pre>
Pro-forma
Q1-Q3 2015 Q1-Q3 2014 Change
EURm EURm1 %
Revenue 56.6 48.2 17.4%
Gross margin 32.5% 37.5% -5.0 pp
Adjusted EBITDA2 -11.4 1.2 n/m
Adjusted loss after tax2 -11.5 -1.8 n/m
Adjusted diluted EPS2 -10c -2c n/m
</pre>
1 Pro-forma results show the financials of RNTS Media as if the Fyber
acquisition had happened on 1 January 2014.
2 Results adjusted to exclude separately disclosed items as per
explanations in the Notes.
Andreas Bodczek, CEO of RNTS Media, commented:
"The acquisition of Fyber marked a transformation in the strategy of RNTS
Media, as the company shifted its focus towards building a leading business
to business (B2B) Supply Side Platform (SSP) for mobile in-app advertising.
This strategy is supported by strong industry trends such as the global
proliferation of smartphones, continued rise of digital media consumption,
redistribution of digital ad spend towards mobile, as well as content
monetization challenges that app developers face in today's app ecosystem.
We have used the first 9 months of this year to invest in our business
model, technology and publisher tools to take advantage of these trends,
while at the same time driving adoption of our platform among larger
publisher clients. We have also significantly strengthened our balance
sheet through the issue of EUR100m of convertible bonds and adopted the
highest standards of transparency and trading liquidity for our
shareholders by moving the listing of our shares to the Prime Standard
segment of the Frankfurt Stock Exchange.
Our focus is now on realising the organic growth potential created by our
investments while progressively building our market position and reach
through acquisitions."
Enquiries
<pre>
Analysts & Investors RNTS Media +49 30 609 855 555
ir@rntsmedia.com
Media Alex Simmons, Smithfield +44 207 903 0669
asimmons@smithfieldgroup.com
</pre>
Notes to the Editors
RNTS Media is a holding company focused on mobile advertising and digital
content. Headquartered in Berlin, Germany, it owns Fyber and BIGSTAR
Global. Fyber is a leading mobile advertising technology company
headquartered in Berlin with an office in San Francisco. Its supply-side
platform enables app developers and publishers to generate revenue by
monetising their inventory with a global network of demand partners, in
turn presenting advertising sources with a potential consumer audience of
more than 350 million active monthly users. BIGSTAR Global is a Seoul,
Korea, based developer of digital educational content for children. RNTS
Media is listed on the Prime Standard segment of the Frankfurt Stock
Exchange.
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25.11.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: RNTS Media N.V.
Johannisstr. 20
10117 Berlin
Germany
Phone: +49 (0)30 60 98 555 - 28
E-mail: governance@rntsmedia.com
Internet: www.rntsmedia.com
ISIN: NL0010315453
WKN: A1J87D
Listed: Regulated Market in Frankfurt (Prime Standard)
End of News DGAP News Service
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415945 25.11.2015
DGAP-News: RNTS Media N.V. reports further progress in growing Fyber during first three quarters of 2015
| Source: EQS Group AG