Paris, Tuesday 26 th April 2016
Back on growth track
Today NetBooster is pleased to announce record breaking results for 2015, with top line growing by 9% from €34.2m to €37.2m and EBITDA hitting an all-time high of €5.5m up by €1m ( +22% ) on the prior year. Profitability levels continued to improve, rising to 15% versus 13% in 2014. Moreover the switch to IFRS shows through on a net profit of €2.6m , with goodwill on historic acquisitions being subject to an annual impairment test, rather than being depreciated annually on a straight-line basis.
We note that our results this year is on the basis of IFRS accounting standards, giving investors the ability to compare the financial performance of NetBooster on a like-for-like basis with its international peers and provides more transparency to investors on the Group's performance.
|Gross Margin||€ 34.2m||€ 37.2m||+9%|
|EBITDA||€ 4.5m||€ 5.5 m||+22%|
2015 was the year when growth returned, with the business continuing to refocus on large and profitable accounts and align the Group in terms of strategic objectives, financial goals and product offering.
NetBooster's CEO, Tim Ringel, commented: " I am delighted to announce that 2015 was the best ever year in NetBooster's history both from a business and financial perspective. NetBooster has posted landmark results in 2015 for the second year in a row, a product of the combined efforts of all our committed, creative and hard-working colleagues. The platform we have built over the last three years has now put us in a position to evolve from being a Europe focused international player into a global digital media performance agency. We see that clients come to us because we're transparent, efficient and client centric and can deliver the service that they want. I'm proud of what has been achieved and believe our most exciting years lie ahead of us. "
The consolidated Balance Sheet, Profit & Loss and Cash Flow Statement are available on the Investor Relations section of our website - www.netbooster.com/investor-relations/
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CONFERENCE CALL - Year-end 2015 Results
Tim Ringel (CEO) and Tom Armbruster (COO) will hold a conference call for equity analysts and investors at 10am CET / FR on Wednesday, 27 th April.
To join the call, please contact Alize RP - 01 44 54 36 62 - email@example.com
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This press release contain forward looking statements including statements regarding NetBooster's management intent, belief or current expectations with respect to NetBooster's businesses and operations, market conditions, results of operation and financial condition, specific provisions and risk management practices. These statements are based on the current expectations and assumptions of NetBooster's management and they are, therefore, subject to risks and uncertainties. Many factors can impact NetBooster's results and performance, thus forecasts and hypothetical examples are subject to uncertainty and contingencies outside NetBooster's control. Results and performance can be materially different from any future results or performance that may be expressed or implied by the forward looking statements contained in this press release. NetBooster does not undertake to implement any of the actions and operations that may be described in the forward looking statements. Moreover, we remind you that past performance is not a reliable indication of future performance.
This press release, including forecast financial information, should not be considered as advice or recommendation to investors or potential investors in relation to acquiring, selling or transfer by any means NetBooster's securities. Before acting on any information included into this presentation, one should consider the appropriateness of the information, any relevant offer document and especially should seek for independent financial advice. It is reminded that all securities involve financial risks.
About NetBooster Group | www.netbooster.com
NetBooster is a leading independent European agency in digital performance marketing that makes its comprehensive expertise of digital marketing available to its clients to achieve the best possible performance for their investments. The agency invests in technology and covers the entire chain of online marketing through its European network: search engine optimisation and marketing, data and analytics (DnA), GroundControl Technology, display, affiliation, online media, creation, eCRM and social networks, with a recognised expertise in tomorrow's digital marketing (Social Media, Video, Ad Exchange, etc.). Shares in NetBooster are traded on the NYSE Alternext Paris.
Alexia Cassini (Group Communication Manager) ALIZE RP
NetBooster S.A. Caroline Carmagnol / Wendy Rigal
Tel. 01 40 40 27 00 Tel. 00 33 (0)1 44 54 36 62