9 February 2016
INTERNETQ PLC
('InternetQ' or the 'Group')
Trading update for the year ended 31 December 2015
Solid group performance across B2B and B2C businesses
InternetQ plc (LSE-AIM: INTQ), a leading provider of mobile marketing and
digital entertainment solutions for mobile network operators, app developers
and brands, announces the following trading update for the year ended 31
December 2015.
InternetQ has continued to deliver strong growth during 2015, with revenues
increasing by c.14% to c.€150 million. The B2B (Mobile Marketing) segment
contributed c.72% of these revenues and the B2C (Digital Entertainment) c.28%.
Cash levels as at 31 December 2015 were c.€19 million (31 December 2014: c.€12
million).
In line with its strategy, the Group continues to look at opportunities to
increase its footprint in existing geographies where it has a presence, as well
as increasing its foothold in Europe through its new Berlin office. It will
continue to focus on developing and evolving its minimob mobile app-focused
advertising platform, whilst also looking at international growth opportunities
and product differentiation for its Akazoo service. The Group has a solid
pipeline and is exhibiting positive momentum across both businesses.
As a result of the customarily preliminary nature of this trading update, the
commencement of an Offer period as of 2 February 2016 and requirements under
Rule 28.1 of the Takeover Code in relation to profit forecasts, no EBITDA or
Profit After Tax estimates are provided herein.
ENDS
A copy of this announcement is published on the following website:
www.internetq.com/investors.php
For further details:
InternetQ via FTI Consulting LLP
Tim Weller, Non-Executive Chairman
Panagiotis Dimitropoulos, CEO and Founder
Veronica Nocetti, Chief Financial Officer
FTI Consulting LLP Tel: +44 (0)20 3727 1000
Charles Palmer / Chris Lane / Nicola
Krafft / Karen Tang
RBC Capital Markets Tel: +44 (0)20 7653 4000
Pierre Schreuder / Ema Jakasovic
Canaccord Genuity Tel: +44 (0)20 7523 8000
Simon Bridges / Emma Gabriel
About InternetQ plc:
InternetQ is a leading digital content and mobile marketing services company
with operations spanning Asia, Europe, Africa and the Americas. It offers
proprietary technology platforms to help mobile network operators, brands, and
media companies to conduct targeted, interactive and measurable marketing
initiatives on mobile devices. Its mobile value added services include Akazoo,
which allows consumers to purchase digital music content and Minimob, its smart
mobile marketing and advertising platform to conduct effective and measurable
campaigns on mobile phones and achieve user engagement and app
monetization. All of InternetQ's products are underpinned by the rapid global
growth in smart devices and the thriving app economy.
InternetQ is a publicly traded company listed on the AIM market of the London
Stock Exchange, under the symbol INTQ. For investor related queries, please
email: ir@internetq.com