Weborama : forte progression (+37%*) du chiffre d'affaires consolidé au premier trimestre 2012

PRESS RELEASE 25TH SEPTEMBER 2014

FINANCE CONTACT: DANIEL SFEZ TEL.: +33 (0)1 53 19 21 40 - EMAIL: DANIEL@WEBORAMA.COM CORPORATE CONTACT: ALAIN LEVY TEL.: +33 (0)1 53 19 21 40 - EMAIL: ALAIN@WEBORAMA.COM

WEBORAMA: FIRST HALF RESULTS 2014

The consolidated revenue of the Weborama group for the first six months of 2014 stood at €11,516 K, down 10% on €12,813 K recorded for the same period in 2013. In terms of organic growth, that is to say excluding the depreciation of the rouble over the period and on a like-for-like basis, the decrease was 6%. The consolidated operating result stood at €429 K, compared with €823 K for the same

period 2013.
International development continued to grow during the first half of the year with international business accounting for 69% of the group's total revenue, against 55% for the same period in 2013.

An operating margin of 3.7% was recorded, compared with 6.3% for the first half of 2013. With regard to this drop in operating profitability, 36% was due to the rouble's impact on the

accounts of our Russian subsidiary. Indeed, in terms of organic growth, the operating result

was €584 K.

International development also weighed on profitability. The group continued its geographical expansion in areas outside Europe, increasing its staffing levels (sales personnel, project managers). In a context of falling revenue (downturn in the display market, end of the ad-network revenue), the operating margin was affected.

Cash and cash equivalents on 30 June 2014 stood at €5.4 million and medium-/long-term

term debt was €3.8 million.

Investment totalled €1,614 K, equivalent to 14% of group revenue. Weborama stepped up its investment in data technologies (data management platform, data science, big data infrastructure). This investment was self-financed. Operating cash flow was more or less maintained year-on-year, reaching €1,584 K in the first half of 2014 compared to €1,668 K for the same period in 2013.

This year, the group will complete the transformation of its business model. Revenue from the ad- network business is being replaced by data-related (technology, segmentation) and international business revenue.

WEBORAMA: FROM DATA TO VALUE

Weborama has been innovating in the Data field since 1998. Using NLP (Natural Language Processing) and semantic analysis, the company builds taxonomies, profile databases and technological tools that make it possible to better manage digital content and thereby optimize digital marketing campaigns.

With 440 million profiles, and operating in 10 European countries, Weborama is the leading European data company.

Weborama has been listed on Alternext since June 2006 (ALWEB). Its revenues continue to increase, reaching

25.8 million euros in 2013. www.weborama.com

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