CDIALOGUES PLC 25 January 2016
CDialogues plc (AIM: CDOG), the provider of mobile marketing solutions to Mobile Network Operators (MNOs), provides a trading update for the 12 months ended 31 December 2015.
Further to the announcements made on 17 November 2015 and 18 September 2015, CDialogues reports that revenues for the full year are expected to be approximately €8.8 million (2014: €9.9 million). During 2015, CDialogues operated mobile marketing projects in six countries across the Middle East and Southeast Asia.
EBITDA for the period is expected to be approximately €2.0 million (2014: €2.9 million). The EBITDA margin decreased due to lower revenue during the second half of 2015 and the continued investment in business and product development.
Free Cash Flow for the year exceeded €1.4 million (2014: €1.2 million) further enhancing the Company's cash position to €3.6 million as of 31 December 2015 (31.12.2014: €2.4 million). The Group therefore maintains a strong balance sheet to fund future growth.
Subscription-based recurring revenues, which provide greater scalability and visibility for the business, accounted for more than 75% of the total revenues during 2015 as a whole and therefore provide the Company with a strong basis for the current year.
Furthermore, the Company has identified a pipeline of potential new projects, a number of which are currently undergoing preparations for launch in the coming months. The Board therefore believes that Cdialogues should benefit from these during 2016, as the Company adds new capabilities to its product suite and widens its customer footprint.
CDialogues will announce its full year results for the 12 months ended 31 December 2015 on Monday 11 April 2016.
CDialogues Plc | Tel: +30 2106 300 930 |
George Karakovounis | |
Pale Spanos | |
Allenby Capital Limited | Tel: 0203 328 5656 |
David Hart | |
Alex Brearley | |
Walbrook PR Ltd | Tel: 020 7933 8780/ cdialogues@walbrookpr.com |
Paul Cornelius | Mob: 07866 384 707 |
Nick Rome | Mob: 07748 325 236 |
CDialogues provides mobile marketing solutions enabling MNOs to retain and acquire market share, increase average revenue per user (ARPU) and reducing subscriber churn.
The Company's products and services deliver fully managed solutions, utilizing advanced Data analytics techniques combined with Linguistic engineering marketing, to build awareness and multiply sales and opt-ins of promotional offerings and other mobile content being offered by the MNOs.
The solutions designed by the Company, are tailored and served with the appropriate Linguistic format, to each individual mobile network subscriber typology and geography it operates in, using its proprietary software and scalable infrastructure.
The majority of CDialogues' revenues are derived from a recurring subscription-based revenue model, which has been pioneered by the Company. As a result, the Company benefits from incremental cash flow growth from each new campaign customer and mobile network subscriber.
The Company's near-term focus is on growing both its customer base and expanding its geographic footprint in selected markets in the Middle East, Africa and Southeast Asia, where mobile device penetration and mobile network usage is growing rapidly.
CDialogues has been profitable and cash flow positive since commercial operations began in early 2012.
CDialogues plc issued this content on 2016-01-26 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-25 08:33:02 UTC
Original Document: http://www.cdialogues.com/files/CDialogues _RNS_Pre_close_trading_update_25.01.2016_final.pdf?r=56a5dcae1e7b0
