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
Tim Weller, Non-Executive Chairman
Panagiotis Dimitropoulos, CEO and Founder
Veronica Nocetti, Chief Financial Officer |
via FTI Consulting LLP |
FTI Consulting
LLP
Charles Palmer / Chris Lane / Nicola Krafft / Karen Tang |
Tel: +44 (0)20 3727 1000 |
RBC Capital
Markets
Pierre Schreuder / Ema Jakasovic |
Tel: +44 (0)20 7653 4000 |
Canaccord
Genuity
Simon Bridges / Emma Gabriel |
Tel: +44 (0)20 7523 8000 |
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