DGAP-News: net mobile AG: publishes half-year report 2013

DGAP-News: net mobile AG:  publishes half-year report 2013

DGAP-News: net mobile AG / Key word(s): Half Year Results
net mobile AG: publishes half-year report 2013

30.08.2013 / 18:30




net mobile AG publishes half-year report 2013

- net mobile AG increases revenue for the first six months of 2013 by 
  3.7% to 58,808 kEUR (previous year: 56,632 kEUR)

- Successful alignment of the company towards smart phone segment

Düsseldorf, 30th of August 2013 - net mobile AG (ISIN: DE0008137852),
Europe's leading provider of mobile value added services and payment
solutions, can look back on a successful first half year in 2013. Sales
increased compared to the equivalent last year's period by 2,176 kEUR to
58,808 kEUR. Significant successes have been achieved in attracting new
partners in the field of payment & banking and in the distribution of
mobile content. The further improvement of the mobile TV solution for
operators has supported the development as well.

Essentially due to the significant expansion of the balance sheet total,
the group's equity ratio reduced from 35.1 % to 23.8%, but is still solid
with more than EUR 48 million. A substantial share has been invested in the
planned business conversion towards smartphone technology, services for
smartphones and payment solutions for m- and e-commerce. The investment
volume remains high and with 5,336 kEUR unchanged, giving net mobile AG the
opportunity to further expand its position as innovation leader.

Operating EBIT (before restructuring costs and extraordinary expenses)
improved by 561 kEUR to -4,651 kEUR. Operating EBITDA (before restructuring
and non-recurring charges) improved by 2,444 kEUR, from -1,224 kEUR to plus
1,220 kEUR.

The total group net income for the first half year of 2013 is -6,875 kEUR
(previous year -3,814 kEUR), the negative deviation has been mainly used by
extraordinary expenses for bad debts and impairment as well as
restructuring charges in height of -4,688 kEUR. Excluding these one-time
charges, earnings would have been increased by approximately 1.5 million

Since the 1st of May 2013, net mobile AG is part of the Global Cash
Management System of NTT DOCOMO, INC. Through that the group receives
additional funding in the amount of up to EUR 40 million. This will also
help to further reduce the interest costs. The financial result, regardless
of the participation in the Cash Management System, improved by 62 kEUR to
-47 kEUR.

The cash flow development in the first half-year was very encouraging. Due
to the banking activities, cash and cash equivalents increased by EUR 20
million to EUR 50 million.

The net mobile AG Group will continue its path in a currently very
difficult market environment. The earnings are affected by the difficult
market environment, so that a positive result cannot be expected for the
fiscal year 2013. In addition, the result will be burdened by extraordinary
expenses for restructuring, so that the company expects a loss in 2013.

We still see the consistent focus on the smartphone and tablet PC
technology as well as the optimization of m- and e-commerce payment methods
on international level as the right decision. In the light of challenges of
each market and the resulting change, a forecast of future earnings is
currently difficult. net mobile AG considers itself to be up to the task,
not least because of the support of the major shareholder NTT DOCOMO, INC.

Follow us on Twitter: www.twitter.com/netmobileag.

About net mobile AG
net mobile AG is a leading full-service provider for mobile value-added
services and payment solutions. Founded in November 2000, the company is
seen as innovation leader. Its customers include national and global mobile
network operators, media companies, portals, branded products and TV
stations, for which it provides complete white label app stores, direct
carrier billing and mobile TV services. Owning a bank and Europe-wide
credit card licenses, net-m issues innovative credit card programs, PSP and
mobile POS solutions. Since December 2009 NTT DOCOMO. INC. is major
shareholder, owning more than 87% of net mobile AG shares. For more
information visit www.net-mobile.com.

Please do not hesitate to contact us in case of any questions. We are also
pleased to provide you direct contact to relevant employees within our

Media contact
Press Officer
net mobile AG 
Bernd Reinartz
Fritz-Vomfelde-Str. 26 - 30 
DE 40547 Dusseldorf  
Fon: +49 (0) 211 970 20 - 380 
Fax: +49 (0) 211 970 20 - 999
E-Mail: bernd.reinartz@net-m.de
Internet: www.net-mobile.com

End of Corporate News


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Language:    English                                              
Company:     net mobile AG                                        
             Zollhof 17                                           
             40221 Düsseldorf                                     
Phone:       +49 (0)211 970 20-0                                  
Fax:         +49 (0)211 970 20-999                                
E-mail:      info@net-m.de                                        
Internet:    www.net-m.de                                         
ISIN:        DE0008137852                                         
WKN:         813785                                               
Listed:      Freiverkehr in Berlin, Hamburg, München (m:access),  
             Stuttgart; Frankfurt in Open Market                  
End of News    DGAP News-Service  
228524 30.08.2013                                                      
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