July 27, 2016 12:53 PM ET

Internet Software and Services

Company Overview of Myriad International Holdings B.V.

Company Overview

Myriad International Holdings B.V. is a holding company which through its subsidiaries, operates in the online classifieds, pay television, and technology operation segments. The company is based in Hoofddorp, the Netherlands. Myriad International Holdings B.V. operates as a subsidiary of Naspers Ltd.

Taurusavenue 105-15

Hoofddorp,  2132 LS

Netherlands

Phone:

31 23 556 2636

Fax:

31 23 556 2880

Key Executives for Myriad International Holdings B.V.

Chief Executive Officer and Director
Age: 65
Compensation as of Fiscal Year 2016.

Myriad International Holdings B.V. Key Developments

Myriad International Holdings B.V. Announces Consolidated Earnings Results for the Year Ended March 31, 2016

Myriad International Holdings B.V. announced consolidated earnings results for the year ended March 31, 2016. For the year, the company reported revenue of USD 930 million against USD 569 million a year ago. Operating loss was USD 177 million against profit of USD 161 million a year ago. Profit before taxation was USD 261 million against USD 598 million a year ago. Profit Attributable to Equity holders of the group was USD 994 million against USD 1,257 million a year ago. Core headline earnings for the year was USD 246 million against USD 1,030 million a year ago. Headline earnings for the year was USD 701 million against USD 674 million a year ago. Cash generated from operating activities was USD 454 million against USD 574 million a year ago. Net cash generated from operating activities was USD 78 million against USD 159 million a year ago. Acquisitions and disposals of tangible and intangible assets was USD 228 million against USD 292 million a year ago.

Myriad International Holdings Mulls Acquisitions

Myriad International Holdings B.V. is seeking acquisition. Myriad International Holdings B.V. has completed a fixed-income offering in the amount of $1.1 billion. Myriad International Holding said, “The net proceeds will be used for general corporate purposes, including future acquisitions and the repayment of certain amounts outstanding under the Naspers group's revolving credit facility.”

Myriad International Holdings B.V. Reports Consolidated Earnings Results for the Six Months Ended September 30, 2014

Myriad International Holdings B.V. reported consolidated earnings results for the six months ended September 30, 2014. For the period, revenue was EUR 34,363 million against EUR 28,755 million a year ago. Operating profit was EUR 2,253 million against EUR 1,621 million a year ago. Profit before taxation was EUR 11,024 million against EUR 4,870 million a year ago. Profit for the period attributable to equity holders of the group was EUR 8,937 million against EUR 3,112 million a year ago. Core headline earnings for the period were EUR 6,077 million against EUR 4,920 million a year ago. Fully diluted core headline earnings per N ordinary share were 1,486 cents against 1,215 cents a year ago. Headline earnings for the period were EUR 4,484 million against EUR 3,641 million a year ago. Fully diluted headline earnings per N ordinary share were 1,096 cents against 899 cents a year ago. Fully diluted earnings per N ordinary share were 2,248 cents against 789 cents a year ago. Cash flow generated from operating activities was EUR 521 million against EUR 2,598 million a year ago. Capital expenditure was EUR 425 million against EUR 837 million a year ago.

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Recent Private Companies Transactions

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