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BrsaItaliana
Munich
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acotel group spa (ACO) Details

Acotel Group SpA, together with its subsidiaries, operates in information and communications technologies (ICT) sector. It operates through three segments: Acotel Interactive, Acotel TLC, and Acotel Net. The Acotel Interactive segment offers digital entertainment products and services comprising mobile entertainment, casual gaming, social dating, and games of skill offerings marketed under the consumer brands, such as SkillDerby for smartphone games; SkillSweet for web games; Yabox for casual gaming on PC; Flycell for the download of Content; and SurveyLotto, GiocaNews, and Palpitamos for prize competitions. This segment also offers mobile solutions and products primarily on a white label basis to mobile network operators. The Acotel TLC segment provides mobile telecommunications services for consumers, and SMS information services for corporate customers; and mobile virtual network enabler and mobile virtual network aggregator services to mobile virtual network operators. The Acotel Net segment is involved in the design, production, and maintenance of electronic security systems, including remote surveillance equipment in Italy. This segment also offers energy and health management services. The company operates in Italy, Latin America, North America, the Middle East, Africa, Asia, and other European countries. Acotel Group SpA was incorporated in 2003 and is headquartered in Rome, Italy.

Founded in 2003

acotel group spa (ACO) Top Compensated Officers

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acotel group spa (ACO) Key Developments

Acotel Group SpA Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2014

Acotel Group SpA reported audited consolidated and company earnings results for the year ended December 31, 2014. For the year, on consolidated basis, the company reported revenues of around EUR 69.8 million in 2014, around 33% less than the EUR 103.7 million reported a year earlier. Full year EBITDA came in at a negative EUR 11.4 million compared to a negative EUR 3.9 million a year ago, while the company posted a full year net loss of EUR 19.3 million compared to a net loss of EUR 10.7 million in 2013. The company blamed its disappointing results on reduced turnover at its Acotel Interactive business area, hit by the decision of US mobile operators not to sell value added services created by third parties to their customers, and by a slowdown in Italian, South American and Middle Eastern markets. Operating loss was EUR 14,710,000 against EUR 9,256,000 a year ago. Loss before tax from continuing operations was EUR 14,829,000 against EUR 9,165,000 a year ago. Loss from continuing operations was EUR 15,808,000 against EUR 11,071,000 a year ago. Loss attributable to owners of the parent was EUR 19,347,000 against EUR 10,661,000 a year ago. Diluted loss per share was EUR 4.70 against EUR 2.59 a year ago. Cash flow used in operating activities was EUR 3,767,000 against EUR 7,403,000 a year ago. Purchase of intangible assets was EUR 343,000 against EUR 2,633,000 a year ago. Purchase of property, plant and equipment was EUR 1,787,000 against EUR 1,463,000 a year ago. For the year, on company basis, the company reported revenues of EUR 2,217,429 against EUR 4,528,218 a year ago. Operating loss was EUR 6,642,216 against EUR 6,369,956 a year ago. Loss before tax from continuing operations was EUR 18,538,086 against EUR 6,786,284 a year ago. Loss from continuing operations was EUR 15,794,912 against EUR 7,409,584 a year ago. Loss for the year was EUR 20,728,412 against EUR 7,409,584 a year ago. Cash flow used in operating activities was EUR 5,457,960 against EUR 14,398,933 a year ago. Purchase of intangible assets was EUR 1,968 against EUR 4,080 a year ago. Purchase of property, plant and equipment was EUR 47,403 against EUR 82,009 a year ago.

Acotel Group SpA to Report Fiscal Year 2014 Results on Mar 13, 2015

Acotel Group SpA announced that they will report fiscal year 2014 results on Mar 13, 2015

Acotel Group SpA, Board Meeting, Mar 13, 2015

Acotel Group SpA, Board Meeting, Mar 13, 2015. Agenda: To approve the of Draft 2014 annual report.

 

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