conVISUAL increased its turnover by 21 % to EUR 11.6 million in 2006
31 May 2007 – Oberhausen, Germany
conVISUAL (ISIN: 0006204589), Full Service Provider for mobile and voice based value added services, based in Oberhausen, clearly extended its business in 2006, with an increase in turnover by 21 % to EUR 11.6 million (previous year: EUR 9.6 million). The annual deficit 2006 of EUR 3.7 million (previous year: EUR 0.2 million) is mainly affected by extraordinary and special one-time costs. The company’s IPO in January 2006, the creation of a security prospectus in the second half of the year and other special items, such as shareholder loans granted within the scope of account reactivation and investments for the development of the US business, had an impact on the result. The annual deficit 2006, reassessed after deduction of these special items, is EUR 1.27 million.
With EUR 5.7 million, the business field Enabling Services, encompassing the product groups SMS Gateway, MMS Gateway, Payment Gateway and also the area of service phone numbers, accounts for 49% of the turnover generated in 2006. With EUR 5.3 million (46%) generated through Interactive Mobile & Voice Applications, this business field constitutes the second pillar of the company, including votings, reverse auctions, downloads, subscription and messaging services as well as the strategic product area Mobile TV Services and On Screen Services. The extension of the sales team had a positive effect on the turnover development in both business fields.
The third business field, Content Licensing, the field with the highest profit margin, also showed a positive development, making a contribution of EUR 0.6 million to the overall turnover. In the middle of the business year 2006, the staff was extended also in this field, which immediately resulted in better market development and an increase in new acquisitions.
In 2007, conVISUAL is definitely continuing its strategy of concentrating on media and mobile industries as well as on the development of its US business. With regard to the business fields, the managing board mainly expects an increase in turnover in the area Interactive Mobile & Voice Applications with new acquired renowned customers, such as ESPN International, Endemol Deutschland, Santander Consumer Bank and the mail order company Quelle. The company continues its persistent development work for the US business, with the objective of generating the first revenues in this year.
The managing board expects an increase in turnover and a significantly improved result from the multifaceted activities planned for 2007.
About conVISUAL
conVISUAL is an international leading Full Service Provider for interactive value added services. conVISUAL opens the market of innovative and high-volume messaging services for network operators, TV stations, media companies, portals and brands. Founded in October 2000 conVISUAL offers SMS, MMS, Voice and Video Services as well as Mobile Content and Gateway Services. Therefore conVISUAL provides both, the technical realisation and the content issue. With offices in the U.S., Europe, and Asia, conVISUAL has established customer contacts reaching more than 300 million end users. conVISUAL provides interactive TV services for many TV stations, TV networks, and media companies throughout the world including ESPN International, NBC/Universal and MTV as well as several local U.S. TV stations.
conVISUAL
Essener Strasse 99
46047 Oberhausen,
Germany
E-mail: info@convisual.com
www.convisual.com
Media Contact
Sandra Wiewiorra
Public Relations Manager
E-mail: sandra.wiewiorra@convisual.com
Phone: +49 (208) 97 69 5 - 807
- Files:
- PI_GB06_070531_e_01.pdf

