12th Jan 2015 07:00
FOR IMMEDIATE RELEASE12 January 2015
Matomy Media Group Ltd.
January 2015 Trading Update
Matomy Media Group Ltd. (LSE:MTMY) is pleased to confirm that since its last trading update published on 26 November 2014, Matomy continues to perform strongly, with record results recorded in December 2014, both in terms of EBITDA and Group revenue.
As such, Matomy is providing the following interim updates regarding key progress across the Group since its last trading update:
Strengthening of Strategic Growth ActivitiesIn line with its stated strategy, Matomy continues to strengthen its identified strategic activities of mobile, video and social media advertising, which remain its main growth engines, with all showing particularly good progress, along with the addition of new mobile video advertising capabilities.
Successful Integration of Mobile Ad Platform MobFoxMatomy is also pleased to confirm that it has successfully completed the initial integration of mobile ad platform MobFox following its acquisition announced on 28 October 2014.
Board's Expectations for FY2014 ResultsThe Matomy Board's full expectation is that revenue and EBIDTA for the full year 2014 will be in line with market expectations, with revenues expected to be in the range of $253 million - $255 million on a pro-forma* basis, and EBITDA expected in the range of $23.7 million - $24.0 million, also on a pro-forma* basis.
Proposed Appointment of New Board Member Matomy is also delighted to announce the proposed appointment of Rishad Tobaccowala, Publicis Groupe Chief Strategy Officer, to Matomy's Board, following Publicis Groupe's recent strategic investment in Matomy. The appointment is expected to take place by the end of January.
Enquiries:
Matomy Media Group: +1 417 299 5996Keith Trivitt, Vice President, Global Marketing[email protected]
Tulchan Communications: +44 (0) 207 353 4200Stephen MalthouseGiles Kernick[email protected]
A copy of this announcement will be available on the Matomy website, www.matomy.com, today from 07:00am GMT.
About Matomy Media Group
Matomy Media Group Ltd. (LSE:MTMY) is one of the world's leading digital performance-based advertising companies. Working across Web, social media and mobile platforms, Matomy offers advertisers, media partners and publishers a range of opportunities to generate risk-free performance-based results, delivering quality, scale and speed by providing a single gateway to all digital media channels. Matomy's marketing solutions include: a display ad network; mobile, social and video advertising; email marketing; search marketing and search engine optimization; a virtual currency platform; and domain monetisation.
For more information:
www.Matomy.com
Facebook: www.facebook.com/MatomyMediaGroup
Follow us on Twitter: @MatomyGroup
LinkedIn: www.linkedin.com/company/matomy-media-group
Notes to Editors
· *Pro-forma numbers are consolidated full Group numbers, including Team Internet but excluding the activity of MobFox.
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