Since its last trading update Matomy continues to perform strongly, with record results recorded in December 2014, both in terms of EBITDA and Group revenue.
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 Activities
In 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 MobFox
Matomy 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 Results
The 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. 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
Contact(s):
Keith Trivitt
Director, Corporate Communications
Email: ktrivitt@matomy.com
Phone: +1 646.264.0144
Cell Phone: +1 417.299.5996