- Posted on 26 April 2016
NetBooster publishes its financial results for 2015
Back on growth track
NetBooster (FR0000079683 – ALNBT –PEA-PME eligible), a leading independent European agency in digital performance marketing, today announces its financial results for the year-ended 2015.
Today NetBooster is pleased to announce record breaking results for 2015, with top line growing by 9% from €34.2m to €37.2mand EBITDA hitting an all-time high of €5.5m up by €1m (+22%) on the prior year. Profitability levels continued to improve, rising to 15% versus 13% in 2014. Moreover the switch to IFRS shows through on a net profit of €2.6m, with goodwill on historic acquisitions being subject to an annual impairment test, rather than being depreciated annually on a straight-line basis.
We note that our results this year is on the basis of IFRS accounting standards, giving investors the ability to compare the financial performance of NetBooster on a like-for-like basis with its international peers and provides more transparency to investors on the Group’s performance.
2015 was the year where growth returned, with the business continuing to refocus on large and profitable accounts and align the Group in terms of strategic objectives, financial goals and product offering.
- New client wins with attractive blue chip, multinational players such as Estee Lauder, Euromaster and Dubai Parks & Resorts, providing a strong platform for future growth. In addition, NetBooster is growing with existing clients such as Deutsche Telekom, by being a full service provider for them.
- By offering all-performance channels on an international level, NetBooster is the ideal partner to help blue-chip and multinational players roll-out their digital strategy. As a result, NetBooster is challenging the big media agencies in this space, as they are just starting to focus on digital performance.
- In February 2016, NetBooster announced a new strategic partnership deal with PM Digital of the U.S., thereby forming one of the biggest independent performance agency networks in the world (25+ offices, 800 employees and managing over $500m media spend). This strategic partnership is enabling the two agencies to work alongside one another; leveraging their powerful international footprint, respective product offerings, employees and technology to the benefit of their clients.
NetBooster’s CEO, Tim Ringel, commented: “I am delighted to announce that 2015 was the best ever year in NetBooster’s history both from a business and financial perspective. NetBooster has posted landmark results in 2015 for the second year in a row, a product of the combined efforts of all our committed, creative and hard-working colleagues. The platform we have built over the last three years has now put us in a position to evolve from being a Europe focused international player into a global digital media performance agency. We see that clients come to us because we’re transparent, efficient and client centric and can deliver the service that they want. I’m proud of what has been achieved, but believe our most exciting years lie ahead of us.”
The consolidated Balance Sheet, Profit & Loss and Cash Flow Statement are available on the Investor Relations section of our website – www.netbooster.com/investor-relations/
CONFERENCE CALL – Year-end 2015 Results
Tim Ringel (CEO) and Tom Armbruster (COO) will hold a conference call for equity analysts and investors at 10am CET / FR on Wednesday, 27th April.
To join the call, please contact Alize RP – 01 44 54 36 62 – email@example.com
About NetBooster Group | www.netbooster.com
NetBooster is a leading independent European agency in digital performance marketing that makes its comprehensive expertise of digital marketing available to its clients to achieve the best possible performance for their investments. The agency invests in technology and covers the entire chain of online marketing through its European network: search engine optimisation and marketing, data and analytics (DnA), GroundControl Technology, display, affiliation, online media, creation, eCRM and social networks, with a recognised expertise in tomorrow’s digital marketing (Social Media, Video, Ad Exchange, etc.). Shares in NetBooster are traded on the NYSE Alternext Paris.
Alexia Cassini (Group Communication Manager)
Tel. 00 33 (0)1 40 40 27 00
Caroline Carmagnol / Wendy Rigal
Tel. 00 33 (0)1 44 54 36 66