Marimedia Share Discussion Threads

[johnwise] 03/9/2014 08:40

Those Institutions employ teams of annalists who will have gone through the company's books and its future prospects with a fine toothed comb before committing so much cash


Investec Asset Management Ltd 3,376,619 shares valued at £5,503,889

Schroders plc 3,209,617 shares valued at £5,231,676

Slater Investments Ltd 2,363,633 shares valued at £3,852,722

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[johnwise] 03/9/2014 08:08

opodio,

Poor De-Ramp, remember your school report "You must try harder"

[markie7] 03/9/2014 08:07

Sounds like expectation management to me post ipo. Bet those eps numbers go up either post interims or post year end. You bave to remember that during the ipo procress management have it drummed into them to under promise over deliver. And the only analyst covering this is the house....so join the dots....

[opodio] 03/9/2014 07:59

free cashflow looks poor
expensive for a low growth biz, eps only forecast to see slow growth , dividend also tiny

[johnwise] 03/9/2014 07:45

Now we see why Slater Investments bought into this company with 2,363,633 shares valued at £3,781,813

Excellent results

Marimedia Ltd Interim Results

RNS Number : 6779Q

3 September 2014

Financial Highlights

-- Revenues increased by 59.1% to $30.8 million (H1 2013: $19.4 million)

-- Gross margins of 30.3% (H1 2013: 30.5%). Gross profit increased by 57.7% to $9.3 million (H1 2013: $5.9 million)

-- Profit before tax increased by 41.7% to $5.1 million (H1 2013: $3.6 million)

-- Net cash from operating activities increased by 61.3% to $3.8 million (H1 2013: $2.4 million)

-- Adjusted EBITDA* increased by 54.1% to $5.8 million (H1 2013: $3.8 million)

-- Fully diluted earnings per share of $0.08 (H1 2013: $0.06)

-- Cash and cash equivalents as at 30 June 2014 were $29.5 million (31 December 2013: $3.2 million; 30 June 2013: $3.0 million)



Investing legend, Jim Slater



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[nurdin] 03/9/2014 07:26

Cracking results..hope the market takes notice now !

[shutittrev] 02/9/2014 10:06

I hope so nurdin, it has been as dull as ditch water since I invested some of my hard earned into this.....an 8p swing in around 3 months.......steady as she goes!!
Good luck to all that hold.

[nurdin] 02/9/2014 09:49

Results tomorrow folks,the trading statement already confirms strong trading..could help turn on the engines here.


'The Company's strategy of focusing on the media owner publishers resulted in significant growth in 2013 and this momentum has carried into 2014. In the first half of 2014, the Company continued to extend its coverage: increasing the number of advertisers and signing up an increasing number of publishers. Marimedia's operations extend to over 40 countries and, in the first half of 2014, it delivered average monthly page impressions of approximately 65 billion. As a result, the Company expects to report an increase in first half revenues of at least 45% compared with the equivalent period in 2013.

Looking ahead, the Company expects to continue to grow the business and deliver on its targets. With this and the expected growth of the online media market, the Company is on track to achieve significant revenue growth for 2014 compared with 2013, and as such continues to trade in line with management and market expectations.'

[markie7] 28/8/2014 09:20

see decent interims from Matomy this week. good indicator in
advance of Marimedia interims next week - so have topped up.....

[nurdin] 26/8/2014 14:08

Digital market is key growth factor

As technology and the level of change is constantly evolving and at an ever increasing pace, identifying growth stocks can be something of a tricky affair. On the one hand some arrive too late on the scene, while others, after quickly ramping up revenues, fail to move forward and sustain the momentum.
However, in plumping for this week's subject, Marimedia, there would appear to be a decent story coupled with significant opportunities ahead, but where as yet, the shares appear to have been largely overlooked.
The company is perhaps ideally situated to further make its mark and capitalise within the fast growing digital media market, an area that is experiencing exponential growth.
By offering software products that can both enhance and maximise the online advertising revenue for publishers within the digital marketplace, the company would seem ideally placed to boost both its sales and, importantly, profits, over the coming years.
Internet advertising has certainly been growing apace and is now arguably closing in on the TV segment to become the largest advertising media form.
With total internet ad revenue last year coming in at a massive $117.2bn, it is now forecast to increase to $194bn by 2018, providing those operating in the market with significant growth opportunities.
The advent of and increasing use of tablets and smart phones should also assist in driving growth within the sector; not merely on the back of such a growing market, but by focusing on and fine tuning the most lucrative areas.
Marimedia, although a relatively fledgling business, already claims to be a leader across the advertising monetization space, increasingly taking in the hot spots of mobile, social, visual and tablet. By combining technology and advertiser coverage it aims to maximise a publisher's ability to generate advertising revenue.
The company boasts as part of its products a managed offering, along with a self-serve ad platform titled Qadabra.
This was created specifically for publishers who are looking to generate revenue both quickly and efficiently from website traffic.
The technology should have considerable appeal, apparently enabling such publishers to effectively trade space on their respective sites via electronic means in order to generate the highest returns.
If that all sounds a bit blue sky and speculative, the company's numbers would perhaps suggest otherwise, with revenue for last year coming in at £26m with EBITDA of £5.25m.
That represented a marked jump on the previous year's numbers, which generated £15.5m, suggesting that the company is not only in a growth spot, but is capable of delivering in both the near to medium term.
Having only come to the market in May of this year at a price of £1.55, the shares have as yet failed to hit the limelight, currently trading just a few pence higher at £1.60.
That could soon change though, as the interim results are due out early next month which should, all being well, confirm the company's ongoing growth potential.
Having raised £17.9m from the flotation, Marimedia, which incidentally is debt free, has perhaps stolen a march on competition such as Matomy Media, which pulled its previously planned UK listing earlier this year.
Both companies are headquartered in Israel and part of the listing process requires that at least half of a company's investors are from within the EEC.
Ever mindful that overseas based companies can be inherently more risky, it is also worth recalling that in the wider sector others such as Blinkx have attracted various critics with their model.
While this may suggest that a degree of caution should be applied, Marimedia does appear to be getting it right and already boasts an impressive shareholder list, including names such as Investec, Schroder's, River & Mercantile, along with Legal & General and Slater Investments.
Having early last month updated the market that first half revenues were expected to increase by 45%, it also added that its operations were now focused across more than 40 countries, therefore widening the potential, which in turn can mitigate downside.
And growth clearly appears to be the name of the game here as the strategy has since been boosted by the acquisition of Taptica, also an Israeli based business which specialises across the area of mobile advertising.
That business, which already worked extensively with Marimedia, provides a platform that assists customers who are seeking what could be deemed as more valuable users, in order to maximise monetary gain.
The purchase of Taptica, which is dependent on performance, could top £9.4m and will be paid for out of a mixture of Marimedia's existing cash and shares. That would seem to be the right approach for the company, providing it with degree of control in terms of delivery and expectations.
The most recent broker forecast for Marimedia comes from N+1 Singer where for full year 2014, pre-tax profits of £7.03m are pencilled in, along with EPS of 9.45p. Next year, the same broker is anticipating profits increasing to £10.36m and EPS of 12.89p. Taking the 2015 estimate, if achievable, the shares trade on a forward PER of 12 and where the price/earnings growth ratio (PEG) stands at 0.38.
That looks interesting to me at the current price, and with an already seemingly proven ability to generate earnings and profits in an expanding market, Marimedia may be worth keeping a close eye on.
www.marimedia

[hastings] 24/8/2014 16:38

May be of interest to others taking a look

[tomstone12] 18/8/2014 12:37

I feel results will get this one moving!

[nurdin] 15/8/2014 11:49

Some pretty large trades from yesterday showing up today....

[tomstone12] 14/8/2014 13:32

surprised we did not see a more serious response to the acquisition which was one of the main "use of proceeds"

[nurdin] 31/7/2014 07:56

Yes a good positive move....but I am not happy about the related party transactions involved....will need to go deeper into it..

[johnwise] 31/7/2014 07:29

RNS Number : 8035N
31 July 2014

Marimedia to Acquire Taptica, a Mobile Advertising Technology Company

Taptica currently has a database of 50 million user profiles and is presently receiving 5 billion requests daily.

[nurdin] 28/7/2014 10:45

My sources inform me that Taptica is in the bag. Hope they are dependable..:o)

[nurdin] 22/7/2014 17:36

Lots of chunky trades yesterday and appearing as delayed trades today.Mix of buys and sells I reckon.Has put a lid on the share price but hopefully the trades will have cleared any overhang..

[nurdin] 21/7/2014 20:58

Something about Taptica....co founders include |Marimedia

Engage Valuable Mobile Users

Taptica is a leading mobile user acquisition platform for brands and app developers to engage valuable mobile users. Our proprietary technology is based on artificial intelligence and machine learning at big data scale which enables data driven mobile targeting and user acquisition, resulting in maximum ROI. We work with 150 advertisers and over 1000 supply and publishing partners.

Led by a team of professionals highly experienced in both online and mobile marketing, we identify the best opportunities for advertisers and publishers, allowing app developers to get on with the job they love – creating fantastic mobile apps and services!

Our leading technology utilizes a programmatic media-buying platform and harnesses the power of machine learning in order to find the right users at the right time for the right campaign.

We have achieved results for leading mobile advertisers such as Zynga, EA, Open Table, Expedia, Gree, Glu, Hipmunck and Disney as well as an ever growing monthly list of top tier clients.

Having worked with over 1000 developers, Taptica has a proven global presence in the USA, Europe, Asia Pacific, Latin America & Africa.

[nurdin] 21/7/2014 13:42

Thats my 5k....building my stake gradually

[nurdin] 21/7/2014 11:55

Looks like MMs have some stock to get rid of.....I might oblige :o)

[nurdin] 19/7/2014 20:43

Good advice....I suggest you stay away from it

[trentend boy] 19/7/2014 20:40

very earnings dilutive if the deal doesnt proceed and as its lossmaking HUGELY dilutive. better the deal walks
not good to buy lossmaking pap

[markie7] 19/7/2014 19:59

Exactly, the cash raised is partly for this deal

[nurdin] 19/7/2014 19:29

Hi Penpont..I had no problems getting 10k within the spread..havent tested higher quatities yet.

Rentend Boy...they have already raised £30m at the flotation for the the purpose of growing the business both organically and via acquisition.Why would they come back to the market so soon after flotation to acquire Taptica? Read up will ya