Matomy Media Share Discussion Threads

[protean] 27/8/2014 11:16

Slater Investments have MTMY as their featured stock in the latest
fact sheet for the growth fund.

hTTp://www.slaterinvestments.com/private-investors/funds/mfm-slater-growth

[ramridge] 27/8/2014 10:53

Hi nw99 - forward PE on today's results is less than 10! I have
filled my boots.

[nw99] 27/8/2014 10:18

Yes justifying it's lofty PE

[montynj] 27/8/2014 09:14

Amazing results

[nw99] 27/8/2014 08:29

Good set of results

[nw99] 24/8/2014 00:10

Buyers pushing it forward

[montynj] 23/8/2014 22:45

Nice to trades picking up

[nw99] 22/8/2014 08:05

Long term looks a winner

[montynj] 21/8/2014 18:50

Tell him to go away

[nw99] 21/8/2014 17:47

Seller below the mid price

[montynj] 21/8/2014 17:38

but if they can make acquisitions, which is their intention, then that would clearly change things

[nw99] 21/8/2014 14:44

I also have XLM for that reason

[nw99] 21/8/2014 14:43

Cannot get excited here no volume

[opodio] 21/8/2014 13:10

MTMY has £8m profit and £200m cap.


XLM $18m forecast and £100m cap.


same rating for XLM would put XLM £2 or so

why i have xlm!!

[montynj] 21/8/2014 07:41

I like the CAGR 43% growth in ebitda for 1st quarter 2014

[nw99] 21/8/2014 07:26

Will ask a friend in the media advertising space about it to see if the company is any good .

[arlington chetwynd talbot] 21/8/2014 00:26

£8m EBITDA 2013 for nearly £200m MV? Crikey this doesn't half have some 'great early growth' already baked in! gl mate! Maybe a few charts and fundi's in the header bud?


Israeli digital advertising group Matomy Media has raised £41m in an initial public offering in London, three months after it was forced to abandon an attempt to float due to insufficient investor demand.

Matomy floated on the High Growth Segment of the London Stock Exchange – a special section with lower free-float requirements than the main market, designed to entice high-growth companies to list.

It is the only company now listed on the High Growth Segment – Just Eat was the first to list on the platform but moved out of it a week after its listing.
Matomy's £41m raising, based on the sale of 18m ordinary shares at 227p each, is less than the £60m that it had aimed to raise in its first London flotation attempt in March.

The company has also substantially scaled back its target valuation. At the offer price, Matomy is valued at £203m, compared to a target of about £300m at the start of the year.

"We were disappointed to have postponed our offer earlier in the year, but we are delighted to be announcing our offer price today with such strong investor support," said Ofer Druker, chief executive.

Investors have adopted a more cautious attitude towards IPOs in recent months, forcing companies to sell shares towards the bottom end of their price ranges, and causing some to postpone their flotations – such as Liberty Living, a student accommodation fund, and Wizz Air, a Hungarian budget airline.
Bankers said institutional investors had become more selective after a wave of disappointing public listings, including Saga, Card Factory, Just Eat and AO World, all of which fell below their debut prices.

The shift in sentiment follows a similar turning point in the US, where investors are more discerning about companies planning to go public after a rout in share prices for biotechnology, social media and cloud computing companies.
When Matomy pulled its IPO in April, it said it had not managed to attract enough investors from within the European Economic Area to comply with UK rules for a premium listing.

Founded in 2007 and based in Tel Aviv, Matomy has grown rapidly in recent years and boasts more than 1,500 customers including American Express, Experian and Zynga.

Matomy specialises in "performance-based advertising", meaning that the company charges a customer only if its marketing campaign achieves specific, measurable results, such as generating sales, business leads or page views.

Matomy generated revenues of $194m in 2013, up from $120m in 2012 and $107m in 2011. It said adjusted earnings before interest, tax, depreciation and amortisation increased to $13.1m in 2013, from $9.1m in 2012. (FT)

[montynj] 20/8/2014 21:46

I thus bought some stock today..I was the only volume

[montynj] 20/8/2014 21:45

I spotted that Mark Slater bought this stock in the company's July IPO for his growth fund. Below is an extract from prospectus I believe


Matomy operates in a fast-growing market

-- The global digital advertising market was $88.8 billion in 2012, and will grow to $156.2 billion by 2016, according to ZenithOptimedia.

-- ZenithOptimedia also estimates that mobile, social media and video are among the fastest growing media channels, with expected annual growth rates of 54%, 30% and 23%, respectively, from 2012 to 2016.

-- Matomy operates in the fastest-growing segment of digital advertising, performance-based advertising, which comprises 65% of total US online advertising spend as of 2013, according to the Interactive Advertising Bureau.

Matomy provides its customers with the ability to generate risk-free performance-based results

-- Matomy believes that its performance-based pricing model closely aligns its interests with those of its customers, who are increasingly looking for measurable returns on their marketing expenditure.

-- Matomy believes its customers perceive its performance-based business model as attractive since they are only charged if their digital marketing campaigns achieve certain pre-defined, measurable and validated results, such as CPA, CPD, CPI, CPL, CPS, CPV and PPC.

Matomy operates a centralised and integrated multi-channel digital media approach that enables it to reach a broader range of consumers over more of the day on a wide variety of digital devices

-- Matomy is one of the few digital performance-based marketing companies that are able to deliver digital marketing campaigns across eight media channels on a wide variety of digital devices.

-- By offering its customers access to these eight media channels, Matomy reduces the need for them to retain multiple digital performance-based marketing companies.

-- Matomy's customer relations team serves as a single point of contact for its customers and enables them to expand the size and scope of their digital marketing activities to additional media channels.

Matomy has a diverse, profitable and loyal customer base

-- For the three months ended 31 March 2014, Matomy's customer base included 1,676 active customers spanning more than eight industry verticals, and included leading global brands such as American Express, Experian and Bwin. For the three months ended 31 March 2014 and the year ended 31 December 2013, no single customer represented more than 7% or 6%, respectively, of Matomy's total revenues.

-- In line with its "win-win" partnership approach, Matomy only engages customers that it expects will generate sufficient profitability for it from the outset, and only retains them if Matomy is able to maintain that level of profitability or, in limited cases, if Matomy believes they have significant potential to increase their profitability with Matomy.

-- For the year ended 31 December 2013, 68% of Matomy's revenues were attributable to customers with whom it had been working with for more than two years.

-- For the three-year and three month period ended 31 March 2014, Matomy's average revenue retention rate (total revenues generated during each year, less revenues generated from customers with whom Matomy had less than a 12-month relationship, divided by total revenues generated during the previous year, excluding revenues contributed by businesses acquired in 2013) was 112%.

Matomy maintains strong relationships with a large and diversified network of digital media sources

-- Matomy's network of more than 16,000 registered digital media sources enables it to generate more than 60 billion unique impressions per month to reach audiences in over 100 countries.

-- Matomy is not dependent on any one digital media source, and can thereby give its customers broad reach, liquidity and choice of multiple digital media channels through which they can engage, acquire new and retain existing customers.

-- No single digital media source accounted for more than 6% and 4%, respectively, of Matomy's total media costs for the three months ended 31 March 2014 and the year ended 31 December 2013.

Matomy operates a scalable and adaptable technology platform

-- Matomy has built the Matomy Performance Platform into a scalable, adaptable, robust and automated proprietary technology that records and analyses its customers' digital marketing campaigns in real time.

-- The Matomy Performance Platform allows Matomy to support new media channels and industry verticals at relatively low marginal cost, enabling it to adapt rapidly to the constantly evolving digital advertising market.

-- The Matomy Performance Platform records and aggregates hundreds of millions of user events every day. Matomy uses such data, along with its extensive industry and operational expertise, to perform advanced targeting, predictive analysis and campaign retargeting to maximise performance for Matomy's customers' digital marketing campaigns.

-- Matomy believes its data analysis capabilities help it generate higher returns for its customers on their marketing expenditure.

Matomy has a profitable and cash-generative financial model

-- Matomy's strong historical financial performance is the result of its strategy to expand its business whilst maintaining a sustainable and profitable financial model.

-- For the years ended 31 December 2013, 2012 and 2011, Matomy generated revenues of $193.5 million, $120.1 million and $106.7 million, respectively, representing a CAGR of 34.7% for the period. For the three months ended 31 March 2014 and 2013, Matomy generated revenues of $57.6 million and $49.6 million respectively, representing a CAGR of 16.1%.

-- Matomy believes that one of its key differentiating factors is its ability to manage its growth through its rigorous customer acquisition and campaign management processes, controlling business risk and yielding growing profits.

-- Matomy has generated positive and growing adjusted EBITDA since 2008. For the years ended 31 December 2013, 2012 and 2011, Matomy generated adjusted EBITDA of $13.1 million, $9.1 million and $9.3 million, respectively, representing a CAGR of 18.8%. For the three months ended 31 March 2014 and 2013, Matomy generated adjusted EBITDA of $4.6 million and $3.2 million respectively, representing a CAGR of 43.8%.

Matomy has a highly experienced and cohesive management team

-- The majority of Matomy's current senior management team has worked together since 2008. Matomy's senior management team draws upon its significant experience and expertise in the digital advertising market, including at companies such as McCann-Erickson, MSN, Groupon Israel and Oridian (now Ybrant Digital).

-- Matomy's senior management team has a track record of successfully identifying, acquiring and integrating complementary businesses into Matomy. Matomy believes the team's skills and knowledge will contribute to Matomy's inorganic growth as and when new strategic opportunities arise.