Rhythmone Share Discussion Threads

[jonc] 30/10/2018 09:23

I wouldn't know footers.

But if you want one I am sure that berkpoo or digi will oblige.

They are £24 suckers.

[jonc] 30/10/2018 09:20

Down she goes.

£24 anyone?

[barkboo] 30/10/2018 08:47

Gowlane - you must be very pleased with sikhthetech? lol

[jonc] 30/10/2018 08:40

Sad little man.

[barkboo] 30/10/2018 08:38

Scaffolders told me that TLY would be a total wipeout (their guess)when the company were trading at over 60p - they, like myself..do not short sell - but that was a nice call!

I have large folders of all the rags on here, you need it to get an edge on ADVFN - five minutes of research shows a lot of their money swirling down the toilet.

They can call the family all the names they want - we live a privileged and happy life..they need a new carpet and brown make-up! lol

[jotoha2] 30/10/2018 08:30

Wow £24 , where did you hear that , lots of stock around , so still in the ice box.

[jonc] 30/10/2018 08:24

You are peeping berkypoo.

[football] 29/10/2018 23:24

STT are you running a gang of posters here?

[digitalis] 29/10/2018 20:04

My take on the market inactivity in R1 indicates a management/hedge fund stuffing of some sort....but that said there is always the chance of a stick in the spokes to something deceptive in the form of a third party stepping in.....we are well and truly off the radar....mmm who’s gonna benefit!

[digitalis] 29/10/2018 19:56

Interesting dags but theres no secrets in the city particularly aim and particularly the riffraff that have been parasitic to everything positive blnx/R1 since it’s inception......I would expect £4+ for there to be any sniff of a slide rule on R1 books......

[sikhthetech] 29/10/2018 19:23

ff,

Why don't you include an update from Numis, HOUSE BROKER?

After all they've updated after previous TUs...

Oh, I see, Numis, the HOUSE BROKER didn't comment after the latest TU... whereas they did after previous TU/results...

why do you think that was???




Plus, in the TU:

NO mention of CASH -
CFO left
Changed expectations from Market to Management...

They also changed from MARKET TO MANAGEMENT forecasts...




fy TU:

"We believe we are well-positioned to deliver a further strong performance in FY2019 – fully in line with current consensus estimates in MARKET"




Q1 TU:

Outlook

"We are pleased to provide this update on our first quarter trading in FY2019, with revenue and adjusted EBITDA1 performance in line with current MARKET expectations," said Mark Bonney, CEO of RhythmOne."




H1 TU..Sept..

" Performance for H1 2019 is expected to be in line with MANAGEMENT expectations




Don't forget the significant costs they are also warning about...


These and other risk factors are discussed in "Risk Factors" of RhythmOne's Annual Report on Form 20-F filed with the United States Securities and Exchange Commission on July 31, 2018, a copy of which can be found at www.sec.gov."




These risks include those the company has already warned about...

The company has warned:
"MATERIAL WEAKNESSES", "SIGNIFICANT" costs, "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE.""

"D. Changes in Internal Control Over Financial Reporting

As a result of material weaknesses related to the ......."




Page 43..

"SIGNIFICANT costs", SUBSTANTIAL MANAGEMENT TIME", "ADVERSELY AFFECT...OPERATING results..IN THE FUTURE."

"The combined company will incur significant costs and devote substantial management time as a result of becoming subject to reporting requirements in the United States, which may adversely affect the operating results of RhythmOne in the future. "

[kendonagasaki] 29/10/2018 18:57

Sounds good!Can't wait.

[dagsteeth] 29/10/2018 18:22

Out of interest, I was doing some digging into Tosca. The funds including Tosca Opportunity and Tosca Pegasus which are invested in Rthm were also the same funds invested in Sinclair, which recently sold. Those funds I believe are due to be redeemed and paid back to investors in the not too distant future. Tosca is therefore in exit mode across its entire portfolio and will be working hard behind the scenes to put Rthm in takeover play. It really does help explain the silence of the Board, temporary nature of exec appointments and the paucity of forecasts and trading data...not to mention any trading volume. Watch this space..........

[freddie ferret] 29/10/2018 17:39

RhythmOne PLC

25 September 2018

RHYTHMONE PLC

DIRECTORATE AND MANAGEMENT CHANGES

Management reaffirms its outlook for H1 FY2019 and sees a strong EBITDA performance of $19-21 million up from $3.1 million for H1 FY2018

Management continues to focus on accelerating value creation and strengthening the executive team

London, England and San Francisco, CA - 25 September 2018 - RhythmOne plc (LSE AIM: RTHM, "RhythmOne "or the "Company"), today announces that Ed Reginelli, Chief Financial Officer and executive Director, has resigned with immediate effect. The Board of the Company (the "Board") is pleased to announce that it has appointed Mark Zorko as its Chief Financial Officer effective as of 25 September 2018 and intends to appoint Mr. Zorko as an executive Director of the Board effective as soon as practicable and subject to customary approvals.

This transition supports RhythmOne's continued execution of its financial plan focused on accelerating growth and profitability.

Mr. Zorko, age 66, has extensive experience as an international public company CFO and CIO in a variety of industries including technology. Mr. Zorko's CFO experience is primarily with growth-oriented businesses but also includes turnaround positions with $550 million and $180 million businesses as well as serving as the interim Chief Accounting Officer for a $2.5 billion electronics firm. In addition to his impressive operational experience, Mr. Zorko also brings over 20 years of Board-level experience and has chaired audit, compensation and nomination committees. From 2013 to present, Mr. Zorko served as founder and principal with Brentwood Advisory Group which provides board and executive advisory services to businesses. From 2006 to 2012, Mr. Zorko served as CFO of DGT Holding Corp (DGTC). He became the CFO for Steel Excel, Inc. (SXCL) in 2011, a company related to DGTC through 2013. Prior to that Mr. Zorko worked with Tatum LLC where he served as the CFO for an energy firm, private equity firm and several Fortune 500 companies. Mr. Zorko began his extensive career as a CPA at Arthur Andersen. Mr. Zorko received his MBA in IT from the University of Minnesota and his BS in Accounting from The Ohio State University.

In the five years preceding his appointment at the Company, Mr. Zorko holds or has held the following directorships:

Current:

-- Perma Pipe Int'l Holdings, Inc. (NASDAQ: PPIH).
-- Westell Technologies, Inc. (NASDAQ: WSTL).

Prior:

-- ECO Building Products, Inc.
-- Interups, Inc.

H1 2019 Update

The Company is finishing the first half of the year strong with year-over-year growth in both revenue and EBITDA(1) . This upward trajectory was fueled by continued growth in programmatic platform revenues. The Company is tracking against its key objectives for the year:

-- Enhancing its unified programmatic advertising platform;
-- Growing its base of data-driven engaged audience segments; and
-- Innovating around video and connected TV (CTV) advertising.

Performance for H1 2019 is expected to be in line with management expectations across key metrics, as follows:

-- Revenue increasing by approximately 50% from H1 2018 to $170 - $180 million (H1 2018: $114.5 million);

-- Adjusted(1) EBITDA increased by approximately 600% from H1 2018 to $19 million - $21 million (H1 2018: $3.1 million).

Mark Bonney, President and Chief Executive Officer said:

"We are excited to have Mark join the team and believe this addition brings a level of experience and sophistication to our finance team that will greatly contribute to the future success of the Company and our continued execution against our financial plan. Together with the addition of Mark and our strong H1 2019 performance, we believe we are well positioned to deliver further strong performance in FY2019."

Eric Singer, Chairman of the Board said:

"This transition is consistent with our goals of bringing in talent with the highest level of work ethic that is aligned to driving growth and maximizing shareholder value, which we believe is necessary to drive the continued success of the Company."

With the addition of Mr. Zorko and its strong H1 2019 performance, RhythmOne believes it is well-positioned to continue to seize on the consolidation opportunities that exist in its industry. The Company continues to evaluate various strategic opportunities with a focus of maximizing shareholder value.



sikhthetech
29 Oct '18 - 16:38 - 9470 of 9471
0 0 0
Chancellor to introduce new digital tax... fortunately 1R are not a Tech giant nor profitable with revenues over £500m...
;-)


Business and digital
- New digital services tax on UK revenues of big technology companies, from April 2020
- Profitable companies with sales of more than £500m will be eligible

[freddie ferret] 29/10/2018 17:18

RhythmOne PLC

25 September 2018

RHYTHMONE PLC

DIRECTORATE AND MANAGEMENT CHANGES

Management reaffirms its outlook for H1 FY2019 and sees a strong EBITDA performance of $19-21 million up from $3.1 million for H1 FY2018

Management continues to focus on accelerating value creation and strengthening the executive team

London, England and San Francisco, CA - 25 September 2018 - RhythmOne plc (LSE AIM: RTHM, "RhythmOne "or the "Company"), today announces that Ed Reginelli, Chief Financial Officer and executive Director, has resigned with immediate effect. The Board of the Company (the "Board") is pleased to announce that it has appointed Mark Zorko as its Chief Financial Officer effective as of 25 September 2018 and intends to appoint Mr. Zorko as an executive Director of the Board effective as soon as practicable and subject to customary approvals.

This transition supports RhythmOne's continued execution of its financial plan focused on accelerating growth and profitability.

Mr. Zorko, age 66, has extensive experience as an international public company CFO and CIO in a variety of industries including technology. Mr. Zorko's CFO experience is primarily with growth-oriented businesses but also includes turnaround positions with $550 million and $180 million businesses as well as serving as the interim Chief Accounting Officer for a $2.5 billion electronics firm. In addition to his impressive operational experience, Mr. Zorko also brings over 20 years of Board-level experience and has chaired audit, compensation and nomination committees. From 2013 to present, Mr. Zorko served as founder and principal with Brentwood Advisory Group which provides board and executive advisory services to businesses. From 2006 to 2012, Mr. Zorko served as CFO of DGT Holding Corp (DGTC). He became the CFO for Steel Excel, Inc. (SXCL) in 2011, a company related to DGTC through 2013. Prior to that Mr. Zorko worked with Tatum LLC where he served as the CFO for an energy firm, private equity firm and several Fortune 500 companies. Mr. Zorko began his extensive career as a CPA at Arthur Andersen. Mr. Zorko received his MBA in IT from the University of Minnesota and his BS in Accounting from The Ohio State University.

In the five years preceding his appointment at the Company, Mr. Zorko holds or has held the following directorships:

Current:

-- Perma Pipe Int'l Holdings, Inc. (NASDAQ: PPIH).
-- Westell Technologies, Inc. (NASDAQ: WSTL).

Prior:

-- ECO Building Products, Inc.
-- Interups, Inc.

H1 2019 Update

The Company is finishing the first half of the year strong with year-over-year growth in both revenue and EBITDA(1) . This upward trajectory was fueled by continued growth in programmatic platform revenues. The Company is tracking against its key objectives for the year:

-- Enhancing its unified programmatic advertising platform;
-- Growing its base of data-driven engaged audience segments; and
-- Innovating around video and connected TV (CTV) advertising.

Performance for H1 2019 is expected to be in line with management expectations across key metrics, as follows:

-- Revenue increasing by approximately 50% from H1 2018 to $170 - $180 million (H1 2018: $114.5 million);

-- Adjusted(1) EBITDA increased by approximately 600% from H1 2018 to $19 million - $21 million (H1 2018: $3.1 million).

Mark Bonney, President and Chief Executive Officer said:

"We are excited to have Mark join the team and believe this addition brings a level of experience and sophistication to our finance team that will greatly contribute to the future success of the Company and our continued execution against our financial plan. Together with the addition of Mark and our strong H1 2019 performance, we believe we are well positioned to deliver further strong performance in FY2019."

Eric Singer, Chairman of the Board said:

"This transition is consistent with our goals of bringing in talent with the highest level of work ethic that is aligned to driving growth and maximizing shareholder value, which we believe is necessary to drive the continued success of the Company."

With the addition of Mr. Zorko and its strong H1 2019 performance, RhythmOne believes it is well-positioned to continue to seize on the consolidation opportunities that exist in its industry. The Company continues to evaluate various strategic opportunities with a focus of maximizing shareholder value.



sikhthetech
29 Oct '18 - 16:38 - 9470 of 9471
0 0 0
Chancellor to introduce new digital tax... fortunately 1R are not a Tech giant nor profitable with revenues over £500m...
;-)


Business and digital
- New digital services tax on UK revenues of big technology companies, from April 2020
- Profitable companies with sales of more than £500m will be eligible

[sikhthetech] 29/10/2018 16:38

Chancellor to introduce new digital tax... fortunately 1R are not a Tech giant nor profitable with revenues over £500m...
;-)


Business and digital
- New digital services tax on UK revenues of big technology companies, from April 2020
- Profitable companies with sales of more than £500m will be eligible