Rhythmone Share Discussion Threads

[sikhthetech] 02/2/2018 08:55

Does anyone remember any mention in F4 document of Andy Cunningham or SC resigning as Non-Execs... The Doc did mention Raj...


pg 193 - Non-Execs

"The above table does not include Raj Challaraj who is expected to resign as the Chairman of the RhythmOne board of directors immediately following consummation of the Transactions. The above table does not include Eric Singer and John Mutch who are expected to be appointed Chairman of the RhythmOne board of directors and Non-Executive Director, respectively, immediately following consummation of the Transactions."

[precinct14] 02/2/2018 08:49

No no. It's been a very strong quarter, with R1 continuing to make real, but undeclared, profits. Ask Berky. He knows how the company is doing you know. So, ignore his pious advice to newbies to do their own research. He's just trying to cover his sorry ass. When you're as informed as Berky is, by ad execs that talk to R1 on a regular basis, who needs research?

[1gw] 02/2/2018 08:47

At least the cancellation of Yume means no risk on realising the arbitrage. Just have to wait for the money and shares to arrive.

[1gw] 02/2/2018 08:45

Look forward to all the holdings notices now to find out who owns what given the issue of shares.

[sikhthetech] 02/2/2018 08:41

1gw, given ads.txt adoption accelerated in Q3, the affects of it won't be known yet...

Google ad blocker goes live in a couple of weeks...
Move to fee transparency...



DataXu chief, not me, reckons GDPR could turn back ad tech clock by two years...

[1gw] 02/2/2018 08:29

Yes, but growth in profitability is less obvious isn't it, given all those headwinds you keep talking about?

[sikhthetech] 02/2/2018 08:22

Usual jam tomorrow from the TU...

"During the seasonally strongest quarter of the financial year, the Company experienced growth in both topline revenue and profitability on an adjusted(1) EBITDA basis, compared with the same period last year. Performance was led by on-platform programmatic revenue growth, which saw an increase of approximately 13% year-on-year."


Well, revenue would be higher compared to same period last year, wouldn't it...
Last year's 3rd qtr was before they acquired Perk & Rad1...

[jonc] 02/2/2018 08:21

Indeed kendo. The strongest quarter still produced a loss. No doubt the fourth quarter will be a shocker.

[kendonagasaki] 02/2/2018 08:16

Poor third qtr?In line with managements poor expectations.No change here then!!!

[precinct14] 02/2/2018 08:13

Yet more shame heaped on completely discredited Berky and digitalis.

[jonc] 02/2/2018 08:13

You look like another deadbeat loser evilblues.

No doubt you are mug enough to be long.

[football] 02/2/2018 08:12

kendo at last a good post from you - 3160

[1gw] 02/2/2018 08:11

That's interesting. No chance to unwind arb positions as I read that. R1 shares admitted straight away and YuMe shares to be cancelled.

I bought a chunk of R1 first thing hoping to start the unwind process. Now looks like I might have to wait for the new R1 shares to be issued - based on Pace/Arris experience that was a long wait, so I hope it goes better this time.

[jonc] 02/2/2018 08:10

Berky the useless BoD are still hiding those "profits" that you insist R1 are making.Is that not criminal behaviour?

[jonc] 02/2/2018 08:08

So the BoD confirm that the profit forecast in the F4 was wrong.The company has not traded at a profit in the third quarter.The company has in fact continued to be loss making.Expect more legal action from the US

[football] 02/2/2018 08:04

Q3 2018 Trading Update

RhythmOne plc today updates the market on its performance for the third quarter of financial year 2018, covering the period from 1 October 2017 to 31 December 2017 ("Q3 2018" or "the Period").

Financials

RhythmOne's Q3 2018 financial performance was in line with management expectations. During the Period, the Company continued to successfully execute against the three key objectives communicated at the start of the financial year:

-- Growth of on-platform programmatic revenues;
-- Integration of key strategic acquisitions; and
-- Continued profitability on an adjusted(1) EBITDA basis.
During the seasonally strongest quarter of the financial year, the Company experienced growth in both topline revenue and profitability on an adjusted(1) EBITDA basis, compared with the same period last year. Performance was led by on-platform programmatic revenue growth, which saw an increase of approximately 13% year-on-year.

Operations

The Company continued to focus on the integration of recent acquisitions and incorporated legacy RadiumOne data assets and analytics tools onto its platform, providing additional ways to package high-value inventory for advertisers. As a result of these efforts and ongoing platform enhancements, Q3 2018 saw a significant rise in the Company's operating metrics across various categories.

Platform volume grew by 35% year-on-year, as the Company integrated additional quality supply sources. Over the last 12 months, the Company shifted the balance of volume in favor of mobile supply - in line with trends in advertiser spend. Fill rate grew by 17% year-on-year, demonstrating increased demand for RhythmOne supply, and inventory saw a strong year-on-year increase in pricing of 20%, driven by monetization of high-value, high-impact and high-margin video and rich media inventory, and the packaging of premium supply through turnkey private marketplaces. Key operating metrics are outlined below:


Metric Q1 2017 Q2 2017 Q3 2017 Q1 2018 Q2 2018 Q3 2018
---------------- -------- ------- ------- ------- ------- ------- -------
Volume Billions 3,515.5 3,953.9 6,101.4 7,817.4 8,933.0 8,263.8
---------------- -------- ------- ------- ------- ------- ------- -------
Desktop(2) % 50.0 52.5 48.8 36.0 41.2 42.1
---------------- -------- ------- ------- ------- ------- ------- -------
Mobile(2) % 50.0 47.5 51.2 64.1 58.8 58.0
---------------- -------- ------- ------- ------- ------- ------- -------
Fill Rate(3) % 0.52 0.64 0.30 0.20 0.30 0.35
---------------- -------- ------- ------- ------- ------- ------- -------
Price(4) $/CPM 1.70 1.42 2.26 2.86 2.58 2.71
---------------- -------- ------- ------- ------- ------- ------- -------

Outlook

Ted Hastings, CEO of RhythmOne, said:

"We are pleased with the results we achieved during the period, demonstrating progress against our targets in terms of revenue growth, profitability and product integration. Strategically, we expect our programmatic platform to serve as the Company's principal growth driver, reinforced by significant scale of quality supply, cutting edge technology and unique, data-driven targeting capabilities. Further, we will maintain strong cost discipline, driving efficiency within the Company with the aim of sustained profitability."

The information communicated herein constitutes inside information.

[football] 02/2/2018 08:03

2nd RNS with TU out

[jonc] 02/2/2018 07:59

The fate of R1 is now firmly sealed.Buying a stripped out"growth" company which is not growing is the final nail in the coffin.Expect serious ramping from the idiots.Short to zero.

[precinct14] 02/2/2018 07:57

BARKBOOO - 'I am positive RTHM and I post positive information.'

Ah, so it's information, not guesswork, that you post here. Thanks for the confirmation.

'Information. Noun: Facts provided or learned about something or someone.'

So, what you learn from ad execs that do business with and talk to the R1 on a regular basis, are presented as facts ie that R1 will be sold for multiples of £24 'very soon', and that R1 has been in real, but undeclared, profit since September 2016.