Business
Preliminary Statement of Results FY to 31 Dec 2013
Preliminary Statement of Results FY to 31 Dec 2013.
About this update from Fiinu Plc
[{"type":"text","content":"\n \nRNS Number : 7300C Immedia Group PLC 20 March 2014 \n \n\n \n \n \nIMMEDIA GROUP PLC\nPreliminary Statement of Results for the year to 31 December 2013\n \nImmedia Group Plc (AIM: IME) (\"Immedia\" or the \"Group\") which provides bespoke digital music and entertainment channels to leading brands, today announces its preliminary financial results for the year to 31 December 2013.\n \nOverview\n· Operating profits improved by £573,528 year on year\n· Shareholders' equity improved £812,908 and by 245% year on year\n· Revenue growth 14.3% year on year\n· Earnings per share: 5.89p (including one off tax credit); underlying EPS before tax: 2.96p \n· Cash balances increased by £324,171 year on year\n· Providing services to eleven new brands\n· Improved pipeline of new business\n \nFinancial Summary\n\n\n\n\n\n\n\n12 months to\n31 December 2013\n\n\n12 months to\n31 December 2012\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRevenue\n\n\n£2,841,740\n\n\n£2,486,783\n\n\n\n\nEarnings/(loss) before interest, taxation, depreciation, amortisation and impairment charges (EBITDA)\n\n\n \n£488,842\n\n\n \n£(49,688)\n\n\n\n\nResults from operating activities\n\n\n£406,945\n\n\n£(166,583)\n\n\n\n\nProfit/(loss) before income tax\n\n\n£405,619\n\n\n£(167,173)\n\n\n\n\nIncome tax credit\n\n\n£402,711\n\n\n£16,418\n\n\n\n\nProfit/(loss) and total comprehensive income for the year \nattributable to equity shareholders of the parent\n\n\n \n£808,330\n\n\n \n£(150,755)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nBasic and diluted earnings/(loss) per share \n\n\n5.89p\n\n\n(1.10)p\n\n\n\n\nUnderlying earnings/(loss) per share before tax\n\n\n2.96p\n\n\n(1.22)p\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nYear-end balance of cash and cash equivalents\n\n\n£614,745\n\n\n£290,574\n\n\n\n\n\n\n \nBruno Brookes, Chief Executive of Immedia, said: \n \n\"We have engaged and provided services to eleven new brands and entered into four new retail markets. We have also developed new opportunities into consumer channels which we aim to launch in 2014. \n \n\"Our marketplace has matured with an unprecedented interest in...