ad pepper media International N.V. with positive net cash flow from operating activities for the first time since 2006
Back to overviewNürnberg, Amsterdam, 15 March 2010 – ad pepper media International N.V., according to preliminary results for the financial year 2009, has achieved a positive net cash flow from operating activities for the first time since 2006 amounting to kEUR 260 (2008: kEUR -680), whereas the figure for the fourth quarter was even more pleasing at kEUR 1,429. Hence, the cash position (liquid funds including securities at fair value and time deposits with a maturity of more than three months) increased by kEUR 1,459 compared to the end of the third quarter to kEUR 22,602 at year-end 2009 (2008: kEUR 23,047). There are no liabilities due to banks.
Due to the measures taken in the third quarter of the past financial year EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) stayed significantly negative with kEUR -29,855 also for the full year 2009 (2008: kEUR 7,173) whereas the previous year’s EBITDA includes net one-off effects totaling kEUR 9,314. Revenues amounted to kEUR 46,899 after kEUR 52,638 in 2008. Gross profit decreased by kEUR 1,550 to kEUR 20,979 (2008: kEUR 22,529).
The annual report 2009 will be published on 31 March 2010:
Key figures (unaudited) for the financial year 2009 vs. 2008:
| FJ 09 | FJ 08 | Dev. in % | ||
| Revenues | kEUR | 46,899 | 52,638 | -10.9 |
| Gross profit | kEUR | 20,979 | 22,529 | -6.9 |
| EBITDA | kEUR | -29,855 | 7,173 | >100 |
| EBIT | kEUR | -31,951 | 2,474 | >100 |
| EBT | kEUR | -33,770 | 3,727 | >100 |
| Net income | kEUR | -34,322 | 2,610 | >100 |
| Earnings/share (basic) | EUR | -1.61 | 0.12 | >100 |
| Liquid funds | kEUR | 22,602 | 23,047 | -1.9 |
| Equity | kEUR | 21,338 | 55,675 | -61.7 |
| Balance sheet total | kEUR | 32,804 | 67,090 | -51.1 |
For more information:
Jens Körner (CFO)
ad pepper media International N.V.
Phone: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157
E-mail: ir@adpepper.com