ANEVIA (EPA:ALANV) H1 2018 revenue
Transparency directive : regulatory news
26/07/2018 17:45
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PRESS RELEASE
GENTILLY,
26/07/2018
H1 2018 revenue
* Revenue growth of +27%(1)
* Growth contributions from both businesses: Telecom and Enterprise
* Telecom: half-year was driven by further new customer wins
* Enterprise: confirmation of the renewed growth momentum as announced in 2017
* Successful integration of Keepixo
* Change in conditions for exercising shareholders' warrants (BSAs)
Anevia, a leading provider of OTT and IPTV software solutions, announces its
interim revenue to June 30, 2018.
French GAAP, EURm H1 2018(1)(2)(3) H1 2017 Chg. 18/17
Telecom 4.9 3.8 +31%
Enterprise 1.8 1.5 +17%
TOTAL 6.7 5.3 +27%
Total revenue grew over the period by 27%, including a EUR0.8 million
contribution from Keepixo, acquired by Anevia in H1. Anevia and Keepixo carried
out a simplified merger, in which Anevia absorbed Keepixo with retrospective
effect from January 1, 2018.
Stripping out Keepixo, Anevia posted same-scope growth of 12% over the period
in each of its business (Telco and Enterprise)..
TELECOM: NEW CUSTOMER WINS CONTINUE
The Telecom business grew by 31% in H1 2018, all the more impressive as it
comes on the back of two consecutive half-years of double-digit growth for the
business.
H1 saw robust sales momentum as the company attracted numerous new leading
operators as customers not only in Europe but also in Asia and North and South
America.
ENTERPRISE: CONFIRMATION OF THE RENEWED GROWTH MOMENTUM ANNOUNCED IN 2017
As expected, the business decisions of late 2017 plus the arrival of Ivonne
Prugnaud as VP Sales Worldwide Enterprise, designed to relaunch the business's
growth, have borne fruit. Enterprise revenue grew by 17% in H1 2018.
The period was marked by a major new partnership with a leading integrator in
the hotel sector, further consolidating Anevia's presence in the hospitality
market and opening a route into new regions such as Asia and Australia.
(1) H1 2018 revenue includes Keepixo as from January 1, 2018.
(2) Unaudited data.
(3) Figures include a EUR77,000 withholding tax. Withholdings were not reported
in 2017 sales figures.
UCCESSFUL INTEGRATION OF KEEPIXO
Since it acquired Keepixo in April, Anevia's and Keepixo's teams have been
working closely together on marketing and R&D to generate all the synergies
identified during the merger. The two companies have pooled resources to boost
their capacity to develop new product ranges that will maintain their
technological lead and generate additional sales with their respective customer
bases.
Anevia reminds investors that the Keepixo deal was structured as a simplified
merger, under which Anevia absorbed Keepixo with accounting effect back-dated
to January 1, 2018.
CASH POSITION AT JUNE 30, 2018
At June 30, 2018, Anevia had EUR1.5 million in cash compared to EUR2.3 million
at December 31, 2017. Financial loans totalled EUR3.05 million compared to
EUR3.2 million at December 31, 2017.
CHANGE IN CONDITIONS FOR EXERCISING EQUITY WARRANTS (BSAs)
The Company's Extraordinary Shareholders"l Meeting held on June 28, 2018,
approved the Board proposal to change the terms of the warrants(bons de
souscription d'actions, BSAs) issued on July 17, 2017, giving shareholders
better terms for the exercise of their BSAs and Anevia additional
resources on their exercise.
The exercise period for BSAs was extended from July 24, 2018 to midnight on
December 31, 2018, inclusive. And the exercise price for subscribing for a new
share above 6 BSAs was cut to EUR3 from its original EUR4.7.
Next publication: September 27, 2018, H1 2018 results About ANEVIA
Anevia is a leading OTT and IPTV software provider of innovative multiscreen
solutions for the delivery of live TV, streaming video, time-shifted TV and
video on demand services. The company offers a comprehensive portfolio of video
compression, multiscreen IPTV head-ends, Cloud DVR and CDN solutions to enable
viewers to enjoy a next-generation TV experience - anywhere, anytime and on any
screen - including 4K UHD content. The solutions have been widely adopted by
globally-renowned telecom and pay-TV operators, TV broadcasters and video
service providers in hospitality, healthcare and corporate businesses.
Founded in 2003, Anevia has a track record of being first to market with
advanced video technologies. The company is a member and active contributor to
several TV, media and hospitality industry associations. Headquartered in
France, with regional offices in the USA, Dubai and Singapore, Anevia is listed
on the Paris Euronext Growth market.
For more information please visit www.anevia.com.
Contacts
ANEVIA
Sabine DE LEISSEGUES
Marketing & Communications Director
Tel: +33 1 81 94 50 95
Email: investisseurs@anevia.com
ACTIFIN
Alexandre COMMEROT
Isabelle Dray (press relations)
Tel: +33 1 56 88 11 11
Email: acommerot/idray@actifin.fr
Name: ANEVIA
ISIN Code: FR0011910652
Ticker symbol: ALANV
Number of shares comprising the share capital: 3,551,218