mactavish
- 10 Sep 2004 22:20
Company Profile
YooMedia plc is one of the fastest growing interactive entertainment companies in the UK.
Since 1997 we have been developing and launching leading B2C consumer brands in the gaming and community sectors. We also work in a B2B capacity with leading brand owners, agencies, content developers and broadcasters to design and develop their interactive content strategies.
Led by Executive Chairman Dr. Michael Sinclair and Group Managing Director Neil MacDonald, YooMedia has assembled a highly experienced management team that possesses a unique blend of skills and experience in the areas of Digital TV, Internet and mobile phone services and technology.
With main office locations in London, Exeter and Maidstone, YooMedia manages core assets including:
Over 30 office locations throughout the UK alone
State-of-the-art studio, production and post-production facilities at our Wapping location.
UK broadcast return path & bandwidth owner
Fully fledged UK Bookmaker License
Database with over 350K UK singles
SMS Engine access with international reach
Fully staffed 50 seat Customer Contact Centre in Maidstone, Kent
YooMedia Dating & Chat - Our dating subsidiary company manages the oldest and largest UK-owned dating brands including Dateline, Club Sirius and Avenues. YooMedia Dating has over 20 office locations throughout the UK and also manages YooChat, our world-leading interactive chat service found on UK digital cable on the Telewest platform (platform extensions planned for 2005).
YooMedia Gambling & Games - Combining the brands of Avago and Channel 425 (in partnership with William Hill) YooMedia is on the leading-edge of interactive fixed odds, casino and poker gambling services for digital TV, the web and 3G mobile phones. Our gaming business also manages YooPlay, the only interactive just for fun games channel found on all four Digital TV platforms in the United Kingdom.
YooMedia Enhanced Solutions (YES) - YES works with brand owners, agencies, content owners and broadcasters to clarify the options, define the strategies and deliver the interactive content that enhances consumer and audience experiences. YES customers include the BBC, Nestle, Celador, William Hill, Channel 4, ZipTV, The Cartoon Network and HR Owen.
mactavish
- 22 Jun 2005 09:17
- 1785 of 3776
Britishbulls BUY rating upped to
EXTREMLEY STRONG BUY AND FILL YOUR BOOTS RATING
Dil
- 22 Jun 2005 09:19
- 1786 of 3776
Buying at 25p and still holding aint shrewd in my book iPublic.
Aren't they also the guys running this fiasco ?
proptrade
- 22 Jun 2005 09:46
- 1787 of 3776
There once was a stock named YOO
Who PM loved but Dil thought was POO
.....
contributions to finish this limerick please!
Dil
- 22 Jun 2005 09:48
- 1788 of 3776
iPublic have you read the accounts ???
paulmasterson1
- 22 Jun 2005 10:06
- 1789 of 3776
Proptrade Hi,
There once was a stock named YOO
Who PM loved but Dil thought was POO
If dil had thought twice
Before YOO doubled in price
He wouldn't be sat on the loo !!!!
LOL !!!!
PM
paulmasterson1
- 22 Jun 2005 10:08
- 1790 of 3776
Hi All,
A trader sitting two desks away from me bought 500,000 this morning ....
Cheers,
PM
Rasenberg
- 22 Jun 2005 10:08
- 1791 of 3776
looking forward to Dil's version now
proptrade
- 22 Jun 2005 10:14
- 1792 of 3776
just trying to keep it friendly here....nobody likes personal attacks!
merrickman2
- 22 Jun 2005 10:17
- 1793 of 3776
During the year ended 31 December 2004, the Group recorded a loss of 23.8
million and at 31 December 2004, the Group had net current liabilities of 0.6
million. Net cash outflow from operating activities in 2004 was 10.9 million.
Net cash outflow before management of liquid resources and financing 18,6 M.
Net Cash left 5,044,832 to finance operations - Yes they do have a 4m banking facility .
From accounts
In the light of existing facilities available to the Group, the Directors
consider there will be sufficient resources available to enable the Group to
achieve the profitability and positive cash flow necessary for the Group to
continue as a going concern. Consequently, the directors consider that it is
appropriate to prepare the accounts on the going concern basis. However, in
common with similar businesses at this stage of their development, the Directors
recognise that there will remain a fundamental uncertainty over the Group's
ability to realise future profitability and positive cash flows until the Group
has established a track record of profitable trading, cash generation and
meeting its working capital projections.
The financial statements do not reflect any adjustments that would be required
if the Group
****** were unable to achieve profitability and positive cash flow with its current resources******* , or if further available sources of finance were
insufficient to fund the Group through to profitability and positive cash flow,
such that the going concern basis of preparation ceased to be appropriate.
Scripophilist
- 22 Jun 2005 10:21
- 1794 of 3776
I think you should all be significantly bullish on this one as they have only blown 41m of shareholders money so far. So there is still a long way to go.
iPublic
- 22 Jun 2005 10:28
- 1795 of 3776
merrickman2
Forget last year, it is not relavant, due to the synergies and cost savings since the merger. You really are wasting your time bothering with the 2004 accounts.
YOO have stated they are EBITDA positive since March and will be profitable (cash flow positive), July - September. This is not a company which is burning cash, it has transformed itself. Now if you are not prepared to believe the company statements, then that is your perogative.
The 4m banking facility is personally guaranteed by our Chairman, Mr Sinclair. With his immense wealth, this will be good enough for any bank!
Dil
- 22 Jun 2005 10:30
- 1796 of 3776
Lol they let Pauly trade at school now !
Dil
- 22 Jun 2005 10:34
- 1797 of 3776
iPublic ... you said I was wrong at 20p and 15p why should anyone listen to you now ?
The company can expect all it wants but as yet it keeps failing to deliver on its expectations.
Bad enough the company screwing small investors without you Pauly et al doing it too .
hugybear
- 22 Jun 2005 10:57
- 1798 of 3776
Paul you are an incredible stupid person if you think that anyone takes any notice of the constant crap you post
B.T.W.
didn't you mean school desk
Sequestor
- 22 Jun 2005 11:14
- 1799 of 3776
lol
aldwickk
- 22 Jun 2005 11:21
- 1800 of 3776
There once was a stock named YOO
Who PM loved but Dil thought was POO
because he was sitting on the loo
hewittalan6
- 22 Jun 2005 11:24
- 1801 of 3776
Hmmm. Wordsworth it aint. Not even Pam Eyres.
Don't give up your day job.
Alan
Poverty
- 22 Jun 2005 11:26
- 1802 of 3776
Dil got it about right:
"Going down the plug hole , running out of cash , accounts all but qualified , CEO does a runner and company issue a profits warning"
Buyers beware!
I can't believe the effort some twats are putting in to ramping this stock - which even they have to admit - is PANTS
hugybear
- 22 Jun 2005 11:35
- 1803 of 3776
Paul you should have stuck with your first impressions
geniusjohn55a - 26 Nov'03 - 19:19 - 17 of 31
Don't get carried away with this one ... I used to hold SBT and they nearly sold us out for 30p a share and the majority of shareholders payed a lot lot more than that ( me 41p)
They have a knack of high turnover and low profit and YOO need them to make a profit to enable them to get a cut of it
Look at the 6 months results and YOO would have got bugg*r all out of it.
They keep saying things like "unfavorable betting results" in other words the punters won more money than they did !!
Turnover of 410.9m (2002: 428.6m restated).
Gross profit of 30.1m at 7.3% of turnover (2002: 31.7m at 7.4%
restated).
Operating profit of 0.8m (2002: 2.2m) before amortisation of
goodwill of 3.4m (2002: 5.0m) exceptional costs of 1.8m (2002: Nil)
and share of operating loss in associate of 0.2m (2002: Nil).
Loss before tax of 5.7m (2002: loss of 3.8m) after finance costs
and amortisation of goodwill.
Loss per share pre exceptional costs and amortisation of goodwill of
0.3p (2002: earnings of 0.7p).
20.1m of cash and cash deposits on the balance sheet (2002: 19.6m).
3.4m cash inflow from operating activities (2002: 3.5m).
Further progress in development of the business:
- All regions operating profitability for the period.
- Customer numbers up 122,059 to 1,005,030.
- 10 million sports bets taken.
- Four new white label contracts signed and launched in Europe.
- New payment processing channels in place in the US market.
mactavish
- 22 Jun 2005 12:02
- 1804 of 3776
Just shows you how much Genius john knows, the contract with SBT was cancelled when YOO took out a bookmakers licence.