goldfinger
- 19 Sep 2012 09:28
SUPERB RESULTS
REG - Optimal Payments PLC - Interim Results19 Sep 2012 - 07:01
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20120919:nRSS5828Ma RNS Number : 5828M Optimal Payments PLC 19 September 2012 Optimal Payments Plc Interim Results for the six months ended 30 June 2012 Strong first half growth, on track to exceed full year market expectations Optimal Payments Plc (LSE: OPAY) ("Optimal Payments", the "Group" or the "Company"), a leading online payments provider, today announces its results for the six months ended 30 June 2012. Highlights · EBITDA(1) up 76% to $11.2m (H1 2011: $6.4m). · Revenues up 37% to $78.9m (H1 2011: $57.4m). Fixed costs marginally down following headcount reduction in Q1. · Profit before tax $1.7m (H1 2011: loss of $4.1m). · Strong organic growth from NETBANX Straight Through Processing division ("STP"), up 68% to $61.9m (H1 2011: $36.9m) with continued strength and growth in Asia. · NETELLER Stored Value ("SV") revenues down to $16.2m (2011:$18.0m(2)) principally as a result of the fallout from Black Friday(3) in H1 2011. § Initiatives undertaken in H1 have produced improved results in second half to date. Major investment in NETELLER SV platform now complete and cost base aligned. § US online gaming opportunity taking shape. · Strong demand from existing customers and from new customers won during the first half including Ford Credit, Hockey Canada and Rona. Commercial agreement signed with Lotus F1 Team. · Strong H1 revenue exit run rate positions the Company for further growth in second half and on track to exceed the market consensus full year expectations. Financial summary (unaudited) Six months ended 30 June 2012 2011(5) US$ million US$ million Revenue Straight Through Processing (NETBANX bureau & gateway services) 61.9 36.9 Stored Value (NETELLER eWallet & Net+ cards) 16.2 18.0 Stored Value - discontinued revenues (4) - 2.1 Investment income 0.7 0.4 Total Revenue 78.9 57.4 EBITDA (1) 11.2 6.4 Profit/(loss) before tax 1.7 (4.1) Tax (charge)/recovery (6) (2012 charge relates to 2004/5 period) (2.5) 0.5 Net loss for the period (0.8) (3.6) (1) EBITDA is defined as results of operating activities before depreciation and amortisation and exceptional non-recurring items which are defined as items of income and expense of such size, nature or incidence, that in the view of management their disclosure is relevant to explain the performance of the Group. (2) Excluding discontinued revenues - see note 4. (3) "Black Friday" refers to the regulatory action taken in April 2011 against certain major poker operators which resulted in many players ceasing to play poker worldwide. (4) Discontinued revenues were derived from e-money expiry which is now subject to different rules under the Electronic Money Regulations 2011. (5) 2011 comparables include only 5 months of revenues and costs from the OP Inc business acquired on 1 February 2011. (6) Tax charge in the period relates to expected reassessment of 2004/5 Canadian taxes following a review by the Canadian Revenue Agency which commenced in 2005. The Board has made a full provision for the amount it believes it is likely to be required to pay in respect of withholding taxes and interest. See note 17 in the Financial Statements for more detail. Commenting on today's results announcement, Joel Leonoff, President & CEO, said: The combination of NETELLER and OP Inc. has produced a multi-faceted payment product offering and positioned the emerged business Optimal Payments Plc to benefit from a rapidly evolving online payment market. Our efforts have resulted in a fully integrated and right-sized business with an efficient cost base. Our operationally geared business model, continued focus on product development and R&D, along with our strong presence in the internet payment market have combined to produce significant organic revenue and EBITDA growth. Our H1 results and strong foundation position the Company well for further growth in H2. The online payment industry continues to consolidate and the Group should benefit from the expected significant growth in both the online and mobile commerce markets. We see substantial opportunities to provide innovative solutions to merchants and consumers in both the NETELLER eWallet and NETBANX
goldfinger
- 28 Oct 2013 08:13
- 253 of 853
3 monkies
- 28 Oct 2013 08:27
- 254 of 853
Great long may it continue.
goldfinger
- 28 Oct 2013 08:36
- 255 of 853
RCS - Optimal Payments PLC - US Gaming: Optimal accepted for payments
28 Oct 2013 - 07:00
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20131028:nRSb4439Ra RNS Number : 4439R Optimal Payments PLC 28 October 2013 Press release For immediate release Optimal Payments Officially Registered as Payments Vendor With the New Jersey Division of Gaming Enforcement Company Continues Expansion in Regulated Online Gaming London, Monday, 28 October 2013 - Optimal Payments Plc (LSE AIM: OPAY) ("Optimal"), a leading global online payment provider, announces that the New Jersey Division of Gaming Enforcement (DGE) has completed its review of Optimal's vendor registration. Optimal has been found suitable by the DGE to offer payment and risk management solutions to New Jersey licensed providers of Internet gaming. The regulatory suitability process is designed to assure the integrity of those persons and enterprises that provide goods or services to the New Jersey casino industry. "We are excited to be an approved vendor in New Jersey and we look forward to leveraging our vast experience and expertise to help facilitate online payments for our partners in New Jersey," said Joel Leonoff, President and CEO of Optimal Payments. For further information contact: Optimal Payments Plc Investor Relations Jessica Stalley +44 207 182 1707 North America Gaming Sales Neil Erlick, Executive Vice President, Business Development +1 514 380 2746 neil@optimalpayments.com Media Relations: Citigate Dewe Rogerson Caroline Merrell / Nicola Swift / Priscilla Garcia / Shelly Chadda +44 207 638 9571 Canaccord Genuity Simon Bridges / Cameron Duncan +44 (0) 207 523 8000 About Optimal Payments Plc Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in over 200 countries to move and manage billions of dollars each year, merchants use the NETBANX processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and the NETELLER payment service to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands of merchants around the globe across a wide range of industries. Optimal Payments Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY. Subsidiary company Optimal Payments Ltd is authorised and regulated as an e-money issuer by the UK's Financial Conduct Authority (FRN: 900015). For more information on Optimal Payments visit www.optimalpayments.com or subscribe at www.optimalpayments.com/feed or follow us on Twitter @optimalpayments. This information is provided by RNS The company news service from the London Stock Exchange
david lucas
- 28 Oct 2013 08:36
- 256 of 853
GF
That is very good news and make OPAY a secure buy even at this price.
goldfinger
- 28 Oct 2013 09:41
- 257 of 853
28 Oct 2013 Optimal Pay OPAY Numis Buy 303.50 289.00 325.00 350.00 Reiterates
SP TARGET 350p
3 monkies
- 06 Nov 2013 08:54
- 258 of 853
What is happening here dropping every day?
goldfinger
- 06 Nov 2013 09:25
- 259 of 853
Market in general directionless.
Probably at a top the whole market for a while.
Hope xmas trade then takes off.
3 monkies
- 06 Nov 2013 09:36
- 260 of 853
Hope so, as you know I am relying on these little beauties.
goldfinger
- 06 Nov 2013 14:40
- 261 of 853
I think a lot of us are 3m.
3 monkies
- 06 Nov 2013 15:49
- 262 of 853
mmm! I bet not as much as I. Oh! well hope some more news comes soon.
goldfinger
- 06 Nov 2013 15:55
- 263 of 853
Still havent heard about this Euro acquisition have we or have i missed it.
That should put it up a few bob.
Its just the markets in general, their is no direction as we are near an all time top and their are no charts to go upon for historical direction.
goldfinger
- 08 Nov 2013 10:04
- 264 of 853
Added a few earlier on and now just in profit on them.....nice.
3 monkies
- 08 Nov 2013 10:29
- 265 of 853
Nice one - think I have enough and am now well in profit but not enough yet to carry the £4,000 I have lost on various other things this year but on the up. Wish we could hear some more excellent news soon.
goldfinger
- 08 Nov 2013 10:32
- 266 of 853
schhhhhhhhhhhhh Im told its on its way.
3 monkies
- 08 Nov 2013 10:42
- 267 of 853
Good.
goldfinger
- 12 Nov 2013 08:18
- 268 of 853
Optimal and Channel 1 partner to deliver ecommerce
RNS
RNS Number : 7013S
Optimal Payments PLC
12 November 2013
Press release
For immediate release
Optimal Payments and Channel 1 Media partner to deliver seamless ecommerce services for professional sports franchises
London, Tuesday 12th November 2013 - Optimal Payments Plc (LSE AIM: OPAY) ("Optimal Payments"), a leading global online payments provider, announces its partnership with Channel 1 Media Solutions Inc.(Channel 1Media) to provide integrated e-commerce services to North American major league sports teams; and their first joint client is live.
Channel 1 Media provides digital services that extend fan engagement for professional sports franchises across North America. Through the Channel 1 Media/Optimal Payments partnership, sports teams are now able to embed frictionless payments across their web and mobile platforms. The integrated services include credit/debit card processing as well as team branded loyalty cards and digital wallets for both online and in-stadium purchases.
"As we continue to provide innovative services to many franchises and venues throughout the United States and Canada, our clients are eager to strengthen fan relationships by combining digital media with seamless payment options offered by Optimal Payments," said Evan Karasick, President of Channel 1 Media.
Optimal Payments already provides online services for membership, content and ticket subscriptions to a large number of major European sports clubs and this partnership with Channel 1 Media now provides the company with access to the North American professional sports market. The first team to take advantage of the new combined services is Major League Soccer's San Jose Earthquakes - who deployed Optimal Payments' NETBANX services for their online ticket renewals this season.
"Using the Channel 1 and Optimal Payments' system, our clients have easily been able to renew their season tickets online. Serving the needs of our fans is our top priority and this system has exceeded our expectations, taking our service to a whole new level," said Earthquakes president Dave Kaval.
"With our Omni-channel payment services and Channel 1 Media's interactive platform, sports teams can better engage with their fans though mobile apps, websites and at sports venues - turning fan excitement into revenue generating opportunities," said Martin Leroux, Chief Business Development Officer at Optimal Payments.
# # #
For further information contact:
Optimal Payments PLC
Sales
Martin Leroux (martin.leroux@optimalpayments.com) +1 514 380 2717
david lucas
- 12 Nov 2013 09:07
- 269 of 853
Another positive! Thanks for the posting....
goldfinger
- 13 Nov 2013 08:04
- 270 of 853
ShoeMe.ca selects Optimal Payments' NETBANX
RNS
RNS Number : 7953S
Optimal Payments PLC
13 November 2013
Press release For immediate release
ShoeMe.ca selects Optimal Payments' NETBANX to enhance fraud protection
Canadian fashion retail brand selects Optimal Payments for online payments
London, Wednesday, 13 November 2013 - Optimal Payments Plc (AIM: OPAY) ("Optimal Payments"), a leading global online payments provider, today announces that ShoeMe.ca, a fast growing Canadian online shoe retailer, has exclusively selected the Optimal Payments' NETBANX service to accept payments and reduce fraud.
"We chose Optimal for its long-standing track record and reputation in payment processing and particularly fraud management in the retail sector," said Sean Clark, CEO of Shoeme.ca. "Optimal's experienced risk management team identified our fraud patterns and customised NETBANX so that our fraud was reduced by more than 90%, significantly decreasing product losses and operational costs."
The NETBANX payment service uses embedded real-time risk management technology and a proprietary Risk Engine, to capture fraud in real time and to stop or hold orders without impacting legitimate transactions or the user experience at checkout. During implementation Optimal Payments staff analysed the fraud patterns that Shoeme.ca were experiencing to configure the service to significantly reduce fraud. When fraud occurs not only does the merchant lose the transaction funds, but banks apply chargeback fees and the value of the shipped items is lost.
"We are pleased to have been chosen by ShoeMe.ca as their payment partner," says Martin Leroux, Chief Business Development Officer at Optimal Payments. "Since 1996 we've an unparalleled track record of helping merchants accept safe payments from around the world and we look forward to helping ShoeMe.ca continue to expand their business too."
# # #
For further information contact:
Optimal Payments PLC
Sales: North America
Martin Leroux (martin.leroux@optimalpayments.com) +1 514 380 2717
goldfinger
- 13 Nov 2013 08:18
- 271 of 853
RCS - Optimal Payments PLC - ShoeMe.ca selects Optimal Payments' NETBANX13 Nov 2013 - 07:01
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20131113:nRSM7953Sa RNS Number : 7953S Optimal Payments PLC 13 November 2013 Press release For immediate release ShoeMe.ca selects Optimal Payments' NETBANX to enhance fraud protection Canadian fashion retail brand selects Optimal Payments for online payments London, Wednesday, 13 November 2013 - Optimal Payments Plc (AIM: OPAY) ("Optimal Payments"), a leading global online payments provider, today announces that ShoeMe.ca, a fast growing Canadian online shoe retailer, has exclusively selected the Optimal Payments' NETBANX service to accept payments and reduce fraud. "We chose Optimal for its long-standing track record and reputation in payment processing and particularly fraud management in the retail sector," said Sean Clark, CEO of Shoeme.ca. "Optimal's experienced risk management team identified our fraud patterns and customised NETBANX so that our fraud was reduced by more than 90%, significantly decreasing product losses and operational costs." The NETBANX payment service uses embedded real-time risk management technology and a proprietary Risk Engine, to capture fraud in real time and to stop or hold orders without impacting legitimate transactions or the user experience at checkout. During implementation Optimal Payments staff analysed the fraud patterns that Shoeme.ca were experiencing to configure the service to significantly reduce fraud. When fraud occurs not only does the merchant lose the transaction funds, but banks apply chargeback fees and the value of the shipped items is lost. "We are pleased to have been chosen by ShoeMe.ca as their payment partner," says Martin Leroux, Chief Business Development Officer at Optimal Payments. "Since 1996 we've an unparalleled track record of helping merchants accept safe payments from around the world and we look forward to helping ShoeMe.ca continue to expand their business too." # # # For further information contact: Optimal Payments PLC Sales: North America Martin Leroux (martin.leroux@optimalpayments.com) +1 514 380 2717 Media Relations: Citigate Dewe Rogerson Caroline Merrell / Nicola Swift / Priscilla Garcia + 44 (0) 207 638 9571 Investor Relations Jessica Stalley +44 (0) 207 182 1707 About ShoeMe.ca: Retailing over 100 brands and featuring express shipping and a 100-day no quibble free return policy, Shoeme.ca has grown to be Canada's leading pure-play online shoe retail store. The company was established in 2012 and is based in Vancouver. ShoeMe.ca are on the web at www.shoeme.ca and Twitter at @ShoeMeCA. About Optimal Payments' NETBANX Since 1996 tens-of-thousands of businesses have relied on the NETBANX service to allow them to accept credit/debit cards, bank debits and alternative payments from around the corner or around the world. Delivered from the cloud, the white-label service processes over $8 billion a year and includes merchant accounts, a secure payment gateway, multi-channel acceptance, configurable fraud rules, and customer account management. Transaction certainly is maintained at all times by comprehensive risk services, geo-redundant data-centres and PCI-DSS Level 1 certification. For more information visit www.netbanx.com or follow on Twitter @NETBANXServices. About Optimal Payments PLC Optimal Payments is a global provider of online payment solutions. Trusted by businesses and consumers in over 200 countries to move and manage billions of dollars each year, merchants use the NETBANX processing service to simplify how they accept and settle credit card, direct-from-bank, and cash payments; and the NETELLER payment service to increase margins, capture new customers and increase their lifetime value. Being an independent provider has allowed the company to support tens-of-thousands of merchants around the globe across a wide range of industries. Optimal Payments Plc is quoted on the London Stock Exchange's AIM market, with a ticker symbol of OPAY.
3 monkies
- 13 Nov 2013 08:25
- 272 of 853
Another positive as David Lucas would say be still it won't budge for reasons unknown to me. One day it will hold over the £3 mark and climb.