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
- 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.
goldfinger
- 13 Nov 2013 08:35
- 273 of 853
Its the market in general 3M. Certainly ramping up now for increased business.
goldfinger
- 13 Nov 2013 08:38
- 274 of 853
O/Topic for David lucas..... David, ................ had an e-mail from new big cheese at t1ps. T1ps is being taken over by a new co and they expect the new co to invest significantly in its websites.
Sorry due to sensitive nature have been asked to give no more than that out.
Looks promising though.
Cheers GF.
david lucas
- 13 Nov 2013 23:20
- 275 of 853
Hi GF
Well it will be welcome to have the old SC back on stream. Lets hope all the old gang will post again!
Back to OPAY! It looks to be trading in a tighter range at present, between 293/300 and now 298/300. Still have high hopes but maybe will take a little longer than most will like.
goldfinger
- 14 Nov 2013 19:33
- 276 of 853
O/Topic
David been in touch with the boss at T1ps and he says when the new site goes life, e-mails will be sent out to all past contributors.
Seems hes a bit frustrated like everyone else that its taking its time for the new big cheese to sort out all the red tape.
david lucas
- 15 Nov 2013 08:38
- 277 of 853
Thanks GF
It will certainly be great to have the old board back! This one is good though as I think it has more integrity than others. It is all down to the quality of people who post!!
I hope OPAY is going to hold this 307/308 level for a few days to form a new bottom to the trading range. Only then will it take the next sustained push. The ups and pull backs are great for the short term traders but frustrating for investors!
goldfinger
- 15 Nov 2013 09:27
- 278 of 853
Going well so far this morning.
jimmy b
- 15 Nov 2013 09:30
- 279 of 853
Oh the old Neteller days GF ! How are you ?
goldfinger
- 15 Nov 2013 09:52
- 280 of 853
Fine Jimmy its good to see you. I saw your post the other day saying you were still in the market.
How are you doing and whats your thoughts on the market, be wary like mine?.
Ive changed over from being a contrarian mid term investor to a short/mid term trader now that Im more or less retired.
jimmy b
- 15 Nov 2013 10:04
- 281 of 853
Still about GF , funny, i'm same as you short term trading mainly buying on bad days and nicking a few % on the bounce ,been good this summer ,always interested in a bit of momentum, though missed this one. I'm more in and out at the moment, I sleep better !
goldfinger
- 15 Nov 2013 10:22
- 282 of 853
LOL, youve described my trading to a T Jimmy looking for market annomalies on the charts.
By god weve both been around for what seems years and years now, seen plenty of people come and go. Were still here plodding on so we must be doing something right.
tenby deckchairs still posting on advfn but on the premium board.
jimmy b
- 15 Nov 2013 10:45
- 283 of 853
I thought you'd be a billionaire by now :) all we had to do was be a tech geek and start Facebook or twitter ,,don't use either myself.
goldfinger
- 15 Nov 2013 10:58
- 284 of 853
Use twitter and its very good. Get news from analysts brokers etc a lot quicker than on the boards.
jimmy b
- 15 Nov 2013 11:06
- 285 of 853
GF i'm still wondering if I should switch from carrier pigeons !!!