An investment note from Naked Trader.

I bought a few of a new issue called MoPowered (MPOW) at 97. Bit risky these new issues and buying the idea of this one rather than any money they really made yet.

Probably one of those that will either be worth double or half this year. I like the idea behind MoPowered, ensuring commercial websites are compatible and work well with mobiles.

Given more and more spending is done on mobiles it surely seems like one that could succeed. However it is definitely risky so small stakes only for me for now. Or until there are firm profits coming through.

On Monday this week it said it had added 27 new clients in a couple of months, more than expected. If it keeps winning clients and can turn that into profit streams shares could have a good year. However of course one negative statement would send it tumbling, it is a risky one.

FOR IMMEDIATE RELEASE


20 January 2014

MoPowered Group plc

('MoPowered' or the 'Group')

PRE-CLOSE TRADING UPDATE - YEAR ENDED 31 DECEMBER 2013



Another year of growth for MoPowered as it builds on its leading position in the mobile commerce market.

MoPowered, the mobile commerce specialist, today publishes the following trading update for the year ended 31 December 2013.

As indicated at the time of MoPowered's admission to AIM ("Admission"), the Group has completed a record year for new client acquisition as increasing numbers of online businesses look to strengthen their mobile commerce offerings to their clients. The Group finished the year with 127 contracted clients, a significant increased from the 100 announced on 6 November 2013.

In line with expectation trading revenues are expected to be in excess of £1 million, 33% higher than in 2012. Expected gross margin is lower than planned but this is offset by other cost savings.

Since Admission, MoPowered has successfully recruited a Sales Director (previously from Useablenet) and a Chief Product Officer (previously from Google). These appointments will strengthen further the management team and will put the Group in a strong position to win new customer accounts, particularly in MoPowered's middle-market and to further develop its technology platform. Platform enhancements will allow us to continue to drive down the marginal costs of launching a mobile system for a client and therefore increase gross margin.

The successful fundraising of £4 million and admission to AIM in December 2013 has meant that the Group starts 2014 in a position to accelerate its rate of new customer acquisition and revenue growth. Encouraging external data emerging from the online retail markets over the Christmas period leads the board to believe that demand for the Group's services will remain strong in 2014.

-End-

MoPowered:


020 3242 0515

I have purchased 3000 at 103 just for a toe in the water!

Organised in partnership with Cenkos Securities and Shares magazine, the second Innovators & Investors Forum will take place on 4th February 2014 at the Business Design Centre, London N1.

The event aims to showcase up to 40 leading innovative and imaginative technology-led firms and to bring them together with the investment community. It combines both a company expo and an educational conference where delegates learn about a range of investment opportunities.

REGISTER NOW

Why attend?

This event gives you a platform to meet under one roof up to 40 technology-led companies, hear their messages during presentation seminars and engage in discussions with them on their stands.

The event is supported with an extensive conference program, including keynote speakers and company presentations.



Companies already confirmed for the 4th February 2014 include:

ANGLE
Avanti Communications Group
Bango
Bond International Software
Brady
Cenkos Securities
CML Microsystems
Deltex Medical
Earthport
Eleco
Enables IT Group
Escher Group Holdings
Filtronic
Forbidden Technologies
Globo
Imperial Innovations
incadea
InternetQ
KBC Advanced Technologies
Kromek Group
MoPowered
Optimal Payments
Plastics Capital
PROACTIS
Quindell
Regenersis
Rightster
StatPro
Transense Technologies


CONFERENCE AGENDA

The following session is dedicated to a mix of institutional investor and private investors.

11:40 Company presentation - Colin Miles, VP, Corporate Relations - InternetQ

11:55 Company presentation - Hank Uberoi, CEO - Earthport

12:10 Company presentation - Quindell

12:25 Company presentation - Dr Nigel Pitchford, Chief Investment Officer - Imperial Innovations

12:40 Lunch

The afternoon sessions are dedicated to private investors.

14:00 Keynote address - Richard Penny, Senior Fund Manager - Legal and General UK Alpha Trust

14:15 Russ Mould, Editor - Shares Magazine

14:30 Company presentation - Kromek Group

14:45 Company presentation - Joel Leonoff, President & CEO - Optimal Payments

15:00 Company presentation - MoPowered

15:15 Company presentation - Charlie Muirhead, CEO and Founder - Rightster

15:30 Company presentation - Caroline Brown, Executive Director & CFO - KBC Advanced Technologies

15:45 Coffee

16:15 Company presentation - Andrew Fabian, Group Finance Director - StatPro

16:30 Company presentation

16:45 Company presentation

17:00 Company presentation - Jonathan O’Connell, CFO - Escher Group Holdings

17:15 Company presentation -

17:30 Close

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.


This agenda is subject to change and alterations. More companies to be announced soon.

REGISTER NOW

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



This agenda is subject to change and alterations. More companies to be announced soon.



EXHIBITION

The exhibition will be open from 10:45 to 17:30.

Coffee / lunch will be served within the exhibition.



Dress code: business attire




VENUE
Business Design Centre
52 Upper Street
Islington
London N1 0QH

http://www.businessdesigncentre.co.uk/

Access map: http://www.businessdesigncentre.co.uk/VisitingUs

Closest tube station: Angel (3 min. walk) - Northern Line





SPONSOR


Cenkos Securities is an independent specialist securities firm focused on UK small and mid-cap companies.
We aim to be entrepreneurial, whilst seeking to establish long-term relationships with corporate and institutional clients.
Our directors and partners have on average more than 25 years' experience in the UK securities market. They have pioneered and led some of the most successful and innovative transactions in the UK securities market over the last decades.

REGISTER NOW

WATCH: Dominic Keen, CEO of MoPowered Group, provides an overview at Innovators & Investors

Click here to watch

New high this am.

Another good rise.

For immediate release


7 March 2014





MOPOWERED GROUP PLC

("MoPowered" or "the Group")

New Customer and Sector Wins

Client Acquisition Continues to Accelerate

MoPowered Group plc, the mobile commerce specialist, is delighted to announce that it continues to build on the progress achieved in 2013 with a strong start to 2014 in terms of client acquisition. In the first two months of the year the Group has secured 20 new clients across a broad range of retailers, including several significant new names. This continues the acceleration of client acquisition achieved over the course of 2013.

In particular, MoPowered has signed successful multi-chain books retailer, The Works, which is now working with the Group to strengthen its mobile commerce capabilities. Additionally the fast-growing online fashion pure-play, Atterley Road, has signed up to MoPowered's software-as-a-service ("SaaS") platform, in order to drive its sales through smartphones.

Since the start of the year, MoPowered has also extended its presence across a broad range of retail sectors including food and drinks, gifts and home improvements. Wins have come from all areas of MoPowered's marketing activities including a strong performance in the middle market.

These new client acquisitions are a direct result of MoPowered's investment in its sales and marketing activity and the recent strengthening of the sales team, both of which were key objectives following the Group's successful IPO. The funds raised at that time have been utilised to drive this growth.

As indicated at the time of the pre-close update in January, mobile commerce continues to be a key driver of retail sales, and these client wins demonstrate the attractiveness of MoPowered's offering across a wide variety of e-commerce businesses. The Group's proven SaaS platform can be deployed rapidly and without significant upfront cost, enabling clients to benefit cost-effectively from the considerable growth opportunities arising from the increasing levels of mobile device-initiated internet traffic hitting their websites.

Dominic Keen, CEO, commented:

"Throughout MoPowered we are encouraged that we are starting to see the results from the increased sales and marketing activity made possible by MoPowered's IPO in late December 2013. The recent client acquisitions across a number of retail verticals indicate the potential for adoption of our mobile commerce across the full spectrum of retailers which is encouraging for our business. As mobile commerce becomes an increasingly important driver of online sales, we believe that MoPowered is ideally placed to deliver our feature-rich, cost effective and rapid-to-deploy solution to retailers and build the broad customer base further."

MoPowered:


020 3242 0515

Dominic Keen




Ben Carswell









N+1 Singer:


020 7496 3000

Gillian Martin

Shaun Dobson









Buchanan:


020 7466 5000

Charles Ryland




Sophie McNulty




Clare Akhurst





NOTES TO EDITORS

MoPowered is a 'Software-as-a-Service' ('SaaS') platform, launched in March 2012, which works with businesses of all sizes, to automate websites and enable mobile commerce. Key distribution partnerships with PayPal, WorldPay and MasterCard enable the Group to access the majority of UK merchants.

The software platform allows automated development of mobile sites rather than custom deployment with the corresponding time and cost advantages. The commercial model is predominantly based on long-term contracted, recurrent revenues.

MoPowered is well positioned to capitalise on the new types of shopping opportunities created by mobile devices. Retailers face significant challenges and are therefore outsourcing to expert mobile partners such as MoPowered. Management believes that half of the e-commerce market has online sales of less than £20m per annum and SaaS solutions are likely to be the best economic alternative for these merchants.

MoPowered makes strong start to 2014
StockMarketWire.com
MoPowered has made a strong start to 2014 in terms of client acquisition. In the first two months it has secured 20 new clients across a broad range of retailers, including several significant new names.

"This continues the acceleration of client acquisition achieved over the course of 2013," the company said.

In particular, MoPowered has signed successful multi-chain books retailer, The Works, which was now working with the group to strengthen its mobile commerce capabilities.

Additionally the fast-growing online fashion pure-play, Atterley Road, has signed up to MoPowered's software-as-a-service platform, in order to drive its sales through smartphones.

Since the start of the year, MoPowered has also extended its presence across a broad range of retail sectors including food and drinks, gifts and home improvements. Wins have come from all areas of MoPowered's marketing activities including a strong performance

Could this fall to 50p..?

Another tech wreck.

From 100p to 5p within a year.

StockMarketWire.com
Losses at MoPowered Group increased in the year ended 31 December 2014.

The company, which enables its clients, retail merchants, to benefit from the growth opportunities arising from the increasing levels of mobile commerce activity now that a significant proportion of internet traffic is driven through smartphone devices, made an operating loss of £5.5m (2013 loss: £3.6m).

Revenue was £1.1m (2013: £1.0m) and the loss after tax for the year was £5.2m (2013 loss: £3.6m).

The company gained 54 new clients in the period and in October placed 70m ordinary shares at 5p each to raise £3.5m (before expenses).

A cost reduction programme has been implemented.

Top performer well done all connections.

Hmmmmm......I'm not a holder and never have been, but 'well done' might be a bit hollow if holders have been in for a while. I can't see anyone buying in recently as the news gets worse every RNS, but maybe I'm wrong!