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

Good Luck to you to - new bern NC.

10 Feb 2014 Optimal Pay OPAY Numis Buy 424.38 425.00 500.00 500.00 Reiterates

500p SP TARGET

A nice finish to the day, roll on £5 or am I being greedy? My friend would be very pleased to see the £5 mark even to be able to sell out at what she gave. mmmm!!!!!

With changes to US legislation on gambling it could continue on the same trajectory.

Another nice finish, can it hold at this I ask myself.

The recent pullback has only helped to consolidate in my opinion, so remain bullish for continue growth here.

A nice finish to the week.

Best day for a while.

March on £5.

Don't get me to excited - it would be nice though.

Of all days they would have to declare it today but never mind going forward a big positive........

http://www.investegate.co.uk/optimal-payments-plc--opay-/rns/launch-of-new-neteller-service---net--card-in-u-s-/201403030700243118B/

Broker Note worth a read......... Edisons freebies.

Through £5 barrier. Broker note must have helped.

Quite exciting, I thought yesterdays news was good unless I have missed something. How does one get Broker note, gf?

3m Well ive lifted it from across the road but you can sign up for free to this broker just takes a couple of minutes. Send you their notes to your e-mail box each morning.......

www.edisoninvestmentresearch.com

http://www.edisoninvestmentresearch.com/research/company/optimal-payments

Thanks gf.

What a fantastic finish - my friend has to get to £5.21 but she is doing well with BDEV and GWP which I haven't got. Think a glass of wine is in order.

Well done 3m.

Thanks dc - crumbs I need it.

Optimal Payments changes FY results date
26th February 2014, 13:16

Optimal Payments - a leading provider of online payments - has brought forward the date of its 2013 full year results from 31 March to 28 March.

Cheers gf they said that last week. Have you been away or hibernating like the hedgehog in my garden which I found in a rat cage today. Fortunately it was well fed on pea nut butter and walked away. Opay/netellar is going places like it was before it hibernated 8 yrs ago - I hope. Gl