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

BRIEF-Optimal Payments says full-year profit $3.6M19 Mar 2013 - 07:09

LONDON, March 19 (Reuters) - Optimal Payments PLC : * Full-year profit before tax of $3.6M versus loss of $26.2M last year * Full-year revenue up 40% to $179.1M * Says expects to be in a position to consider m&a opportunities to further accelerate growth in 2013 * Source text: [ID:nRSS2908Aa] ((London Equities Newsroom; +44 20 7542 7717)) ((For more news, please click here [OPAY.L]))

Optimal Payments upbeat about US gaming after strong 2012
By Benjamin Chiou

Tue 19 Mar 2013

LONDON (SHARECAST) - Optimal Payments swung to a profit in 2012 after a strong year, saying it was upbeat about opportunities in the US gaming market in 2013.

The AIM-listed online payments provider reported a profit before tax of $3.6m last year, compared with a loss of $26.2m in 2011.

Earnings before interest, tax, depreciation and amortisation (EBITDA) surged by 58% from $17.5m to $27.6m over the year, with a whopping $16.4m of this recorded in the second half "which partly reflect seasonality within the business", the company said.

Revenues jumped 40% from $127.9m to $179.1m, driven mainly by the group's NETBANX Straight Through Processing (STP) division which delivered organic growth of 60%. This unit now accounts for over three quarters of group revenues with NETELLER Stored Value (SV) making the difference.

Optimal Payments said it is "well positioned" to tap into opportunities in the US gaming market as more states consider legalising online gambling. New Jersey legalised online poke and casino games just last month, while Nevada has made developments towards legislation as of late.

In October 2012, the firm signed a "ground-breaking" deal with Caesars Entertainment as the Las Vegas gaming group enters the US online poker market.

Joel Leonoff, President and Chief Executive Officer, said 2012 was an "excellent year" for Optimal Payments.

"Organic growth in revenues and EBITDA led to the group exiting 2012 with a strong run rate and, as a result, the group is well positioned for further growth in 2013. The group also has a number of exciting growth opportunities in 2013 including re-entry into the US gaming market and new innovative product developments particularly mobile."

Group cash by the end of the period stood at $57.9m (net of merchant cash), up from $44.1m in 2011.

Leonoff said that two thirds of the outstanding loans used to fund the acquisition of OP Inc in February 2011 have now been paid off. With the remaining loans expected to be settled in the next 12 months - along with trading momentum and strong cash generation - Optimal Payments will consider M&A opportunities to further accelerate growth in 2013.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20769002

MMs zigzagging their prices up/down/up/down so far but it feels to me like it will end the day nicely up ;o)

More press comment presumably to come..

A couple of large buys near the end today - at least it ended up 1p up. Wow can't wait for it to be £1 up.

Re my last post:- think we will have to wait a little longer - down it goes again.

Case of having to have nerves of steal with this one at moment. Yesterday was a nightmare but I rode it out.

Hope thos non farm pay rolls are good or weve had it............HEeeeeeeeeeeeeeelp

gf, I don't know what you mean by the "thos non farm pay rolls" - just wish I had sold when it got to £1.80 at a small loss. No point in wishing!!!!!

Mmmm!! Is Opay finally going to go places after all these years of waiting? Excellent profits and a good rest of the year forcast. Anybdys guess I suppose.

Typical isnt it. Your in and IM out . LOL.

Blame gardening yesterday, I was going to re- enter on technical grounds and the latest new from the US but was so knackered forgot to buy in. Sods Law.

Yes well, I have started eating cashewnuts I do not research technical grounds, did or have not seen any news from the US as yet, so thought from your other posts you had every faith in this Company. I seem to be the only peanut brain on here that has held for humpty dumpty years. Or perhaps the only fool to admit it. However good luck to me, if these go anywhere near where they should be I could be eating dry roasted, hahaha!!!! Carry on gardening.

Good luck 3m, have you a target price/break even price ?

Could have made £100 pounds today at one stage after years of waiting so In thought to myself hang on it that case, see what happens next. I think June could be a good start again for this one. Heavens knows but hey ho. This has got to make big time again. One has to believe this was Netellar and that was £10 per share whenst I cannot remeber when !!!!!! 15 years perhaps.

Good to see you in profit 3m

What you say DC Profit - Years and Years I don't think so. Research this one yourself and it may come into fruition. Not suggesting you fall by the wayside like RRL AND MYSELF, BUT MAY BE GOOD TO TAKE A LOOK AT. g.l.

I thought you said you could of made a £100 today. Sounds like the sp dropped back a bit ? I will be selling more than buying now.

Optimal Payments PLC (OPAY:LSE) set a new 52-week high during today's trading session when it reached 198.00. Over this period, the share price is up 157.75%.

Where are you comming from DC I have told you and everyone one this site that I paid £183- nearly £184 for these so what the hell am I making. How one could make whenst holding these for years is beyond me.

you paid £1.83 you mean, not £183 . Keep a close eye, as they are up over 150% in the last year. Good luck

Any thoughts on the sudden rise here - not that I am complaining - after 8 yrs of waiting patiently, in profit at last. Wondering if the gaming legislation in America is being/or about to be lifted. Just hope it goes back to Netellas days and I will be a very happy bunny, would help pay for the bio -degradable funeral I never got from Biome, haha!!!!!

You had this news a week ago 3m.


Optimal Payments announces European partnership

RNS


RNS Number : 1492N

Optimal Payments PLC

04 September 2013


Optimal Payments announces European partnership with Payline

Further extends NETELLER eWallet reach

London, 4th September 2013 - Optimal Payments Plc (AIM: OPAY) ("Optimal Payments"), a leading global online payments provider, today announces a strategic partnership to provide the NETELLER eWallet to Payline, the payment platform developed and operated in France by Monext.



The agreement means that the NETELLER eWallet will become a new payment provider to existing Payline clients such as Amazon.fr. The eWallet allows consumers to pay for goods and services securely over the internet in a wide range of industries. Since its launch in 1999, millions of consumers in over 200 countries have used the NETELLER eWallet payment service to transfer billions of dollars safely around the world.



The eWallet provides instant transfers, support for 19 currencies and 13 languages, marketing and loyalty programs, stringent identity, age and Know Your Customer processes, and low FX rates.



Lorenzo Pellegrino, VP Digital Development at Optimal Payments, commented: "This partnership is a further example of NETELLER's growing reach in Europe and we look forward to working with the Payline team to offer our trusted and secure payment system to their customers."



Didier Brouat, Head of Payline added: "We are proud to add the NETELLER eWallet to our payment services and enhance our offering to customers. This, along with other initiatives, is key to the growth of our operational features."