mactavish
- 10 Sep 2004 22:20
Company Profile
YooMedia plc is one of the fastest growing interactive entertainment companies in the UK.
Since 1997 we have been developing and launching leading B2C consumer brands in the gaming and community sectors. We also work in a B2B capacity with leading brand owners, agencies, content developers and broadcasters to design and develop their interactive content strategies.
Led by Executive Chairman Dr. Michael Sinclair and Group Managing Director Neil MacDonald, YooMedia has assembled a highly experienced management team that possesses a unique blend of skills and experience in the areas of Digital TV, Internet and mobile phone services and technology.
With main office locations in London, Exeter and Maidstone, YooMedia manages core assets including:
Over 30 office locations throughout the UK alone
State-of-the-art studio, production and post-production facilities at our Wapping location.
UK broadcast return path & bandwidth owner
Fully fledged UK Bookmaker License
Database with over 350K UK singles
SMS Engine access with international reach
Fully staffed 50 seat Customer Contact Centre in Maidstone, Kent
YooMedia Dating & Chat - Our dating subsidiary company manages the oldest and largest UK-owned dating brands including Dateline, Club Sirius and Avenues. YooMedia Dating has over 20 office locations throughout the UK and also manages YooChat, our world-leading interactive chat service found on UK digital cable on the Telewest platform (platform extensions planned for 2005).
YooMedia Gambling & Games - Combining the brands of Avago and Channel 425 (in partnership with William Hill) YooMedia is on the leading-edge of interactive fixed odds, casino and poker gambling services for digital TV, the web and 3G mobile phones. Our gaming business also manages YooPlay, the only interactive just for fun games channel found on all four Digital TV platforms in the United Kingdom.
YooMedia Enhanced Solutions (YES) - YES works with brand owners, agencies, content owners and broadcasters to clarify the options, define the strategies and deliver the interactive content that enhances consumer and audience experiences. YES customers include the BBC, Nestle, Celador, William Hill, Channel 4, ZipTV, The Cartoon Network and HR Owen.
moneyplus
- 04 Apr 2005 15:26
- 977 of 3776
Great news and very satisfying to all who kept faith with the company and it's prospects. Give it a while for the tip sheets and city boys to wake up--IMO we have a few weeks to accumulate--then up and away!! cheers MP
mactavish
- 04 Apr 2005 15:34
- 978 of 3776
Dr Michael Sinclair, chairman of YooMedia plc, said: "This acquisition
consolidates our position in gaming and through Via Vision's work with Game-In
TV we gain crucial exposure to the poker market. It enables us to apply our
interactive media and mobile skills to poker, which is one of the fastest
growing content plays in our industry."
016622
- 04 Apr 2005 16:31
- 979 of 3776
well that was worth waiting for
moneyplus
- 04 Apr 2005 17:16
- 980 of 3776
Added a few more today-will continue as cash comes available. Took losses on RGO and Orca both good tips by GF but gone to sleep so might as well cut and run!
chad
- 04 Apr 2005 17:17
- 981 of 3776
Has todays news been totally overlooked or what? Where's all the volume?
iPublic
- 04 Apr 2005 17:20
- 982 of 3776
chad
No volume without broker note, institutions will not buy blind and sheep retail will only buy in droves, when share is rising on volume, not when SP is static. Not long to wait now! Everyone could buy at once!
Would not be surprised to see forecast profit of 10m 2006, considering loss 2004 24m, to EBITDA positve March 2005, an amazing turnaround and must continue with management forecasting a profitable 2005.
chad
- 04 Apr 2005 17:34
- 983 of 3776
thanks for that iPublic.
iPublic
- 04 Apr 2005 19:18
- 984 of 3776
24m 2004 loss, to EBITDA positve in March is stunning!
6M cash in bank, + 4m banking facility - 0.6m net current liabilities.
Strong organic revenue and profit growth from this day forward.
Management had originally identified #2.0 million of annualised synergies
resulting from the acquisition of DITG. This estimate has now been revised to
#4.2 million. Of this amount, annualised cost savings of #3.6 million had been
realised by the end of the first quarter of 2005.
Within the Digital Solutions Division revenues have doubled since September 2004
whilst margin has grown by some 400%.
In the period since 30 September 2004 our gaming division has seen 50% growth in
monthly revenues on a like-for-like basis and a substantially improved gross
margin.
If I had any more money, I would buy!
A Ruthies Fund
- 04 Apr 2005 19:29
- 985 of 3776
iPublic
You and me too...what can I sell?
Ruthie
iPublic
- 04 Apr 2005 19:34
- 986 of 3776
LOL
I had better not answer that!
A Ruthies Fund
- 04 Apr 2005 19:37
- 987 of 3776
iPublic
Ooops! Thanks for your discretion.
Ruthie
iPublic
- 04 Apr 2005 21:17
- 988 of 3776
Via Vision can now offer a revolutionary broadband multicast product that allows companies to broadcast a live television channel over the Internet to all broadband users in the U.K. The new multicast technology allows companies to broadcast to an unlimited number of consecutive viewers 24hrs and day, 7 days per week for a fixed monthly cost.
Come on everyone, wake up! Not long ago the 'weak ones' were fretting over the future on digital, in the face of 'broadband tv' over the internet. Well the above, combined with the ICTV agreement means YOO in Broadband TV, in a big way!
Digital and Broadband TV - Yoo can have it all with YOO!
iPublic
- 04 Apr 2005 21:40
- 989 of 3776
http://www.ateonline.co.uk/default.asp?showid=5&pageid=33&pressreleaseid=6313
Avago operator The Gaming Channel has signed the first in a flurry of third-party deals that will see it providing its interactive TV gambling technology to digital channels in the first quarter of the new year. Game In TV, owned by digital media group Viavision, has become the first customer outside The Gaming Channel stable to license its portfolio of iTV gambling services.
Damian Cope, Gaming Channel MD, said Game In TV was the first of 10 channels that would add its iTV gambling services within the next couple of months, the majority of which are existing TV channels. Game In TV is using own-branded Avago-style iTV games, including roulette, fruit machines and virtual horseracing, pioneered by sister channel iSportsTV.
"Damian Cope, Gaming Channel MD, said Game In TV was the first of 10 channels that would add its iTV gambling services within the next couple of months, the majority of which are existing TV channels."
Excellent, now I can partly see where the doubling of revenues for Yoomedia Solutions came from, since September. Margins up a staggering 400%!!!
queen1
- 04 Apr 2005 21:59
- 990 of 3776
I have never known a share like this. It has had so much good news and all the price has done is drift lower. And today's statement was excellent, relative to past performance and the sp surged ahead by a whole half pence. Wow. Not sure I can stand the excitement.
moneyplus
- 05 Apr 2005 01:33
- 991 of 3776
I shall keep adding at bargain prices while I can! It seems to me some of those City boys are none too bright and only wake up when the tip sheets start raising awareness. Present company excepted of course---keep accumulating!!
A Ruthies Fund
- 05 Apr 2005 09:42
- 992 of 3776
moneyplus
The City boys must be comatose!! YOO, NLR, GMC, SEO all sitting on excellent news and sp's drifting? Y/E blues?
Ruthie
moneyplus
- 05 Apr 2005 12:26
- 993 of 3776
I agree and feel confident my money invested will pay off rather than go down the pan. I am in all those shares- patience is needed-definitely year end blues!
EWRobson
- 05 Apr 2005 13:14
- 994 of 3776
Agree with you, girls, except that it is probably year-end reds! Man United and Arsenal shirts have the same effect on me. Pity I came out of Newcastle United - in a class of their own on the financial field, if not the football field.
I am wondering when we are going to see an Evolution forecast. It should be interesting. According to the prelims, YOO is trading at 8m+ per month and moving into positive cashflow; also revenue is increasing quite rapidly although we don't know the rate. The Gaming Group turned over 5m (consolidated accounts) in September 2004 so the growth rate is not that great. It also means that gambling/gaming is two-thirds of revenue and that has a high cost of sales. If the annualised figures this year bring revenue of 120m, however, you could see pbt of 10m and that would be a pe of around 7, depending on the shares cap. assumed. We really need a substantive forecast - no need for Evo to be reticent!
Eric
mactavish
- 05 Apr 2005 13:41
- 995 of 3776
According to my information the research note is finished and possibly be out tomorrow morning.
chad
- 05 Apr 2005 14:06
- 996 of 3776
Nice.