jeffmack
- 08 Jul 2008 16:08
Had these on my watch list when they were tipped in a newspaper a couple of months ago at about 1.20.
Todays fall looks a bit overdone so I have bought a few at 57p
HARRYCAT
- 02 Aug 2011 07:41
- 25 of 106
StockMarketWire.com
MoneySupermarket.com Group PLC the price comparison website, has announced its interim results for the 6 months to 30 June 2011 showing total adjusted revenue of 88.7m (2010: 71.6m)
UK internet revenues were 24% ahead of the same period last year and adjusted EBITDA was up 27% at 23.0m (2010: 18.1m); adjusted gross margin stable at 71.4% (2010: 71.4%).
The company reported cash balances of 32.2m (2010: 28.3m) at the period end. The Group remains highly cash generative, converting 82% of adjusted EBITDA to cash
The Interim dividend increased by 15% to 1.5p per share with a special dividend of 20m, or 3.93p per share announced.
According to the company the growth this year has been driven by continued structural growth in online markets and targeted investment in technology and brand building improving conversion.
Peter Plumb, MoneySupermarket.com Chief Executive Officer, said:
"MoneySupermarket.com has had a great six months. We have seen strong trading momentum through the period and delivered double digit growth in both revenue and profits, driven by our investment in our brand and technology."
HARRYCAT
- 02 Aug 2011 13:48
- 26 of 106
Ex-divi 17th Aug '11
HARRYCAT
- 09 Nov 2011 09:59
- 27 of 106
StockMarketWire.com
Moneysupermarket's financial performance in the third quarter show internet revenues and EBITDA for the third quarter 14% and 25% ahead, respectively, of the same period last year.
Visitors to the Moneysupermarket.com website were 3% ahead of the same period last year with visitors increasing across the Money, Insurance and Home Services verticals while Travel reduced marginally.
Revenues in the Money vertical were 8% ahead of Q3 2010 on visitor volumes that were 12% higher. Within this, trading was strongest earlier in the quarter, with September's year-on-year performance impacted by a strong September 2010.
Revenues from credit products (credit cards, loans, mortgages and debt solutions) were 8% ahead of the same period last year. Weakness in credit card revenues from lower visitor volumes were more than offset by strong growth in loans, particularly unsecured loans, where improved conversion and product availability significantly helped raise revenue per visitor.
Revenues from non-credit products, which include savings, current accounts and advertising revenues, improved by 8% driven by growth in savings and current accounts.
Insurance revenues were 15% ahead, and visitor volumes 3% ahead, of the same period last year.
Revenues in travel were 11% down on Q3 2010 on visitor volumes that fell by 4%. Trading continues to be challenging across the travel business with consumers managing their discretionary spending tightly.
Home Services revenues were 107% ahead of Q3 2010 and visitor volumes increased by 4%. Utility switching volumes, which account for the greatest part of Home Services revenues, were stronger than the same period last year reflecting continued cost increases in the domestic energy market.
Cash conversion continues to be strong. At 31 October 2011 the Group had net cash of 18.7m, reflecting the payment since the half year of the interim dividend of 7.7m together with the special dividend of 20m; corporation tax payments on account of 6.9m; and 1.0m relating to the acquisition of 51% of Local Daily Deals Limited.
HARRYCAT
- 11 Jan 2012 08:37
- 28 of 106
StockMarketWire.com
Moneysupermarket.com expects full year revenues to be up circa 20% year on year at around £178 million (2010: £148.9m) and adjusted EBITDA to be around £49.5 million, an increase of approximately 21% (2010: £41m).
The Group continued to trade well in the fourth quarter, with revenues up 19% year on year, supported by higher levels of marketing spend.
Revenues and EBITDA therefore each increased by around 16% in the second half compared to the same period in the prior year.
The Group financial position remains strong. As at 31 December 2011 the Group had cash balances of £34.9 million and was debt free.
goldfinger
- 09 Feb 2012 09:38
- 29 of 106
Gone SHORT on Technical grounds. Looks
range bound and is heading towards base of
range. Target 90p.
HARRYCAT
- 18 Apr 2012 08:24
- 30 of 106
StockMarketWire.com
Moneysupermarket's financial performance in the first quarter was in line with the Board's expectations.
Internet revenues and EBITDA for Q1 were respectively 14% and 12% ahead of the same period last year.
Visitors to the Moneysupermarket.com website were 15% ahead with visitors increasing across the Money, Insurance and Home Services verticals while Travel visitors were 11% lower.
The Group continued to be cash generative and as at the end of March 2012 had cash balances of £36.6m.
HARRYCAT
- 01 Jun 2012 09:17
- 31 of 106
StockMarketWire.com
MoneySupermarket.com has conditionally agreed to acquire MoneySavingExpert as a going concern from founder Martin Lewis, for consideration of up to £87m.
MoneySavingExpert operates one of the UK's leading personal finance and personal finance journalism websites which was established in 2003 by personal finance journalist Martin Lewis.
According to Google Analytics, the MoneySavingExpert website attracted approximately 39 million unique visitors and approximately 277 million page impressions in the year ended 31 October 2011.
In the year ended 31 October 2011, MoneySavingExpert reported revenues of £15.773 million (2010: £11.361 million) and EBITDA of £12.642 million (2010: £8.379 million).
HARRYCAT
- 22 Jun 2012 12:02
- 32 of 106
Citigroup note:
"Moneysupermarket’s (MONY) shares have drifted back over concerns around the launch of Google’s new service. Further, while the MSE acquisition is clearly complex, we estimate it should be c.16% accretive to our FY13E numbers. This combined with a 10% fall since the end of April leads us to upgrade the shares to Buy (Neutral), 145p target price unchanged.
Competitive market but immature: The launch of the Google price comparison engine (leveraging Beatthatquote) has added another player into a competitive market. That said, we continue to believe that many of the MONY’s markets remain immature which is born out by double digit growth rates in online/new switchers in Savings and Loans over the past 3 years. It is too early to establish if Google can gain traction but we believe the immaturity of the market should enable MONY to continue to grow well.
MSE transaction financially sound but strategically complex: We estimate the MSE transaction is accretive, our EPS estimates post completion should move to 7.8p, 9.5p and 10.5p (i.e.16% accretive in 2013E – first full year). Further, while we understand the opportunity to drive more content direct to site and for MSE to leverage MONY’s partner relationships the challenge will be maintaining the perception of MSE’s independence in the eyes of its other customers and 5m email subscribers.
Valuation remains attractive: Following their fall, MONY’s shares are increasingly attractively valued in our view, particularly if we include the MSE acquisition which we expect to complete in September (post OFT approval). Further, having made a good start to the year, we expect the H112 results to be robust, meaning we continue to see upside to estimates for FY12. With the shares on 14.7x 2013E EPS (12.7x on a proforma basis) and a dividend yield of 5%, we continue to see good upside and so upgrade the shares to Buy (Neutral), our DCF derived TP remains unchanged at 145p.
HARRYCAT
- 27 Jun 2012 15:02
- 33 of 106
Anticipated acquisition by Moneysupermarket.com Group plc of the business of moneysavingexpert.com
The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom.
HARRYCAT
- 05 Jul 2012 12:21
- 34 of 106
StockMarketWire.com
Shareholders in Moneysupermarket.com Group have voted at an EGM to approve the proposed acquisition of the MoneySavingExpert business.
The vote was overwhelming with 99.98% of shareholders in favour of the resolution.
HARRYCAT
- 11 Jul 2012 08:04
- 35 of 106
StockMarketWire.com
Moneysupermarket.com, the UK's leading price comparison site, had half year revenues of around £102m in the first six months of the year, which is 15% ahead of the same period last year.
Group trading in the second quarter remained good and this period included the sponsorship of Britain's Got Talent.
The Board anticipates results to be in line with expectations with adjusted EBITDA at approximately £28.5m, 24% better than in the first six months of 2011.
The company says that its financial position remains strong with cash balances at 30 June 2012 of £36.7m.
HARRYCAT
- 26 Jul 2012 08:53
- 36 of 106
MoneySupermarket.com Group PLC announces its interim results for the 6 months to 30 June 2012.
Financial highlights
· Adjusted revenue increased by 15% to £102.2m (2011: £88.8m).
· Adjusted EBITDA increased by 25% to £28.7m (2011: £23.0m).
· Adjusted gross margin improved to 71.7% (2011: 71.4%).
· Cash balances of £36.7m (2011:£32.2m) at 30 June. The Group continues to be highly cash generative, and converted 106% of EBITDA to cash.
· Interim dividend increased by 20% to 1.8p per share.
Operational highlights
· Market-leading position and share maintained in competitive marketplace.
· Continued structural growth in our online markets and targeted investment in technology and brand building helping to improve conversion rates.
· Marketing investment +8% with adjusted revenues +15%:
o New TV campaign introduced £1,000 household savings message.
· Digital investment is already benefiting the business:
o Internal team of over 50 people continues to improve SEO (unpaid 'natural' search). SEO revenue +29%.
· Proposed acquisition of MoneySavingExpert.com (MSE) for up to £87m approved by shareholders subject to OFT approval:
o Trusted MSE website, Forum and Newsletter (received by 5m users) performing well post announcement of acquisition.
Outlook
Trading in July has been in line with expectations with revenues approximately 10% ahead of the same period last year. The Board remains confident in the prospects for the full year.
HARRYCAT
- 19 Sep 2012 12:58
- 37 of 106
MoneySupermarket.com Group PLC - Proposed Acquisition of MoneySavingExpert
19 September 2012
Moneysupermarket.com Group PLC (the "Company") confirms the satisfactory completion of the UK merger control process in respect of its proposed acquisition of MoneySavingExpert ("Acquisition").
The two principal conditions for completion of the Acquisition have now been met. The Company expects the Acquisition to complete on 21 September 2012."
HARRYCAT
- 31 Dec 2012 08:50
- 38 of 106
StockMarketWire.com
Moneysupermarket.com confirms that with effect from 31 December 2012 David Osborne has ceased to be a director of the Company.
HARRYCAT
- 11 Jan 2013 09:27
- 39 of 106
StockMarketWire.com
Moneysupermarket said it expects its full-year adjusted revenues to rise 15% to £204.5 million, with adjusted EBITDA up about 26% to £66 million, after a satisfactory fourth quarter.
The results included contributions from MoneySavingExpert.com, which was acquired in September last year. It contributed about £1.8 million to revenues and £2.8 million to adjusted EBITDA.
Of the fourth quarter, Moneysupermarket said revenues were about 18% of the same period in 2011, and excluding MoneySavingExpert.com they were up about 14%.
"Revenue in savings was impacted by lower competition among banks for retail deposits, many of which sought low cost funding from the Bank of England's 'Funding for Lending' scheme rather than from retail deposits," the company said.
"Group EBITDA was more than 30% ahead of the same period last year. Excluding MoneySavingExpert.com, Group adjusted EBITDA rose slightly ahead of revenues," it said.
Moneysupermarket will include about £10.6 million from HMRC in its 2012 accounts. The money was related to HMRC's BAT recovery method.
It has also written down its investment in Financial Services Net Limited, but trading had been impacted by the lower importance of such direct match names in natural search algorithms.
"Consequently the Group will recognise an impairment charge in the region of £4.2m in its financial statements which has not been included in calculating adjusted EBITDA above."
HARRYCAT
- 11 Feb 2013 16:12
- 40 of 106
Almost back to a five year high!
HARRYCAT
- 05 Mar 2013 07:42
- 41 of 106
Moneysupermarket.com Group PLC preliminary results for the year ended 31 December 2012
Financial highlights
· Adjusted revenue increased by 15% to £204.8m (2011: £178.5m);
· Adjusted EBITDA increased by 26% to £66.5m (2011: £52.5m);
o Adjusted EBITDA margins increased by 3% to 32%;
· Adjusted gross margin increased to 74.1% (2011: 71.9%);
· Excellent cash conversion - 97% of EBITDA converted to cash;
· Cash balance of £18.7m (2011: £35.0m) at the year-end reflecting the acquisition of MoneySavingExpert.com; the Group is debt free;
· Dividend increased by 27% to 5.74p;
o Final dividend increased 30% to 3.94p per share (2011: 3.03p);
· £10.6m (2011: £nil) net credit in statutory profit following agreement of new VAT recovery method with HMRC;
o Credits of £4.5m and £1.9m recognised for 2012 and 2011 respectively, in lower irrecoverable VAT charge.
Operational highlights
· Market leading position and share maintained in competitive market place;
· Continued structural growth in our online markets and targeted investment in technology and brand building helping to improve conversion rates;
· Marketing investment (offline and online) up 4% with adjusted revenue up 15%;
o Digital investments made benefitting the business.
o New TV campaign launched introducing £1,000 household savings message.
· Acquisition of MoneySavingExpert.com (MSE) for up to £92.5m completed on 21 September 2012;
o Initial payment of £65.5m; deferred consideration up to £27.0m;
o Strong trading since acquisition.
Outlook
Group trading including MoneySavingExpert.com has been solid in the first two months of the year. Revenue was up 11% and EBITDA up more than 30% against the same period last year.
Within MoneySupermarket most areas of the business continue to make good progress, with the exception of our Savings channel which continues to be significantly impacted by the Government's Funding For Lending scheme. MoneySupermarket's EBITDA to date is ahead of last year and in line with management's expectations, with margins continuing to be healthy, albeit reflecting a number of investments we are making in the business. MSE trading has broadly reflected that seen within MoneySupermarket.
Despite the slowdown in Savings, the buoyancy of the Group's other revenue streams mean that our expectations for the Group for the year remain unchanged.
HARRYCAT
- 17 Apr 2013 08:19
- 42 of 106
StockMarketWire.com
Moneysupermarket.com's first-quarter performance was in line, it said, with revenues and EBITDA up, respectively, 13% and 31%.
The company said trading in the first weeks of the second quarter was in line with the trends seen in the first three months, and that it was confident in its outlook.
"The board's expectations for the year remain unchanged," it said.
Group administrative costs were in line with the run rate in the second half of 2012, whilst distribution costs were broadly in line with the first quarter 2012.
Excluding the contribution from MoneySavingExpert.com Group revenues and EBITDA for the first quarter were 10% and 11% ahead of the same period last year, respectively. Visitors to MoneySupermarket.com were 8% ahead of the same period last year.
Trading in the first weeks of the second quarter has been in line with the trends seen in the first quarter of the year.
The Board remains confident in the outlook and overall the Board's expectations for the year remain unchanged.
HARRYCAT
- 05 Jun 2013 08:18
- 43 of 106
StockMarketWire.com
MoneySupermarket.com said group performance remains in line with the boards expectations and that group revenues are up more than 10% year to date.
Having reviewed its performance, MoneySupermarket.com has decided to pay a special interim dividend of 12.92p per ordinary share.
"The special interim dividend is being used to return funds to shareholders and reflects the Board's confidence in the ability of the business to generate cash on an on-going basis," it said
HARRYCAT
- 10 Jun 2013 08:12
- 44 of 106
Moneysupermarket.com Group PLC [MONY] ex-divi 12th June '13 (12.92 p)