This company has gone through a pretty torrid time since it was floated on AIM in 2006 at 24p. Is it out of the woods yet, I don't know, but some sort of recovery appears to be underway so I thought I would start a thread for interest. As always, please dyor !

www.zamano.com

Thank you skinny, a lot of interesting reading there !:-)

Interim Management Statement

Dublin, 6 August 2014: zamano plc (AIM:ZMNO, ESM:ZAZ), a leading European provider of interactive applications and services to mobile devices, today issued an Interim Management Statement in conjunction with its Annual General Meeting ("AGM") which is taking place at 11.00am at the Conrad Hotel, Earlsfort Terrace, Dublin 2.

Business Update

At the time of its 2013 full year results announcement on 6 March 2014, zamano announced that it had performed solidly in 2013, delivering growth in EBITDA, operating, pre and post-tax profit, despite a challenging operating environment impacting on revenue. This performance was achieved through strong focus on revenue diversification, cost control and cash generation and, in the circumstances, was a significant accomplishment for the business.

zamano has maintained each of these disciplines and is pleased to announce that it recorded a material increase in revenues during the first half of 2014 compared to the second half of 2013. This is mostly as a result of increased UK sales as well as achieving sales levels in Australia significantly ahead of H2 2013 due to the successful development of a strategic campaign with new mobile advertising partners. In Ireland, Messagehero, our new messaging product targeted at the SME and Enterprise market, continues to be refined in accordance with market demands.

zamano is working closely with the UK regulator, Mobile Network Operators, Industry bodies and other Aggregators which culminated in the development and publication of the AIME (Association for Interactive Media and Entertainment) affiliate marketing Code of Practice, released 20 June 2014.

As previously announced, Ross Conlon was appointed Chief Executive Officer during January 2014 with responsibility for the continued strategic development of zamano including positioning zamano to capitalise on the buoyant overall market environment for web and mobile commerce products and services.

In this regard, the Group is now focused on identifying acquisition, investment and joint venture opportunities in the UK and Ireland in order to accelerate the development of the business. The Group has focused on opportunities in mobile media, payments, messaging and related products during the period ended 30 June 2014 and is actively pursuing a number of such opportunities, any one of which, if concluded, will diversify zamano's product base.

Finally, as the new strategic direction and focus of the business takes shape, zamano is intending to increase its level of investor relations engagement. This process commenced with the roll-out of the Company's new website (www.zamano.com) which provides an overview of zamano's current capabilities.

- Ends -

Share price looking perky following that positive RNS.

Ticking up.

Interim Results for the six month period ended 30 June 2014

Highlights

· Sales of €8.718M (H1 2013 €9.019M) which was significantly ahead of the H2 2013 outcome of €7.015M.

· Gross profit for the period of €2.380M (H1 2013 €2.528M) reflected a healthy gross margin of 27.3% (H1 2013 28.0%). Although down slightly compared to the corresponding period last year, the small decline in margin is due to the alteration by zamano of its business mix in the UK.

· EBITDA of €1.218M (H1 2013 €1.421M) which is 2.5% ahead of the H2 2013 EBITDA of €1.187M.

· zamano has benefited from lower finance/interest costs during the first half of this year and as a result, both profit before tax of €0.964M (H1 2013; €0.984M) and profit after tax of €0.873M (H1 2013; €0.858M) effectively matched those recorded in H1 of the previous year.

· zamano continued to strengthen its balance sheet position, with cash at 30 June 2014 at €2.973M (€2.262M at 30 June 2013). The cash balances at 30 June 2014 adjusted for the increase in trade debtors are €3.758M, which comprise of balances due from mobile network operators.

Interim Management Statement

RNS

RNS Number : 5129A
Zamano PLC
22 December 2014
 


Zamano PLC
22 December 2014
 
 
zamano plc
 
Interim Management Statement
 
Zamano (AIM: ZMNO | ESM: ZAZ), the mobile payments and marketing company, today announces that it is now an approved direct carrier billing partner with Vodafone Ireland  and has successfully connected to Vodafone Ireland for Direct Operator Billing / Carrier Billing.  Zamano will now develop the required platform infrastructure to allow merchants to sell goods directly to Vodafone Ireland customers and process payments via direct carrier billing provided by zamano.  Vodafone Ireland represents approximately 43% of the mobile market in Ireland and zamano is in ongoing discussions with other network operators.  Zamano sees the development of our Direct Carrier Billing offering as a natural evolution to our business model.

In addition, Zamano's core business which is based on bulk SMS and SMS payments continues to perform well in a very competitive and highly regulated market resulting in ongoing growth in both revenues and profitability compared with prior year.  Zamano continues to look for opportunities to buy businesses on sensible valuations that are synergistic with our core assets and skills. 
 
Ross Conlon, CEO of Zamano plc, commented "Getting direct connections to Mobile Networks Operators' carrier billing systems is a key objective for the group. We are currently negotiating with other operators and look forward to getting other connections fully established in the near future.  We believe that user experience will win out with respect to payments on Smartphones.  Our strategy will be to build an Application Programming Interface (API) around our platform to enable our customers to access simple mobile payment systems.

Looking perky following the late RNS yesterday.

Thought I'd drag out this old thread and resurrect it. I hold a few of these, it's currently awaiting news of a possible offer at around the 14p level. Regardless of the possible offer, the company has been doing well, has plenty of net cash on the balance sheet, and looks very undervalued. Probably too small to attract much attention other than from PIs. Any other holders around?