With video search set to be the next big growth area BLNX have the software the likes of Microsoft, Google and NewsCorp would love to have.

In fact BLNX have done deals with most of these, the most recent being the UtargetFox deal which has been reported in the USA but not RNS'd in the UK.

Alexa rankings confirm the continued growth in usage as its viral effect spreads:-

http://www.alexa.com/data/details/traffic_details/blinkx.com

The ITN RNS confirms blnx is the best in the market and is growing fast:-

Leading News Organization ITN Extends Advertising Deal with blinkx Based on Proven Campaign Success




blinkx Selected to Power Advertising across ITN Website and Syndication Partner Sites




SAN FRANCISCO, CALIF. - July 2, 2008 - blinkx, the world's largest and most advanced video search engine, today announced that it has won an extension contract that will augment the scope of its advertising partnership with ITN, one of the world's leading news and multimedia content companies. Under the terms of the new agreement, ITN will use AdHoc, blinkx's patented contextual advertising platform for online TV and video, to serve advertisements on the ITN website and its syndication partner sites, including Bebo.




Through AdHoc, ITN has already been effectively monetizing its premium news content on the blinkx.com network for over six months. During this time, ITN achieved a significantly better return, greater search volume, and higher monetization through blinkx than through other syndication partners.




AdHoc uses blinkx's patented speech-to-text transcription and visual analysis technology to understand video content more thoroughly and effectively than any other service today, and can therefore dynamically place the most pertinent advertising against it. The AdHoc platform offers media companies and advertisers a unique value proposition -- video advertising which combines the emotive power of TV promotion, with the relevance and utility of contextual search advertising.




The confluence of ITN's premium TV content, blinkx's extensive syndication network, and AdHoc's uniquely powerful targeting capabilities was a formula for success. By extending its partnership with blinkx, ITN aims to achieve similar returns by leveraging the AdHoc platform to deliver contextually relevant video advertising on its own website and across its distribution partner sites.




'We're thrilled to be broadening our relationship with ITN,' said Suranga Chandratillake, founder and CEO of blinkx. 'News content is one of the most popular categories of online video and there's clearly a tremendous opportunity for monetization. The success of our partnership with ITN is evidence that the blinkx AdHoc platform is a uniquely powerful solution for online video advertising today.'




'We've been delighted with the results of our partnership with blinkx and are looking forward to implementing the AdHoc technology on our site,' said Nicholas Wheeler, managing director, ITN On. 'blinkx AdHoc has proven that it can achieve significant monetization of our content, effective marketing for advertisers and, most importantly, a useful, non-disruptive experience for our audience.'




As a pioneer in video search technology, blinkx has built a reputation as the most effective way to search new forms of online content such as video. With more than 350 partners and 26 million hours of indexed video and audio content, including favorite TV moments, news clips, short documentaries, music videos, video blogs and more, blinkx uses advanced speech recognition technology to deliver results that are more accurate and reliable than standard metadata-based keyword searches.

Good news about the new target price Tabby :)

When business is bad you fire….when business is good you hire…we don’t seem to be doing so badly? lol

RNS Number : 5191C
Blinkx Plc
17 April 2013
blinkx Adds Award-Winning Product Visionary Trent Wheeler to Leadership Team
Media technology veteran joins blinkx as Senior Vice President of Product to drive product strategy and execution
SAN FRANCISCO, CALIF.- April 17, 2013 - blinkx, the Internet Media platform powered by CORE, the world's largest and most advanced video search engine, today announced the appointment of Trent Wheeler as Senior Vice President of Product. In his new role, Wheeler will be responsible for product strategy across blinkx, leading all product and technology teams to create a unified product vision, direction and management process.
"Trent has been developing innovative, award-winning software for over 14 years, delivering successful products for top video technology brands," said S. Brian Mukherjee, CEO of blinkx. "As we continue to expand our product offerings, I'm confident that Trent's unique blend of product management experience and background in media technology will be a tremendous asset to us, and will help accelerate growth."

Accelerate growth? ....Our growth is already turbo charged!

Wouldn't it be nice though to see good news result in the price going up ! Most annoying when it has the opposite effect .

HOT OFF THE PRESS HOW ABOUT THIS THEN LADS !!

blinkx plc

Trading Update



BLINKX EXPECTS TO REPORT FULL YEAR REVENUE AND PROFITS

AHEAD OF EXPECTATIONS



Schedules Financial Year End Results and Conference Call on 13 May, 2013



SAN FRANCISCO, CALIF. - April 24, 2013 - blinkx plc (LSE AIM: BLNX) today provides a brief trading update for the financial year ended 31 March, 2013.



Highlights



· Revenues for the year expected to be approximately $196 million, ahead of the previously upgraded range of $180 to $185 million, an increase of 71% from the year ended 31March, 2012

· Adjusted EBITDA is expected to be approximately $26 million, an increase of over 200% from $12.8 million for the year ended March 31, 2012

· Profit before tax, including one-time costs and amortization of purchased intangibles, is expected to be approximately $15 million, an increase from $1.9 million for the year ended March 31, 2012

· Basic earnings per share is expected to be approximately 4.4 cents, a 400% increase from 1.1 cents, for the year ended March 31, 2012

· Net cash at year-end is expected to be approximately $55 million an increase from $38.4 million for the year ended March 31, 2012



The outperformance during the financial year can be attributed to:

· Strong growth in the broader online advertising industry in general and the video advertising sector in particular

· An increase in advertising spend driven by two major events this financial year, namely the Summer Olympics and the US presidential year elections, which delivered a one-time boost to revenue

· The well-executed integrations of the acquisitions which have allowed the Group to expand the scale, scope and reach of blinkx's offerings



S. Brian Mukherjee, CEO of blinkx, commented, "This has been an exceptional year for blinkx. Widespread broadband adoption, proliferation of connected devices and the accelerating consumption of video content online continue to fuel the growth of the industry. This sector momentum, along with one-time events, strengthening fundamentals of the business and the effective integration of the acquisitions have been critical to our success and growth this year."



The Company expects to announce its audited financial results for the financial year ended 31 March, 2013 on 13 May, 2013.


The above represents management's views and opinions on preliminary results based on blinkx's expectations at the time of publication of this announcement. These results may be subject to revision as part of the analysis process and, at this stage, should be taken as indicative only. Information regarding preliminary results are provided as an aid to investors based on information available at the time of publication. Full results, including income statement, balance sheet, statement of changes in equity, cash flow statement and related notes will be published in May, 2013. All results, including those set forth above, are subject to financial review by blinkx's independent auditors and are considered preliminary and subject to change until publication of any such review or audit.

This press release contains references to adjusted EBITDA. This financial measure is not a measure that has any standardized meaning prescribed by IFRS and is therefore referred to as a non-GAAP measure. The non-GAAP measures used by blinkx may not be comparable to similar measures used by other companies.



Adjusted EBITDA is defined as Profit for the year attributable to equity holders of the parent before interest, taxes, depreciation, amortization, and acquisition and exceptional costs. Management believes that this measure is a useful supplemental metric as it provides an indication of the results generated by the Company's principal business activities prior to consideration of how the results are impacted by one time exceptional charges or how the results are taxed in various jurisdictions.


Forward-looking Statements

This announcement contains or may contain certain forward-looking statements with respect to certain of blinkx plans and its current goals and expectations relating to its future financial condition and performance and which involve a number of risks and uncertainties. blinkx cautions readers that no forward-looking statement is a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as 'aim', 'anticipate', 'target', 'expect', 'estimate', 'intend', 'plan', 'goal', 'believe', or other words of similar meaning. Examples of forward-looking statements include, among others, statements regarding blinkx future financial position, income growth, impairment charges, business strategy, projected levels of growth in its markets, projected costs, estimates of capital expenditure, and plans and objectives for future operations of blinkx and other statements that are not historical fact.



By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances, including, but not limited to, UK domestic and global economic and business conditions, the effects of continued volatility in credit markets, market-related risks such as changes in interest rates and exchange rates, the policies and actions of governmental and regulatory authorities, changes in legislation, the further development of standards and interpretations under International Financial Reporting Standards ("IFRS") applicable to past, current and future periods, evolving practices with regard to the interpretation and application of standards under IFRS, the outcome of pending and future litigation, the success of future acquisitions and other strategic transactions and the impact of competition - a number of which factors are beyond blinkx control. As a result, blinkx's actual results may differ materially from the plans, goals, and expectations set forth in these forward-looking statements. Any forward-looking statements made herein by or on behalf of blinkx speak only as of the date they are made. Except as required by the FCA, AIM or applicable law, blinkx expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this announcement to reflect any changes in blinkx expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based

Upgraded the upgrade....there's a shock. lol

SAN FRANCISCO, CALIF. - April 24, 2013 - blinkx plc (LSE AIM: BLNX) today provides a brief trading update for the financial year ended 31 March, 2013.

Highlights

· Revenues for the year expected to be approximately $196 million, ahead of the previously upgraded range of $180 to $185 million, an increase of 71% from the year ended 31March, 2012
· Adjusted EBITDA is expected to be approximately $26 million, an increase of over 200% from $12.8 million for the year ended March 31, 2012
· Profit before tax, including one-time costs and amortization of purchased intangibles, is expected to be approximately $15 million, an increase from $1.9 million for the year ended March 31, 2012
· Basic earnings per share is expected to be approximately 4.4 cents, a 400% increase from 1.1 cents, for the year ended March 31, 2012
· Net cash at year-end is expected to be approximately $55 million an increase from $38.4 million for the year ended March 31, 2012

The outperformance during the financial year can be attributed to:
· Strong growth in the broader online advertising industry in general and the video advertising sector in particular
· An increase in advertising spend driven by two major events this financial year, namely the Summer Olympics and the US presidential year elections, which delivered a one-time boost to revenue
· The well-executed integrations of the acquisitions which have allowed the Group to expand the scale, scope and reach of blinkx's offerings

Hello Tabby It looks like w both hit the send button at the same time. Let's hope that is what happens to the SP ! - Upwards of course .

A P/E ratio of almost 90. This still an over inflated bubble.

Don't forget how fast this fell just over a year ago. It went from 150p to 50p in a couple of days.

Guess who sold his yesterday at a small loss! Not too bothered, just irritated at my impeccable timing - again!

Yes it can be very demoralising to see them go up when you sell. Worse still when you buy back and see them go back down !

Hays - i don't doubt your figure, but i guess that is either historic or based on old info ..... to what does p/e fall on the new data?

Cynic, the figures on the Money AM site suggest a market cap of £236 million. $15 million should work out at a PE somewhere about 23.

I reckon Haystack must have lost his abacus somewhere along the line.

chess current sp makes market cap £320m their numbers are in US$'S please recalculate.

I was thinking $15 Million at $1.50 to be £10. million into £236 =23.6
However, £320 would make it about 32.

if there is any forward guidance forthcoming, i'ld expect even that p/e to drop quite significantly

i cant buy this
not sure why as everything seems so good it seems to be too good to be true so i really should.but i shan't.
cant explain. i just cant put my finger on it . something seems not to be quite
right at the moment, might be later. but not at moment, for me that is.
as an existing holder,which i am not, i may take a different view
just my opinion
please all dyor
and good luck to all holders
regards
jkd

Unbelievable postings imo above - just take a look at the rate of growth - look at the market they're in - look at the multiples such companies normally tade at - imagine the price were ths US listed

ie it is imo very very cheap at this price - not ludicrously expensive as the above postings imply !

Joe…old JKD is not that keen on tabasco being correct…come to that..he is not that keen on tabasco at all….when my holding hit that extra magical digit yesterday…the mistral had to start blowing…take no notice.........He probably thinks Blnkx sell eye drops?

As for Haystack with his abacus…. is there any wonder he singlehandedly closed the tote…the guy is a fruitcake?

tabby - only start crowing when sp truly starts motoring for otherwise there is danger of another crower depositing large quantities of egg and worse on your face :-)

you will no doubt recollect that you suffered that indignity when sp collapsed from about 150 to about 60 say 18 months ago .... rationalise about that all you like

Cynic…almost 80% of my holding…my core holding is in for 12p….i suffered zero indignity….MM's missed the boat?

This will almost certainly be many multiples of today’s price…and you wont have long to wait….I have hammered two stocks over the last three years…this beauty is head and shoulders above those two…stick with Tabasco…you know he knows best…he is a very lucky boy…

OK….before you say MDX….longgggggggggg gone and long forgotten….i needed thjat one to be honest!!....Gold gets heavy if you carry it to long?

sorry tabby, but shares are not for sticking in the drawer and forgetting about ..... rationalising, as indeed i knew you would, is badly flawed ..... hindsight clearly shows that you should have sold (banked the profit on) at least part of your holding when the shares started misbehaving and perhaps re-bought later on