Net sales 105,9 MSEK (98,5) Growth in Norway and the Baltic states Growth in Rubberduck, Business Solutions EBITDA 11,5 MSEK (10,1)

Transcription

1 Aspiro AB: Second quarter interim report January June

2 Aspiro in brief Creates and provides mobile entertainment, business solutions and search services Market leader in the Northern European region Net sales 2007: SEK 404 m 150 employees Headquarter in Sweden Local presence in Norway, Denmark, Finland, Estonia, Latvia and Lithuania i Small cap company listed on the Nordic Stock Exchange in Stockholm Main stockholder: Schibsted (42,92% as of June 30) Market cap. 30 Jun: approx. 204 MSEK 2

3 Q2 in brief Net sales 105,9 MSEK (98,5) Growth in Norway and the Baltic states Growth in Rubberduck, Mobile Marketing and Business Solutions EBITDA 11,5 MSEK (10,1) Board decides on savings program, MSEK yearly 3

4 After Q2 Subsidiary Aspiro Søk (search services 1985 and 2100) sold for ca 170 MSEK (145 MNOK) to Opplysningen 1881 Transaction will be completed on 1 November 2008 Remaining shares in Mobile Entry acquired for 4,25 MNOK Rubberduck launched mobile-tv for Sonofon and MTV 4

5 Financial overview 5

6 Quarterly sales and profit OPPDATERES 6

7 OPEX MSEK Q2-07 Q3-07 Q4-07 Q1-08 Q2-08 7

8 Revenue per country and business area 8

9 Revenue mix by country MSEK Norway Sweden Denmark Finland Baltics Others 10 0 Q2-07 Q3-07 Q4-07 Q1-08 Q2-08 9

10 Comments to country Norway increase almost 17 percent year on year, and almost equally from Q1, due to TVNorge deal, seasonal changes and loyalty campaigns in search services in Q1 Baltic countries continue to show a positive development, stable from Q1 Sweden falls due to reduced revenues from operator portals and media partners Denmark has stabilized on a low revenue level, new opportunities in subscription services in Q3 Finland has stabilized on a low level 10

11 Revenue mix by business segments MSEK Entertainment Search Business Solutions Q2-07 Q3-07 Q4-07 Q1-08 Q

12 Mobile Entertainment Music and advanced games increase, ringtones and graphics decrease Launched new demos for games Decreased ringtone prices Launched new subscription concepts in Sweden Partner with Telenor Playground New regulations in Denmark make way for subscription in Q3 12

13 Business Solutions Large increase in revenues New deal with TVNorge started Growth segments Mobile Marketing and Rubberduck increase with 4,7 MSEK 13

14 Rubberduck Positive revenue trend continues, year on year increase from 3,3 to 4,8 MSEK New deal with operator Sonofon in Denmark, and MTV global Focus on technical innovation 14

15 Mobile Marketing Revenues 4,2 MSEK, increase from 3,2 in Q1 and 1,5 on startup t Q Affärsvärlden, Ny Teknik and Filmweb joined mobile marketing network Campaigns delivered in Q2 to Emi, Haribo, Canon, FN, Telia, Mercedes, DHL, Stena Line, SAS, Nordea, Viasat, Stabburet, DFDS, L Oreal, 1881, Fjordkraft, Byggmakker, Tine, Tns Gallup, Entercard, Netcom, Chess, Continental Airlines, Coop, Expert etc. 15

16 Search Services Revenues back on a stable level, from negative effect in Q1 by loyalty campaigns Subsidiary sold to Opplysningen 1881 for 145 MNOK (ca 170 MSEK) Transaction to be completed on 1 November

17 Q2 in brief ex Search Net sales 90,5 MSEK (83,7) EBITDA -3,3 MSEK (-0,2) Earnings after tax -5,3 53 MSEK (-1,6) 17

18 Priorities and outlook 18

19 Market Customer demand for value added services keeps rising with the increasing usage of sophisticated mobile handsets and the build-out of phone networks with higher speed and capacity Shift from traditional services to mobile TV, music and high-end games New value added services are expected to increase the market two- or threefold within the next five years Mobile business services are expected to increase substantially Mobile Marketing as part of media mix during adcampaigns increases 19

20 Priorities and Outlook Growth remains Aspiro s number one priority Growth areas include mobile music, mobile-tv, mobile marketing, billing and gateway services and advanced mobile games Aspiro excluding Search will increase profit through cost saving program and increased revenues and is expected to be profitable no later than Q

21 Largest Stock Holders as of 30 June Stockholder No. of Shares Holding (%) Schibsted Group 81,772, Orkla ASA 9,490, Investra ASA 8,000, SEB Enskilda ASA 4,987, Avanza Pension 3,901, Swebank Robur funds 3,990, Länsförsäkringar funds 3,256, Antech Alliance Inc 3,220, Friends Provident Int 2,771, DnB Nor Bank ASA 2, 386, Övriga ägare 65,762, Total 30 Jun ,538,

22 Reporting Schedule Interim report Q3, 7 November 2008 Year-end-report, February 2009 Annual report, April

23 Contact Gunnar Sellæg CEO Tel: Jostein Viksøy CFO Tel: Ann-Charlotte Svensson Head of Corporate Communications and IR Tel: +46 (0)