ANEVIA (EPA:ALANV) Anevia : FY 2017 revenue: €12.6 million (+9%)

Transparency directive : regulatory news

31/01/2018 17:57

PRESS RELEASE

GENTILLY, 01/31/2018

FY 2017 revenue: EUR12.6 million (+9%)

* Strong acceleration of growth in Telecom business in H2 2017 (+53%)
* Renewed sales momentum for the Enterprise business

Anevia, a leading provider in OTT and IPTV software solutions, has reported its
revenue for the second half of 2017 and the full year 2017.

French GAAP,        1st half                 2nd half               Year
in EURM      H1 2016  H1 2017   Chg.  H2 2016  H2 2017   Chg.  2016  2017 Chg.

Telecom          3.2      3.8   +19%      3.8      5.7   +53%   7.0   9.5 +37%
Enterprise       2.5      1.6   -39%      2.1      1.5   -28%   4.6   3.1 -34%
TOTAL            5.7      5.3    -7%      5.9      7.3   +24%  11.6  12.6  +9%

(1) 2017 data not audited

Anevia's revenue amounted to EUR12.6 million in 2017, a 9% increase compared to
2016. Since 2015, Anevia has posted annual average growth (CAGR) in revenue of
+18%.

ACCELERATION OF GROWTH IN TELECOM BUSINESS IN H2 2017: +53%

The strong performance posted in the first half by the Telecom business
accelerated in the second half with a +53% growth in revenue for the period. In
total, the Telecom business was up +37% to EUR9.5 million in 2017 - a
particularly strong performance given that Anevia had already achieved
double-digit growth in 2016.

Business was very strong in the second half of the year, marked by new
contracts with several leading operators internationally, in the United States,
Europe and Asia. Capitalizing on the success of the project deployed for
Cablevisión Argentina, Anevia also signed with two new operators to deploy its
solutions in several countries in South America.

The period also saw the signing of new project extensions under multi-year
contracts with existing customers who wish to remain partners during their
transition to OTT.

RENEWED SALES MOMENTUM FOR THE ENTERPRISE BUSINESS

In the second half of the year, Anevia reported a stabilization of revenues for
the Enterprise business compared to the first half.

The second half was characterized by the strategic recruitment of Ivonne
Prugnaud as VP Sales Worldwide Enterprise, to revive business momentum with her
experience in the software industry, particularly within the Hoist group, and
with her understanding of the challenges and needs of end customers. The
initial effects of this addition to the company were felt as early as the
fourth quarter, with good momentum compared to the third quarter.

Additionally, at the end of the year Anevia signed the deployment of its
head-end Flamingo in several 5* luxury hotels and palaces in Paris and on the
Côte d'Azur.

All things considered, although the Enterprise business was down over the year,
the steps taken at the end of the year should positively impact business in
2018.

CASH POSITION AT DECEMBER 31, 2017

At December 31, 2017, Anevia had EUR2.3 million in cash compared with EUR2.09
million at December 31, 2016. Cash includes funds raised through the capital
increase with preferential subscription rights, which was carried out in
February for an amount, net of costs, of close to EUR1.9 million. Cash also
includes a EUR0.5 million BPI loan and the repayment of the 2016 research tax
credit of EUR0.56 million, recorded in December.

Financial liabilities at December 31, 2017 stood at EUR3.2 million compared
with EUR3.03 million at December 31, 2016.

Next publication: March 28, 2018, results for the 2017 financial year

About ANEVIA

Anevia is a leading OTT and IPTV software vendor that specialises in delivering
innovative solutions for live TV, near-live, video on demand (VOD) and
multi-screen. Anevia was founded in 2003 by the developers of the well-known
VLC media player, and since then the company has pioneered unique solutions
across several fields, including cloud DVR and multi-screen. Anevia's mission
is to deliver innovative technologies that enable viewers to enjoy a
next-generation TV experience - wherever, whenever and on every screen.
Anevia's solutions have been adopted by globally-renowned TV broadcasters,
telecommunication and pay-TV operators, video service providers and many
private and public companies. Anevia is headquartered in France, with regional
offices in the USA and Dubai. Anevia is listed on the Paris Euronext Growth
market. For more information please visit www.anevia.com.

Contacts

ANEVIA
Sabine de Leissègues
Marketing & Communication Director
Tel: +33 1 81 94 50 95
Email: investisseurs@anevia.com

ACTIFIN
Alexandre Commerot
Isabelle Dray (press relations)
Tel: +33 1 56 88 11 11
Email: acommerot/idray@actifin.fr

Name: ANEVIA
ISIN Code: FR0011910652
Ticker symbol: ALANV
Number of shares comprising the share capital: 3,551,218

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ANEVIA (EPA:ALANV) Anevia : FY 2017 revenue: €12.6 million (+9%)

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