ANEVIA (EPA:ALANV) First-half 2019 revenue

Transparency directive : regulatory news

24/07/2019 17:40

PRESS RELEASE

GENTILLY,
24/07/2019

First-half 2019 revenue

* Organic revenue growth of +7% in H1 2019
* Exercise of 240,000 equity warrants (BSA) on 1st July at EUR2.50 each
* Revenue growth on track for full-year 2019

Anevia, a leading provider of OTT and IPTV software solutions, announces its
first-half revenue to 30th June, 2019.

French GAAP, EURm      H1 2019(1)    H1 2018        Chg. 19/18
Telecom                    5.3         4.9             +9%
Enterprise                 1.9         1.8             +2%
TOTAL                      7.2         6.7             +7%

ORGANIC GROWTH UP 7%, DRIVEN BY BOTH THE TELECOM AND ENTERPRISE BUSINESSES

Anevia announces first-half revenue of EUR7.2 million, representing organic
growth of 7%. All businesses contributed to this performance.

Revenue for the Telecom business went up 9% to EUR5.3 million over the period,
a significant achievement on the back of four consecutive years of double-digit
growth.

The Enterprise business, which increased its revenue by 2% to EUR1.9 million,
has proved to be a steady activity that contributes to the company's growth.

SIGNIFICANT PROGRESS ON THE STRATEGIC PLAN

In addition to organic growth, which was a priority for Anevia, the first six
months of the year saw significant progress towards the objectives of its
strategic plan:

* Stepping up the roll-out of sales initiatives in the United States

Several major initiatives rolled out in the United States in the first half of
2019 generated new revenue from contract extensions, a testament to the loyalty
of existing customers.

* Capturing sales opportunities in Asia

Asia is a priority market for Anevia that offers myriad sales opportunities. In
one  example, Indonesia's  biggest media group, MNC, recently opted for Anevia
solutions.

* Strengthening strategic partnerships
In the first half of the year, the Enterprise business signed two important new
partnerships for the distribution and deployment of its products and related
services.

* Capitalising on the sales potential of end-to-end solutions
Following the acquisition and integration of Keepixo in 2018, Anevia has been
in the unique position of being able to offer end-to-end solutions
incorporating ultra-low latency technologies.

Since its launch at the end of 2018, this offering has attracted several
operators in Europe, Asia and the United States in the first six months of the
year.

(1) Unaudited data

CASH POSITION AT 30TH JUNE, 2019

At 30th June, 2019, Anevia had EUR1.3 million in cash (vs EUR1.7 million at
31st December, 2018) and financial debt of EUR2.7 million (unchanged from 31st
December, 2018).

EXERCISE OF 240,000 EQUITY WARRANTS (BSA) ON 1ST JULY AT EUR2.50 EACH

On 1st July, 2019, 240,000 equity warrants (BSA) were exercised out of the
480,000 BSAs issued  in  December 2018 in a private placement issue of shares
with warrants attached (ABSA), without pre-emptive rights, at the exercise
price of EUR2.50 each.

OUTLOOK

In light of its H1 performance, Anevia is confident that it can deliver organic
growth for full-year 2019.

Next release date: 25th September 2019, first-half 2019 results

About ANEVIA

Anevia is a leading OTT and IPTV software provider of innovative multiscreen
solutions for the delivery of live TV, streaming video, time-shifted TV and
video on demand services. The company offers a comprehensive portfolio of video
compression, multiscreen IPTV head-ends, Cloud DVR and CDN solutions to enable
viewers to enjoy a next-generation TV experience - anywhere, anytime and on any
screen - including 4K UHD content. The solutions have been widely adopted by
globally renowned telecom and pay-TV operators, TV broadcasters and video
service providers in hospitality, healthcare and corporate businesses.

Founded in 2003, Anevia has a track record of being first to market with
advanced video technologies. The company is a member of and active contributor
to several TV, media and hospitality industry associations. Headquartered in
France, with regional offices in the USA, Dubai and Singapore, Anevia is listed
on the Paris Euronext Growth market.

For more information please visit www.anevia.com.

Contacts

ANEVIA
Silvia CANDIDO
Field Marketing Director
Tel: +33 1 81 98 32 40
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: 4,586,978

ANEVIA's latest news

22/12/2020 17:45

ANEVIA (EPA:ALANV) First-half 2019 revenue

Transparency directive : regulatory news

ANEVIA's latest news

Other stories