NETGEM (EPA:ALNTG) - Fourth quarter 2015 revenue. Growth confirmed on a full year basis

Transparency directive : regulatory news

14/01/2016 07:00

Fourth quarter 2015 revenue
Growth confirmed on a full year basis

Paris La Défense, January 14, 2016

Consolidated revenue, business activity and outlook

In EUR million Q4 2015  Q4 2014  Change  12 months 2015  12 months 2014 Change
Revenue         18.2     14.2     +28%       78.8           72.5          +9%

For the quarter ended December 31, 2015, Netgem announces a consolidated revenue
of EUR 18.2 million, bringing total consolidated revenue for 2015 to EUR 78.8
million, up 9% compared to 2014.

During the last quarter, Netgem won the Fast Mode 2015 #TopTechVideos, telecom's
largest web event, for its #TelcoTV multiscreen experience, linking television,
smartphone and tablets.

In 2015, Netgem developed 29 content partnerships for the UK and European
markets, bringing the total number of partners to more than 50 and providing
over 400 TV channels and thousands of ondemand video assets (Netflix, Youtube,
Wuaki.TV, Sky's Now TV, Eurosport, National Geographic, Cartoon Network, France
24, Mubi, etc.).

The Group continues to develop #TelcoTV, anticipating several key trends, among
which:
- Mobile is becoming the primary screen to consume content, creating an
  opportunity for operators and content providers to implement mobile TV
  solutions:
- Smart Content Discovery: helping users find the right content across multiple
  providers, through social recommendations, will be of the essence for
  sustainable consumer loyalty:
- TV content will mix free and premium entertainment content, both live and
  ondemand, that users can enjoy on their terms.

The recent announcement by Netflix of their deployment in 130 countries
demonstrates the acceleration and globalisation of the Telco TV market. For
2016, the objective of Netgem is to open 5 new markets, beyond the 14 in which
it currently has a distribution. If the positive trend in the active markets is
confirmed, this would lead to another year of growth.

Because of the growing role of software and services, and the shift to the Cloud
of functionality previously performed in settop boxes (such as recording and
storing), the growth indicator in 2016 should be the gross profit (i.e. revenue
net of hardware costs) rather than revenue.

Significant transactions and events

In 2015, the Group purchased 264.000 of its own shares at an average price of
EUR 1.99. The Group owns 2.2 million of treasury shares, about 5.2% of its
capital.

Provisional calendar of financial communication

- Results 2015 and revenue for Q1'2016: April 14, 2016, before market opening
- Annual shareholders' meeting:                   June 9, 2016
- Revenue and results for H1 2016:         July 29, 2016, before market opening
- Revenue for Q3'2016:                     October 13, before market opening

About Netgem

Netgem provides Fixed and Mobile Telecom operators with #TelcoTV, a superior TV
service, offering intuitive navigation, simple access to the content consumers
love, and multiscreen viewing, in and out of the home.
With 20+ deployments in Europe, APAC, and South America, and over 5 million
deployed viewers, Netgem is best placed to partner with the most innovative
Telco operators and help them win in their market.

Netgem is listed on Euronext Paris Compartment C (ISIN: FR0004154060, Reuters:
ETGM.PA, Bloomberg: NTG FP)
#TelcoTV is what we do, it's TV the Telco way

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NETGEM (EPA:ALNTG) - Fourth quarter 2015 revenue. Growth confirmed on a full year basis

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