LONDON and TEL AVIV, Israel, September 21, 2016 /PRNewswire/ --
Matomy Media Group Ltd. (LSE:MTMY, TASE: MTMY.TA) ("Matomy" or
the "Company"), a global marketing technology company and leading
provider of digital advertising, today announced its interim
financial results for the six-month period ended June 30, 2016.
Revenues for the six-month period were $124.4 million on a GAAP basis,. Adjusted EBITDA
was $5.8 million. The full results
are available in Matomy's interim report, accessible at
investors.matomy.com Ofer Druker,
Chief Executive Officer of Matomy, said, "During the first half of
2016 we witnessed significant shifts in the digital advertising
landscape, as mobile and video advertising significantly increased
and display advertising declined, as anticipated by our board of
directors. These trends support the direction Matomy has
taken over the past few years and our plan to leverage the
industry-wide transformation through strategic acquisitions and
focused product development.
"Matomy announced in July of this year a clear and well-defined
enhancement to its strategic plan, to closely integrate our
capabilities in Mobile and Video and create a unique capability in
the marketplace around Mobile-Video. Matomy is excellently
positioned with ownership of highly-capable technology platforms
enabling programmatic mobile and video advertising. Recognizing
that this industry evolves quickly, we have increased our product
development investment in mobile and video delivered across mobile
devices. These investments will help ensure Matomy remains a top
tier provider of digital advertising.
"We have made meaningful progress towards this goal through
significantly advancing the integration of Optimatic, our leading
U.S.-based programmatic video advertising provider. With
Optimatic, Matomy not only offers enhanced capabilities for the
fastest growing format for advertising (video), but also realizes
significant synergies through robust industry partnerships and a
footprint from which to build our presence in the core growth
market of the U.S.
"We have also significantly advanced our mobile technology
offering and have achieved several significant milestones including
(1) the launch of myDSP, a self-service DSP that enables customers
to maximize their ROI and budget when buying mobile media, (2) the
launch of mtmy, our mobile performance agency utilizing the full
spectrum of Matomy capabilities for performance-minded advertisers,
and (3) the launch of desirable new product offerings that increase
the quality of our media resulting from partnerships with other
leading technology providers," concluded Mr. Druker.
Matomy Media Group expects its revenue for fiscal year 2016 to
be in the range of $265 million to $300
million, and its adjusted EBITDA to be in the range of
$17 million to $21 million. This is
unchanged from guidance issued in July
2016.
Highlights:
- Revenues for the six-month period were $124.4 million on a GAAP basis, a decrease of
0.5% compared to the six months ended June
30, 2015.
- Adjusted EBITDA was $5.8 million,
compared with $9.7 million in H1
2015, attributable in part to the Company's increased investment in
additional research and development, sales and marketing
expenditure.
- Aggregate mobile traffic across all media channels contributed
approximately 38% of Group revenue (H1 2015: 28%, reflecting an
overall activity growth of 35%), in line with our goal to reach 50%
Mobile related revenues by 2017.
- Mobile in-app (Mobfox) revenue increased 144% to $12.3 million (H1 2015: $5.0 million).
- Video revenues increased 95% to $49.2
million (H1 2015: $25.2
million).
- Revenues generated from aggregate programmatic advertising
activity across all media channels increased 41%, accounting for
approximately 78% of Group revenue in H1 2016 (H1 2015: 55%); this
represents a shift away from revenues attributable to display
advertising and toward programmatic channels.
- Aggregate domain monetisation revenue increased 42% to
$30.6 million (H1 2015: $21.6 million), supported by proprietary
programmatic capabilitiesץ
Conference Call
Matomy will host an analyst conference call at 2:00 p.m. BST / 9:00a.m EDT today, Wednesday
21 September 2016 to discuss these
results. Matomy CEO, Ofer Druker,
and CFO, Sagi Niri, will host the
call.
The conference call can be accessed at +44(0)808-238-9578 (UK),
+1-888-771-4371 (US) or +972-1809-212-582 (Israel), conference ID# 43303407.
Following completion of the call, a recorded replay of the
webcast will be available to investors at the following website
address: http://investors.matomy.com/ .
About Matomy
Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) is a
world-leading media company with smarter marketing technology and a
personalized approach to advertising. By providing customized
performance and programmatic solutions supported by internal media
capabilities, big data analytics, and optimization technology,
Matomy empowers advertising and media partners to meet their
evolving growth-driven goals. Matomy's holistic mobile advertising
agency, mtmy, is fueled by an in-house Data Management Platform
(DMP), and offers a fully-managed service across channels including
video, display, social, email and search. Matomy's programmatic
platforms include the MobFox SSP, the video advertising platform
Optimatic, and the mobile demand side platform myDSP. Founded
in 2007 with headquarters in Tel
Aviv and 11 offices around the world, Matomy is dual-listed
on the London and Tel Aviv Stock
Exchanges. Learn more about Matomy
at http://www.matomy.com.
For more information:
Facebook: http://www.facebook.com/MatomyMediaGroup
Follow Matomy on Twitter: @MatomyGroup
LinkedIn: http://www.linkedin.com/company/matomy-media-group
Forward-Looking Statements
Some statements in this announcement are forward-looking. They
represent expectations for Matomy's businesses or share trading,
and involve risks and uncertainties. These forward-looking
statements are based on current expectations and projections about
future events, and Matomy believes that current expectations and
assumptions with respect to these forward-looking statements are
reasonable. However, because they involve known and unknown risks,
uncertainties may exist in some cases beyond the control of Matomy,
actual results or performance may differ materially from those
expressed or implied by such forward-looking statements.
Contact(s):
Matomy Media Group
Lipaz Kloper, Head of Investor Relations
lipaz.k@matomy.com
+972-773606161
Investor Relations
Elizabeth Barker / Garth Russell
matomy@kcsa.com
SOURCE Matomy