|By PR Newswire||
|February 13, 2014 02:45 AM EST||
BRUSSELS, February 13, 2014 /PRNewswire/ --
THE GROUP'S STRATEGIC REPOSITIONING IS A SUCCESS:
- Be2bill's run rate exceeded €1 billion at 31 December 2013
- All B to B segments experienced dynamic growth
- B to C revenue increased for the second consecutive quarter
The Rentabiliweb Group (ISIN BE0946620946 - trading symbol BIL) is today publishing its Q4 and annual revenue for fiscal 2013. The Group posted sales of €71.9 million for 2013, up 2.7% year over year, including an increase of 14.6% in Q4 sales compared to the year-ago figure.
This growth reflects the success of the Group's strategic priorities:
- The B to B segment has enjoyed major market share wins by Be2bill for bank card collections and healthy performances by the direct marketing and telecom segments.
- The restructured B to C segment has been optimised and realigned to focus on high audience services (general public sites such as astrology, dating or gaming) and generates regular cash flow.
Fiscal 2013 and Q4 2013 revenue
(in thousands of euros) 2013 2012 Change Q4 2013 Q4 2012 Change Revenue 71,877 70,013 +2.7% 20,080 17,515 +14.6% of which third party audience monetization (B to B) 31,828 26,027 +22.3% 9,708 7,396 +31.3% of which own audience monetization (B to C) 40,049 43,986 -9.0% 10,371 10,119 +2.5%
B to B segment - Continuing commercial success of Be2bill
In Q4 2013, the B to B segment posted revenue of €9.7 million, up 31.3% year over year. Over the full year, B to B revenue was €31.8 million, an increase of 22.3% compared to fiscal 2012.
Be2bill, the card-based payment solution, has confirmed its potential to win new market shares. Accordingly, at the end of December 2013:
- The run rate for expected payments at 31/12 was €1.04 billion,
- Be2bill is now used by more than 900 merchants, compared to less than 200 at the end of 2012
- The run rate for payments received was €381.3 million
- Depending on the type of partnership, the average commission rated ranged between 0.8% and 1.2%.
Between September and December 2013, Be2bill halved installation times by streamlining its processes and strengthening its technical teams. The gap between payments expected and received has been steadily reduced. On the basis of these performances, the Group intends to widen its international reach, in particular through its new operating subsidiary in the Netherlands. It aims to obtain and leverage accreditation as an Electronic Money Issuer and Credit Institution in order to be able to offer new services to its clients (bank account facilities, transfers and debits, electronic money and credit card issues etc.).
As expected, the Direct Marketing and Telecom segments have seen the benefit of their 2012 operating repositioning and enjoyed sharp upturns in sales in 2013. For its part, micro-payment saw a halt of the declining turnover, after several half-years with business impacted by changes in the market.
B to C segment - Confirmation of a return to growth in Q4
B to C revenue was €10.4 million for Q4 2013, up 2.5% compared to Q4 2012. For several quarters, the B to C segment has benefited from the restructurings started during the previous year, and in particular its renewed focus on activities that generate free cash flow. In fiscal 2013, revenue was down 9.0% compared to 2012, at €40.0 million.
In the Dating sector, despite a difficult market, fiscal 2013 was marked by renewed sequential quarterly growth.
The Group has expanded in its presence on the market for Women's wellbeing content and Casual gaming. Both units have been combined into the same subsidiary to rationalise their technical expenses and create marketing synergies.
The Astrology segment's 2013 performance was in line with the group's expectations. The growth vectors for the segment have been optimised, which has yielded consistent sequential growth.
On the basis of the annual segment performances, the Group confirms its aim of posting higher consolidated EBIT for 2013 than for 2012.
Next press release
Publication of the 2013 annual results: 3 March 2014.
Download the press release from the Group's institutional site:
Founded in 2002, the Rentabiliweb Group offers businesses and webmasters a leading platform of website traffic monetisation services (e.g. payment and micropayment solutions). It has been definitively approved as a Payment Body by the Banque de France and as a member of the French Bank Card Group (Groupement Carte Bancaire) for the provision of online payment solutions, with the Be2Bill solution. It also runs affiliate programs, offers online advertising space brokerage and interactive voice services for offline media, and provides acclaimed expertise in loyalty programs and direct marketing.
Rentabiliweb is also one of the premier French-language content publishers, with a package of services spanning the full range of mass-market entertainment including astrology, community services, casual gaming, services for the general public, advice for Internet users, personal ads and dating, women's wellbeing, humour, entertainment and more.
Listed on Compartment C of the Euronext Brussels and Paris stock markets, the Group currently has 20 subsidiaries in Europe and America, with a workforce of over 230 worldwide. In 2012, Rentabiliweb's sales topped €70 million, with EBIT at €1.1 million. Rentabiliweb is a socially responsible company in its sectors of activity, and rigorously applies the 10 principles laid out by the UN Global Compact. The Group is eligible for FCPI investment funds and was awarded the OSEO "Innovative company" kitemark.