Mobile Active Corporate

Media Contact

Michael Mullane
Savage & Partners
T  +61 2 8281 3257

M  +61 414 590 296

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Revenues and Profits Exceed Forecasts
The recent trading performance of MobileActive Limited (ASX: MBA) has
exceeded previous estimations provided to the market. The increases in revenue
and EBITDA have been achieved by the following.
• Improved marketing efficiencies
• Increase in product range
• Benefits received from reduced supply chain costs

 

Calendar year 2006 - Highlights
• Australian/NZ Premium Rate SMS revenue for Dec 06, up 139% on Jan
06 (v previous estimate of 114%)
• Australian/NZ Premium Rate SMS - average monthly revenue growth of
15.2% over the year (v previous estimate of 12.5%)

Financial half year to 31 December 2006 - Highlights
• Group revenue 31 Dec 06: $3.98 million
• Group EBITDA (normalised*) 31 Dec 06: $216,418
• Group NPAT (normalised*) 31 Dec 06: $125,100
• Dec 06 qtr Aus/NZ PRSMS revenue growth of 71%
(v previous estimate of 53%)
• Dec 06 qtr EBITDA $364,000 (v previous estimate of $134,000)

Please note that Revenue, EBITDA and NPAT are based on internal
management accounts. Full half year auditor reviewed financial results will be
released towards the end of February 2007.

 * Normalised Earnings = Earnings excluding costs related to the following: sale of the adult assets (including trading losses incurred to date of sale), restructure of the business following the sale of the adult assets, issue of eight million MBA shares for no consideration to the Managing Director, issue of share options to management and staff, ATO assessment related to the 2003 year (tax, interest and penalties), write off of investment in the Chilean business and a bonus payment to Managing Director to fund the purchase of four million MBA shares. Costs excluded: Q1 06/07 = $920,000, Q4 05/06 = $775,037.
DISCLAIMER
Forecasts and estimates may be materially different and may be affected by many factors such as the timely release of services, dependencies on carriers, the overall global economy, competition in the industry and other events beyond the control of or unforeseen by MobileActive Limited

 
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