RISULTATI PRIMO TRIMESTRE 2018
RICAVI1 TOTALI A € 69,5 MILIONI -1,1% SU BASE ANNUA, CRESCONO DEL +6% I RICAVI DIGITALI
EBITDA A € 12,7 MILIONI VS €10,4 MILIONI NEL Q1 2017, AL NETTO DEGLI EFFETTI IFRS 162 EBITDA Q1 2018 PARI A € 10,5 MILIONI (+0,7%)
UTILE NETTO A € 3,9 MILIONI VS €1,6 MILIONI NEL Q1 2017
DISPONIBILITA’ LIQUIDE PARI A € 92 MILIONI, +23% RISPETTO AL 31 DICEMBRE 2017
ITALIAONLINE SI CONFERMA LA PRIMA INTERNET COMPANY ITALIANA CON DATI DI AUDIENCE GIORNALIERA IN CRESCITA DEL +14% SU BASE ANNUA
IL CDA DI ITALIAONLINE APPROVA I RISULTATI AL 30 GIUGNO 2018
PROSEGUE LA CRESCITA DEI RICAVI DIGITALI +7%, SUPPORTATA DAL SEGMENTO DIGITAL ADVERTISING (+26,4%)
RICAVI TOTALI €157,4 MILIONI, -5,4% IN PARTE A CAUSA DEGLI SCIOPERI CHE HANNO RITARDATO LA PUBBLICAZIONE DI ALCUNI ELENCHI TELEFONICI, AL NETTO DI TALI RITARDI LA FLESSIONE E’ PARI A -2,4%
EBITDA € 37,9 MILIONI, IN CRESCITA DEL +1,9% A PARITA’ DI ELENCHI PUBBLICATI E AL NETTO DEGLI EFFETTI DEL IFRS 16
DISPONIBILITA’ LIQUIDE € 92,8 MILIONI, +23,5% RISPETTO AL 31 DICEMBRE 2017
ITALIAONLINE SI CONFERMA LA PRIMA DIGITAL COMPANY ITALIANA CON UN AUDIENCE TOTALE GIORNALIERA IN CRESCITA DEL 18% SU BASE ANNUA
Presentazione risultati dei primi 9 mesi del 2018Italiaonline
RISULTATI AL 30 SETTEMBRE 2018
PROSEGUE LA CRESCITA DEI RICAVI DIGITALI +7%, SUPPORTATA DAL SEGMENTO DIGITAL ADVERTISING (+24,4%)
RICAVI TOTALI A €236,2 MILIONI, -3,5% YoY A PARITA’ DI ELENCHI PUBBLICATI NEI 9M 2017
EBITDA € 60,2 MILIONI, IN CRESCITA DEL +0,6% AL NETTO DEGLI EFFETTI DELL’IFRS 162 E A PARITA’ DI ELENCHI PUBBLICATI
DISPONIBILITA’ LIQUIDE € 93,5 MILIONI, +24,4% RISPETTO AL 31 DICEMBRE 2017
A LUGLIO 2018 È STATO SIGLATO L’ACCORDO CON LE ORGANIZZAZIONI SINDACALI
Presentazione risultati primo semestre 2017Italiaonline
IL CDA APPROVA I RISULTATI DEL PRIMO SEMESTRE 2017:
PROSEGUE LA CRESCITA DELLA REDDITIVITA’ OPERATIVA E RALLENTA LA FLESSIONE DEI RICAVI GRAZIE AI PRIMI EFFETTI POSITIVI DERIVANTI DAL RINNOVAMENTO DEL PORTAFOGLIO PRODOTTI DIGITAL
UTILE NETTO + 65% SU BASE ANNUA A €6,3 MILIONI (€3,8 MILIONI NEL PRIMO SEMESTRE 2016)
POSIZIONE FINANZIARIA NETTA POSITIVA PARI A € 69 MILIONI, DOPO IL DIVIDENDO STRAORDINARIO DI € 80 MILIONI, UNLEVERED FCF A €37 MILIONI
Presentazione risultati primi nove mesi 2017Italiaonline
RISULTATI DEI PRIMI NOVE MESI 2017
GRAZIE AL RECUPERO DEL SEGMENTO DIGITAL RALLENTA NEL TERZO TRIMESTRE LA FLESSIONE DEI RICAVI
PROSEGUE IL MIGLIORAMENTO DELLA REDDITIVITA’ OPERATIVA: EBITDA MARGIN 22,5% (19% 9M 2016), EBIT € 24,4 MILIONI (€ 11,3 MILIONI 9M 2016)
POSIZIONE FINANZIARIA NETTA POSITIVA PER € 77 MILIONI, UNLEVERED FCF A € 51 MILIONI (+5 % SU BASE ANNUA)
IN CRESCITA I PRINCIPALI DATI DI AUDIENCE:
TOTAL DIGITAL AUDIENCE GIORNALIERA +5%, MOBILE AUDIENCE +18%
IL CDA DI ITALIAONLINE APPROVA I RISULTATI AL 30 GIUGNO 2018
PROSEGUE LA CRESCITA DEI RICAVI DIGITALI +7%, SUPPORTATA DAL SEGMENTO DIGITAL ADVERTISING (+26,4%)
RICAVI TOTALI €157,4 MILIONI, -5,4% IN PARTE A CAUSA DEGLI SCIOPERI CHE HANNO RITARDATO LA PUBBLICAZIONE DI ALCUNI ELENCHI TELEFONICI, AL NETTO DI TALI RITARDI LA FLESSIONE E’ PARI A -2,4%
EBITDA € 37,9 MILIONI, IN CRESCITA DEL +1,9% A PARITA’ DI ELENCHI PUBBLICATI E AL NETTO DEGLI EFFETTI DEL IFRS 16
DISPONIBILITA’ LIQUIDE € 92,8 MILIONI, +23,5% RISPETTO AL 31 DICEMBRE 2017
ITALIAONLINE SI CONFERMA LA PRIMA DIGITAL COMPANY ITALIANA CON UN AUDIENCE TOTALE GIORNALIERA IN CRESCITA DEL 18% SU BASE ANNUA
Presentazione risultati dei primi 9 mesi del 2018Italiaonline
RISULTATI AL 30 SETTEMBRE 2018
PROSEGUE LA CRESCITA DEI RICAVI DIGITALI +7%, SUPPORTATA DAL SEGMENTO DIGITAL ADVERTISING (+24,4%)
RICAVI TOTALI A €236,2 MILIONI, -3,5% YoY A PARITA’ DI ELENCHI PUBBLICATI NEI 9M 2017
EBITDA € 60,2 MILIONI, IN CRESCITA DEL +0,6% AL NETTO DEGLI EFFETTI DELL’IFRS 162 E A PARITA’ DI ELENCHI PUBBLICATI
DISPONIBILITA’ LIQUIDE € 93,5 MILIONI, +24,4% RISPETTO AL 31 DICEMBRE 2017
A LUGLIO 2018 È STATO SIGLATO L’ACCORDO CON LE ORGANIZZAZIONI SINDACALI
Presentazione risultati primo semestre 2017Italiaonline
IL CDA APPROVA I RISULTATI DEL PRIMO SEMESTRE 2017:
PROSEGUE LA CRESCITA DELLA REDDITIVITA’ OPERATIVA E RALLENTA LA FLESSIONE DEI RICAVI GRAZIE AI PRIMI EFFETTI POSITIVI DERIVANTI DAL RINNOVAMENTO DEL PORTAFOGLIO PRODOTTI DIGITAL
UTILE NETTO + 65% SU BASE ANNUA A €6,3 MILIONI (€3,8 MILIONI NEL PRIMO SEMESTRE 2016)
POSIZIONE FINANZIARIA NETTA POSITIVA PARI A € 69 MILIONI, DOPO IL DIVIDENDO STRAORDINARIO DI € 80 MILIONI, UNLEVERED FCF A €37 MILIONI
Presentazione risultati primi nove mesi 2017Italiaonline
RISULTATI DEI PRIMI NOVE MESI 2017
GRAZIE AL RECUPERO DEL SEGMENTO DIGITAL RALLENTA NEL TERZO TRIMESTRE LA FLESSIONE DEI RICAVI
PROSEGUE IL MIGLIORAMENTO DELLA REDDITIVITA’ OPERATIVA: EBITDA MARGIN 22,5% (19% 9M 2016), EBIT € 24,4 MILIONI (€ 11,3 MILIONI 9M 2016)
POSIZIONE FINANZIARIA NETTA POSITIVA PER € 77 MILIONI, UNLEVERED FCF A € 51 MILIONI (+5 % SU BASE ANNUA)
IN CRESCITA I PRINCIPALI DATI DI AUDIENCE:
TOTAL DIGITAL AUDIENCE GIORNALIERA +5%, MOBILE AUDIENCE +18%
In this 68 page in-depth report we analyze the market demand share for global SVOD platforms, digital original series popularity and genre demand share trends in 10 global markets.
Financial Results for the 2nd Quarter of the Fiscal Year Ending March 2016KDDI
The figures included in the following brief,
including the business performance target and the
target for the number of subscribers are all
projected data based on the information currently
available to the KDDI Group, and are subject to
variable factors such as economic conditions, a
competitive environment and the future prospects for
newly introduced services.
Accordingly, please be advised that the actual
results of business performance or of the number of
subscribers may differ substantially from the
projections described here.
I risultati di TIM per il primo trimestre 2020, illustrati in webcast e conference call il 19 maggio 2020.
TIM 2020 First Quarter Results, presented on May 19, 2020, via webcast and conference call.
RISULTATI AL 31 DICEMBRE 2017 ED AGGIORNAMENTO DEL PIANO INDUSTRIALE
NEL 2017 IN CRESCITA I MARGINI OPERATIVI: EBITDA +6% A € 68 MLN, EBIT A € 28 MLN VS € 0,7 MLN NEL 2016, AUMENTA DEL 17% L’UTILE NETTO A 26 MLN
I RICAVI, IN LINEA CON LE ATTESE DEL MANAGEMENT, RALLENTANO LA FLESSIONE GRAZIE AL PROGRESSIVO MIGLIORAMENTO DEL SEGMENTO DIGITALE, CHE NEL QUARTO TRIMESTRE CRESCE DEL 5% SU BASE ANNUA
POSIZIONE FINANZIARIA NETTA POSITIVA A € 73 MLN
ITALIAONLINE SI CONFERMA LA PRIMA INTERNET COMPANY ITALIANA CON DATI DI AUDIENCE GIORNALIERA IN CRESCITA (AUDIENCE TOTALE +6%, MOBILE +14%)
Barry Callebaut Full-Year Results 2018/19 - Media/Analyst PresentationBarry Callebaut
Mid-term guidance delivered, good momentum continues - we just published our Full-Year Results for the fiscal year 2018/19 (ended August 31, 2019). Check out our Roadshow Presentation 2018/19 to check out more details of our financial results as well as an outlook for our business.
#BarryCallebaut #chocolate #cocoa #FinancialResults
In this 68 page in-depth report we analyze the market demand share for global SVOD platforms, digital original series popularity and genre demand share trends in 10 global markets.
Financial Results for the 2nd Quarter of the Fiscal Year Ending March 2016KDDI
The figures included in the following brief,
including the business performance target and the
target for the number of subscribers are all
projected data based on the information currently
available to the KDDI Group, and are subject to
variable factors such as economic conditions, a
competitive environment and the future prospects for
newly introduced services.
Accordingly, please be advised that the actual
results of business performance or of the number of
subscribers may differ substantially from the
projections described here.
I risultati di TIM per il primo trimestre 2020, illustrati in webcast e conference call il 19 maggio 2020.
TIM 2020 First Quarter Results, presented on May 19, 2020, via webcast and conference call.
RISULTATI AL 31 DICEMBRE 2017 ED AGGIORNAMENTO DEL PIANO INDUSTRIALE
NEL 2017 IN CRESCITA I MARGINI OPERATIVI: EBITDA +6% A € 68 MLN, EBIT A € 28 MLN VS € 0,7 MLN NEL 2016, AUMENTA DEL 17% L’UTILE NETTO A 26 MLN
I RICAVI, IN LINEA CON LE ATTESE DEL MANAGEMENT, RALLENTANO LA FLESSIONE GRAZIE AL PROGRESSIVO MIGLIORAMENTO DEL SEGMENTO DIGITALE, CHE NEL QUARTO TRIMESTRE CRESCE DEL 5% SU BASE ANNUA
POSIZIONE FINANZIARIA NETTA POSITIVA A € 73 MLN
ITALIAONLINE SI CONFERMA LA PRIMA INTERNET COMPANY ITALIANA CON DATI DI AUDIENCE GIORNALIERA IN CRESCITA (AUDIENCE TOTALE +6%, MOBILE +14%)
Barry Callebaut Full-Year Results 2018/19 - Media/Analyst PresentationBarry Callebaut
Mid-term guidance delivered, good momentum continues - we just published our Full-Year Results for the fiscal year 2018/19 (ended August 31, 2019). Check out our Roadshow Presentation 2018/19 to check out more details of our financial results as well as an outlook for our business.
#BarryCallebaut #chocolate #cocoa #FinancialResults
IL CONSIGLIO DI AMMINISTRAZIONE APPROVA IL PROGETTO DI BILANCIO DELL’ESERCIZIO 2016 E UN AGGIORNAMENTO DEL PIANO INDUSTRIALE
NETTO MIGLIORAMENTO DEGLI INDICATORI ECONOMICI E FINANZIARI
I RISULTATI OTTENUTI SUPPORTANO IL PIANO DI CRESCITA DEL GRUPPO NEL LUNGO TERMINE
Financial Results for the 1st Quarter of the Fiscal Year Ending March 2016KDDI
The figures included in the following brief, including the business performance target and the target for the number of subscribers are all projected data based on the information currently available to the KDDI Group, and are subject to variable factors such as economic conditions, a competitive environment and the future prospects for newly introduced services.
Accordingly, please be advised that the actual results of business performance or of the number of subscribers may differ substantially from the projections described here.
We've delivered a strong financial performance in 2021, making significant progress on our new strategic plan.
#SGS #SGSGroup #WeAreSGS #FinancialResults
A strong performance in 2020 confirms our strategic evolution.
You can view our financial reports here: www.sgs.com/en/our-company/investor-relations/reports-and-presentations
Relazione finanziaria semestrale al 30 giugno 2017Italiaonline
Facendo seguito al comunicato stampa diffuso in data 2 agosto 2017, Italiaonline S.p.A. rende noto che è stata depositata, ed è disponibile presso la sede legale in Assago, via del Bosco Rinnovato 8, Palazzo U4, Milanofiori Nord, sul sito internet di Borsa Italiana S.p.A. all'indirizzo www.borsaitaliana.it, sul sito internet della Società all'indirizzo www.italiaonline.it, nonché sul meccanismo di stoccaggio centralizzato, denominato “eMarketStorage”, autorizzato da CONSOB con delibera n. 19879 del 15 febbraio 2017, - consultabile all’indirizzo www.emarketstorage.com e gestito da Spafid Connect S.p.A. - la Relazione Finanziaria Semestrale al 30 giugno 2017.
Si precisa, inoltre, che la predetta Relazione sarà altresì disponibile sul sito internet www.italiaonline.it e potrà essere richiesta tramite l’indirizzo e-mail
ufficio.societario@italiaonline.it.
Resoconto intermedio di gestione al 30 settembre 2016Italiaonline
Facendo seguito al comunicato stampa diffuso in data 10 novembre 2016 si rende noto che è stato depositato ed è disponibile presso la sede legale in Assago, via del Bosco Rinnovato 8, Palazzo U4, Milanofiori Nord, nonché sul sito internet di Borsa Italiana S.p.A. all'indirizzo www.borsaitaliana.it, nonché sul meccanismo di stoccaggio centralizzato, denominato "NIS-Storage", autorizzato da CONSOB con delibera n. 19067 del 19 novembre 2014, - consultabile all'indirizzo www.emarketstorage.com e gestito da Bit Market Services S.p.A. il Resoconto Intermedio sulla Gestione al 30 settembre 2016.
Si precisa inoltre che il predetto Resoconto sarà altresì disponibile sul sito internet www.italiaonline.it e potrà essere richiesto tramite l'indirizzo e-mail ufficio.societario@italiaonline.it.
Presentazione risultati primi nove mesi 2016Italiaonline
IL CONSIGLIO DI AMMINISTRAZIONE DI ITALIAONLINE APPROVA IL RESOCONTO INTERMEDIO DI GESTIONE AL 30 SETTEMBRE 2016
I RISULTATI DEI PRIMI NOVE MESI CONFERMANO IL TREND POSITIVO DEL PRIMO SEMESTRE 2016: EBITDA +36,5%, FREE CASH FLOW +231,8% E UTILE DEL PERIODO A € 35,2 MILIONI IN FORTE MIGLIORAMENTO DI € 46,9 MILIONI
***
RISULTATI DI GRUPPO
RICAVI pari a € 295,6 milioni
EBITDA pari a € 55,4 milioni
EBITDA margin pari al 18,7%
FCF pari a € 48,8 milioni
UTILE NETTO del periodo pari a € 35,2 milioni
POSIZIONE FINANZIARIA NETTA positiva per € 111,6 milioni
***
Assago, 9 novembre 2016 – Il Consiglio di Amministrazione di Italiaonline S.p.A. (di seguito “Italiaonline”) ha approvato il resoconto intermedio di gestione al 30 settembre 2016.
Antonio Converti, Amministratore Delegato di Italiaonline, ha commentato:
“I risultati dei primi nove mesi 2016 confermano il trend positivo del primo semestre, con i principali indicatori economico-finanziari (EBITDA, Free cash flow, Posizione Finanziaria Netta) in netto miglioramento.
In linea con la strategia del Gruppo di rinnovare il portafoglio prodotti nel mese di ottobre Italiaonline ha completato il lancio dei nuovi prodotti pensati per la digitalizzazione delle piccole e
medie imprese.
Dalla gestione coordinata della presenza in rete (IOL Connect), allo sviluppo di siti internet in HTML5 (IOL Website), fino alla gestione integrata delle campagne marketing online (IOL Audience), confermando così il ruolo di Italiaonline come principale attore di questo importante processo di trasformazione del nostro Paese.
Infine, anche nel corso del quarto trimestre la Società proseguirà nel percorso di riduzione dei costi operativi a sostegno della marginalità.”
Relazione finanziaria semestrale al 30 giugno 2016Italiaonline
Facendo seguito al comunicato stampa diffuso in data 4 agosto 2016, Italiaonline rende noto che è stata depositata, ed è disponibile presso la sede legale in Assago, via del Bosco Rinnovato 8, Palazzo U4, Milanofiori Nord, sul sito internet di Borsa Italiana S.p.A. all'indirizzo www.borsaitaliana.it, sul sito internet della Società all'indirizzo www.italiaonline.it, nonché sul meccanismo di stoccaggio centralizzato, denominato "Nis-Storage", autorizzato da CONSOB con delibera n. 19067 del 19 novembre 2014, - consultabile all'indirizzo www.emarketstorage.come gestito da Bit Market Services S.p.A. la relazione finanziaria semestrale al 30 giugno 2016.
Si precisa, inoltre che la predetta Relazione sarà altresì disponibile sul sito internet www.italiaonline.it e potrà essere richiesto tramite l’indirizzo e-mail ufficio.societario@italiaonline.it.
Presentazione risultati primo semestre 2016Italiaonline
IL CONSIGLIO DI AMMINISTRAZIONE DI ITALIAONLINE APPROVA LA RELAZIONE
FINANZIARIA SEMESTRALE AL 30 GIUGNO 2016
IL PRIMO SEMESTRE 2016 CHIUDE CON I PRINCIPALI INDICATORI FINANZIARI IN NETTO MIGLIORAMENTO: EBITDA +37,5%, FREE CASH FLOW +122,6 % E RITORNO ALL’UTILE
SI TRATTA DEL PRIMO RISULTATO NETTO POSITIVO DOPO LA FUSIONE PER INCORPORAZIONE CON SEAT PAGINE GIALLE CHE VENIVA DA DODICI SEMESTRI
IN ROSSO
***
RISULTATI DI GRUPPO
RICAVI pari a € 199,7 milioni
EBITDA pari a € 29,5 milioni
EBITDA margin pari al 14,8%
FCF pari a € 35,5 milioni
UTILE NETTO del periodo pari a € 3,8 milioni
POSIZIONE FINANZIARIA NETTA positiva per € 102 milioni
***
Assago, 4 agosto 2016
–
Il Consiglio di Amministrazione di Italiaonline S.p.A. (di seguito “Italiaonline”) ha approvato la Relazione Finanziaria Semestrale al 30 giugno 2016
.
Antonio Converti, Amministratore Delegato di Italiaonline, ha commentato:
“I risultati del primo semestre 2016 mostrano un deciso miglioramento dei principali indicatori finanziari, non solo rispetto al 30 giugno 2015, ma anche agli obiettivi del Piano Industriale 2016-2018 che prevede di conseguire la stabilizzazione dei ricavi entro il 2018, conil ritorno della marginalità operativaa livelli compresi tra il 25% e il 30%.Nel secondo semestre 2016 attueremo ancora importanti azioni di riduzione dei costi operativi ed il
lancio della nuova offerta, particolarmente innovativa, diprodotti digitali che consoliderà sempre più il ruolo di Italiaonline come principale attore del processo di trasformazione digitale delle PMI italiane.Inoltre, le disponibilità liquide e l’assenza di debito ci offrono già
oggi una solida base di investimento per indirizzare la crescita siaper linee
interne che esterne.”
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
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The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
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2. 2May 9, 2018
Disclaimer
This presentation contains certain forward-looking statements that reflect the Company’s management’s current views with respect to future events and
financial and operational performance of the Company and its subsidiaries. These forward-looking statements are based on Italiaonline S.p.A.’s current
expectations and projections about future events. Because these forward-looking statements are subject to risks and uncertainties, actual future results or
performance may differ materially from those expressed in or implied by these statements due to any number of different factors, many of which are beyond
the ability of Italiaonline S.p.A. to control or estimate precisely, including changes in the regulatory environment, future market developments, fluctuations in the
price, and other risks. You are cautioned not to place undue reliance on the forward-looking statements contained herein, which are made only as of the date
of this presentation. Italiaonline S.p.A. does not undertake any obligation to publicly release any updates or revisions to any forward-looking statements to
reflect events or circumstances after the date of this presentation. The information contained in this presentation does not purport to be comprehensive and
has not been independently verified by any independent third party.
This presentation does not constitute a recommendation regarding the securities of the Company. This presentation does not contain an offer to sell or a
solicitation of any offerto buy any securities issued by Italiaonline S.p.A. or any of its subsidiaries.
Pursuant to art. 154-bis, paragraph 2, of the Italian Unified Financial Act of February 24, 1998, the executive in charge of preparing the corporate accounting
documents at Italiaonline S.p.A., Gabriella Fabotti, declares that the accounting information contained herein correspond to document results, books and
accounting records.
Accounting standard IFRS 15 – IFRS 16
Starting from 01 January 2018 entered into effect the IFRS 15 - Revenue from Contracts with Customers and Amendments and IFRS 9, furthermore
Italiaonline decided to early adopt IFRS 16 - Leases – from 01 January 2018 (instead of 01 January 2019). The IFRS 15 had a negative impact of € 1 million
on revenues and of € 0.9 million on the EBITDA for the first quarter of 2018. This effect is temporary and will be next to zero over the full year, thus it is not
considered relevant. The IFRS 16 on the Q1 2018 results had a positive impact on EBITDA of about € 2.2 m. In addition the introduction of IFRS 16, according
to which all rents have to be treated as depreciation, implies the recognition in the statement of financial positions of a financial liability, against the value in use
of leased assets, which at 31 March 2018 amounted to € 40 million.
3. 3May 9, 2018
Q1 2018 | a positive set of results…in line with FY2018 guidance
● Q1 2018 1 revenues at €69.5 m vs €70.3 m Q1 2017 (-1.1% YoY)
● Digital revenues improved by +6% YoY
● EBITDA at €12.7 m vs €10.4 m in Q1 2017, EBITDA margin 18.2%
● Net of IFRS 16 EBITDA1 at €10.5m (+0.7%YoY), EBITDA margin 15.1% (14.8% Q1 2017)
● Improved net income at €3.9 m vs €1.6 m in Q1 2017
Economics
(1) Accounting standards please see note at page 2 | (2) Cash conversion = Unl FCF / EBITDA | (3) Includes Cash and Current financial receivables from third parties | (4) NFP at 31 March 2018 see
slide 2 | (5) Source: Audiweb Database, powered by Nielsen, Avg. 12M (Febr 2018- Mar.2017) vs Avg. (Febr 2017- Mar.2016). TDA: Total Digital Audience, DAUs: Daily Active User
Cash Flow
● Unl FCF positive at €17.3 m and EBITDA Cash Conversion2 at 137%
● Cash holdings3 €92.1 m +23% vs €75.1 m of 31 Dec. 2017
● Positive NFP 4 €52.2 m (€72.9 m YE 2017), after €40 m financial liability due to IFRS16
● Increased audience5 +13% mobile daily audience +14% total daily audience
Audience
4. 4May 9, 2018
25%
75%
47%
53%
58
10
2
Multiple revenues streams
SMEs Large account
DIGITAL
REVENUES
Digital Traditional
Q1 2018
REVENUES
€69.5 m
83%
vs 78% in Q1’17
14%
vs 19% in Q1’17
2%
Other
€ mln / %
Presence Digital Advertising
8. 8May 9, 2018
programmatic and direct sales,
special projects
DIGITAL ADVERTISING
A unique and integrated business model
solutions for local business
to get digital and be found
DIGITAL AGENCY
B2C Consumers
a leading audience and
advertising inventory
WEB PROPERTIES
B2B SMEsB2B Large Accounts
9. 9May 9, 2018
Diversified customer base
SMEs
245k Active Customers2
ENTERTAINMENT TECHNOLOGY AUTOMOTIVE
AGENCIES
TELCO RETAIL PERSONAL CARE
LARGE ACCOUNT
700 Customers
FOOD
TRAVEL
1 Source: Audiweb / Nielsen, Average Mar 2018 – Feb 2017 | TDA – Total Digital Audience | DAUs – Daily Active Users
2 Number of active customers, 12 months average at 31 March 2018. FY2017: 250k active customers
4.8 mln
TDA DAUs1
2.4 mln
MOBILE DAUs1
11 min
TIME SPENT
PER PERSON1
INTERNET
17.5m Users
(average monthly)
1
10. 10May 9, 2018
Strong footprint on the territory
63
AGENCIES
Milan
Rome
Turin
Florence
Largest Italian sales network to reach and
support both large accounts and SMEs
1) # workforce and active agents as of March 31, 2018
Strong footprint on the territory
63 SME Media Agencies with 727 sales rep (1)
35 key accounts for large corporates
Headquarters in Milano and corporate
sites in Torino, Florence, Pisa and Rome
1,825 employees (1)
11. 11May 9, 2018
62
1613
59
611
17
25 33 3
6
0
1
2
3
4
5
6
7
0 0.5 1 1.5 2 2.5
4.8
2.4
BUBBLE SIZE DAILY PAGE VIEWS (mln) Mobile
DAUs (mln)
TDA DAUs (mln)
Source: Audiweb Database, powered by Nielsen, Avg. last 12 months | Feb.2018- Mar 2017| (TDA – Total Digital Audience | DAUs – Daily Active Users)
Note: Google and Facebook are not in Audiweb Database, GEDI: data available from May 2017, Yahoo!: data available from March to December 2017
(*) YoY Avg. Feb. 18- Mar.17 vs Avg. Feb. 17- Mar.16
+14% yoy
+13% yoy
Time per person
(mm:ss) + 4.4% yoy
11:07
*
*
*
Audience | Italian leadership further improved
12. 12May 9, 2018
Complete product portfolio to lead SME digital transformation
Website and eCommerce
PagineGialle
Cloud Solutions for SMEs
Retention UpsellingAcquisition
Digital Presence
Digital Marketing
CRM
coming
soon
Customer
From off-the-shelf products to tailor made solutions
We cover the complete digital products value chain
13. 13May 9, 2018
Digital advertising sales house with top programmatic skills
DIRECT ADVERTISING SALES
● Human sales to advertisers and media centers
● Both branding and performance goals
PROGRAMMATIC SALES
● Customer deals
● Open market
● Media planning and buying
● Audience extension on selected targets
PROGRAMMATIC BUY
BESPOKEN SOLUTIONS
● Branded content
● Creative formats and content
● Websites and mini-sites
DMP (Data Management Platform)
Proprietary data for inventory enrichment and multivariable
targeting
● 18 m users (TDA)
● 10 m email subscribers
14. 14May 9, 2018
May
July September
2018
Q1 2018 acquisitions and new commercial partnerships
AdPulse Italia acquired,
the Adux advertising
agency focused on top
publishers websites:
February February April
acquired
iOL is the ADV sales
agency for Primaonline.it
the influential online news
site, reference point for
opinion leader, IT and
communication
professionals
iOL is the ADV
sales agency for Dailymotion
(exclusive for Italy) which
has a leading video ADV
Platform
Video inventory: over 40
streaming/m and over oltre
3.5 m unique users
(comScore)
16. 16May 9, 2018
70.3 69.5
Q1 2017 Q1 2018
10.4 10.5
Q1 2017 Q1 2018
REVENUES EBITDA EBIT
(1.1%)
€ mln, except for percentages
18.2%
14.8%
Revenues towards stabilization | Net Result improving
3.2
1.9
Q1 2017 Q1 2018
1.6
3.9
Q1 2017 Q1 2018
+2.3 € mil
NET INCOME
-1.3€ mil
IFRS 16
Including €2.1m
income from the sale
of remaining finance
leases
Including €1.3m income
due to 11880 Solutions
Ag capital gain and €2m
“Emittente titoli” dividend
12.7
+21.6%
YoY
15.1%
% EBITDA margin
+0.7%
YoY
17. 17May 9, 2018
12.7 10.6
0.2 1.9
3.3 1.2
3.9
EBITDA D&A and write-down Non-recurring and
restructuring costs
EBIT Net Financials and
Impairment on the
disposed investments
Taxes Net result
Q1 2018 | From EBITDA to Net Result
Q1
2018
€ MLN
10.4 8.9
1.7
3.2
0.2 1.8
1.6
EBITDA D&A and write-down Non-recurring and
restructuring costs
EBIT Net Financials Taxes Net result
Including €1.3 m income due to 11880
Solutions Ag capital gain and €2 m
“Emittente titoli” dividend
of which about
€2.2 m due
to IFRS 16
Q1
2017
€ MLN
Including € 2.1m income from
the sale of the remaining
finance leases
18. 18May 9, 2018
Positive Net Financial Position | good cash generation
*NFP at 31 March 2018 is bank debt free. The introduction of IFRS 16, according to which all rents have to be treated as depreciation, implies the accounting of rents NPV as asset and financial
liabilities (virtual net debt according to IFRS 16 equal to €40 million).
** Includes Cash and Current financial receivables from third parties
75
92
-1.5
-40
80
Financial LiabilitiesCash Holdings**
At Mar 31st, 2017 At Mar. 31st, 2018*
Virtual net debt according
to IFRS 16
-2
65
Extraordinary Dividend
On May 10th 2017
€ Million
NFP €145m
NFP €73m
NFP €52m
At Dec. 31st, 2017
The first quarter of the
year benefits from positive
NWC seasonality
19. 19May 9, 2018
87.1
72.9
22.2 0.2 2.8
35.25.1
52.2
NFP Dec. 31, 2017 Capex OFCF Income Taxes Extr. and non
recurring expenses
Other movements NFP Mar. 31, 2018
Q1 2018 | Change in Net Financial Position
Cash Flow from operating activities
19.6
17.3
Unlevered Free Cash Flow
Ebitda Cash Conversion 137% (1)
(1) Cash conversion = Unl FCF / EBITDA
Including IFRS 16 virtual debt
and 11880 Solutions Ag capital
gain and Emittente titoli
dividend
20. 20May 9, 2018
7.0
3.4
5.1 5.4
Capex
Q1 2018 | Capital Expenditures & EBITDA
Q1 2018Q1 2017
€ mln
EBITDA* - Capex
10%
on revenues
7%
on revenues
--27% YoY -+59% YoY
*EBITDA Q1 2018 Net of IFRS 16 effects
21. 21May 9, 2018
60
80
100
120
140
160
180
20-Jun-16 02-Sep-16 16-Nov-16 31-Jan-17 18-Apr-17 03-Jul-17 15-Sep-17 29-Nov-17 15-Feb-18 04-May-18
Volumes Italiaonline FTSE Italia All Share FTSE Italia Small Cap
Shareholders structureIOL versus indices: June 20, 2016 – May 04, 2018
Italiaonline Share
Share data as of May 04, 2018
(*) GoldenTree AssetManagementLux S.à r.l., GoldenTree SG Partners L.P., GT NM L.P. e San
Bernardino County Employees RetirementAssociation
Source: Thomson Reuters EIKON
114.8
3.0
341.988
+46.0%
5.8%
240,527
PERFORMANCE (from June 20, 2016)
RELATIVE PERF.vs FTSE MIB (from June 20, 2016)
AVG DAILYVOLUMES YTD (€)
Saving Share: NOSH 6.803 | Closing Price (€) 322 | Market Cap (€ mln) 2.2
MARKET MTA
NOSH Ord (€mln)
PRICE (€)
MKT CAP Ord (€mln)
22. 22May 9, 2018
4.1
6.9
14.9
6.4
13.4
11.6
3.4
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
3.0 5.0 7.0 9.0 11.0 13.0 15.0 17.0
EV/EBITDA 2018E
IOL vs baskets of peers EV/EBITDA 2018E (average values)
EBITDA Margin 2018E
Ita publishers
Ita internet
Domain
&Hosting
Intl publishers
Source Thomson Reuters EIKON – data as of 4 May 2018 and company analysis
Intl internet
YP players
24. 24May 9, 2018
Investment Summary
1
Attractive Financial Profile
● Cash Flow generation (≈ 74% EBITDA to cash
conversion in 2017) and Positive NFP (€ 73 m)
● Improving profitability
4
2
Leadership
● Top Italian digital company
● leading audience and the largest
advertising inventory
3 6
5
Best in class management
● Long standing experience in digital sector
● Solid track-record in M&A execution
Large Market Opportunity
● Significant market opportunity as SMEs continue to
expand their online presence.
● Act as consolidator (M&A) in a fragmented sector,
thanks to strong financial profile
National Footprint
● Largest Italian sales network sales (~ 800
sales rep and 63 agencies)
● Unique capability to reach and support local
business
Unique & Integrated Business Model
● Complete product offering to digitize ITA
companies and strategic partnerships
● High quality/diversified Customer base