DGAP-News

Bob Mobile AG: Group EBIT and revenue increase of 30% in Q3/2010 versus Q2/2010, internationalization and games showing positive developments

Bob Mobile AG  / Key word(s): Quarter Results

22.11.2010 14:18

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* Revenue increased from 7.7 to 10.0 million Euro
* EBIT increased from 0.9 to 1.2 million Euro
* Growth in core markets as well as in new markets
* First Browsergame, War2Glory´ is live and promising
* License and distribution rights secured for more than 20 games
* Positive outlook of revenue and EBIT for full year 2010 as well as 2011

The Bob Mobile AG (WKN A0HHJR, ISIN DE000A0HHJR3) again showed strong
growth in the third quarter of 2010 and has thus further continued its
growth trend from the previous quarters. The consolidated group revenue in
the third quarter 2010 amounted to Euro 10.0 million (Euro 7.7 million in
Q2 2010), a plus of 30%. The Group revenue for the first three quarters
amounts to Euro 23.9 million (Euro 22.6 million in the first three quarters
2009). Growth was foremost generated from selling mobile services in
Germany as well as in newly launched countries. Only the Greek market
showed a revenue decline due to the depressed economic climate. It is
expected that the strong growth trend from the third quarter will be
continued in the fourth quarter 2010 as well.

The group EBIT also showed clear growth amounting to Euro 1.2 million in
the third quarter 2010 (Euro 0.9 in Q2 2010), a plus of 33%. The total
group EBIT for the first three quarters amounted to Euro 2.7 million (Euro
2.3 million in 2009). This is an increase of 17% even though the EBIT in
the third quarter was under pressure from increasing media budgets,
additional costs from launching new markets for the mobile value added
services and start-up cost of the newly founded games unit Just A Game
GmbH.

The group earnings before taxes (EBT) is with Euro 2.7 million almost
identical to the EBIT as costs for interest payments are very low. The
earnings per share for the first three quarters 2010 amount to 87 cent. All
figures are preliminary and are subject to validation by a certified
accountant.

Within the group especially the subsidiary Guerilla Mobile Berlin GmbH
(participation 50.2%) showed strong growth and consequently continued its
internationalization strategy: Israel and Hungary have been launched as new
territories and by the end of 2010 Guerilla Mobile will be active in 14
countries. Some of the newly launched countries are already adding to
growth. The Pink Adventure AG also focussed on growth in the third quarter,
via TV as well as via internet, while still concentrating on the German
market.

The in July 2010 newly founded subsidiary Just A Game GmbH has successfully