|By PR Newswire||
|April 17, 2014 01:45 AM EDT||
BRUSSELS, April 17, 2014 /PRNewswire/ --
The strong growth dynamic continues
RENTABILIWEB GROUP (ISIN BE0946620946 - trading symbol BIL) is today publishing its Q1 2014 revenue of €17.3 million, an increase of 11.2% year over year.
This revenue growth is particularly balanced:
- The B to B segment generated promising results, driven by the performance of the Be2bill bank card payment solution;
- The B to C segment benefited from the strategic choices and restructuring implemented during the previous year.
Revenue: Q1 2014
(in thousands of euros) Q1 2014 Q1 2013 Change Revenue 17,348 15,600 +11.2% of which third party audience monetization (B to B) 7,235 6,757 +7.1% of which own audience monetization (B to C) 10,113 8,844 +14.3%
BtoB segment -Be2bill ramp-up
The B to B segment generated Q1 2014 revenue of €7.2 million, up 7.1% year over year.
During Q1 2014, Be2bill's dramatic sales growth made a key contribution to the results for the monetisation solutions (B to B) segment. As of 31 March 2014, Be2bill was used by 1,107 merchants, an increase of 23% compared to 31 December 2013. This performance confirms Be2bill's technological relevance and attractiveness for merchants.
At 31 March 2014, the runrate* for bank card collections totalled €1.4 billion, an increase of 34.6% compared to 31 December 2013. New Q1 clients have already generated a significant business volume, which should continue to gradually increase over the second half of the year.
The average commission rate remains stable and varies from 0.8% to 1.2%, depending on the type of partnership.
Q1 2014 performance also confirmed the excellent sales synergies that exist between the Direct Marketing and Telecom segments. The Telecom segment posted two-figure sales growth year over year.
B to Csegment - growth reported by all business lines
The B to C segment posted revenue of €10.1 million for Q1 2014, up 14.3% year over year. This points to a clear acceleration in the growth rate and shows the benefit of the recent repositioning initiative.
Astrology & Dating services continued to grow, primarily driven by the combined effects of restructuring in 2012 and 2013,as well as strategic choices focused on ROI.
The Women's/Wellbeing and Casual Gaming services were combined at the end of fiscal 2013, a move that has already started to bear fruit. These segments posted slightly improved sales figures for 2014.
Next press release
Publication of the half-yearly results: 30 July 2014.
Download the press release from the Group's institutional site:
* Run rate: expected payments in March projected over an entire year
Founded in 2002, Rentabiliweb Group offers businesses and webmasters the 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 Group 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 250 worldwide. In 2013, Rentabiliweb Group reported revenue of €72 million and operating income of €3.2 million. Rentabiliweb Group 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. Group shares are eligible for French PEA-PME share savings plans.
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