DIL
15/08/2012 08:30
HALFYR
REL: 0830 HRS Diligent Board Member Services INC (NS)
HALFYR: DIL: Summary of Preliminary Half Year Announcement
Diligent Board Member Services Inc. ("Diligent") is pleased to announce its
preliminary half year results for the 6 months ended 30 June 2012. These
results are presented in compliance with US GAAP and are reported in US
dollars.
DIL - Preliminary 2012 Half Year Results
SUMMARY OF PRELIMINARY HALF YEAR ANNOUNCEMENT
Name of Listed Issuer: Diligent Board Member Services, Inc
Reporting Period: 6 months to 30th June 2012
CONSOLIDATED INCOME STATEMENT
(Format - Current half year $US: up (down) % : Previous corresponding half
year $US)
REVENUE FROM ORDINARY ACTIVITIES
18,332,784 : 176% : 6,641,294
PROFIT FROM ORDINARY ACTIVITIES BEFORE INCOME TAX
4,142,691 : 392% : 841,298
PROFIT FROM ORDINARY ACTIVITIES AFTER INCOME TAX
3,357,813 : 308% : 822,308
DIVIDEND
Nil : n/a : Nil
PRELIMINARY HALF YEAR REVIEW
Diligent's 2012 First Half net New Sales and Revenues continued at a record
pace during the first two quarters. New Sales for the First Half of 2012
were $US 13.5 million, compared to $US 4.8 million New Sales in the First
Half of 2011, an increase of 180%. Revenues for the First Half of 2012 grew
to $US 18.3 million, versus $US 6.6 million for the First Half of 2011, a
176% gain.
Diligent ended the First Half of 2012 with Cumulative Sales of $US 39.2
million as compared to $US 14.9 million in the First Half of 2011, which
represents a 164% increase. Also of note, Cumulative Client Agreements
increased to 1,447 by the end of the First Half of 2012, which is an
improvement of 122% from the 653 Client Agreements at the end of the First
Half of 2011. At the end of the First Half 2012, Diligent served over 2,049
boards and more than 39,000 users worldwide.
Steven P. Ruse
Chief Financial Officer
Diligent Board Member Services, Inc.
Main: 212-741-8181 Ext. 332
Direct: 973-939-9432
Fax: 212-629-8785
Web: www.boardbooks.com
End CA:00225945 For:DIL Type:HALFYR Time:2012-08-15 08:30:10
