Ann: HALFYR: VML: 2015 Interim Results Announcement

• Release Date: 10/12/15 08:30
• Summary: HALFYR: VML: 2015 Interim Results Announcement
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					VML
10/12/2015 08:30
HALFYR
PRICE SENSITIVE
REL: 0830 HRS VMob Group Limited

HALFYR: VML: 2015 Interim Results Announcement

VMOB 2015 INTERIM REPORT AND MARKET UPDATE
10 December 2015

VMob Group Limited (VML) today announced its interim results for the six
months ended 30 September 2015. Highlights included:
o Annualised Committed Monthly Revenue (ACMR) of $4.8m, an increase of 1,057%
over the same period last year.
o Total revenue for the period of $3.3m, a 440% increase over the same period
last year.
o Net loss after tax of $3.2m, up 62% from the same period last year,
reflecting continued investment in strategic market development and
technology platform evolution.
o ACMR forecast to exceed $10m in next six to nine months.
o US presence expanded and relationship with Microsoft deepened.
o Existing customers increasing usage of VMob solutions, which now include
sophisticated data analytics capability.
o New customer engagement accelerating.
o Technology platform performing well at scale.

During the last six months the Company has successfully delivered several
projects with existing global customers, all of which will underpin future
growth in ACMR as these deployments scale up.

There has also been a been a real focus on growing VMob's footprint in the
strategic US market with the effort being led by the Company's CEO, Scott
Bradley, who recently re-located to San Francisco. This has seen the tempo of
the Company's sales activity increase with the number of new customer
discussions accelerating rapidly in the latter part of the year.

This increase in momentum in the US will place VMob in a strong position to
win more new business in the 2016 year.

VMob's relationship with Microsoft has deepened during the period. The
Company has strong visibility and support within Microsoft right up to CEO
level and Scott Bradley and the Company's sales personnel now regularly get
introduced by Microsoft to major US retailers looking for retail technology
solutions.

The Microsoft relationship is a unique competitive advantage for VMob and
enables the Company to quickly establish customer relationships that would
otherwise be very difficult to develop.

The Directors are confident about the future prospects for the business and
expect ACMR to exceed $10m in the next six to nine months as usage by
existing global customers grows and new customers are acquired with
Microsoft's assistance.

(ACMR is a non-GAAP SaaS metric representing committed monthly recurring
revenue as at the balance sheet date multiplied by 12 months)

For more information, please contact:
Scott Bradley, Founder and CEO
Email: [email protected] Mobile: +1 (347) 744 3142

About VMob
VMob has quickly established itself as the global leader in the provision of
end-to-end mobile personalisation and real-time, contextual analytics
services that enable major retail brands to create highly personalised
marketing campaigns to reach customers at exactly the right time and place.

The Company's sophisticated technology platform integrates with retailers'
own smartphone apps to continuously collect and store real-time data
(including movement speed, local weather and nearby events) with users'
lifestyle preferences, buying behaviour and location information to deliver
personalised offers not possible with other media, resulting in significantly
higher sales conversion rates.

The platform comprises a number of modules designed to acquire and serve
customers, nurture them through the sales cycle and then reward them with
loyalty inducements to encourage them back into store. These services are
delivered using Microsoft's cloud platform, Azure, through a global network
of Microsoft data centres.
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End CA:00274891 For:VML    Type:HALFYR     Time:2015-12-10 08:30:27