MailUp Group Reports +38% Organic Growth in H1 2018

MILAN, October 1, 2018 /PRNewswire/ --

Very positive consolidated H1 results released: consolidated revenues +38%, foreign revenues +52%, Ebitda margin +56%, consolidated net earnings +225%, net cash position of ?8.9M 

MailUp (MAIL.MI), admitted to trading on the multilateral trading facility AIM Italia / Alternative Investment Market and operating in the marketing technology field, released yesterday the half-year consolidated report as of 30 June 2018, IAS/IFRS-compliant and positively audited.

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Here follow selected consolidated six months figures (?):

    Item                           30/06/18    %       30/06/17     %       Change      Ch%
    Revenues from Email           5,066,870   28.1%   4,702,584   35.9%    364,286     7.7%
    Revenues from SMS            11,951,648   66.3%   7,512,506   57.4%  4,439,142    59.1%
    Revenues from BEE               425,933    2.4%     183,624    1.4%    242,309   132.0%
    Revenues from
    Professional Services           243,705    1.4%     218,413    1.7%     25,292    11.6%
    Other source of revenue         346,311    1.9%     467,524    3.6%  (121,213)  (25.9%)
    Total Revenues               18,034,467  100.0%  13,084,651  100.0%   4,949,816   37.8%
    Gross Profit                  6,348,694   35.2%   5,726,309   43.8%    622,385    10.9%
    EBITDA                        1,865,279   10.3%   1,197,902    9.2%    667,377    55.7%
    Profit (Loss) for the period    513,113    2.8%     157,731    1.2%    355,382   225.3%

The Board of Directors is very satisfied for the positive half-year results, especially in light of the highly competitive market landscape and complex economic situation, and confirms growth strategy, both organic and by M&A.

Last week MailUp Group announced they signed a binding agreement for the acquisition of 100% of Dutch-based Datatrics, which developed a proprietary state-of-the-art predictive marketing platform, able to grow globally and focused on making data-science accessible to marketers.

MailUp Group - ISIN IT0005040354 - Reuters: MAIL.MI - Bloomberg: MAIL IM - http://www.mailupgroup.com

Micaela Cristina Capelli, MailUp Group Investor Relations, Tel. +39-02-7104-0485, [email protected]