So you think you’ve made it in the performance marketing space?
Check out the figures in Matomy’s interim report for a humbling come back down to earth:
http://otp.investis.com/clients/uk/matomy/rns/regulatory-story.aspx?cid=813&newsid=441656
Overview of results ($ millions) | H1 2014 GAAP | H1 2013 GAAP | Change GAAP |
Revenue | 107.6 | 97.3 | 11% |
Gross profit | 28.8 | 25.6 | 13% |
Operating profit | 6.5 | 4.6 | 42% |
Pre-tax profit | 13.9 | 4.1 | 235% |
Net income | 13.0 | 3.0 | 329% |
Earnings per share | 0.18 | 0.04 | 328% |
$107m in revenue and $28m USD gross profit in six months. They also just floated on the London Stock Exchange (LSE.MTMY) and have a market capital in excess of two hundred million GBP. The IPO in July has enabled them to start strategically acquiring other companies the most recent of which was a seventeen million purchase of MobFox.
Big business indeed, and an impressive display of what is possible in this industry.