DGAP-News: net mobile AG: keeps on growing in revenues

PRESSEMITTEILUNG - PRESS RELEASE

net mobile AG keeps on growing in revenues net mobile AG increases revenue in second quarter of 2012 by 24.4% to EUR28,686 k compared to Q2 2011, where revenue wasEUR23,060 k.

Successful alignment of the company towards smartphones

Dsseldorf, 28th of September 2012 - net mobile AG (ISIN: DE0008137852), Europes leading full-service provider for mobile and interactive value-added services and payment solutions, has reported a significant increase in revenue in the second quarter of 2012. Overall, revenue was up by EUR5,626 k or 24,4% to EUR28,868 k in the second quarter of 2012 (comparable quarter EUR23,060 k). All business divisions contributed positively to the companys continued successful business development.

Earnings before interest and taxes (EBIT) in Q2 2012 are with EUR -2,646 k nearly on previous quarters level (previous quarter: EUR -2,566 k). Due to the slightly improved financial result of EUR -97 k (previous quarter: EUR -102 k) as well as taxes of EUR 811 k (previous quarter EUR 784 k) the current reporting period shows a consolidated result of EUR -1,931 k. This totals to an overall slight decrease of EUR 48 k in comparison to the previous quarter.

Overall, the company is behind its budget. The dramatic market environment changes in demand from the group increasing efforts to fulfil the customer needs. The group will continue to invest in major future growth areas. The company sees growth potential in applications for smartphones such as Taiyo and in the expansion of payment functionalities. In addition the company expects higher costs and consequently declining gross margins. Additionally, currency fluctuations of the No-Euro-Zone consolidated companies had an impact on the net financial income.

Shareholder equity decreased by EUR 2,266 k during the reporting period. Total cash wasEUR 54,033 k as per the 30th of June 2012. Mainly due to the increase of the balance sheet total by EUR 9,284 k to EUR 140,476 k the equity ratio declined from 42.9 % to 38.5 % but still remains at a very high level; especially when taking into account the change in the consolidated companies.

Liquid assets of the company result at the reporting date to a total of EUR 29,057 k and short-term liabilities to banks to a total of EUR 23,936 k.

Outlook

Within the difficult market conditions net mobile group intends to continue its strategy. We still believe in to thesystematic alignment towards smartphone and tablet PC technology and an optimisation of m- and e-commerce payment methods on an international level. Due to the dramatic changes in the market conditions, future business forecasts are very difficult. net mobile AG sees itself very well positioned to fulfill the upcoming tasks as we are fully supported by our majority shareholder NTT DOCOMO, INC.

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DGAP-News: net mobile AG: keeps on growing in revenues

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