NetPlay TV plc (AIM: NPT) - Final Results for year ended 31 December 2014
Following on from yesterday’s announcement of a contract extension, Netplay TV today announced final results for 2014 which were in line with expectations although difficult to gauge the outlook at this early stage. Encouraging, though, to see a 10% increase in the dividend.
? 2014 Financial Highlights Net revenue of £27.4m (2013: £28.5m) Adjusted EBITDA[*] of £3.6m (2013: £5.2m) Adjusted earnings per share of 1.09 pence per share (2013: 1.68 pence per share) Cash and cash equivalents at year end increased to £14.2m (2013: £13.9m) 10% increase in proposed total dividend to 0.55 pence per share (2013: 0.50 pence per share) as a result of increasing the proposed final dividend to 0.33 pence per share (2013: 0.32 pence per share). Post period highlights & trading update NetPlay TV has strengthened the relationship with a new Channel 5 agreement which runs until December…