NetPlayTV (AIM:NPT) nice trading update and upgrades follow
The interactive TV gaming company announced very positive 4th quarter key performance numbers which has brought out at least one upgrade.
Total net revenue increased 33% to £7.9m (Q4 2012: £5.9m) 22% increase on Q3 2013. As we are seeing everywhere activity on mobiles and tablets is growing with NPT seeing a 121% increase on prior year from these which now accounting for 30% of total net revenue (Q4 2012: 18%). Full year EBITDA is now expected to be at top-end of market expectations During the period the Company acquired the well known Vernons brand for total cash consideration of £3m and the integration of this brand into the existing NetPlay infrastructure is nearly complete. Previous Director selling has been a…