Gameforge Berlin AG
Frogster Interactive Pictures AG outperforms own Estimate for 2009 / Revenue multiplied by Factor six / Profit of more than 80 Cent per Share / Strong Growth expected for 2010
Frogster Interactive Pictures AG / Final Results/Forecast 19.02.2010 07:30 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Berlin, 19.02.2010: Frogster Interactive Pictures AG, international publisher of massively multiplayer online games with headquarters in Berlin and subsidiaries in Berlin, San Francisco and Seoul announces temporary figures for 2009 (IFRS group consolidated). The 2009 revenue has multiplied by factor six compared to the previous year (2.3m Euro) and amounted to over 14m Euro. The December 2009 revenue outreached the already high November revenue with over 2m Euro. The net profit amounted to over 2m Euro or around 0.90 Euro per share. After minority interests of third party shareholders of group companies, the net profit comes to more than 0.80 Euro per share. In the year 2009, there were 2,436,000 shares on average. Cash at year-end amounted to over 2.5m Euro (previous year 1.5m Euro). Earlier Estimate for 2009 outperformed Lastly, on 3rd December 2009, Frogster had published a revenue estimate for 2009 of 13.5m Euro and a profit estimate after tax and minority shareholders' interests of 0.70 Euro per share. Strong, profitable Expansion expected for 2010 The guidance for 2010 which was also communicated in the beginning of December 2009, provides for a revenue goal of 25m Euro and a profit goal after tax and minority shareholders' interests of 1.50 Euro per share. In January and February, new records with regards to the number of concurrent users present within the game have already been reached which is the most important success indicator. Frogster Interactive Pictures AG, Tel. +49 (0)30-28 47 01-0 19.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Frogster Interactive Pictures AG Hardenbergstr. 9A 10623 Berlin Deutschland Phone: 030 / 284701-10 Fax: 030 / 284701-11 E-mail: frogster@ir-services.de Internet: http://www.frogster-ip.de/ ISIN: DE000A0F47J1 WKN: A0F47J Indices: Entry Standard Performance-Index Listed: Freiverkehr in Berlin, München, Düsseldorf, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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