September 2005 1 Presentation Midcap Events 19 & 20 September 2005.
Slide 1 September 2005 1 Presentation Midcap Events 19 & 20 September 2005 Slide 2 September 2005 2 Our Business: ONLINE MULTIMEDIA To create, deliver & promote online contents for the mass market To host & manage corporate online services Slide 3 September 2005 3 History Activities BtoC + BtoBtoC business 5 BtoB business 14 Market & Strategy20 Financial Results23 Conclusion33 Slide 4 September 2005 4History Founded in 1989 Listed on Euronext Paris since 1996 Around 600 people Offices in France, Spain, Italy, Morocco & Canada Lyon Paris Toulouse Hold to 57% by Grenoble Chambry Madrid Milan Casablanca Montreal Slide 5 September 2005 5 History Activities BtoC + BtoBtoC business BtoB business Market & Strategy Financial Results Conclusion Slide 6 September 2005 6 BtoC + BtoBtoC Business Market & Technology Watch - Monitoring worldwide best practices - Evaluating technologies - Integrating software tools - Testing new handsets & devices Content & License Aggregation - Music & movie labels - Comics publishers - Photographs - Brands Service Operation - Hosting & supervision - Animation of services / games - Reporting tools - Digital Rights Management Content Production - Logos, screensavers - Animations - Videos - Games & Java applications Slide 7 September 2005 7 Mediaplazza : Mobile Content Mediaplazza is the largest affiliation platform for mobile content in the world : 35,000+ affiliates (Internet web sites, medias, webmasters etc) have already joined our affiliation program in 50 countries Sonnerie.net network of affiliated web sites entered this year the Top300 of worldwide Internet audience (*) more than 60 million unique visitors / month more than 90 million viewed pages / day Business model is based on revenue sharing with various payment systems: Audiotex Premium SMS A delivery platform interconnected with 130 telcos (*) source Alexa Credit Card Prepaid Card ISP Billing Slide 8 September 2005 8 Mediaplazza : Mobile Content Largest mobile content database in the world, with a catalog of 80,000+ items: ring tones (mono, polyphonic & MP3), logos (B&W, color) voice mail messages, Java games Slide 9 September 2005 9Mediafusion 2005: Acquisition of the leading online service provider in Spain, for voice & mobile services on BtoC & BtoB markets High-capacity multi-channel online server with Mobility: SMS, MMS, WAP value-added services for content providers & publishers (vote, chat, games, promotion, news, ) mobile personalization with in-house & third-party content (logos, ring tones, pictures, games) Wireline telephony: 80x et 902 Audiotex BtoB: value-added services for companies (customer service, helpdesk, virtual call center) BtoC: entertainment voice services SMS Marketing: advertising & promotion campaigns 100+ people in Madrid Slide 10 September 2005 10 Business Case i-mode services: content (customization, lottery results) games, event-driven services Voice portal on the 3214 short number SMS Games: 30+ event-driven games per year Premium SMS services on 31234, 51234 & 71234 short codes SMS -> voice platform hosting Content providing for Orange World & the voice portal Content providing for Vodafone Live! & the voice portal Slide 11 September 2005 11 Business Case Interactive voice services based on TV programs & real TV with news, games, voting: Ferme des Clbrits, Star Academy, Nice People, Who wants to be a millionaire, Miss France... Voice Portal using speech recognition on a short number: 3280 Summer 2005 : hosting of the Internet / Web platform for all the TF1 group web sites managed by Slide 12 September 2005 12 Business Case : WAP / i-mode services Slide 13 September 2005 13 Jet Media : Advertising Agency An agency selling ad-space to promote online services Audiotex number Premium SMS short code Minitel service Focused on classified ads press groups, with 400 titles : Paru-Vendu, SPIR Communication weekly magazines TV press : Tl 2 Semaines, Tl Grandes Chanes, TV Magazine, Tl Poche, Tl Star womens press : Voici, Maxi, Nous Deux, Mon Jardin-Ma Maison... Slide 14 September 2005 14 History Activities BtoC + BtoBtoC business BtoB business Market & Strategy Financial Results Conclusion Slide 15 September 2005 15 BtoB Business Our business: multichannel value-added hosting for online services combining Internet, Wireline, Mobile Phone, Minitel in addition to telco offers Our market: the demand from large companies & administrations is for transactional & complex applications: CRM, e-business, online administration...... Two value offers: hosting & managed services application service provider (ASP) Our partners: solutions fitting the needs of our customers, designed in partnership with reknown hardware & software vendors Slide 16 September 2005 16 Hosting + Business Solutions From Value-added Hosting to Managed Services Jet Multimdia has developed expertise on the hosting of multi-channel online services From being a Minitel + Audiotel hosting center, Jet Multimdia is now a major player for Internet ans Mobile services Our expertise allows us to host in our Data Centers most complex platforms, including those of Media companies, demanding the most recent technologies Working for large companies and administrations has allowed Jet Multimdia to acquire reknown competences in integration and maintenance of hosted platforms with the highest level of quality of service Today, more and more companies give us the outsourcing of IS infrastructures with managed services contracts Ths approach is directly complementary among that of Slide 17 September 2005 17 Hosting + Business Solutions Application platforms to deliver multi-channel business solutions Jet Multimdia datacenters are directly connected to fixed and mobile telecom backbones, in France and outside of France. This infrastructure is hosting application platforms providing value added to the networks by offering multi-channel solutions : Internet, Fixed & Mobile telephony Jet Multimdia has developed a wide range of business solutions answering the needs of companies and administrations, especially for communication (e-mail, collaborative teamwork), customer relationship management (voice portal, multi-channel virtual contact center), interactive marketing (SMS, SMS+, MMS, i-mode, WAP, e-mailing) and online payments (Audio+, SMS+, Internet+, credit card) Slide 18 September 2005 18 Business Case Plate-Formes de Services nationwide IVR+ACD+CTI server to collect & route the phone calls thru a "global virtual call center" 95% deployed - more than 3 million calls per month Contact Centers for management of incoming phone calls and e-mails smart routing Slide 19 September 2005 19 Business Case "Contacteur Hyperphone" system to automatically link recruitment agencies to people seeking jobs when a job mission meets people's profile, the server automatically issues a call by phone / SMS / e-mail / fax more than 1 million contacts monthly, 90% successful within less than one hour system deployed in France and Benelux Hosting of Internet portals & event-driven web sites fully redundant servers with firewalling & load balancing capabilities, e-mail platform, audio & video streaming millions of visits per month Slide 20 September 2005 20 History Activities BtoC + BtoBtoC business BtoB business Market Financial Results Conclusion Slide 21 September 2005 21 Online multimedia 2005, market for online services : Worldwide 900 millions Internet users 1400 millions mobile users France 50 millions wireline users 45 millions mobile users 24 millions Internet users 15 millions Minitel (sources ART, France Telecom, Mediamtrie, iData) Slide 22 September 2005 22 Mobile services 2005-2010: explosion of mobile services 64% of French teenagers have already downloaded a ringtone (source Mdiamtrie ) in France, 10 million mobiles are using WAP, i-mode, MMS or e-mail multimedia services - 25% of the total customer base (source ART ) Mobile contents could reach 45 bn by 2009 (source Juniper Research) Mobile Java services could reach 15 bn$ by 2008 (source ARC Group) Java games market could be 1 bn$ by 2005 and 6 bn$ by 2010 (source ScreenDigest) Mobile TV could reach 52 millions people and 6.7 bn$ by 2009 (source Strategy Analytics ) Slide 23 September 2005 23 History Activities BtoC + BtoBtoC business BtoB business Market & Strategy Financial Results Conclusion Slide 24 September 2005 24 Consolidated 2004 revenue:E 144.2 Mln Cumulated 2004 revenue: E 200 Mln approx. (after Mediafusion acquisition in January 2005) 2004 : Revenue Growth Consolidated Revenue +20% E Mln Slide 25 September 2005 25 2004-2005 : Business breakdown Slide 26 September 2005 26 2004-2005 : Business breakdown Breakdown by Technologies for Multimedia Hosting Slide 27 September 2005 27 2005 : Growth driven by Mobile H1 2005 revenue (IFRS): E 112.4 Mln +41% Evolution: "Multimdia Hosting" +45% E 100.7 Mln Mobile services: from E 4.3 mln to E 28.2 Mln Telephony Services: +25% Internet & E-business: +18% Minitel : -34% " Advertising & Communication " + 14% E 11.7 Mln Slide 28 September 2005 28 Simplified P & L Million of euros 2004 20032002 Turnover144.2120.0108.5 Operating income 6.04.9-3.5 Operating + financial income 7.06.2-1.2 Net income22.214.171.124 before goodwill amortization Net income126.96.36.199 Slide 29 September 2005 29 Simplified balance sheet ASSETS 000 euros 20042003 2002 Fixed assets22 56817 33120 328 Current assets51 45347 32841 958 Deferred charges 9 7748 1476 322 Cash41 05133 75769 105 LIABILITIES Stockholders equity 70 52759 42292 570 Prov. / liabilities & charges 2 0512 5443 227 Current liabilities 44 78141 76837 606 Other debts 7 487 (*) 2 8294 310 TOTAL 124 846106 563137 713 (*) including E 2.8 Mln for Mediaplazza acquisition earn-out Slide 30 September 2005 30 Stock Chart Mediafusion Acquisition Listed on Eurolist C Slide 31 September 2005 31Shareholders Free Float Capital : 9 219 311 shares Market Cap : E 190 Mln (approx.) Slide 32 September 2005 32 History Activities BtoC + BtoBtoC business BtoB business Market & Strategy Financial Results Conclusion Slide 33 September 2005 33Conclusion IN 2005, THE EUROPEAN LEADER FOR MULTIMEDIA ONLINE SERVICES A unique global player, making more than E 200 Mln annual sales More focused on mass market and mobile business More international, with more than 1/3 of the business outside of France More profitable, accelerated growth, with cash and a free credit- worthiness: To be a player of the sector consolidation in Europe Slide 34 September 2005 34 Strategy for 2005-2007 To boost the growth and to improve the profitability by being more focused on BtoC mass market and mobile services To be a key player in Europe for providing, aggregating, delivering & promoting multimedia online services for the mass market To develop worldwide, taking advantage of huge growth in America and Asia