In the fast-paced world of digital media, staying ahead of the game is crucial for success. And when it comes to innovation and growth, one name that stands out is HiMedia Group.
With their recent report showcasing impressive results for the first semester of 2014, it’s clear that this powerhouse is set to make waves in the industry. Boasting a revenue of €85.9 million and a net income of €16 million, HiMedia Group is not only making a mark with its financial performance, but also with its strategic plans.
By honing in on mobile advertising and gradually improving profitability, HiMedia Group is poised to revolutionize the digital landscape. Get ready to delve into the world of this dynamic company and discover what sets them apart.
HiMediaGroup
HiMediaGroup reported a revenue of €85.9 million for the first semester of 2014. The group’s gross profit was €29.1 million and net income was €16 million.
Cash available at the end of June was €78 million. The company experienced a decline in traditional display format, except for real-time bidding (RTB).
Digital payments represented over 30% of gross profit. HiMediaGroup has a strategic roadmap for profitable growth and has implemented a share buyback program.
The company aims to improve market share and profitability through local partnerships and focusing on mobile advertising. Their goal is to achieve a volume flow record higher than €700 million annually.
HiMediaGroup generated sales of €185 million in 2013 and has new financial means for redeployment and growth. They plan to acquire complementary activities and continue the share buyback program.
The company’s next financial communication is scheduled for November 4, 2014.
Key Points:
- HiMediaGroup reported €85.9 million in revenue for the first semester of 2014
- Gross profit was €29.1 million and net income was €16 million
- Cash available at the end of June was €78 million
- Digital payments represented over 30% of gross profit
- HiMediaGroup has a strategic roadmap for profitable growth and has implemented a share buyback program
- The company aims to improve market share and profitability through local partnerships and focusing on mobile advertising, with a goal of achieving a volume flow record higher than €700 million annually
Sources
https://www.marketscreener.com/quote/stock/HI-MEDIA-4763/news/HI-MEDIA-HIMEDIA-GROUP-A-STRENGTHENED-FINANCIAL-PROFILE-AND-CONTINUED-DEVELOPMENT-18814571/
https://www.crunchbase.com/organization/hi-media
https://www.owler.com/company/himediagroup
https://rocketreach.co/himedia-group-profile_b5c65f70f42e0cac
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💡 Pro Tips:
1. HiMedia Group had a net income of €16 million for the first semester of 2014, showing positive turnaround in the second quarter.
2. Digital payments accounted for more than 30% of HiMedia’s gross profit.
3. HiMedia Group aims to achieve a volume flow record higher than €700 million every year.
4. The company plans to acquire complementary activities as part of its growth strategy.
5. HiMedia has signed agreements with advertising partners and is focusing on mobile advertising to improve market share and profitability.
Revenue Of €85.9 Million
HiMedia Group, a leading media company, recently released its financial results for the first semester of 2014. The group reported a revenue of €85.9 million, demonstrating its strong performance in the market.
This figure serves as a testament to the company’s ability to generate substantial income from its various operations.
Gross Profit Of €29.1 Million
The group’s gross profit for the first semester amounted to €29.1 million. This indicates that HiMedia has been able to effectively manage its production costs and generate a significant profit margin.
The company’s dedication to maximizing its profitability has resulted in this impressive financial outcome.
Net Income Of €16 Million
HiMedia Group achieved a net income of €16 million during the first semester of 2014. This figure highlights the company’s ability to generate substantial profits after deducting all expenses and taxes.
It also demonstrates HiMedia’s efficient management of its financial resources to ensure sustainable profitability.
Cash Available At End Of June: €78 Million
As of the end of June, HiMedia Group had a cash balance of €78 million. This strong cash position provides the company with financial stability and flexibility to invest in strategic initiatives, pursue growth opportunities, and enhance shareholder value.
With such a substantial cash reserve, HiMedia is well-equipped to navigate the ever-evolving media landscape.
Accelerated Decline In Traditional Display Format
One notable trend observed during the first semester of 2014 was the accelerated decline in traditional display format for HiMedia Group. However, the company experienced positive growth in real-time bidding (RTB), which offset the decline in other traditional display formats.
This showcases HiMedia’s ability to adapt and capitalize on emerging trends in the advertising industry.
Digital Payments Represent Over 30% Of Gross Profit
Digital payments played a crucial role in HiMedia Group’s financial performance, representing more than 30% of the company’s gross profit. This signifies the increasing importance of digital transactions in the media industry and reflects HiMedia’s successful integration of digital payment solutions into its business model.
The company’s ability to leverage digital payments has contributed significantly to its overall profitability.
Strategic Roadmap For Profitable Growth
HiMedia Group has developed a strategic roadmap to drive profitable growth. By carefully identifying and capitalizing on opportunities in the market, the company aims to further increase its revenue and enhance its market position.
This long-term vision underscores HiMedia’s commitment to sustainable growth and its ability to navigate a rapidly changing industry.
As part of its commitment to maximizing shareholder value, HiMedia Group implemented a share buyback program. This initiative allows the company to repurchase its own shares, which can boost the value of the remaining shares while providing shareholders with attractive returns.
The implementation of a share buyback program demonstrates HiMedia’s confidence in its future prospects and its commitment to delivering value to its shareholders.
Consolidated Proforma Turnover: €84 Million
The consolidated proforma turnover for the first semester of 2014 was €84 million. This figure represents a strong performance in the market and highlights HiMedia’s ability to generate substantial revenue from its various operations.
The company’s ability to achieve such a high turnover demonstrates its market leadership and its ability to attract and retain clients effectively.
Focus On Mobile Advertising And Local Partnerships
Recognizing the growing importance of mobile advertising, HiMedia Group has shifted its focus towards this segment. By targeting the mobile audience, the company aims to capture new revenue streams and leverage the increasing popularity of smartphones and tablets.
Additionally, HiMedia is considering local partnerships to enhance its market share and further improve profitability. These strategic moves highlight the company’s commitment to adapt to industry trends and secure its future growth.
In conclusion, HiMedia Group’s strong financial performance in the first semester of 2014 is a testament to its ability to generate revenue and profitability in the highly competitive media industry. The company’s focus on digital payments, strategic roadmap for growth, and implementation of a share buyback program demonstrate its commitment to maximizing shareholder value.
With a solid cash position and a drive to embrace new trends such as mobile advertising, HiMedia is well-positioned for continued success in the future.