Da der alte Thread nicht mehr gepflegt wird/ werden kann, mache hier mal neu auf (Threadersteller nicht mehr existent).
Zuerst die Q 2 Zahlen:
Quepasa Corporation Reports Second Quarter 2011 Results
Strong Momentum in Social Gaming and Revenues of $1.8 Million Punctuate Excitement Around Planned Merger With myYearbook
August 11, 2011 4:45 PM EDT
WEST PALM BEACH, FL -- (MARKET WIRE) -- 08/11/11 -- Social media technology company, Quepasa Corporation (NYSE Amex: QPSA), owner of popular Latino online social network Quepasa.com and social gaming studio Quepasa Games today reported results for its second fiscal quarter of 2011 ended June 30, 2011.
Second Quarter 2011 Highlights
Financial Highlights:
Revenues of $1.8 million were reported, a near 59% increase over the $1.2 million reported in the second fiscal quarter of 2010, and $401 thousand or 17% lower than the $2.2 million achieved during the first quarter 2011. Game revenues of $219 thousand were reported in the second quarter of 2011 primarily from the launch of the first internally developed game as a result of the acquisition of gaming studio XtFt. GAAP EPS of ($0.14) loss during 2Q11 compared with ($0.15) loss during 2Q10, and ($0.10) loss in 1Q11. EBITDA came in at a loss of $985 thousand in 2Q11 versus a loss of $156 thousand in 2Q10, and a loss of $357 thousand in 1Q11 (see discussion of EBITDA, a non-GAAP financial measure, below). Business Development Highlights:
During the second quarter of 2011, Quepasa Games announced the launch of its first social game offering, Wonderful City -- Rio (Cidade Maravilhosa), across multiple social networking platforms. As of June 30th, the game had a global install base of over 2 million members, which represents 73% growth on a month-over-month basis.
Quepasa Contests reported record engagement results for a campaign with reseller partner Sony Pictures Television Ad Sales Latin America. The campaign drove 13 million engagements, doubling Quepasa Contests previous record. Highlights from the results included over 1.8 million shares -- socially and by email -- with Facebook and Twitter dominating social behavior. Quepasa announced an agreement with PRISA DIGITAL, the leading media company in the production and distribution of digital news, and entertainment in the Spanish and Portuguese speaking world. The agreement will bring components of Quepasa's social media advertising technology to PRISA's existing network of European, US and Latin American advertisers. Quepasa.com added 4.6 million registered users during the second quarter of 2011, bringing total registered members to a record 38.2 million at the end of June. Retention metrics showed considerable improvement; on average, return visitors viewed 33.2 pages and spent 18.8 minutes on-site, representing 11% and 42% month-over-month increases, respectively. Shares of Quepasa Corporation were chosen for inclusion in several Russell Indexes including the Russell 2000, the Russell 3000, the Russell Global and the Russell Microcap, as a part of the Russell's 2011 reconstitution. Q2
Q2 2011 Financial Results
Revenues for the quarter totaled $1.8 million, up nearly 59% from $1.2 million in the second quarter of 2010, and $401 thousand or 17% lower than the $2.2 million achieved during the first quarter 2011. $219 thousand of these revenues resulted primarily from the successful launch of Quepasa's first social gaming title. 93% of social games revenues were generated during the months of May and June. The social games revenue recognition for the sale of virtual items is based on the applicable US GAAP. The remaining revenue came primarily from advertising, in particular the sale of social media advertising campaigns (formerly referred to as DSM campaigns.) (See "Important Disclosures," below, regarding revenue sources.)
Net loss for the second quarter of 2011 was $2.3 million or 14 cents per basic and diluted share, an increase from the net loss of $1.9 million or 15 cents per basic and diluted share in the second quarter of 2010, and an increase from a net loss of $1.5 million or 10 cents per basic and diluted share in the prior quarter.
Cash and cash equivalents decreased by $2.3 million to $11.2 million at June 30, 2011, from $13.5 million at December 31, 2010, but increased from $0.5 million at June 30, 2010. The sequential decline is primarily the result of increased accounts receivable and cash usage associated with the acquisition of XtFt and its initial operations developing games, while the year-over-year increase is predominantly the result of the proceeds received from our December 2010 stock offering.
EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization, including amortization of non-cash stock based compensation) for the second quarter was a loss of $985 thousand or 6 cents per basic and diluted share, declining from an EBITDA loss of $357 thousand or 2 cents per basic and diluted share in the first quarter, and year-over-year from an EBITDA loss of $156 thousand or 1 cent per basic and diluted share the second quarter of 2010 (see important discussion about the presentation of EBITDA, a non-GAAP financial measure, and a reconciliation to the most directly comparable GAAP financial measure, below).
Management Commentary
"Our strategic focus on user retention and monetization yielded exciting results in the second quarter," said John C. Abbott, CEO of Quepasa. "The early success and growing momentum around the release of our first social gaming title has testified to our ability to leverage our footprint in Latin America to deploy high growth businesses the region. Wonderful City - Rio, produced strong retention metrics and average revenue-per-paying-user (ARPPU) figures ahead of industry averages. The game's growing momentum on Facebook, Orkut and Quepasa has put us on an exciting trajectory for the months to come, as we continue to scale our marketing efforts and deploy new versions of the game specific to a broader Latin American audience. We are also excited to show continued progress on the retention and monetization of Quepasa.com. In particular, our Quepasa Contests social media advertising solution generated significant revenue and record engagement levels this past quarter, attracting new partners to our growing list of resellers. We have made a strategic investment, in turn, to support the relaunch of the Quepasa Contests platform to meet this demand. We look forward to benefitting from a more scalable solution that will allow us to appreciate opportunities for engaging Latin audiences in state-of-the-art viral advertising campaigns that span the social web."
"Finally, we believe the planned merger with myYearbook, set to close in the fourth quarter of 2011, will only accelerate our progress to date. We are excited by the tremendous synergies between the companies, of which our shared strategic emphases on social discovery and social gaming are only the beginning. Our early collaboration with myYearbook's talented team has only heightened our enthusiasm for the planned combination, and we eagerly anticipate a pathway towards our goal of becoming the leading global platform for social discovery," said Abbott.
Conference Call
The Company will host a conference call to discuss details and answer questions about the Company's second quarter 2011 results, as well as provide additional information on the outlook for the remainder of 2011 on Thursday, August 11, 2011, at 4:30 p.m. Eastern Time. The conference call can be accessed by dialing toll-free (877) 941-8416 (U.S.) or 1-480-629-9808 (international). To access the simultaneous audio-only webcast go to http://viavid.net/dce.aspx?sid=00008A85, or visit the Investors section on the company's website at www.quepasacorp.com. A replay of the call will be available after 7:30 p.m. ET on the same day and until 11:59 p.m. ET September 11, 2011. Toll-free replay number: 1-877-870-5176, International replay number: 1-858-384-5517, Replay pin number: 4461052
About Quepasa Corporation
Quepasa Corporation (NYSE Amex: QPSA) is a social media technology company which owns Quepasa.com, the leading online social network and game platform for the Latino community, Quepasa Games, a cross platform social game development studio, and Quepasa Contests (formerly Quepasa DSM), a cross platform social advertising and contest platform. Quepasa.com provides fun, interactive, and easy to use social tools, and rich multimedia content in English, Spanish and Portuguese to embrace Latinos everywhere, and empower them to connect online, compete in contests and games and share their interests, ideas, and activities. Quepasa is headquartered in West Palm Beach, Florida with offices in Miami, Los Angeles, Scottsdale, Hermosillo, Mexico, and Curitiba, Brazil. For more information about the company, go to www.quepasacorp.com, or join for free at www.Quepasa.com.
<<< Posting gekürzt anzeigen
|