May 2010

EBIT-increase and revenue growth of 22% in Q1/2010

  • 21/05/2010

* Group-EBIT-increased from 0 to 0,6 million Euro
* Very positive Group revenue development: +22 %
* New markets UK and Slovenia show substantial potential
* Two digit revenue and EBIT increase expected for the full business year
2010

The Bob Mobile AG, Straelen (WKN A0HHJR, ISIN DE000A0HHJR3) has further
strengthened it’s market position in the first quarter 2010 and continued
growth in line with the very successful business year 2009. The
consolidated group revenue in the first quarter amounted to Euro 6,2
million (5,1 in Q1 2009).

In all major markets there was growth. Also the new markets UK and Slovenia
added to growth and show great potential.

The group EBIT amounted to Euro 0,6 million, clearly higher than EBIT in
the first quarter of 2009 (Ebit Q1 2009: Euro 0,0 million). This is an even
better result than the EBIT numbers reflect as the media expenditures for
customer acquisition have been increased during this period as an
investment in further growth. The Group Earnings before taxes (EBT) is
almost identical to the EBIT as cost for interest payments are very low.
The Earnings Per Share for Q1 2010 amount to 30 Cent (previous year: 0
Cent). This shows the strong earning power of the business model that is
mostly based on subscriptions. The increased media expenditures for
customer acquisition as well as the cost for build-up of new markets, was
financed out of the cash flow. All figures are preliminary and are subject
to validation by a certified accountant

A reliable revenue and earnings outlook for the business year 2010 is
currently difficult to predict due to continued economic uncertainty as
well as the unpredictable developments on the financial markets. The Bob
Mobile Group of Companies expects however, based on the good Q1 figures, as
well as the positive trend in the first months of the second quarter, for
the full business year 2010, to realize a two digit growth of revenue and
earnings versus the previous year. This expectation is based on the
assumption that there will be no unexpected negative events of major impact
that affect the Group.

About Bob Mobile AG:
Bob Mobile AG is a holding company in the area of mobile value added
services, based in Straelen, Germany. As a leading marketer of mobile and
interactive value added services, Bob Mobile has established
direct-to-consumer distribution in several European countries via its
subsidiaries and possesses a technical reach of nearly 200 million mobile
phone users. In addition, the Bob Mobile Group develops cutting-edge mobile
content & concepts. Bob Mobile specialises in selling its products via TV
and the internet and cooperates closely with leading television
broadcasters as well as internet networks. The Bob Mobile Group focuses on
profitable growth: via expansion into new countries as well as via active
product and services development for current as well as new multimedia
handsets.

Lucy Tiegelkamp
Paesmühlenweg 8, D-47638 Straelen
Telephone: +49 (0)2834 9429209; Telefax: +49 (0)2834 46299409;
Email: Investor@bobmobile.com
Internet: www.bobmobile.ag

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