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Revenue growth of 45% for Perform Group

By BFN News | 09:04 AM | Tuesday 01 May, 2012

Perform Group is on track to deliver 2012 revenue and EBITDA in line with the board's expectations. The company points to year on year revenue growth of 45% to £31.4m (Q1 2011: £21.7m), with growth across all business areas. Some £104m of revenue contracted for full year 2012. (£72.9m of 2011 revenues were contracted at the same point in time in 2011). Other year highlights include an increase in Watch&Bet licensees to 38 (Q1 2011: 26) and an ePlayer headline sell through rate of 28%, increased total quarterly streams viewed to 1.2 billion and average monthly unique users to 105 million. (Q1 2011: sell through rate 15%, 585 million total streams and 58 million unique users). The company also pointed to new distribution partnerships in place with YouTube, LG and Facebook enabling LIVESPORT.TV and to reach new audiences. At 9:04am: (LON:PER) share price was +0.05p at 305.05p Story provided by