Interim Results

ADVFN.COM PLC
22 March 2002



Embargoed for release 7.30am 22 March 2002.


                                 ADVFN.COM PLC


           Interim Results for the Six Months Ended 31 December 2001



ADVFN.COM PLC today announces interim results for the six months ended 31
December 2001.



Business Highlights


*          ADVFN revenues up by121%


*          Positive cashflow and operational profitability achieved in February
           2002

*          Live streaming services successfully introduced


*          US share prices ready to be launched soon




Managing Director of Advfn.com PLC, Clement Chambers commented, ' We continue to
perform ahead of our own expectations and the future prospects look bright. '


For further information, please contact:

Clement Chambers       ADVFN.COM PLC    0207-070-0909

Fiona Kindness Grant Thornton 0207-383-5100
Nominated Adviser




ADVFN.COM PLC

Chairman's Statement


ADVFN has now firmly established itself as the leading Internet destination for
private investors in the UK. Consequently we have seen solid growth in both
subscription and advertising revenue. The introduction of streaming in August
saw ADVFN once again successfully bring a new level of sophistication to the
site and into the market as a whole. This underlined our position as the highest
quality, lowest priced provider of information and tools to investors on the
Web.

This is an ongoing process, which has seen an increase in revenue at every
stage. By the end of the interim period ADVFN was fast approaching operational
profitability and it is pleasing to note we have continued to experience strong
growth in revenues in the New Year.

ADVFN's underlying business model is a strong one. We have high hopes that if we
can continue to grow at the rates we have enjoyed over the last two years we
will become a high margin brand business.

I remind myself that we have achieved this under the worse market conditions for
many years in a most unfashionable sector. This period has seen the private
investor in retreat and suffering considerable setbacks. However ADVFN has
experienced nothing but growth, which suggests that even a modest improvement in
the markets will be extremely beneficial to us.




Michael Hodges
Chairman
22 March 2002





Managing Director's Statement.

Results


Turnover for the six months to the end of December was £681,000. This was a rise
of 121% over the revenue of our previous years interims and an increase of 39%
on the previous half-year. The loss for the six months was down by £229,000 to
£574,000 from £903,000 in the previous half-year and that includes over £300,000
of non-cash items.

ADVFN's sales have not been shown to be seasonal and during this period our
monthly turnover has grown steadily from £83,000 per month at the beginning of
the half-year to a monthly total of £134,000 in December. It has continued to
grow since the period end. We previously announced that ADVFN was expected to
become profitable and cash flow positive on an operational level in the first
quarter of the New Year and this occurred in February 2002.




Trading


ADVFN continues to grow because of its consistent roll out of new innovative
services. In 2000 we introduced Free Real time and Level 2, in 2001 we
introduced live streaming. Meantime ADVFN has enjoyed the introduction of
incremental improvements and new features on a rolling basis, which has
attracted more users and more advertisers.

We have also demonstrated with our new pricing structure that ADVFN enjoys
pricing power and has seen approximately a 25% increase in subscription yield
per subscriber since the introduction of streaming.

Advertising has proven a strong growth area for us and grew by approximately 50%
in the six months to December. Likewise this growth has repeated itself since
the end of December and as it can be surmised by looking at our site,
advertising is now making a substantial contribution to sales.

With the introduction shortly of US prices to the service, ADVFN will take a
major step forward in terms of its value proposition and its total market
potential. We estimate that US prices will increase ADVFN traffic from current
users by between a third and 50% in the UK.

This is just a small part of the opportunity that US prices open up for us. The
US market is enormous in comparison to the market for UK investor information.
Not only is the North American market several times larger in absolute
population terms but the interest in investing in shares is also more widespread
and intense. On top of this, it is our observation that people around the world
watch their home markets first and the US markets next. In effect, by
introducing US prices, we become a potential destination for private investors
from around the world. As we are an Internet business, we do not have to take
our product to the world, it can come to us. This is neatly demonstrated by the
fact we already have several thousand registered users from overseas, many of
whom happily use ADVFN from the other side of the world.




Prospects


2002 should be an exciting period for ADVFN. We now have a platform to broaden
our appeal to a worldwide audience without increasing our cost base. Meanwhile,
a growing revenue stream generated from the UK market underpins our business. If
we attract a fraction of this new market, the results will be most satisfactory;
while if we achieve anywhere near the impact we have had in the UK market, then
the prospects are nothing short of outstanding.





Clement Chambers
Managing Director
22 March 2002






                                 ADVFN.COM PLC

                      CONSOLIDATED PROFIT AND LOSS ACCOUNT




                                               Six months ended     Six months ended      Year ended
                                               31 December 2001     31 December 2000     30 June 2001
                                                  Unaudited            Unaudited            Audited
                                                    £'000                £'000               £'000

Turnover                                                      681                  307               796


Cost of sales                                                (18)                    -              (10)
                                                       __________           __________        __________
Gross profit                                                  663                  307               786

Administrative expenses                                   (1,238)              (1,061)           (2,467)
                                                       __________           __________        __________
Operating loss                                              (575)                (754)           (1,681)

Net interest                                                    1                   66                88
                                                       __________           __________        __________
Loss on ordinary activities before taxation                 (574)                (688)           (1,593)


Tax on loss on ordinary activities                              -                    -                 2
                                                       __________           __________        __________
Loss on ordinary activities after taxation                  (574)                (688)           (1,591)

                                                       __________           __________        __________

Loss per ordinary share                                   (0.20p)             (0.275p)           (0.64p)




There were no recognised gains or losses other than the result for the financial
period.







Notes to the Interim Statement



1.     The calculation of loss per share is based on the loss on
       ordinary activities after taxation divided by the weighted average number 
       of shares in issue for the period which was 285,193,997 (250,504,323 in 
       the six months ended 31 December 2000 and 250,504,323 in the year ended 
       30 June 2001).



2.     The directors do not recommend the payment of an interim dividend.



3.     The financial information contained in this document does not constitute 
       statutory accounts within the meaning of Section 240 of the Companies Act 
       1985. The financial information for the year ended 30 June 2001 is
       extracted from the audited financial statements for that period on which 
       the auditors gave an unqualified report. A copy of those financial 
       statements has been filed with the Registrar of Companies.



4.      Copies of this statement are being posted to shareholders shortly and 
        will be available from the company's registered office at Crown
        House, Linton Road, Barking, Essex, IG11 8HJ.



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