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Dada S.p.A's 2006 Year End Results Show a 59.4% Revenue Increase from 2005.


Dada Earns $144 million in 2006 While International Business Accounts for 37% of Total Revenue

FLORENCE, Italy -- Dada S.p.A. (MTAX MTAX Master of Taxation  STAR Segment of the Italian Stock Exchange Italian Stock Exchange (ISE)

The Milan-based stock exchange, which came into effect after the unification of Italy's ten national exchanges in 1991. All listed securities are traded electronically.
: DA.MI), an international leader in the provision of Web and mobile community and entertainment services and parent company of Dada USA, released its year end financials for 2006 where the company's revenue hit Euro 111.4 million ($144.87 million), a 59.4% increase from 2005.

"Dada S.p.A has seen some excellent growth over the past couple of years. What's really evident to us this year is our international business revenue, much of which is attributed to our launch and growing presence in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. ," said Paolo Barberis, Dada S.p.A. CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Dada is committed to continuing to nurture NURTURE. The act of taking care of children and educating them: the right to the nurture of children generally belongs to the father till the child shall arrive at the age of fourteen years, and not longer. Till then, he is guardian by nurture. Co. Litt. 38 b.  this market and we expect consolidated revenues of between Euro 140 million ($186 million) and Euro 150 million ($199 million) for 2007."

Dada's international holdings brought in an estimated Euro 41.14 million ($53.5 million) for the company in 2006 accounting for 37% of the companies total revenue. In the 4th Quarter international revenues jumped to 40% of sales, compared to 15% in Q4 2005.

Dada offers consumer and entertainment services to over seven million users world wide through the community Dada.net and the brands life.Dada.net love.Dada.net, and mobi.Dada.net. These Web and mobile based services are characterized char·ac·ter·ize  
tr.v. character·ized, character·iz·ing, character·iz·es
1. To describe the qualities or peculiarities of: characterized the warden as ruthless.

2.
 by a rich range of fee-based community and entertainment products and services to communicate, entertain and educate. In 2006 Dada introduced the same services to the US Market.

Other Key Financial Notes

* Consolidated revenues of the Dada Group in 2006 reported an increase of 59.4% compared to the previous year, amounting to Euro 111.4 million ($144.87 million), while the consolidated EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become  reported a further improvement, from Euro 12.7 million ($16.51 million) to Euro 15.7 million ($20.41 million).

* International business accounts for 37% of consolidated revenues and continues to grow

* The Group's operating result for the 12 months amounted to Euro 10.8 million ($14.04 million), with a positive net profit of Euro 12.5 million ($16.25 million). This decrease is mainly attributed to the investments made by the Group in acquiring Nominalia SL, UPOC UPOC Universal Point of Contact (cross-platform multi-device one-to-many communications technology)  Networks Inc. and Tipic Inc.

* In the last quarter of the year, the Dada Group recorded revenues of Euro 31.3 million ($40.70 million), an increase of 33.1% when compared to the same period in the previous year.

* Consumer business amounted to 83% of sales in Q4 2006

Please Note

The official Dada S.p.A. press release with full financial disclosure was released to the financial market on February 12, 2007 and can be found on their Web site at http://dada.dada.net/en. For direct link to release please visit the following site: http://dada2006.dada.net/en/press_room/comunicati_stampa/homecontents. php?id=1853 (Due to its length, this URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 may need to be copied/pasted into your Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 browser's address field. Remove the extra space if one exists.)

The currency exchange rate applied is Eur 1 = US $1.281. (www.x-rates.com)

About Dada S.p.A.

Dada S.p.A. (dada.dada.net) is a leading international provider of web and mobile community and entertainment services. Dada is listed on the Italian Stock Exchange (MTAX STAR Segment: DA.MI) and the Dada management and founders own about 14.6% of the share capital, and the RCS (1) (Remote Computer Service) A remote timesharing service.

(2) (Revision Control System) A Unix utility that provides version control.

RCS - Revision Control System
 MediaGroup, have an approximate stake of 44.2%.

The consumer offering of Dada - expressed through the community Dada.net (www.dada.net) and the brands life.dada.net, love.dada.net, andmobi.dada.net - is characterized by a rich range of fee-based community and entertainment products and services to communicate entertain and educate. These services are accessible both via the PC and the mobile phone (the latter using SMS/MMS technologies and on the "Decks" - the micro-portals of the main mobile phone operators).

The Dada consumer offering is available, in addition to Italy, in the USA, Germany, Spain, Portugal, the United Kingdom, France, Belgium, Austria, China, Brazil and Australia.

Within Dada Group there is also the subsidiary Register.it S.p.A., the Italian and Spanish leader in the management of private and business online presence.
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Publication:Business Wire
Article Type:Financial report
Date:Feb 13, 2007
Words:722
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