Hi-Media : Positive Signals in a Difficult Market Environment

The online media group Hi-Media, one of the European leaders in Internet audience monetization, releases its business report for the third quarter of 2012.

Q3 proforma sales : 42.8 million euros

Advertising:
– Activity impacted by the European market downturn
– Sustained growth of the automated market place, Hi-Media Ad-eXchange
– Sustained growth of the online video advertising offer

Payments:
– Continued growth of the transactions volume

Improvement of the Group gross margin at 33%

Recent developments :
– Advertising: Exclusive contract with Aufeminin and Marmiton for monetizing video content across Europe
– Payments: New contracts in the online video game industry and with the Marie-Claire news group. Implementation of a new method of Payment in Brazil.

To read the full press release, click here.