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Press ReleasePre-Close Trading Update
NETELLER Plc, a leading online money transfer service provider, provides the following pre-close trading update. NETELLER has continued to rapidly expand its base of members and merchants during the fourth quarter of operations ending December 31, 2004.
- Average daily sign-ups of new members was 2,072 during Q4 2004 (Q4 2003: 1,068) - representing an increase of 94%.
- Average daily sign-ups was 1,821 for the year to 31 December 2004 compared to 910 for 2003 - representing an increase of 100%.
- Growth in new member sign-ups has historically been strongest in the first and third quarters.
- As at 31 December 2004, NETELLER had 1,251,000 signed-up members, an increase of 663,000 or 113 percent since 31 December 2003.
Member receipts
- Average daily receipts from members was approximately US$ 2.3 million during Q4 2004 (Q4 2003: US$ 1.1 million) - representing an increase of 109%.
- Q4 average daily receipts from members is up by 19 % on the Q3 2004 average daily receipts of US$ 1.94 million.
NETELLER confirms the following expected financial calendar dates in 2005:
2004 Preliminary Results:
- 5 April 2005
- Annual General Meeting:
22 June 2005 2005
- Interim Results:
- 2 September 2005
About NEOVIA Financial Plc
Trusted by consumers and merchants in over 160 countries to move and manage billions of dollars each year, NEOVIA Financial Plc (formerly NETELLER Plc) operates the world's leading independent online payments business. Through its Payment Suite, featuring NETELLER®, NETBANX®, Net+™ and 1-PAY™ brands, NEOVIA specialises in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange, or distance. Being independent has allowed NEOVIA to support thousands of retailers and merchants in many geographies and across multiple industries.
Subsidiary company NETELLER (UK) Limited is authorised by the Financial Services Authority (FSA) to operate as a regulated e-money issuer. For more information about NEOVIA Financial visit www.neovia.com.
NEOVIA Financial Plc recently changed its corporate identify from NETELLER Plc to better reflect the strength and breadth of its individual product brands. At the same time its ticker symbol changed from NLR to NEO.
Media and Investor Contacts
NEOVIA's media relations are managed by McEntegart Marketing. Contact them through the Media Relations Contact page. NEOVIA investor relations are managed by Citigate Dewe Rogerson. Contact them through the Investor Relations Contact page.
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