com
Fax: +353
1 4100 980
"Customer retention is the prime objective for most e-mail marketers, but
customer acquisition continues to play a smaller yet still significant
role.1 million
-- Gross profit increased 66% to $10.2 million of costs
related to carrying value adjustments of
certain assets, including
accounts receivable and terminals from a broker that ceased operations
during 2004, expired PIN inventory for a previously utilized payment
platform, and an asset impairment
charge related to the purchase of
Point de Vente (PDV) in July 2004.retrofits sponsorclick
Even 45% of consumers in
a recent survey said it was a "great way" for
companies to stay in touch with their customers.
72 per share, compared to $2. to
install the q xpress 200 in over 1,000 locations nationwide.
0 million.
ABOUT Q COMM INTERNATIONAL:
Q Comm International is a prepaid transaction processor
that
electronically distributes prepaid products from service providers to
the point of sale.
AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEET
December 31,
2004
---------------
ASSETS
Current Assets:
Cash in bank
$ 1,698,052
Trade accounts receivable, net 895
,388
Other receivables 61,434
Inventory, net
1,081,637
Prepaid expenses
156,375
-----------
Total Current Assets 3,892,886
-----------
Property + Equipment, net
4,382,953
Other Assets:
Restricted cash
510,692
Capitalized software development costs, net 1,052,344
Goodwill, net
144,580
Deposits
316,386
-----------
Total Other Assets 2,024,002
-----------
Total Assets
$10,299,841
============
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable
$ 1,525,634
Accrued expenses
281,302
Capital lease obligations - current portion 490,374
-----------
Total Current Liabilities
2,297,310
-----------
Long-term Obligations:
Capital lease obligations
382,745
-----------
Total
Liabilities 2,680,055
-----------
Stockholders' Equity:
Common stock, $.expenditure salesperson
(Logo: http:
//www.emarketer.
Business Editors
OREM, Utah----Q Comm International,
Inc.com
Statements
made in this press release are forward-looking and are
made pursuant to the safe harbor provisions
of the Securities
Litigation Reform Act of 1995.deliverable yellowwood
eMarketer's new report, E-Mail Marketing:
How to Improve ROI, released
today, examines the new developments in e-mail marketing and compares
the
effectiveness of this still-evolving marketing tool with other direct
marketing channels.
WS), a provider of prepaid transaction processing
and electronic point-of-sale (POS) distribution
solutions, today
announced fourth quarter and full year 2004 financial results. The loss from operations
in the
fourth quarter of 2004 includes approximately $2.
Balance Sheet
As of December 31
, 2004, the Company had cash of $1.deliverable expenditure
Even 45% of consumers in a
recent survey said it was a "great
way" for companies to stay in touch with
their customers. Return on investment for e-mail marketing
tops all other
channels except for telemarketing.
Bottom line: when properly used, e-mail
can balance low costs and high
response rates better than other marketing media.
Despite
the assault e-mail marketing endures from spam (and phishing, its
particularly nasty offshoot); even
with the drag on delivery rates imposed by
the filters individuals and companies deployed to protect
them from spam; and
regardless of the sheer e-mail overload in most people's inboxes, 71% of US
online
advertisers used e-mail marketing in 2004.
Recent Announcements
During the first quarter
of 2005, Q Comm:
-- Announced a contract with Leap Wireless International, Inc. Q
Comm's
contract with Cricket supports its new Jump(TM) by
Cricket(R) prepaid mobile phone platform, and
includes
customized q xpress 200 POS terminals and thermal cards unique
to the Cricket(R) brand
.
(2) Excludes one-time revenues from terminal sales, installation fees
and license fees.
rebates salesperson
The channel works
amazing well for marketers who know how to use it.com.2 million, or $0.sponsorclick marcom
Research
and Markets: 12% of Advertisers Plan to Start e-mail Campaigns in 2005
. the challenge is to
maximize
its effectiveness through improved content, targeting and tracking.
Reports of e-mail marketing
's slow demise
continue to be premature, as a new eMarketer report shows that nearly
three-fourths
of US online advertisers used e-mail marketing in 2004. Dimensional and direct mail may generate higher
revenues per
contact, and sometimes better response rates, but their costs are higher.5 million or
$1.2 million is a
$1.
-- Announced that Tripoint Payment Systems will utilize the
Company
's prepaid transaction processing platform for prepaid
services in the Bahamas.56) $ (1.couponing sponsorclick
researchandmarkets
.7 trillion by 2007.com, APWG, Direct Marketing Association, DoubleClick,
Exmplar, Jupiter Research
, MarketingProfs.51 per share, from
$5. However, there is no
assurance of repayment, and management
has decided to record a reserve
against the amount.4% for the comparable period in 2003.9 million
compared to $3.1 million in 2003.
-- Announced a contract with The Big Apple Food Stores to
install
the q xpress 200 POS terminal in all 90 Big Apple convenience
stores and gas stations
throughout Maine and New Hampshire.S.roadshows markeplace
.
Q Comm is also initiating revenue guidance for the first quarter
of 2005. Q Comm offers proprietary prepaid transaction
processing platforms, support of various
point-of-sale (POS)
terminals, product management, merchandising, customer support and
engineering
.fulfilment dmt
That's only six points less than the number of respondents using paid
search (the current
interactive marketing favorite), according to
JupiterResearch.
For more information visit
http://www.
"The report's bottom line is this: when properly used, e-mail can balance
low
costs and high response rates better than other marketing media," says
Hallerman. Higher transaction
volume
due to increased activated terminals, as well as higher average
revenue per activated terminal
, drove revenue performance in 2004.
Gross profit increased 66% to $10. Net loss for 2004 increased
to $6.
(3) In July 2004, we acquired our service bureau customer, Point de
Vente.roadshows markeplace
Despite
all of the obstacles in e-mail marketing -- the assault e-mail
marketing endures from spam (and phishing
, its particularly nasty
offshoot); the drag on delivery rates imposed by the filters individuals
and companies deploy to protect them from spam; and the sheer e-mail
overload in most people's
inboxes -- e-mail continues to be a valuable
marketing tool.
To purchase E-Mail Marketing:
How to Improve ROI, visit eMarketer online at
http://www.7 million, or $2. The Company's net loss
increased to $3.
-- Entered into a manufacturing relationship with Shera
Technology, which
allows the Company to purchase terminals at
a lower cost. Such statements involve risks and
uncertainties
that may cause actual results to differ materially from
those set forth in these statements.51)
$ (2.12)
============ ============ ============= ============
Basic Weighted
Average Common
Shares Outstanding 4,762,377 3,995,250 4,345,016 2,691,118
============ ============ ============= ============
Other Comprehensive
Income
(Loss):
Net loss $ (3,427,778)$(2,246,603) $(6,547,803) $(5,694,318)
Foreign currency
translation
adjustment 67,139 - 67,139 -
------------- ----------- ------------- ------------
Other Comprehensive
Loss
$ (3,360,639)$(2,246,603) $ (6,480,664) $(5,694,318)
============ ============
============= ============
Q COMM INTERNATIONAL, INC.expenditure couponing
This research is presented
in
analyst reports and the "eStat Database" -- the most comprehensive
compilation of up-to-date
e-business and online marketing statistics in the
world. Loss from
operations was $3.dex publicizing
And with
the exception of
telemarketing, the return on investment for e-mail marketing tops all other
channels
.
And among the four media with lower costs per contact than e-mail, response
rates are abysmal
.
Projections from eMarketer show that e-mail volume in the US will rise from
over 2 trillion
message this year -- personal, commercial and spam -- to
nearly 2. (Amex: QMM; QMM.
Highlights
for the fourth quarter of 2004 relative to the same
quarter last year were as follows:
Total
revenues increased 72% to $12. We also made investments in our sales and
administrative infrastructure
which will impact financial results in
the short term, but will also support our continued expansion
for the
foreseeable future.56 per share, in
the prior year period.2 million of one time expenses
in the fourth quarter, as described
above.12 per share, in 2003.refunds marni
And among the four media with lower
costs
per contact than e-mail, response rates are abysmal. But . "But the challenge to marketers
is to continue to maximize its
effectiveness with better content, targeting and tracking.
About
eMarketer
eMarketer is "the First Place to Look" for market research information
related to
e-business, online marketing and emerging technologies.Q Comm International Reports Fourth Quarter and
Full Year 2004 Results
2 million in the fourth quarter of 2003. The supplier
has accepted responsibility
for the deactivated product and is making
good faith efforts to reimburse the company.4 million,
or $0.
Guidance
Q Comm is updating existing breakeven guidance to reflect the
Company
's outlook as of December 31, 2004.deliverable marcom
newscom.com, Millward Brown, Pew, Quris,
Roper ASW, Silverpop and
many others -- with eMarketer's objective,
unbiased analysis to give you the information you need
to make your e-mail
marketing programs effective -- and profitable.2 million, compared to a loss
from operations of
$1.1 million, an increase of 59%
compared to $25. The Company expects revenue
for the first quarter of 2005 to
be between $14.0 million and $15. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
For the Three Months
For the Years
Ended December 31, Ended December 31,
------------------------- --------------------------
2004
2003 2004 2003
--------- --------- --------- ---
------
Revenues $ 12,464,617 $ 7,240,986 $ 40,801,841 $ 25,686,377
Cost of Goods
Sold 9,461,758 5,566,084 30,218,818 19,313,019
------------- --------
--- ------------- ------------
Gross Profit 3,002,859 1,674,902 10,583,023 6,373,358
------------- ----------- ------------- ------------
Operating Expenses:
Commissions
and fees 2,681,564 1,515,711 9,158,905 5,777,723
Selling
expenses 229,868 99,802 757,588 432,075
General and
administrative
expenses 2,174,813 787,254 4,252,494 2,076,111
Depreciation and
amortization
468,440 420,324 1,740,226 962,116
Impairment of
assets 653
,303 - 653,303 -
Litigation
settlements - 211
,513 - 211,513
Non-cash compensation - (58,331) - 6
,667
------------- ----------- ------------- ------------
Total Operating
Expenses 6,207,988 2,976,273 16,562,516 9,466,205
-----
-------- ----------- ------------- ------------
Loss from
Operations (3,205,129) (1,301
,371) (5,979,493) (3,092,847)
------------- ----------- ------------- ------
------
Other Income (Expense):
Interest income 4,764 31,447 32,092
51,984
Interest and other
expense (72,439) (966,088) (422,382) (2
,642,864)
Loss on disposal
of assets (129,974) (10,591) (153,020) (10
,591)
------------- ----------- ------------- ------------
Total Other Income
(Expense) (197,649) (945,232) (543,310) (2,601,471)
----
--------- ----------- ------------- ------------
Loss before
Income Taxes (3,402,778) (2
,246,603) (6,522,803) (5,694,318)
Income Tax Expense 25,000 - 25,000
-
------------- ----------- ------------- ------------
Net Loss
$ (3,427,778)$(2,246,603) $ (6,547,803) $(5,694,318)
============ ============
============= ============
Basic Loss
per Share $ (.fulfilment sponsorclick
And 12% of advertisers
plan to start e-mail campaigns in 2005.com/reports/c16649
Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets."
E-Mail Marketing aggregates the
latest data from leading market researchers
-- Advertising.
eMarketer aggregates and analyzes
e-business research from over 1,700
sources and brings it together in one place.
Fiscal 2004
Financial Results
Revenue for fiscal 2004 was $40. Current cash balances
and operating cash flow
are expected to provide the Company with
sufficient resources to meet its existing obligations, currently
planned capital expenditure requirements, and funding for internal
growth initiatives.
Q
COMM INTERNATIONAL, INC.sponsorclick tuv
E-mail is effective, there is no arguing with that."
For marketers
who know how to use e-mail, the channel works amazingly well..com.6 million
-- Active terminals
increased 104% to 2,325 units
-- Revenue per active terminal increased 17% to $68
--
Net loss increased to $6.5 million, an increase of
72%, compared to $7.9% from 24.5 million from
$2.6 million.
-- Continued strengthening its sales and administrative
infrastructure and
hired a new vice president of business
development, as well as additional sales personnel.001 par
value, 50,000,000 shares
authorized, 4,859,044 shares issued and outstanding 4,859
Capital in excess of par value 27,333,779
Retained deficit
(19,775,223)
Accumulated other comprehensive income
67,139
Stock subscription receivable (10,768)
-----------
Total Stockholders' Equity
8,619,786
-----------
Total Liabilities and Stockholders' Equity $10,299,841
============
Q COMM INTERNATIONAL
, INC.markeplace expenditure
.
"E-mail as a marketing vehicle has been particularly enduring, I think,
because it
's partially built on a two-fold value: one, driving direct
response results and two, cultivating
ongoing relationships," said
eMarketer Senior Analyst David Hallerman, who authored the report.3
million in the prior year period.4 million in 2003,
with gross margins increasing 110 basis points
to 25.4 million of other expense was in the form of amortization
of discount on debt instruments
and therefore does not represent an
amount paid in cash. Q Comm's solutions are currently used by
wireless
carriers or mobile operators, telecom distributors, and various
retailers to sell a wide
range of prepaid products and services
including prepaid wireless or prepaid mobile, prepaid phone
cards,
prepaid dial tone and prepaid bank cards, such as prepaid MasterCard.qcomm.yellowwood distributorship
com/cgi-bin/prnh
/20040820/RESEARCH )
E-Mail Marketing: How to Improve ROI, a new report, examines the new
developments
in e-mail marketing and compares the effectiveness of this
still-evolving marketing tool with other
direct marketing channels.
Key topics covered in E-Mail Marketing: How to Improve ROI include:
-- Can e-mail be used for customer acquisition, or is it merely a
retention tool?
-- Are spam and phishing killing e-mail marketing?
-- How do permission-based in-house lists and
better-targeted e-mails go
hand in hand?
-- Is there a best content, best day, best time
and best frequency for
marketing e-mails?
-- Which elements should marketers test in their
e-mail campaigns?
-- How can e-mail metrics be used to increase effectiveness?
And many more
.2 million, including $2. Margins after accounting for commissions and fees paid to
the brokers and
retailers increased 110 basis points to 3.5% in 2004
from 2.6
million in 2003, reflecting less
interest expense in 2004 versus 2003.
In 2003, $2.
-- Expanded its broker relationships to
include Business Payment
Systems, which markets Q Comm to merchant customers running
the VeriFone
Omni 3750 terminal, and to include Jarms LLC,
which markets the Get-A-Phone home dial tone service
in Texas. Listeners may access the call by dialing
1-800-289-0572 or 1-913-981-5543.refunds tuv
PRESS RELEASE
Return on Investment for E-mail Marketing Tops All Other Channels Except for Telemarketing
5 million
Loss from operations of $3. Included in the $2.8% a
year ago. This
reflects a 75% increase
in operating expenses due to higher SG+A,
depreciation costs associated with an increased number
of terminals in
service, and higher amortization of software development costs during
the year
. The economic, competitive,
governmental, technological and other factors identified in the
Company
's filings with the Securities and Exchange Commission,
including the Form 10-K for the year ended
December 31, 2004, may
cause actual results or events to differ materially from those
described
in the forward looking statements in this press release.yellowwood fulfilment
Dimensional and direct mail may generate
higher
revenues per contact, and sometimes better response rates, but their
costs are substantially higher
, too.emarketer."
Fourth Quarter Financial Results
Revenue for the fourth quarter was $12.72
) $ (.yellowwood markeplace
com/reports/c16649) has announced the addition
of E-Mail Marketing: How to Improve ROI to
their offering..researchandmarkets. For more information, visit www.12 per share
Michael Keough
, President and Chief Executive Officer of Q Comm
International stated, "In the fourth quarter and
throughout 2004, our
strong revenue performance was primarily due to a significant increase
in
activated broker terminals, as well as increased average revenue
per activated terminal. The Company
's operating
loss in 2004 was $5. Also adding to the increased operating expenses were the
$2.51
per share, from $5.
During the fourth quarter of 2004, Q Comm:
-- Commenced a referral
agreement with the McLane Company whereby
McLane will receive referral commissions for McLane accounts
that implement and sell Q Comm services. AND SUBSIDIARIES
OPERATING
METRICS
For the Year Ended For the Year Ended
Broker
Model December 31, 2004 December 31, 2003
---
---------------- ------------------
Terminals activated 1,807 1
,030
Terminals canceled (824) (405)
------ --------
Net terminals activated 983
625
Terminals acquired 200(3) -
Total activated
terminals 2,325 1,142
Average activated terminals 1,734
830
Average monthly net revenue
per terminal $68
(1) $58(1)
Average monthly net revenue
per terminal for terminals
activated
more than 60 days $79(1) $68(1)
Service Bureau Model
Terminals shipped
503 1,009
Terminals canceled -
-
Net terminals placed 503 1,009
Terminals acquired
(200)(3) -
Total terminals in service 1,312
1,009
Activated terminals 712 409
Average monthly
net revenue
per terminal $14(2) $7(2)
Average monthly
net revenue
per terminal for terminals
in service more than 60 days $14(2)
$7(2)
(1) Includes gross revenues less cost of goods sold and commissions
paid to brokers and retailers.
westex followup
2 million
of one time expenses
Highlights for fiscal
2004 compared to fiscal 2003 were as
follows:
-- Total revenues increased approximately 59
% to $40.0 million reserve for loss on a receivable from a supplier due to
deactivated PINs received
in the fourth quarter of 2004. Other expense decreased substantially to $0. Q Comm systems replace traditional
hard cards (also known
as scratch cards or voucher) that are costly to distribute, and
provide
more comprehensive reporting and inventory management among
other benefits. The
Company undertakes
no obligation to publicly update or revise any
forward-looking statements, whether because of new
information, future
events, or otherwise.Web sites, publications, information suppliers, and resources
that are provided to individuals and companies who are part of the marketing industry.
westex importantly
Key questions
the "E-Mail Marketing" report addresses:
-- Can e-mail be used for customer acquisition,
or is it merely a
retention tool?
-- Are spam and phishing killing e-mail marketing?
-- How do permission-based in-house lists and better-targeted e-mails go
hand in hand?
-- Is there a best content, best day, best time and best frequency for
marketing e
-mails?
-- Which elements should marketers test in their e-mail campaigns?
-- How can e
-mail metrics be used to increase effectiveness?
And many more . But while the traffic builds
, the
opportunities increase.6 million from $6.7 million, or $2.7 million and
working capital of
approximately $2. The Company expects a cash
flow break even point at approximately 6,000-7,000 activated
broker
units in the U.
Conference Call
A conference call to discuss financial results will
be held at
5:00 pm ET today.rebates roadshows
DUBLIN, Ireland, Research and Markets
(http://www..7 million
in fiscal 2003.5 million, or
$1. A replay of the call is available by
dialing 1-888-203-1112 or
1-719-457-0820, password 1207481.
Visit www.rebates couponing
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