Boll AG
Boll AG:
Boll AG / Final Results/Forecast Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- __________________________________________________________________________ BOLL AG: 2006 annual financial statements published and outlook to 2008 - 2006: Positive result (adjusted for IPO costs) of EUR 0.36 million. - Mediated license revenues to increase from EUR 4 million to EUR 25 million in 2008 Mainz, July 17, 2007: BOLL AG (ISIN: DE000A0JDBB9), headquartered in Mainz, published its annual financial statements for the 2006 financial year. In 2006, revenues totalled EUR 1 million. The major part of revenues related to commission of EUR 0.5 million from mediating EUR 4 million license revenues. License sales generated EUR 0.39 million and the management of film funds EUR 0.13 million. The result of ordinary activities was EUR -0.2 million. Adjusted for the IPO costs in June 2006 of EUR 0.56 million, the result of ordinary activities in the first year of operations was EUR 0.36 million. Due to the foundation of Boll AG and the initiation of business in 2005, there are no comparable figures. Mediated license revenues were EUR 4 million for 2006 and are set to increase to EUR 25 million by 2008. 'In the context of the expansion of film sales activities, we anticipate that license revenues can be increased on a sustained basis by a large number of third-party films. The strategy of taking a positioning in a highly profitable niche was and is the correct approach. The positive deals at the Cannes Film Festival in Cannes in May this year and the expected deals from the talks held will confirm this,' stated Dr. Uwe Boll, Boll AG CEO. 'The 2006 financial year and the first six months of the current financial year underline our intention of generating a positive result in 2007. What is more, with streaming and download activities, we are accessing new revenue sources,' so Matthias Triebel, Boll AG CFO. The Management Board About BOLL AG: As a film license broker, BOLL AG is specialized on the worldwide distribution of films and TV productions as well as all activities linked therewith. The product portfolio contains successful films produced by Dr. Uwe Boll and by third-party offerors having their films distributed via BOLL AG. The business model´s particular feature is the flat-rate commission that BOLL AG asks of film producers for distributing. Characteristic for the low risk business model of BOLL AG is the first degree return flow of the capital invested. Through its longtime expertise in the film business and its extensive contact network spun over 100 countries throughout the world, BOLL AG secures films of different genres for their worldwide distribution. BOLL AG Wormserstraße 173 55130 Mainz Germany Phone: + 49 (0) 1805 44 31 10 Fax: + 49 (0) 1805 44 31 11 www.boll.ag Email: info@boll.ag DGAP 17.07.2007 ---------------------------------------------------------------------- Language: English Issuer: Boll AG Wormser Straße 173 55130 Mainz Deutschland Phone: +49 (0)6131 - 97135-80 Fax: +49 (0)6131 - 97135-81 E-mail: info@boll.ag Internet: www.boll.ag ISIN: DE000A0JDBB9 WKN: A0JDBB Indices: Listed: Freiverkehr in Berlin, Stuttgart; Entry Standard in Frankfurt End of News DGAP News-Service ---------------------------------------------------------------------------
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