Home page > Corporate > press releases > First quarter 2008 Revenues
| (in euro millions) | Q1-2008 | Q1-2007 |
| OpenMedia revenues (product sold) | - | .7 |
| Revenues for Radio and Digital video | 3.6 | 3.4 |
| Total revenues | 3.6 | 4.1 |
| Cost of Goods Sold | -.4 | -.9 |
| Gross margin | 3.2 | 3.2 |
| Gross Margin rate | 88% | 78% |
Paris, May 7th 2008 – DALET has announced consolidated revenues (unaudited) for the first quarter of 2008 of €3.6 million, compared to €4.1 million in Q1-07. On a pro-forma basis, excluding the Q1-2007 revenues related to the OpenMedia activity which was sold, revnues were 3% up, from €3.4 million to €3.6 million. Gross Margin was stable at €3.2 million, due to a significant improvement in the sales mix: license revenues increased from 20% of sales to 35%, associated professional services evolved from 27% to 24%, resale of hardware dropped from 30% to 16%, recurring support revenues increased slightly from 23% to 25% of revenues.
The resulting Gross Margin rate is 88%, a strong increase compared to 78% in Q1-07.
At the same time, operating expenses decreased significantly, as a result of the asset sale in Germany related to the OpenMedia legacy product, which entailed a large proportion of professional services and a smaller licence revenue component.
Order Intake during the quarter increased by 7%, from €4.3 million to €4.3 million. Among the significant contracts recently signed :
ABS-CBN, the largest integrate media and entertainment group in the Philippines covering through its 50+ TV stations networks over 40% of national audience, has selected Dalet Media Library for the management of its digital archive, which contains currently over 300,000 tapes.
Al-Watan Television (Kuweit) which is to be launched later this year and will be the first tapeless HD channel in the Middle-East, has chosen Dalet News Suite as its tapeless newsroom and production system. Al-Watan Television aims to broadcast high quality news and family entertainment programs delivered with a Kuwaiti feel to its local citizens and Arab expatriates viewers.
These new references reinforce Dalet’s position on the growing Asia and Middle East broadcast markets, and confirm its leadership on the HD production and Media Asset Management markets.
Dalet empowers broadcasters and content professionals to produce and manage audio and video content in a digital, multi-platform world. Dalet media asset management (MAM) software streamlines production costs and increases revenue opportunities by simplifying the distribution of rich-media assets across both interactive and traditional platforms. Dalet software is used around the world by thousands of content producers including major public broadcasters (BBC, CBC, DR, DW, NPR, RFI, RSR, Russia Today, VOA, WDR), commercial networks (ART, eTV, Grupo Prisa, Prime Television, The Press Association, Warner Bros., XM Satellite…) and government organizations (Queensland JAG, Canadian House of Commons, The European Commission).
Dalet is traded on the NYSE-EURONEXT stock exchange (Eurolist C): ISIN: FR0000076176, Bloomberg DLT:FP, Reuters: DALE.PA
Number of outstanding shares: 17 526 364
For more information on Dalet, visit www.dalet.com
Contact Dalet: +33 1 41 27 67 00