OnVista AG

ots Ad hoc-Service: OnVista AG Successful Financial Year 2000

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    Köln (ots Ad hoc-Service) - OnVista AG records seven-fold increase in sales and generates net income for the year for the first time. According to the figures published today by OnVista AG (DE0005461602), a leading provider of high quality financial information and analysis tools for electronic media in Germany, the company was able to substantially exceed its sales targets in the financial year 2000 as well as generating profits for the first time, as predicted.

Euro mill.              2000      1999

Sales                      8.24      1.19
EBITDA                    1.22    -0.11
EBIT                        0.20    -0.23
Net income              0.31    -0.11

    OnVista not only recorded a seven-fold increase in sales compared to the previous year but also surpassed its own budgeted figures (Euro 6.6 mill.) by 25 percent. Earnings per share amounted to EUR 0,05. Cash and cash equivalents, including freely disposable mortgage bonds, amounted to Euro 32.78 mill. as at 31 December 2000. Of the Group's total sales, the licensing revenue source generated 53 percent (Euro 4.36 mill.; previous year Euro 0.73 mill.), with advertising contributing 41 percent (Euro 3.39 mill.; previous year: Euro 0.46 mill.). In the financial year 2000, the company developed a completely new revenue source - eCommerce, which contributed around five percent or Euro 0.39 mill. to total sales. Over the four quarters of last year, OnVista was able to steadily increase both its sales performance as well as the relevant key corporate results. For the financial year 2001, the company has budgeted sales of around Euro 20 mill. and also envisages a further improvement in respect of the net income for the year, EBIT and EBITDA. All figures: annual consolidated financial statements in accordance with US GAAP. Contact: Stefan Bohlmann, Investor Relations, Tel. +49 2203/9146-220, email: ir@onvista.de / Anja Seipp, Press Relations, Tel. +49 2203/ 9146-306, email: presse@onvista.de

    WKN: 546160; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr in Berlin, Bremen, Düsseldorf, Hamburg, Hannover München und Stuttgart

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