Neteller 

Neteller Plc is quoted on the London Aim Stock Market (NLR) and has been since April 2004, under the sector general financial and sub sector Specialilty Finance. Neteller is an independent online payments business and specialises in providing innovative and instant payment services where money transfer is difficult or risky due to identity, trust, currency exchange or distance. Neteller provides this service to most online gambling companies.

Neteller Share price 



Neteller Company Announcements
18th April 2008
In a trading update for  the first quarter to 31 March 2008. European revenue (including NETBANX) was $11.3 million, an increase of 9% from Q4 2007; Asia Pacific (including 1-PAY Direct) grew 20% to $3.6 million over the same period. operating income of $2.4 million (Q4 2007: $0.6 million loss).
11th March 2008
Announced results to year ended 31 December 2007.
Total revenue $84 million; European revenue grew 28% to $41.7 million,  Asia Pacific grew 44% to $11.4 million, Loss before tax of $185.7 million after US settlement of $136 million
11th February 2008
The Group confirms that its subsidiary,  has completed the sale of its principal property at 27th Avenue in Calgary, Canada, to the Leben Investment Corporation for a total consideration of C$33.5 million (approximately US$ 33.5 million).  In accordance with the terms of the sale agreement, the sale proceeds will be paid to the Group on 31 March 2008.
11th January 2008
In a trading update announces that the Group’s operating businesses have traded in line with management’s expectations in the fourth quarter and the Board is confident that the full year results for the Group will meet market expectations.  The sale of the Group’s principal Calgary property has been delayed as a result of the lenders for the intended purchaser introducing significantly less attractive terms in the wake of the recent developments in North American financial markets
6th November 2007
In a trading update for the three months ended 30 September 2007. Q3 2007 revenue was $16.9m (Q3 2006 66.6m),  pretax loss of $145.9 m  (Q3 2006 a profit of $32.5 m). European revenue in Q3 2007 grew 19% to $8.4m, Loss before tax in Q3 2007 was $145.9m due to US forfeiture and related US expenses, Netbanx revenue was $1.8m (2006 $1.3m). Cash at 30 September 2007 was $149.4m
23rd August 2007
Announced interim results to 30th June 2007, Revenue in H1 2007 was $50.8 million, a decrease of 57% from H1 2006 due to withdrawal from US market, European revenue in H1 2007 grew 46% to $21.2 million; Asia Pacific grew 46% to $5.4 million,    Loss before tax in H1 2007 was $24.7 million due to US restructuring and legal related expenses