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Posted by Annie Marple (207.44.228.112) on 14:01:06 05/02/06
lnisef Online money transfer group NETeller said revenue for the full year is expected to be slightly ahead of consensus market expectations while trading in the current quarter has been strong.
Average daily receipts from Neteller customers was $4.18m in the fourth quarter versus $3.64 in the previous three month period, while average daily new customer sign ups was 3,197 from 3,085.
As at 31 December, the group had 2,320,670 signed-up customers, an increase of 1,069,318 or 86 % from 1,251,031 on a year earlier.
“The board is excited about the company's prospects for 2006 and expects considerable progress to be made during the next 12 months.”
Results for the 12 months ended 31 December 2005 are scheduled for 28 March.
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