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Mobile Embrace Ltd (MBE.AX)

MBE.AX on Australia Stock Exchange

0.06AUD
21 Sep 2017
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$0.00 (+3.51%)
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Latest Key Developments (Source: Significant Developments)

Mobile Embrace says FY revenue from ordinary activities down 13.22% to $52.6 million
Thursday, 31 Aug 2017 03:59am EDT 

Aug 31 (Reuters) - Mobile Embrace Ltd :FY revenue from ordinary activities down 13.22% to $52.6 million.Fy net profit for the period attributable to members $1.6 million, down 67.54 percent.  Full Article

Mobile Embrace buys C2B Solutions for $6.5 mln
Sunday, 13 Aug 2017 07:14pm EDT 

Aug 14 (Reuters) - Mobile Embrace Ltd :Company has bought C2B Solutions for overall consideration of $6.5 million.C2B Solutions is forecast for FY2018 to generate annual EBITDA of $2.5 million.Acquisition forecast to be immediately earnings per share accretive to MBE.  Full Article

Mobile Embrace says full year revenue $52.1 million
Monday, 7 Aug 2017 09:31pm EDT 

Aug 8 (Reuters) - Mobile Embrace Ltd :Full year revenue $52.1 million.‍full year ebitda of $5.3mln ​.Neil Wiles has been appointed ceo and managing director.  Full Article

Mobile Embrace settles its ongoing litigation with Gbd Ventures Pty Limited
Tuesday, 18 Jul 2017 11:01pm EDT 

July 19 (Reuters) - Mobile Embrace Ltd :Has settled its ongoing litigation with gbd ventures pty limited.Mbe has denied claim and has cross-claimed against gbd and two of its shareholders.Under terms of settlement, all parties are to be responsible for payment of their own costs.Litigation in which gbd sued mbe for $3.537m for loss alleged to have been incurred by gbd under a supply agreement with mbe.  Full Article

Mobile Embrace revises FY 2017 guidance lower
Monday, 6 Feb 2017 07:56pm EST 

Mobile Embrace Ltd : FY 2017 guidance revised lower .FY MBE group revenue is estimated to be $52m and EBITDA to be between $5 mln and $6 mln.  Full Article

Mobile Embrace revises FY 2017 guidance lower
Monday, 6 Feb 2017 06:13pm EST 

Mobile Embrace Ltd : FY 2017 guidance revised lower .FY MBE group revenue is estimated to be $52m and EBITDA to be between $5 mln and $6 mln.  Full Article

Mobile Embrace updates on legal proceedings
Tuesday, 22 Nov 2016 08:07pm EST 

Mobile Embrace Ltd : update in relation to supreme court litigation further to its most recent announcement of 10 august this year. . MBE has now quantified amount of its cross claim against plaintiffs in an amount between $4m and $11m. . Exchange of written evidence has commenced and is expected to be finalised in late January . amount that would be recoverable in mbe's favour is not known in event that mbe succeeds in its cross claim. .MBE continues to deny claim by GBD in its entirety and will continue to vigorously pursue its cross claim.  Full Article

Mobile Embrace updates on legal proceedings
Tuesday, 22 Nov 2016 06:18pm EST 

Mobile Embrace Ltd : update in relation to supreme court litigation further to its most recent announcement of 10 august this year. . MBE has now quantified amount of its cross claim against plaintiffs in an amount between $4m and $11m. . Exchange of written evidence has commenced and is expected to be finalised in late January . amount that would be recoverable in mbe's favour is not known in event that mbe succeeds in its cross claim. .MBE continues to deny claim by GBD in its entirety and will continue to vigorously pursue its cross claim.  Full Article

Mobile Embrace updates on new agreement signed in Bahrain
Sunday, 9 Oct 2016 05:28pm EDT 

Mobile Embrace Ltd : Mobile embrace ltd updates on new agreement signed in Bahrain .New agreement signed in Bahrain with VIVA Bahrain, a subsidiary of Saudi Telecom.  Full Article

Mobile Embrace says expands international dcb in Norway
Tuesday, 26 Jul 2016 07:16pm EDT 

Mobile Embrace Ltd : Expands international dcb with full telco coverage in Norway . Says agreement is with established mbe partner, telenor digital .  Full Article

BRIEF-Mobile Embrace buys C2B Solutions for $6.5 mln

* Company has bought C2B Solutions for overall consideration of $6.5 million