14/10/1999
Earthport.Com, the on-line clearing and internet lottery business, increased turnover by 204% to £658,000 in the three months to September. More interestingly though, the Ofex-listed group secured a joint listing on the Bermuda Stock Exchange and said that it 'expected to be quoted on Nasdaq soon'. Directors at the group said the money raised via the Bermuda listing would be used to develop further the revenue streams of Earthport Entertainment and Earthport Transaction Services. During the busy three month period Earthport purchased 15% of Voyager Financial Services, a fellow Bermuda-listed vehicle. It also purchased 50% of IPO.com, a Bermuda-based venture offering new issues to internet investors. In other areas, the board reported it was at an advanced stage with its development of games for the Granada site G-Wizz and said it had reached an agreement with International Broadcasting Corporation to build a general purpose internet site and interactive games facility. Earthport shares, priced at a mere 100p last year, moved up 10p to 687.5p.
| Market cap: | £45.69m |
| PE Average: | 48.5 |
| PE Forecast: | n/a |
| PE Historic: | n/a |
| Share price: | 687.5p |
| AIM | £43.96m |
54.50p
|
-0.75p
|
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| Other company articles: |
| 01/05/2007 |
| 26/10/2006 |
| 02/04/2002 |
| 20/03/2002 |
| 01/02/2002 |
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