Company Name:NETPLAY

Stock Market: FTSE 100 (AIM: NPT)
Industry Sector: Computer Services
Market Capitalisation: £21.88 million (as of March 11, 2009)
Yearly Revenue: £17.58 million (as of March 11, 2009)
Net Income: £3.44 million (as of March 11, 2009)
Total Assets: £11.5 million (as of March 11, 2009)

Key People: Martin Higginson (executive chairman of the board, chief executive officer), Dominic Mansour (chief executive officer of Bingos.com, director), Nichola Halverson (finance director, company secretary, executive director), Gavin Whyte (chief operating officer, executive director)

Headquarters Address: 3rd Floor, 25 James Street, London, W1U 1DU, United Kingdom
Number of Employees: 31
Web site Address: www.netplaytv.plc.uk

Company Overview
NetPlay TV Plc (NetPlay), formerly known as Stream Group plc, provides its clients with gambling, gaming, and mobile telecommunication services. The company operates two major classes of business, which include interactive competitions and gaming, and mobile telecommunication services.

For business expansion, NetPlay acquired various business alliances, including NetPlay TV Series Ltd., Mobileworkflow Ltd., NetPlay TV Mobile Ltd., GB Promotions Ltd., Mchex Holdings Ltd., NetPlay TV Gaming Ltd., Stream Telecommunications Ltd., NetPlay Trustees Ltd., and NetPlay TV Leisure Ltd.

As of March 2008, NetPlay completely acquired 7,600 quiz games for mobile phones from Rubberduck Consulting Limited, provider of download games. In addition, the company acquired Bingos.com, a television entertainment show, in April 2008. In January 2009, the company acquired Toucanwin.com, the mobile skill and gambling businesses of Info-download Limited, a subordinate firm of the producer of community and entertainment services and products for the Internet and mobile gadgets, Zed Worldwide, S.A.

On December 15, 2008, NetPlay TV launched its currently acquired property, the licensed 24-hour Freeview Channel of Freeview Channel NetPlay TV Plc (Freeview), an interactive gaming firm and the largest digital television platform in the United Kingdom with more than 15.3 million subscribers. Freeview comprises 86.7% of the UK’s average households, having 2.7 million TV sets.

Current Financial Overview
In the fiscal year ending December 31, 2007, the company incurred a net loss of £4.99 million from a gain of £1.83 million. This was attributed to the increase of percentage of total sales of goods from 62.99% in 2006 to 82.75% in 2007, despite an increase of 61.23% on its revenues to £9.41 million in 2007 from £5.84 million recorded in 2006.

In 2007, the company’s total operating expense increased to £13.5 million from £6.2 million in fiscal 2006, due to the growth in selling, general, and administrative expenses to £3.1 million from £2.5 million in 2006 and other expense from 0.00 to £2.6 million in 2007, which contributed on its net loss in fiscal 2007.

The company’s cash flow generated from its financing totalled 1.86% or £175,000 of its total revenues. Its cash reserves on NetPlay TV decreased by £3.12 million, wherein £2.75 million was utilised for its operations and the other £548,000 for its investment expense.