Netgem TV now at Octaplus in Hull

 

Octaplus launched initially in Hull in May 2022, joining MS3’s fibre network, combining broadband services with its own digital phone and TV offering and in July will launch across the Nation on CityFibre and Openreach network providing  speeds of up to 1Gbps.

Octaplus has decided to team up with Netgem TV to offer its award-winning TV service to its subscribers as part of its competitively priced TV and broadband bundles. This new partnership puts Octaplus in a strong position to offer its customers a one-stop-shop for all their connectivity and communication needs. 

To celebrate this exciting launch, the first 300 customers will have access to an exclusive offer including TV service and 1 year of Amazon prime video, a HD TV Soundbox worth £249 and 500 Mbps broadband all for only £35 per month. An exceptional opportunity not to be missed just before summer!

SOURCE:

https://www.netgem.co.uk/octaplus-seizes-the-day-and-boost-its-fibre-offer-with-a-tv-combo-bundle-powered-by-netgem-tv/

Netgem, bonnes perspectives pour 2022

...bonnes perspectives pour 2022:

(Note: this analysis of Sep. 02, 2021 did not take into account subsequent agreements / deals with: "TalkTalk UK" (with Over4 million broadband customers); PREMIERE MAX - France (for Premiere's 3,375,000 readers) and  Ireland’s no.1 Broadband Provider Pure Telecom launche by Netgem.TV)

seekingalpha research:

"On a conservative basis, the net equity valuation per share is estimated at €2.7 at FY2021, €3.6 at FY2022 and €4.7 at FY2023, representing massive triple-digit upsides from where we are today."

"(...)

C5. Conservative valuation suggests significant upside

To value Netgem which is in essence a growing technology business, we can reasonably use the EV/EBITDA approach based on a conservative projection.

Gross profit. Given the multiple drivers of growth I believe that Netgem can maintain at least a 15% growth guidance in 2021 over the next few years. This 15% guidance incorporates the impact of the global shortage of certain electronic components. Let's assume 15% growth for future year for the sake of conservatism.

Operating expense. Despite gross profit growth, Netgem is able to reduce cost in 2021 thanks to the restructuring and cost savings at Vitis. These activities are still ongoing so we should be able to see further benefits. Putting this upside aside, after the cost of goods sold, Netgem is a basically a fixed-cost business thanks to its focus on software development and B2B distribution. For conservatism, I assume the increase in expense corresponds to 25% of gross profit increase or an implied marginal EBITDA / Gross Profit of 75%.

EV. To estimate EV, I conservatively use a multiple of EV/EBITDA of 15x, which could be considered to be low for a growing technology business. We observe much higher multiples in similar businesses below.

Net Cash. Net cash of €4.3M at the end of June 2021 is adjusted in the calculation.

Minority Interest. 47% of Vitis is owned by other shareholders (Groupe Caisse de Dépôts and Océinde). I conservatively assume this minority part represents 20% of Netgem value despite the fact that the Europe ex. France, notably in the UK, have a much better profitability and growth prospect.

(...)"

Read all research on Netgem at (Sep. 02, 2021):

https://seekingalpha.com/instablog/52575557-frencheese-investor/5633545-netgem-hidden-nano-cap-gem-of-french-tech

Netgem:

• "Leading provider of B2B Internet TV services in Europe.
• Successful transformation from a hardware manufacturing business to an as-a-service business model with 90% of recurring revenues and multiple paths to continue double-digit % growth of gross margin.
• Market under-appreciates the value of the transformation and even a conservative valuation suggests triple-digit % upside. "

SOURCES (Sep. 02, 2021):

https://seekingalpha.com/instablog/52575557-frencheese-investor/5633545-netgem-hidden-nano-cap-gem-of-french-tech

https://www.netgemresearch.com/archive

TalkTalk to bring a new set-top box (From October 2021, by netgem)

 (Sep 29, 2021)

From October, TalkTalk will partner with Netgem to bring a new set-top box and selection of channels to its customers!

Unlike Sky Q, Netgem doesn’t rely on a satellite dish, but instead simple plugs into your broadband connection.

Since Netgem streams everything over your internet connection, the telly box won’t be available to those with slower broadband plans from TalkTalk.

Read more at: https://techcodex.com/talktalk-full-fibre-broadband-users-to-get-an-all-new-sky-q-rival/

* * *

Talk Talk At a glance 

(TalkTalk Telecom Group Limited Annual Report 2021):

- Over4 million broadband customers

- 2.8 million FTTC and FTTP customers

- 96% population coverage

- UK’s largest wholesale broadband provider

- 47,300 high-speed Ethernet connections 

- 957 million GB average customer downloads per month

UPDATE - September 29th, 2021 :

A spokesperson for TalkTalk told ISPreview.co.uk: “We can confirm that we are in late-stage discussions with Netgem. As with everything we do, we are always looking to give our customers the best TV experience in the market.”

UPDATE - October12th, 2021 :

Budget UK broadband ISP TalkTalk has today officially signed a contract with pay TV solutions provider Netgem, which will see the provider launch a new “TV 4K” product for their 4.2 million customers that will be powered by the Netgem TV platform and an apparently “frictionless ‘end to end’ operating model.”

Nouveau ! PREMIERE MAX (pour les 3 375 000 lecteurs de Première)

 Paris, le 23 septembre 2021 

Le magazine Première, leader historique des magazines cinéma, et Videofutur, plateforme historique de VOD, annoncent le lancement de la plateforme VOD, 100% indépendante, française et innovante, à destination de tous les amoureux du cinéma : PREMIERE MAX by VIDEOFUTUR.

... et toujours possible combiner ce nouvelle offre, avec le service de la fibre videofutur!

PREMIERE MAX by VIDEOFUTUR offrira dès fin octobre 2021 le meilleur du cinéma à sa communauté de passionnés. PREMIERE MAX by VIDEOFUTUR leur donne rendezvous pour découvrir les sélections et les coups de cœur de la rédaction de Première, pour découvrir ou redécouvrir des films qui ont fait l’histoire du cinéma.

 

Lire plus sur:

http://crea.videofutur.fr/web/marketing/CPpremiere_VIDEOFUTUR.pdf

A propos de Première

Edité par Première Média, Première est le magazine leader historique de cinéma en France. Il réunit chaque mois 3 375 000 lecteurs (source ACPM) à travers son magazine, son site Premiere.fr, ses applications. Il s’appuie en outre sur une forte communauté sociale, avec plus de 700 000 fans et followers sur les réseaux sociaux majeurs.

A propos de Videofutur

Videofutur est une marque du groupe Netgem qui développe une plateforme de services multi-écrans de bout en bout pour ses propres besoins et pour ses partenaires opérateurs soit plus de 330 000 consommateurs actifs en France et en Europe francophone.

New: Pure TV, powered by Netgem TV.

 (SEPTEMBER 21, 2021)

Pure Telecom launches 

new Irish TV platform: Pure TV !

Pure Telecom: Ireland’s No.1 Broadband Provider!

Pure TV in collaboration with Netgem, brings to Pure Telecom customers netgem’s 4K set-top box will ensure that the Irish public have access to the most popular TV shows and films that Pure TV has to offer.”

In all there are 80 extra channels free to air including 20 sports channels available at home and on-the-go. Unlimited mobile TV is provided at no extra cost.

Rated 5 stars for good reason

• You don’t have to miss a moment again: pause, rewind and record live TV.
• Use on multiple devices around your home, switch from the TV to your mobile in a flash.
• This award-winning TV service pushes new suggestions to you based on your watching habits.
• Transform any TV into a smart TV, bringing your tech up-to-date.

Source: https://www.puretelecom.ie/broadband-tv

France Channel TV @ USA - FREE trial

Created by FACC-NY Member Julien Verley, ex. Canal+ and France Television executive, this new platform intends to promote France and French audiovisual creation around the world.Inspired by Britbox, an SVoD service dedicated to British content, French streaming service called France Channel is now officially launched !

https://francechannel.tv/

https://my.francechannel.tv/

FREQUENT QUESTIONS

WHAT IS FRANCE CHANNEL? France Channel is the first Culturetainment offer about France: Through a unique subscription streaming service, you will enjoy the best of Culture and Lifestyle of France…. all subtitled in English.

On France Channel, you will find:

• Most popular French Movies & Series
• Plenty of Documentaries & TV shows allowing you to discover France: amazing places, food & wine for connoisseurs, history & art, fashion & beauty, and classical and contemporary music
• A dedicated section with French subtitled programs that will help you master your French language skills
• Two International live News channels (one in English and one in French) where you can broaden your perspective on the fast-changing world around you 

All programs are available in English and with a selection of French subtitles, especially helpful for those learning French. Some chosen programs are also dubbed in English.

France Channel is the #1 Premium “Culturetainment” destination service for everybody interested in France, its culture, lifestyle, and entertainment. 

HOW MUCH DOES FRANCE CHANNEL COST? France Channel offers a 7-day free trial period for you to discover the best of French entertainment. You can subscribe to France Channel for $7.99 USD/month or $79.99 USD annual fee. You can cancel and resume your subscription at any time.

WHERE CAN I WATCH FRANCE CHANNEL? You can subscribe to France Channel on the web and through our partner ROKU via the ROKU app. You can watch and enjoy the service on the web, on ROKU, and on our mobile application available on both Android and Apple stores for download. We are working hard to make France Channel also available through other popular distribution networks (soon, it will also be accessible thru Struum, a new platform launched by the former CEO of Disney, Michael Eisner).

CAN I LEARN FRENCH THROUGH FRANCE CHANNEL? You can definitely improve your French language skills at whatever level of advancement you are at. In the Learn French section, you will find content fit for everyone: Cartoons, Movies, and Documentaries, amongst others, both subtitled in English and French. Our News section is also available in both English and French. Enjoy Learning! Voilà!

To read more:

(September 02, 2021) FranceChannel.tv, fully French streaming platform finally available in the US   https://www.faccnyc.org/news/francechanneltv

https://twitter.com/MiFrenchCulture/status/1433816669881765909

SUPERSTREAM, Your Managed WIFI for Best Broadband Connectivity

As a service Provider, 

Superstream is your best Solution for QoS and monetization strategy!

New site netgem:  https://superstream.netgem.com/ :

(new clients referenced: alncom & YouSee)

Source: https://www.netgem.co.uk/business/

Other refs.:

• https://www.netgem.com/en/news/netgem-expands-its-netgem-tv-service-to-superstream-wifi-mesh-with-first-deployments-confirmed-acros
• https://www.netgem.com/en
• https://www.netgem.co.uk/super-wifi/
• https://www.netgem.co.uk/

France Channel @ ROKU (USA)

(August 2021)

France Channel in tests at ROKU:

Developed by: Netgem

"France Channel is the first Culturetainment video streaming service where French culture and creation play the main roles. 

Offering a unique selection of Movies, Series, Cartoons, TV shows, Documentaries and a Live News feed, France Channel offers a unique Francetainment experience: discover and explore France and the French lifestyle and learn French with French and English subtitles."

( --------

Do not confuse with Lightcast.com version:

 -------- )

To read again:

https://www.mediaplaynews.com/france-channel-streaming-service-launching-in-u-s/

https://www.lesechos.fr/tech-medias/medias/france-channel-le-frenchy-de-la-svod-qui-veut-conquerir-les-etats-unis-1298191

Netgem: Gross profit growth of +20% in the first half of 2021!

Netgem Press Release

 

 Interim Results 2021 and Outlook

 

Raised annual objectives

✓ Recurring revenues represent 90% of the activity, with 320,000 subscribers to the group's Content-as-a-service platform. 

✓ Gross profit growth of 20% in the first half of 2021. 

✓ This growth is accompanied by a return to profitability with EBITDA reaching € 2.0m (H1 2020: - € 0.3m) and a significant improvement in net cash (€ 4.3m at June 30, 2021 vs. € 1.8m at the end of 2020). 

✓ The company raises its annual objectives, anticipating gross profit growth in 2021 of about 15%, compared to 10% as announced previously. 

✓ "France Channels" =>  "...the commercial launch of France Channel is scheduled for mid-August 2021."

✓  In the United Kingdom, the Group is experiencing growing success, which it hopes to translate in the second half of the year into new partnerships with leading players, which would allow the Group to increase its visibility in 2022.

Paris, July 30, 2021
The Netgem Board of Directors of July 29, 2021 approved the accounts for the first half of 2021. For Mathias Hautefort, CEO of Netgem, “Our business model has stabilized. We are growing with our existing customers and discussions are underway with other telecom operators or publishers of video streaming services. We are revising our objectives upwards and are now aiming for organic annual gross profit growth of close to 15% in 2021.”

Read more at: 

Français: https://www.netgem.com/medias/document/other/1643/2021-07-30-pr-resultats-s1-2021-netgem-fr-def.pdf

English: https://www.netgem.com/medias/document/other/1644/2021-07-30-pr-resultats-s1-2021-netgem-eng-def.pdf

Netgem: Croissance soutenue de la marge brute pour 2021!

 Communiqué de presse Netgem:

2021: Croissance soutenue de la marge brute

Paris, le 21 avril 2021

"NETGEM présente son chiffre d’affaires et sa marge brute du premier trimestre 2021.

La transformation de l’activité du Groupe est dorénavant complète. Sur le trimestre écoulé, le chiffre d’affaires s’élève à 7,1M€ et est constitué quasi-exclusivement de contrats de services récurrents NetgemTV. Il est en baisse de 12% par rapport au trimestre comparable en 2020, qui intégrait encore une part non négligeable de vente d’équipements.

La marge brute du premier trimestre 2021 est en hausse de 11%. Elle reflète la contribution du parc d’abonnés actifs, en croissance sensible sur les 12 derniers mois. Le Groupe estime que la croissance de la marge brute pour l’ensemble de l’année 2021 pourrait se maintenir à un taux comparable à celui observé lors du premier trimestre soit de l’ordre de 10%."

Source: http://lesechos-comfi.lesechos.fr/actualite.html?id=976775

_______________________

IMPORTANT éclaircissement:

Le CA (chiffre d'affaires) n'est plus le indicateur, pour evaluer la santé de Netgem (aprés 2019)!

 ==> mais si la "Marge Brute" est la nouvelle reference!


=> Le nouveau modèle de activité* de Netgem, (changement, commencé en 2018-2019) fait la croissance des résultats plus lente et pas explosive come dans le passé, mais ce qui importe ici est donc est une croissance recurrente récurrente et durable (proportionnelle à la croissance de la base d'abonnés actifs)!!!

*En effet, l'application de ce nouveau modèle décale dans le temps la reconnaissance de marge : passage d'un mode "licence" (marge unique et proportionnelle à l'acquisition de nouveaux abonnés) à un mode "Software as a service" (marge récurrente et proportionnelle à la base d'abonnés actifs).
Ce nouveau modèle d'affaires aligne mieux les intérêts de Netgem avec ceux de ses clients opérateurs.

La % de la marge brute sur le CA, monte:

. Chiffre d'Affaires (CA) aux dernieres trimestres:

  
T1 2017: 14.7 MEur
T2 2017: 17.3 MEur
T3 2017: 12.4 MEur
T4 2017: 16.5 MEur
T1 2018: 11.0 MEur
T2 2018: 12.0 MEur
T3 2018: 7.9  MEur
T4 2018: 10.8 MEur
T1 2019: 6.6  MEur
(...)

T1 2020: 8.0  MEur

(...)
T1 2021: 7.1  MEur

. Marge Brute (MB) aux dernieres trimestres:
 
T1 2017: 6.2 MEur  (42 % du CA)

T2 2017: 6.5 MEur   (38 % du CA)

T3 2017: 5.1 MEur   (41 % du CA)

T4 2017: 6.8 MEur   (41 % du CA)

T1 2018: 5.3 MEur   (48 % du CA)

T2 2018: 5.7 MEur   (48 % du CA)

T3 2018: 4.0 MEur   (51 % du CA)

T4 2018: 4.7 MEur   (44 % du CA)

T1 2019: 3.6 MEur   (55 % du CA)

(...)

T1 2020: 4.0 MEur   (50 % du CA)

(...)
=> T1 2021: 4.4 MEur   (62 % du CA)

La marge brute (= chiffre d'affaires - coûts totaux) révèle si une entreprise est capable de dégager un bénéfice!

2021: Apple TV+ in risk of millions of cancellations (appealing Netgem TV... VideoFutur...)

According to nScreenNoise (16 Dec, 2020), Apple TV+ needs a content infusion to avoid millions of cancelations.

"It has been over a year since Apple TV+ launched, and most of its 40 million subscribers are taking advantage of a free year of service. 

What will they do when it comes time to pay? Without a huge Apple TV plus content injection, millions will hit the exits."

(...)

"Things are not looking good for 2021. Apple TV+ has had no breakout hit; it has slow content flow and a tiny library."

       Services (available @ apple app store) like:

=>   NETGEM TV (at UK) 

        

or

=>  VideoFutur (at France) 

      

     may be a much better value!

1. NETGEM TV for just £16.99 a month on a 12-month contract:
- 135+ Live Channels
- 30,000+ hours catch up TV
- Best streaming services including Amazon Prime Video, YouTube and more
- 4K TV Box included worth £149 

2. VIDEOFUTUR (maFIBRE) for just 26.99€ a month on a 6-month contract:

Une connexion Internet

Très Haut Débit

+ PUISSANTE

Avec la Fibre ultra rapide, profitez d’une connexion Internet Très Haut Débit plus stable et plus puissante, sans coupure ni ralentissement !

Un WiFi partout chez vous

+ EFFICACE

Avec VIDEOFUTUR vous profitez du Super WiFi, une connexion WiFi stable et Ultra rapide pour accéder depuis toutes les pièces de la maison, sur tous vos appareils connectés et dans tous vos usages, au meilleur débit sans aucune déperdition.

Un accès à vos contenus

+ PRATIQUE

Avec myVIDEOFUTUR, vous profitez des meilleurs contenus (TV, replay, enregistrements, VOD à la carte ou en illimité, TFOU Max) sur 1 écran digital compatible Chromecast.

Bouquet TV : offert 1 an si vous prenez l’option 5 écrans

Prime vidéo : accessible aux membres Prime directement sur la box TV 4K (avec l’option 5 écrans)

Vous profitez en plus de 2 applications offertes :

Cafeyn : pour la presse en numérique

Youboox : pour votre bibliothèque numérique

Une facturation des appels

+ AVANTAGEUSE

Facturation à la seconde ou Appels illimités : avec VIDEOFUTUR, choisissez l’option qui correspond VRAIMENT à vos besoins et faites des économies !

***

WHAT IS NETGEM TV?

https://www.netgem.co.uk/

Sur la SOUNDBOX PREMIUM SHARP 4K:

 https://home.netgem.com/soundbox-premium-sharp/

Sur la Netbox Concentrate of hybrid TV 4K:

 https://home.netgem.com/soundbox-premium-sharp/

Netgem App with global distribution available @ Roku

 (22/10/2020)

Netgem App with global distribution available @ Roku

"Application developed by Netgem will be available on iOS, Android, the web and Roku, the leader in connected TV in the USA.

The offer will be launched in the United States in early 2021

Netgem announces its partnership with France Channels as part of the launch of its SVOD platform on the American market. This generalist and premium offer aims for the first time to promote French audiovisual creation abroad on a single destination thanks to a wide and diversified programming covering all genres: cinema, fiction, animation, documentaries, TV magazines and recordings of live shows. 

Under the "France Channel" brand, the offer will be launched initially in the United States, and will then be rolled out to other countries. In this context, Netgem will provide an integrated technical solution in SaaS (as a service) and multi-screen mode. This solution is based on the multi-screen platform deployed for the myVIDEOFUTUR service in France and for NetgemTV in the United Kingdom.

(...)

Julien Verley, President and Founder of France Channels: "The partnership with Netgem is strategic for the development of our service internationally. We are delighted to be accompanied by a French actor who shares with us the conviction of the potential of this project unprecedented which aims to become the first premium destination for all Americans wearing an interest for France.”

Source: https://www.netgem.com/medias/media/other/68/cp-francechannel-fr.pdf

--------------------------------------------

To note:
"The application (France Channel) developed by Netgem will be available on Roku!"




To remember:
1. Roku is uniquely positioned with its advanced streaming platform and growing scale. The company operates the # 1 streaming platform in the United States.
2. Several million consumers currently use Roku streaming devices in North America, Latin America, and some European countries including UK, Ireland, and France.
3. Sep 17, 2020 In Q2 of 2020, Roku reported a total of 43 million monthly active users in the US!
4. The first ROKU shareholder is Fidelity Management & Research Co. (Fidelity Investments - FMR LLC) with 7.87% of the capital! (it's nearly 210 M €!)
5. FMR LLC  (Fidelity Investments) controls approximately 5% of the capital of the company Netgem

https://www.seenit.co.uk/new-french-language-svod-service-partners-with-netgem-for-international-roll-out/

Netgem H1 2020 results

(31/07/2020)

NETGEM H1 2020 results

The accounts for H1 2020, approved by the Board of Directors on July 30, 2020 and presented below, are the first to reflect the new consolidated scope including the control of Vitis-Videofutur, and translating in the figures the withdrawal from the equipment supplier business and the strategic reorientation towards the services started several years ago. 

This semester was marked by the following events: 

● Major change in scope with strategic refocusing and synergies. 

● Good resilience to the Covid crisis. 

● Acquisition finalized in early July of a very high-speed subscriber base.

Resilience of the business:

• In the first half of 2020, Netgem demonstrated the resilience of its market and its business model. Thus, its turnover and net income remained at levels very close to those of the 1st quarter, despite the consequences of the Covid-19 crisis. More generally, the epidemic has not had a significant impact on strategic orientations, performance, cash flows and balance sheet aggregates.
• On the French market, the slowdown in customer acquisitions in the 2nd quarter was partially offset by the decrease in churn rate on the existing subscriber base and by a significant consumption of video on demand (+50%).
• In Great Britain, NetgemTV was launched commercially with fiber operators Pure telecom, Origin and Gigaclear.
• Finland was little impacted by the crisis and sales of the service Elisa Viidhe Premium remained strong on that market.

Outlook for the second half of 2020: 

• In France, Netgem anticipates that the deteriorating economic context could lead to pressure on the acquisition of new subscribers. Conversely, the strong trends in teleworking reinforce the importance of fiber in lower density territories, the Group's natural market in France. 
• The contribution of new operator partners in the United Kingdom, continued growth in Finland and the impact of the acquisition of Comcable's business should reduce the consequences of this uncertainty, and should make it possible to post sequential growth on the second semester. In addition, the operational synergies made possible by the change in consolidation scope should demonstrate their first effects by a reduction in the structure of fixed costs from the second half of this year. 
• NETGEM thus has the assets to emerge stronger from this economic and health crisis, primarily because of its agile organization, its new market positioning - Fiber and digital - and its good financial health.

Financial communication calendar 
● Q3 2020 Turnover and Net revenue: October 21, 2020, before market


Sources:
En : https://www.netgem.com/medias/document/other/1470/2020-07-31-pr-h1-2020-netgem-eng.pdf
Fr : https://www.netgem.com/medias/document/other/1468/2020-07-31-pr-h1-2020-netgem-fr.pdf