Tom Online Announces 2004 Financial Results

March 16, 2005 | Print | Email Email | Comments | Category: Internet



    During its announcement of financial results for the full year ended December 31, 2004, Tom Online (TOMO) said its total revenues for the year grew by 59% from 2003 to US$122.7 million.

    Revenues from wireless Internet services rose to US$112.9 million for the year, representing a 102% growth from 2003, and revenues from voice services rose to US$29.0 million, up 1,290% from US$2.1 million in the previous year. Tom Online's advertising revenues rose to US$7.6 million in 2004, up 30% from 2003.

    US GAAP basic earnings per American Depositary Share were US$75.2 cents for the full year and US$68.4 cents fully diluted earnings per share for the full year.

    "We continue to benefit from the diversity of our revenue and product base. This diversity has allowed us to grow both our top-line and bottom-line and to maintain attractive margins," said Peter Schloss, Chief Financial Officer and Executive Director of Tom Online.

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