Annual Report to Shareholders
Perth, Oct 1, 2015 AEST (ABN Newswire) - Yonder & Beyond Group Ltd (
ASX:YNB) (Y&B or the Company), a portfolio of synergistic technology assets with a focus on mobile businesses, is pleased to provide an update in relation to its operations.
Y&B and its companies have had a solid year, with several products already live and others preparing to launch early in the next quarter.
Y&B expect all companies to experience growth, customer acquisition and revenue by next quarter. This growth will be supplemented by investment into the portfolio companies and Y&B.
(a) Gophr Limited (Gophr) significant growth upon official launch Gophr is an on-demand courier application, which allows users to book, track and pay for a courier delivery through their smartphone. It has been created to improve experiences for both customers and couriers alike.
Gophr successfully launched to the public in May after completing its live testing phase with 100 businesses in March.
Since its official launch, Gophr is experiencing significant growth and has signed on major clients, including leading and international organisations.
Similar to popular ride-sharing application Uber, Gophr enables customers to order a courier, watch its delivery in real time and pay for their delivery using a smartphone. Gophr has provided improvements to the service over the September quarter. Couriers can now accept multiple jobs at the same time, which allows the system to determine the couriers route and then assign them additional jobs that are relevant to them on that route.
Gophr couriers have told us that this is the most effective and efficient system they have used. In addition, further developments to the customer side allow open integration with key partners.
After a long period of protest from the Courier Unions against the 'big four' same-day delivery companies, Gophr have decided the time was right to become the first Living Wage accredited courier company in the UK. This cements Gophr's position as the most pro-courier company in the UK.
September provided a new record day for number of deliveries, with revenue up 35% in August. It is anticipated that Gophr's growth and customer acquisition will continue to increase over the next quarter.
Y&B owns 75% of Gophr and is continuing to drive growth through securing key clientele through the Y&B management team.
(b) MeU Mobile - launched in July
MeU Mobile is a new mobile virtual network operator (MVNO) and Australia's First Social Mobile Network(TM). After a successful trial phase, with approximately 100 customers, MeU Mobile used Q4 2015 in preparing to launch to the public which it successfully did in July. Utilising the Telstra Wholesale Network, MeU Mobile offers Australians simple, transparent and competitive month to month mobile plans.
MeU Mobile offers four plans to the market, known as 'Oodles', which provide members with talk, text and data at highly competitive prices. Members can keep their previous number and will have access to free voicemail and calls to 1800 numbers. Using its network named Kevin, MeU Mobile provides a 3G footprint to 98.5% of the Australian population, covering 1.3 million square kilometres through Telstra's 3G network.
MeU will be Australia's first Social Mobile Network(TM) using a bespoke and innovative socially connected platform enabling members to connect both socially and with MeU's customer centric service representatives in a cheaper, faster and more intuitive way.
Y&B owns 45% of MeU Mobile and anticipates significant growth and strategic partnerships in the future.
(c) Boppl(TM) - securing partnerships
Boppl(TM) is a mobile ordering application, which enables users to order and pay for food and beverages from their favourite venues through their smartphone. Winner of multiple awards, Boppl was awarded the UK Mobile & Apps Design Award in 2014, Top 50 Mobile Innovator in 2013 and named App of the Day by Mobile Entertainment.
Boppl has several partnerships with leading EPOS providers to deploy in venues globally. In April Boppl(TM) secured an integration partnership with Omnivore. Through Omnivore's advanced technology system, Boppl(TM) will be available on virtually all venues globally that are using Micros, NCR Aloha or Positouch as a Point-of-sale system. Micros and NCR Aloha are two of the largest Point-of-sales systems in the world, with an estimated combined deployed base in excess of 200,000 venues globally.
Boppl is already experiencing growth and success from these partnerships, with several venues in Brisbane, Perth and London. Boppl also is in the process of deploying its first USA venues. It is expected that Boppl will continue this growth and success over the next quarter through revenue, venue and customer acquisitions.
Boppl partnered with fellow YNB company, Prism Digital and London's monthly DevOps event to offer mobile ordering at Blueberry Bar & Kitchen, exposing over 2000 members and 200 conference attendees to Boppl.
Boppl has commenced development with Gophr, fellow YNB company, "making deliveries easy". In Australia, Boppl have introduced MeU Mobile, a fellow YNB company and Australia's first social mobile network, to offer mobile services to venues requiring network connection for mobile ordering.
Y&B owns 72% of Boppl(TM) and has played a key role in securing recent partnerships through the Y&B management team.
(d) Prism Digital - increasing revenue and growth
Prism Digital is experiencing solid growth and success, with increasing revenues and client acquisitions over the past few months. Prism Digital is a digital recruitment agency based in London and focuses on the start-up and technology sectors.
Prism Digital co-organises technology events, known as 'London DevOps', for local developers to discuss and share knowledge on the software development method. These events have led Prism Digital to expand its network and relationships with leading technology companies, as well as top talent in the industry.
On the 22nd September, in collaboration with the DevOpsGuys, Prism hosted the WinOps Conference 2015, the world's first conference dedicated to DevOps technologies in a Windows world. This conference attracted speakers from major corporations in the technology industry, including Microsoft, AppDynamics, JustEat, Chef and Puppet.
Prism Digital has relationships with major and influential technology companies, and attributes its success to its innovative approach to recruitment in the digital space as well as understanding the needs of its clients.
Y&B owns 60% of Prism Digital and expects to see increased revenue and growth from this company in 2016.
(e) MySQUAR - rapid growth in emerging markets
MySQUAR is Myanmar's only local language and social media platform. MySQUAR is experiencing significant growth in the Myanmar telecommunications market, with over 600,000 registered users.
MySQUAR's mission is to inspire creativity, entertainment and a better standard of living in Myanmar by offering world class consumer technology solutions that connect Myanmar people with local businesses, products and each other. Myanmar is one of the world's fastest growing telecom and technology markets, with large infrastructure investments paving the way for continued growth in the coming years.
The MySQUAR MyChat application was recently ranked 5th in Google Play's top free applications store. With its current rate of growth, the company expects to have over 1.5 million registered users by the end of the year.
MySQUAR listied on London Stock Exchange's Alternative Investment Market ("AIM") in July 2015. Y&B owns 4,133,303 MySQUAR shares.
(f) Wondr - v1.0 live on the App Store
Wondr is a photo and multimedia application that allows users to create albums for events and share them with other registered users. The application is ideal for events such as weddings, where private photo sharing is preferred.
Wondr has an emphasis on user defined privacy and content ownership. It has been created on the premise that users desire to share multimedia during life events in a private forum, and current social media and sharing platforms are broad-reach in nature to efficiently do so.
Wondr v1.0 launched on the App Store in June in an expanded live testing with a closed group and a test deployment at the PDC Perth Darts Masters in August 2015 This milestone takes Wondr out of its development stage into continuous customer testing and iterative improvements. Development continues for Wondr v2.0, which will bring a state of the art user experience on this functionality and added engagement features to the Wondr ecosystem.
Y&B owns 100% of Wondr and is receiving positive feedback from version 1.0. It is anticipated that Wondr will experience growth upon its official launch and subsequent updates.
(g) PlayMeet(TM) - preparing to launch
PlayMeet(TM) is a comprehensive social music application, which has been created in collaboration with representatives of JMPM Properties and The Estate of Michael Jackson. PlayMeet(TM) allows users to create and tune profiles based on their musical interests, then find and interact with other users with similar musical tastes. Users can connect with friends or someone new by searching geolocation, venue checkins and local concert events.
PlayMeet(TM) has built a proprietary messaging and technology framework and integrated best of breed technologies from Spotify, Bandsintown, LyricFind, Facebook, FourSquare and TouchTunes to create the preeminent social music application. PlayMeet(TM) will continue to build out a world class and constantly evolving music matching algorithm that will connect people and spark social communication through the language of music.
Over the past year, Y&B acquired an initial 10% stake in PlayMeet(TM) and has completed considerable enhancements and development to the application.
(h) Connexion Media - winner in the Smart 100 innovation awards
Connexion Media is a leading technology provider or services for connected cars. Listed on the ASX (ASX:CXZ), Connexion provides a unique set of services to manufacturers and servicing companies. Connexion has signed agreements with leading global manufacturers to deploy its solution on their car fleet, including PSA Peugeot Citroen, Volkswagen or Continental.
The Flex product has made outstanding progress in 2015. The introduction of the customised Flex service in new vehicles as part of a deal is expected in Q4 2015. USA-based automakers will offer the service throughout the USA via its dealer network at over 4,000 locations.
Connexion's Flex and miRoamer products were collectively chosen as winners in the Australian Anthill's 'SMART 100' Innovation Awards. The 'SMART 100' was developed in 2008 and identifies and rans 100 of the most innovative products in Australia.
To view the annual report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-YNB-735909.pdf
About Yonder & Beyond Group Ltd
Yonder & Beyond Group Ltd (Y&B) (ASX:YNB) is a portfolio of synergistic technology assets with a focus on mobile businesses. These include Gophr, Boppl, Prism Digital, PlayMeet and MeU Mobile. Yonder & Beyond's strategy is to identify and develop disruptive applications with high commercialisation and scalability potential.
Yonder & Beyond equip startups with vital capabilities beyond capital. Our philosophy is to invest in people, as well as invest in their business, so they can both grow and succeed. We are dedicated to contributing to the development of businesses through our resources, experience and relationships.
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