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ots Ad hoc-Service: Fluxx.com AG <DE0005763502>

Kiel (ots Ad hoc-Service) -

Mitteilung gemäß Paragraph 15 WpHG, übermittelt von der DGAP
Für den Inhalt ist allein der Emittent verantwortlich
The Kiel-based company fluxx.com AG
was able to maintain its steady growth in the 2000 financial year.
According to the provisional, unaudited key financial figures, gross
consolidated sales rose by 152 percent from DM 26.1 million (EUR 13.3
million) to DM 65.7 million (EUR 33.6 million). The lottery and
betting sales included in this figure, which were handled by the
company's services jaxx.de, horses.de, lotto-sh.de and Telewette,
actually rose by 288 percent from DM 8.4 million (EUR 4.3 million) to
DM 32.6 million (EUR 16.7 million). Net sales revenues totalled DM
33.1 million (EUR 16.9 million), compared with DM 17.7 million (EUR
9.0 million) in the previous year (up 87 percent), and therefore
coincide with the expectations voiced at the time of the initial
public offering in September 1999 and the analysts' forecasts.
Expenses for marketing and sales for the company's own gambling
services, as well as consultancy costs, were the main causes of the
slightly higher loss before interest, taxes, depreciation and
amortisation (EBITDA) of DM -14.3 million (EUR -7.3 million),
compared with DM -12.2 million (EUR -6.2 million) in the previous
year. Including depreciation and amortisation totalling DM 3.2
million (EUR 1.6 million), EBIT is DM -17.6 million (EUR -9.0
million), which is within the range predicted by analysts.
Measures aimed at significantly improving the costs structure have
been launched for the current year, in an effort to attain the
break-even point earlier than was predicted at the time of IPO. The
continuing expansion of the fluxx.com Group has meanwhile been
secured by credit arrangements to the tune of DM 15 million (EUR 7.6
million).
Further details on the annual accounts will be disclosed at the
Annual Press Conference on March 23 in Hamburg.

Contact:

fluxx.com AG, Investor Relations, Stefan Zenker, tel.:
(+49) 40 8537 8847 or (+49) 173 913 8705

WKN: 576350; Index: Listed: Neuer Markt in Frankfurt; Freiverkehr
in Berlin, Bremen, Düsseldorf, Hamburg, München und Stuttgart

End
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