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Industry News Investor Relations

Mood Media: Progress & Strategy

Mood Media continues to experience sustained growth in its visual customer base, and now the company introduces their new and innovative services to even more premium brands; continuing its positive business momentum.

Mood Media recently announced that one of its ongoing investment programs, which focuses on creating and building best-in-class visual solutions, was in the final stages of completing the all new, state-of-the-art visual laboratory in Charlotte, N.C. Part showroom and part mad scientist lab, the space will be utilized as the staging for the latest, cutting-edge concepts from Mood Media’s visual design team.

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Industry News Investor Relations

Mood Media Reports for Third Quarter 2012

In a November, 2012 press release, Mood Media Corporation (ISIN: CA61534J1057) (TSX:MM / LSE AIM:MM), shared its third quarter operating and financial results. Mood Media is one of the world’s largest integrated providers of in-store customer solutions, and the company for which Andrew Rivkin acts as a business consultant, boasted revenues of $120 million; a 38% improvement from 2011 Q3, which was driven by acquisitions, advancements in the North American and International markets, increased customer growth, and rising blended ARPU.

The press release noted:
Adjusted EBITDA rose by 16% relative to the prior year’s quarter to $32.1 million reflecting acquisitions, improvements in ARPU and offset by lower equipment sales, lower non-recurring revenues and unfavourable translation of Euro results.

Net loss per share from continuing operations was ($0.03) compared with ($0.09) in the prior-year period. Lower losses in the current period were driven by the improvement in EBITDA and a foreign exchange gain on financing transactions, offset by higher transaction and restructuring costs and unfavourable translation of Euro results to our reported U.S. dollar results.

“Mood Media is establishing market-leading capabilities in media, interactive and sensory solutions to enhance in-store consumer experience, and we are seeing the results of this strategy in our strong growth in ARPU for the third quarter,” said Lorne Abony, Chairman and CEO of Mood Media.

Mood-Media-logoMood Media Corporation is a well known and successful in-store media company that specializes in consumer experiences through audio, visual, interactive, scent, voice and advertising solutions. The aim is to appeal to the human senses while helping businesses better communicate with consumers, with an ultimate goal of driving incremental sales at the point-of-purchase. Mood Media works with over a half million commercial locations in dozens of countries around the world, and their products and services reach hundreds of millions of people every day. The company works with over 850 U.S. and international brands in diverse market sectors including retail, fashion, financial services, hospitality and dining.

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Investor Relations

The Sarbanes-Oxley Act

The Sarbanes-Oxley Act of 2002 (also known as the Public Company Accounting Reform and Investor Protection Act, and the Corporate and Auditing Accountability and Responsibility Act) greatly increased the importance of investor relations in the financial markets. The United States federal law enacted new requirements for corporate governance and regulatory compliance, with greater emphasis on accuracy in auditing and public disclosure. Notable provisions of the act which apply to investor relations include enhanced financial disclosures and accuracy of financial reports, real-time disclosures, off-balance-sheet transaction disclosures, pro forma financial disclosures, management assessment of internal controls, and corporate responsibility for financial reports.

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Investor Relations

Top Investor Relations Organizations

The most highly regarded professional organization for Investor Relations in the United States (and largest in the world) is the National Investor Relations Institute, or NIRI. Founded in 1969 and located in Vienna, Virginia, NIRI is the professional association of corporate officers and investor relations advisers responsible for effective communication among corporate management, shareholders and securities analysts. NIRI’s 4,400 members represent nearly 2,100 publicly held companies and $5.4 trillion in stock market capitalization. NIRI has 33 chapters located throughout the United States.

In Canada, the professional association is known as the Canadian Investor Relations Institute, or CIRI, and this not-for-profit association of executives handles communication between public corporations, investors and the financial community.

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Investor Relations

Investor Relations Defined

Investor Relations is a strategic management practice that combines finance, marketing and ethics to create the most effective communication between a company, the financial community and other relevant parties, which is responsible for a company’s securities achieving fair valuation. Investor Relations often refers to the department of a company responsible for handling inquiries from shareholders and investors, as well as others who might be interested in a company’s stock or financial well-being. The department generally reports to the Chief Financial Officer or Treasurer, and in some companies, investor relations is managed by the public relations or corporate communications departments. Investor Relations is considered a specialty of public relations by the U.S. Department of Labor and may also be referred to as financial public relations or financial communications.

Many larger companies have dedicated investor relations officers (IROs), who oversee the majority of shareholder meetings, press conferences, private meetings with investors, investor relations sections of company websites and annual reports. The investor relations function also may include the conveyance of information relating to intangible values such as the company’s policy on corporate governance or social responsibility.

Any investor relations department must be aware of current and upcoming issues that an organization or issuer may face, especially those that relate to trustee duty and organizational impact. It must be able to assess the various patterns of stock-trading that a public company will likely experience, often as the result of research reports issued by financial analysts. The investor relations department must also maintain regular communications with the Corporate Secretary on legal and regulatory matters that affect shareholders.