MailUp Board of Directors has approved the 2017 consolidated financial statements and the draft financial statements

EUR 27.3 million turnover in 2017, compared to EUR 21.6 in 2016 (+26.2%) of which: Mail turnover EUR 9.4 million in 2017 (EUR 8.4 million in 2016) SMS turnover EUR 15.9 million in 2017 (EUR 11.4 million in 2016) Professional Services turnover EUR 588 thousand in 2017 (EUR 792 thousand in 2016) BEE [Best Email Editor] turnover EUR 483 thousand in 2017 (EUR 154 thousand in 2016) Other turnover EUR 882 thousand in 2017 (EUR 775 thousand in 2016) EUR 2.9 million of EBITDA in 2017, compared to EUR 2.4 million in 2016 (+19.3%) EUR 1.2 million of EBT in 2017, compared to EUR 1.1 million in 2016 (+6.6%) EUR 2.2 million of operating cash flow, compared to EUR 1.8 million in 2016 (+23%) Negative NFP (cash) equal to EUR 7.2milion, with EUR 10.7 million of liquidity, EUR 1.7 million of short-term payables and EUR 1.8 million of medium/long-term payables The Board of Directors proposes to allocate MailUp SpA's operating profit of EUR 1 million to the extraordinary reserve.