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Alloy Mouldings NV
Amsterdam Securities Research
Lead Analyst: Peter van Halen +41-68-489-2550 halen@amsterdamsecurities.nl

MAJOR CUSTOMER WIN Alloy Mouldings has announced an exclusive supplier agreement with Dutch Bicyclez. As part of the deal, Alloy will provide key parts and components for all new bicycle models scheduled to hit the market this spring. Considering the market share of Dutch Bicyclez and the projections of the company's own management, the supplier agreement secures enough business for Alloy Mouldings to ensure solid profitability in 2012. DETAILS The daily-deal site previously lined up $400 million in funding at a valuation of about $6 billion, a person with direct knowledge of the matter said in December. LivingSocial delivers discounts on restaurants, hotels, events, and other goods and services, a market that may generate $4.17 billion in U.S. sales in 2015, up from $1.97 billion last year, according to research firm BIA/Kelsey in Chantilly, Virginia. The daily-deal site previously lined up $400 million in funding at a valuation of about $6 billion, a person with direct knowledge of the matter said in December. LivingSocial delivers discounts on restaurants, hotels, events, and other goods and services, a market that may generate $4.17 billion in U.S. sales in 2015, up from $1.97 billion last year, according to research firm BIA/Kelsey in Chantilly, Virginia. RECOMMENDATION The daily-deal site previously lined up $400 million in funding at a valuation of about $6 billion, a person with direct knowledge of the matter said in December. LivingSocial delivers discounts on restaurants, hotels, events, and other goods and services, a market that may generate $4.17 billion in U.S. sales in 2015, up from $1.97 billion last year, according to research firm BIA/Kelsey in Chantilly, Virginia. For a complete analysis of this development, or for more information on this company, please contact the research provider: Amsterdam Securities Research Equity Sales Tom van der Broer

TRADING DATA Last Price:

JAN 31, 2012, IN EUR

EUR

52-Week Band: Avg. Volume:

OVER 12 MONTHS

100% EQUALS 52-WEEK HIGH

12.35 32% 1,500,345

Shares Outstanding:
AS OF DEC 31, 2011

Free Float:

AS OF DEC 31, 2011

35,000,000 39%
EUR/IFRS

FINANCIAL DATA Net Revenues

12 MONTHS ENDING DEC 31, 2011

Revenue Growth EBIT

12 MONTHS ENDING DEC 31, 2011 12 MONTHS ENDING DEC 31, 2011

Operating Cash Flow Capital Expenditures

AS OF DEC 31, 2011

12 MONTHS ENDING DEC 31, 2011

765,443 17% 20,833 40,811 200,553

Total Assets

AS OF DEC 31, 2011

Intangible Assets
AS OF DEC 31, 2011

Book Value Net Debt

AS OF DEC 31, 2011 AS OF DEC 31, 2011

Cash & Equivalents

AS OF DEC 31, 2011

12,383,000 3,766,003 1,787,665 5,943,819 563,392

SHAREHOLDER STRUCTURE

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+41-68-489-2550 derbroer@amsterdamsecurities.nl

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