Last SFr.4.24 CHF
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As of 11:43 AM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

myriad group ag (MYRN) Snapshot

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52 Week High
09/23/14 - SFr.5.35
52 Week Low
04/24/14 - SFr.1.23
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myriad group ag (MYRN) Details

Myriad Group AG offers consumer applications, messaging solutions, and embedded software to original equipment manufacturers (OEMs), mobile operators, and pay TV providers worldwide. It provides connected home solutions, such as Myriad Connect & Share, which offers a software suite enabling the sharing of multimedia content anytime and anywhere; Myriad Alien Vue that provides TV service providers the ability to create and deploy new apps and services on set-top boxes and home gateways; and Myriad Connect & Share HTML5 Remote User Interface that enables TV service providers to extend their services onto second screen devices in the home. The company also offers Myriad Social TV that offers OEMs and TV service providers to provides customers real-time interactive social networking, app and content discovery, and recommendations amongst friends and family whilst watching television; and Myriad Jbed Advanced CDC, a Java ME platform that enables consumer electronic device manufacturers to build, deploy, and run Java applications in communication devices. In addition, it provides Myriad Browser V6 and Myriad Browser V7 mobile browsers; Myriad Dalvik Turbo, a replacement for the Android Dalvik Virtual Machine; Myriad Alien Dalvik, which enables OEMs and service providers to access Android ecosystem and deliver new content, applications, and services to customers; Myriad Jbed Advanced, a Java ME platform for mobile handsets; and mobile messaging clients, including SMS, EMS, MMS, IMPS, and mobile email. Further, the company provides Myriad Updates, a text-based social networking service; Myriad Messenger, which enables network operators to create a branded user community across their customer base; MAX, a client-server self-service application for Java, iPhones, Blackberry, and Android phones; and unstructured supplementary service data services. Myriad Group AG, formerly known as Esmertec AG, was incorporated in 1999 and is headquartered in Zurich, Switzerland.

176 Employees
Last Reported Date: 09/23/14
Founded in 1999

myriad group ag (MYRN) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: SFr.488.6K
Advisor to the Chairman
Total Annual Compensation: SFr.271.9K
Compensation as of Fiscal Year 2013.

myriad group ag (MYRN) Key Developments

Myriad Group AG Announces Financial Results for the First Half of 2014; Provides Earnings Guidance for the Second Half of 2014

Myriad Group AG announced financial results for the first half of 2014. For the first half of 2014, the company reported revenues of $21.8 million against $21.5 million a year ago, and an adjusted EBITDA $2.8 million against adjusted LBITDA of $2.3 million a year ago. The company left first half of 2014 with an efficient structure leaving well placed to execute business plans. First half revenues included msngr user fees that it have now discontinued in order to help drive users to the product. The company plans to monetise msngr over the course of 2015. First half 2014 also includes revenues from legacy Synchronica products that will be end-of-lifed as well as revenues from one-time transactions in Device Solutions Division. For these reasons the company does not expect to achieve second half of 2014 revenues at the same level as first half of 2014. First half will also see significant investments in product features and services, and will see marketing activities to support the ramp up of msngr, which will give a stronger user platform for 2015. Thus the company does not expect second half of 2014 to be operationally profitable.

Myriad Group AG, H1 2014 Earnings Call, Sep 22, 2014

Myriad Group AG, H1 2014 Earnings Call, Sep 22, 2014

Syniverse Announces New Multi-Year Agreement with Myriad Group

Syniverse Technologies, LLC has announced a new multi-year agreement with Myriad Group to enable the authentication of global end users of the Myriad msngr app via Syniverse's Mobile Enterprise Services. The agreement with Syniverse includes direct connectivity to numerous top-tier Latin American mobile network operators that enable increased speeds and stability for Myriad's app subscribers. When an end user registers with Myriad msngr over a mobile phone, Syniverse's highly reliable platform will deliver a one-time verification code via SMS. The one-time code is delivered directly to the end user with low processing latency, subsequently allowing the user to complete the registration and activate the app. An integral piece of the app registration process requires Myriad's subscribers to receive SMS messages. The agreement with Myriad continues a steady stream of Mobile Enterprise Services announcements, including agreements with Amazon China; UK-based mobile video service provider; threaded messaging communication provider Boomerang; Chinese Internet portal Tencent; and Cleartrip, one of the leading online travel companies in India. From simple text reminders to short video advertisements, the services empower mobile messaging operations to enable the reach, reliability and security that enterprises and over-the-top providers need to achieve business objectives. In addition to one-time passwords, Syniverse helps brands deliver other personalized, time-sensitive actionable information, including reminders, news of sales or promotions, weather alerts, public safety alerts and more. Additional features include intelligent message processing, two-way messaging, and multilingual, multiple time zone support.


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Price/Sales 8.6x
Price/Book 13.3x
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