{"id":74,"date":"2019-03-22T11:08:38","date_gmt":"2019-03-22T10:08:38","guid":{"rendered":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/?page_id=74"},"modified":"2020-08-27T11:53:17","modified_gmt":"2020-08-27T09:53:17","slug":"how-we-did","status":"publish","type":"page","link":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/how-we-did\/","title":{"rendered":"How we did"},"content":{"rendered":"[vc_row][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text]\n<h1>How we did<\/h1>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text el_class=&#8221;inside-page-menu&#8221;]Contents<\/p>\n<p><a href=\"#revenues\">Revenues<\/a><\/p>\n<p><a href=\"https:\/\/annualreport.palmapictures.es\/annualreport2019\/how-we-did\/audit-report\/\">Audit report<\/a>[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text el_class=&#8221;intro-txt&#8221;]<strong>We are a full service (one stop shop) Production services company delivering the full spectrum of content (from stills to feature films) with a global clientele.<\/strong>[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1554281413037{margin-top: 30px !important;margin-bottom: 30px !important;}&#8221; el_id=&#8221;revenues&#8221;][vc_column][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1524052175748{margin-top: 30px !important;margin-bottom: 30px !important;}&#8221;][vc_column][vc_column_text]\n<h2>Revenues<\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1554890154632{margin-bottom: 30px !important;}&#8221;][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;.vc_custom_1524213492992{margin-bottom: 20px !important;}&#8221;]<strong>Sales<\/strong>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1524213864661{margin-bottom: 0px !important;}&#8221;]<div class='weblator-chart-container' data-random-id='6adb7ba15630a' data-chart-id='1' data-chart-loaded='0' style='width:100%; height:'><canvas id='weblator-charts-chart-1' class='weblator-chart' width='100%' height=''><\/canvas><\/div>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1597407141792{margin-top: 15px !important;margin-bottom: 15px !important;}&#8221;]Revenues for 2019 were at 19.38M\u20ac. We managed a number of long form projects for clients via SPVs (securing the tax rebate for them), with billings of approx. 40M\u20ac and total billings in 2019 reached a record 63.3M\u20ac.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;.vc_custom_1524213505095{margin-bottom: 20px !important;}&#8221;]<strong>EBITDA<\/strong>[\/vc_column_text][vc_column_text]<div class='weblator-chart-container' data-random-id='6adb7ba156791' data-chart-id='3' data-chart-loaded='0' style='width:100%; height:'><canvas id='weblator-charts-chart-3' class='weblator-chart' width='100%' height=''><\/canvas><\/div>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1597407114996{margin-top: 15px !important;margin-bottom: 15px !important;}&#8221;]EBITDA for 2019 at 1.83M\u20ac represents an 11% rise year over year, which was driven by a focused sales and marketing programme supported by a range of production efficiency initiatives.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;.vc_custom_1524213536934{margin-bottom: 20px !important;}&#8221;]<strong>Activities<\/strong>[\/vc_column_text][vc_column_text]<div class='weblator-chart-container' data-random-id='6adb7ba156c29' data-chart-id='5' data-chart-loaded='0' style='width:100%; height:'><canvas id='weblator-charts-chart-5' class='weblator-chart' width='100%' height=''><\/canvas><ul style='font-style:normal; color:rgb(102, 102, 102); ' data-font-size='12' id='legend-5' class='weblator-chart-legend bm'><\/ul><\/div>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1597407173456{margin-top: 15px !important;margin-bottom: 15px !important;}&#8221;]We continue to see a broad mix of billings from our 3 business lines. Film and TV represented the majority at 63%, Commercials were 25% of our billings and Photo (Stills) 12%.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][\/vc_column][\/vc_row][vc_row disable_element=&#8221;yes&#8221; css=&#8221;.vc_custom_1597407562009{margin-top: 30px !important;margin-bottom: 30px !important;}&#8221; el_id=&#8221;clients&#8221;][vc_column][\/vc_column][\/vc_row][vc_row disable_element=&#8221;yes&#8221; css=&#8221;.vc_custom_1597407616712{margin-top: 30px !important;margin-bottom: 30px !important;}&#8221;][vc_column][vc_column_text]\n<h2>Clients<\/h2>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row disable_element=&#8221;yes&#8221; css=&#8221;.vc_custom_1597407571983{margin-top: 30px !important;margin-bottom: 10px !important;}&#8221;][vc_column][vc_row_inner css=&#8221;.vc_custom_1524213886875{margin-bottom: 30px !important;}&#8221;][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;.vc_custom_1524213952088{margin-bottom: 20px !important;}&#8221;]<strong>Top Markets<\/strong>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1524214217084{margin-bottom: 0px !important;}&#8221;]<div class='weblator-chart-container' data-random-id='6adb7ba157085' data-chart-id='6' data-chart-loaded='0' style='width:100%; height:'><canvas id='weblator-charts-chart-6' class='weblator-chart' width='100%' height=''><\/canvas><ul style='font-style:normal; color:rgb(102, 102, 102); ' data-font-size='12' id='legend-6' class='weblator-chart-legend bm'><\/ul><\/div>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1558691375741{margin-top: 15px !important;margin-bottom: 15px !important;}&#8221;]We saw good level of diversity in our client base in 2018. The high proportion from Scandinavia was driven by one main project\/campaign so we still look at UK as our strongest overall market with over 40% of revenue. Our other markets in Europe and North America made important contributions during a year of realignment of the sales force. We would expect a more balanced profile in 2019.[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/2&#8243;][vc_column_text css=&#8221;.vc_custom_1524214257806{margin-bottom: 20px !important;}&#8221;]<strong>Top 10 Clients<\/strong>[\/vc_column_text][vc_column_text]<div class='weblator-chart-container' data-random-id='6adb7ba1574f8' data-chart-id='7' data-chart-loaded='0' style='width:100%; height:'><canvas id='weblator-charts-chart-7' class='weblator-chart' width='100%' height=''><\/canvas><\/div>[\/vc_column_text][vc_column_text css=&#8221;.vc_custom_1559818937839{margin-top: 15px !important;margin-bottom: 15px !important;}&#8221;]Our top 10 clients (across all business lines) contributed over \u20ac11.6M (59%) of our turnover, up from \u20ac8.5M. Long form clients make up a significant portion of this turnover, hence the significant uplift.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;1\/3&#8243;][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text] How we did [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column width=&#8221;1\/3&#8243;][vc_column_text el_class=&#8221;inside-page-menu&#8221;]Contents Revenues Audit report[\/vc_column_text][\/vc_column][vc_column width=&#8221;2\/3&#8243;][vc_column_text el_class=&#8221;intro-txt&#8221;]We are a full service (one stop shop) Production services company delivering the full spectrum of content (from stills to feature films) with a global clientele.[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1554281413037{margin-top: 30px !important;margin-bottom: 30px !important;}&#8221; el_id=&#8221;revenues&#8221;][vc_column][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1524052175748{margin-top: 30px !important;margin-bottom: 30px !important;}&#8221;][vc_column][vc_column_text] Revenues [\/vc_column_text][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1554890154632{margin-bottom: 30px !important;}&#8221;][vc_column][vc_row_inner][vc_column_inner&hellip;<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false},"_links":{"self":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/pages\/74"}],"collection":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/comments?post=74"}],"version-history":[{"count":16,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/pages\/74\/revisions"}],"predecessor-version":[{"id":670,"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/pages\/74\/revisions\/670"}],"wp:attachment":[{"href":"https:\/\/annualreport.palmapictures.es\/annualreport2019\/wp-json\/wp\/v2\/media?parent=74"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}