Interim Results

ADVFN PLC
26 March 2003

Embargoed for release until 7.30 a.m. 26th March 2003



ADVFN PLC


Interim Results For the Six Months Ended 31st December 2002



ADVFN PLC today announces interim results for the six months ended 
31st December 2002.


Business Highlights


ADVFN experienced improved trading and significant growth during the six months.


•         Revenues up by 59% to £1.083 million (2001 £681,000 )
•         EBITDA losses reduced by 96% to £10,000 (2001 £271,000)
•         Net loss reduced by 53 % to £268,000 (2001 £574,000)
•         Introduction of new content - Covered Warrants, Liffe, TradeQuant and
          Nasquant.



Managing Director of Advfn PLC, Clement Chambers commented,


 'We are now the accepted market leader and continue to benefit from our
position. It is satisfying to have passed £1m in sales for the half year and
feel certain there is a great deal more potential ahead.'



For further information, please contact:

Clement Chambers, Managing Director,  ADVFN PLC         0207-070-0909





ADVFN.COM PLC


Chairman's Statement

Once again growth has been strong. ADVFN is the UK leading Stocks and Shares
portal and we have continued to build on the successes of last year.

Our strong growth and sales during a savage bear market is a strong affirmation
of the future potential of ADVFN as a lucrative media property. When and if the
market turns we are well positioned to take full advantage.

Since the period end, we have continued to introduce new services. More will be
launched on ADVFN in the coming months. New product is the engine of our growth.
New data feeds and extra services will continue to expand ADVFN's income through
subscriptions and advertising.

Everyone at the company works extremely hard to make ADVFN market leader. This
is no mean feat, as we operate one of the UK's biggest web properties with a
very lean organisation. I would like to thank all of our staff for their
determination, focus and hard work and look forward to a vital 2003.




Michael Hodges
Chairman
26th March 2003






Managing Director's Statement

Operating Review

ADVFN continues to make strong progress. Passing the milestone of £1m in sales
in the first half is very pleasing.

The days of a significant cash burn are over. Turnover for the six months to the
end of December has increased by 59% to £1,083,000 for the six months period
compared to the corresponding six months of the previous year and operating
losses were down 53% to £268,000 from £574,000 for the same period last year.
Our EBITDA shows a £10,238 loss down from £271,000 last year, virtually a cash
break-even position.

Our subscription and advertising model has shown to be robust and we will
continue to grow it by expanding our offering.



     EBITDA - Earnings before interest, tax,             Six months ended   Six months ended     Year ended
 depreciation, amortisation and exceptional items        31 December 2002   31 December 2001    30 June 2002
                                                               £'000              £'000            £'000


Loss before tax - per financial statements                       (268)             (574)          (2,479)


Amortisation                                                       164               143              309
Exceptional item - Impairment                                        -                 -            1,359
Depreciation                                                        92               161              453
Net interest                                                         2               (1)                3


EBITDA                                                            (10)             (271)            (355)


Trading

Subscription and Advertising sales have been at record highs. Subscription
numbers have risen and subscribers have traded up to higher, more expensive
levels of service. Advertising has grown strongly and to reflect this Ray Negus
has joined the board. Investor Relations sales have continued to contribute
useful income.

The launch of Covered Warrants was a big success for ADVFN. We worked very
closely with the London Stock Exchange and released our price feed on the same
day as their launch. Because of this superb technical execution we attracted a
host of premium advertisers, who supported the Covered Warrants section with
sponsorship.

The introduction of Tradequant and Nasquant has shown that ADVFN is a very
strong distribution platform for third party product. We will pursue this model
and expect it to contribute to ADVFN's future growth. Tradequant and Nasquant
products have performed well.



Prospects.

2003 has started well and is expected to be a record year for ADVFN. We believe
that going forward the sales potential for ADVFN is significantly greater than
we have so far achieved and over the coming years we can grow to exploit that
opportunity. This is of course a tall order, but no taller than the one we have
filled since the boom days of 1999. This is the task we are committed too.



Clement Chambers
Managing Director
26th March 2003





ADVFN PLC
CONSOLIDATED PROFIT AND LOSS ACCOUNT


                                                     Six months ended     Six months ended      Year ended
                                                     31 December 2002     31 December 2001     30 June 2002
                                                        Unaudited            Unaudited            Audited
                                                          £'000                £'000               £'000

Turnover                                                    1,083                  681             1,640


Cost of sales                                                (29)                 (18)              (57)
                                                       __________           __________        __________
Gross profit                                                1,054                  663             1,583

Administrative expenses

Exceptional item - impairment loss                              0                    0           (1,359)
Other administrative expenses                             (1,320)              (1,238)            (2700)
                                                       __________           __________        __________
Total administrative expenses                             (1,320)              (1,238)           (4,059)
                                                       __________           __________        __________
Operating loss                                              (266)                (575)           (2,476)

Net interest                                                  (2)                    1               (3)
                                                       __________           __________        __________
Loss on ordinary activities before taxation                 (268)                (574)           (2,479)


Tax on loss on ordinary activities                              -                    -                 -
                                                       __________           __________        __________
Loss on ordinary activities after taxation                  (268)                (574)           (2,479)

                                                       __________           __________        __________

Loss per ordinary share                                   (0.08p)              (0.20p)           (0.83p)




There were no recognised gains or losses other than the result for the financial
period.



Notes to the Interim Statement



1.  The calculation of loss per share is based on the loss on
    ordinary activities after taxation divided by the weighted average number of
    shares in issue for the period which was 335,602,000 (285,194,000 in the six
    months ended 31 December 2001 and 297,522,000 in the year ended 30 June 
    2002).

2.  The directors do not recommend the payment of an interim dividend.

3.  The financial information contained in this document does not constitute 
    statutory accounts within the meaning of Section 240 of the
    Companies Act 1985. The financial information for the year ended 30 June 
    2002 is extracted from the audited financial statements for that period on 
    which the auditors gave an unqualified report. A copy of those financial 
    statements has been filed with the Registrar of Companies.

4.  Copies of this statement are being posted to shareholders and will be 
    available from the company's registered office at 642a Lea Bridge
    Road, Leyton, London, E10 6AP for the next 14 days.




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