Interim Results

ADVFN PLC
28 March 2006

Embargoed for release until 7.30 a.m. 28th March 2006


                                   ADVFN PLC
                           ('ADVFN' or 'the Company')


Unaudited Interim Results for the Six Months Ended 31 December 2005


ADVFN, Europe's leading stocks and shares website, today announces its unaudited
interim results for the six months ended 31 December 2005.


Highlights:


•    Turnover up 21% to £1.82M (2004 : £1.5M)

•    ADVFN user numbers up over 37% to 620K (2004 : 450K)

•    Total group user numbers up over 41% to 1.7M at the report date compared to
     1.2M at the annual report date of 10 October 2005

•    Growth in subscriber numbers accelerating since the period-end


Clem Chambers, Managing Director of ADVFN commented:


'ADVFN is experiencing an exciting phase of growth that promises much for 2006.
The six months up to the 31st of December 2005 has been another period of solid
progress. We have been investing heavily in calendar year 2005 and the results
reflect this and are the driver of current levels of growth. The ADVFN site's
revenue has remained consistent and growing, while CupidBay is now contributing
as its early monetization phase begins to gain traction. The potential for
CupidBay is most encouraging. Our international developments are moving on at a
good pace. We are in the advanced stages with the Japanese, Brazilian and German
sites, have launched the Italian site and the US and French sites are continuing
to grow. Traffic and subscription levels are at all time highs. We are confident
that the next 12 months will be particularly strong.'


ADVFN PLC


Chairman's Statement


The past 12 months have seen us continue to build and invest in the future of
the company. This has resulted in a 37% increase in users and a 21% increase in
turnover. We have done this by creating new versions of the ADVFN website aimed
at different world markets. We are the number one stocks and shares website in
the UK, and in fact Europe; a status which has been achieved solely by working
on an English version of the site. During the past 12 months we have created a
new part of ADVFN that is working to internationalise the site. We now have a
new ADVFN French site and an Italian site and also have Japanese, Brazilian and
German sites in test. This will give us the opportunity to bring ADVFN to a much
larger market; one that is not based around the English language.

During the year we also started ADVFN Japan our Joint Venture based in Tokyo.
This Joint Venture raised $5M in the local market to allow it to develop our
Japanese site which is in open Alpha testing and the feedback so far is very
positive. I hope that when launched we will see great interest as ADVFN is
unique in Japan. Working in Japan has allowed us to meet many exciting and
interesting people throughout Asia which could lead to similar ventures in other
parts of the continent.

In the UK we completed a platform revision which has increased the stability of
our service significantly. In fact, since the period end, one of our collocation
data centres caught fire but we were able to keep the site up and running using
one of our other collocation sites without any downtime. Building this type of
infrastructure is not only expensive it also takes time and the right people to
do it. I have always thanked our staff for their hard work in helping us to
create ADVFN but now we have moved beyond creating and into building a system
that is more stable and more flexible than we could have ever imagined when we
first started ADVFN and for that I would like to once again thank all our staff.

Adding more content to ADVFN has given our sales team more advertising inventory
to sell and that is exactly what they are doing with great success. We have a
great advertising sales team which has increased in size over the last 12
months. Their hard work coupled with the ever-increasing value of the ADVFN
brand has resulted in an advertising platform that is continuing to grow month
on month.  Many of our advertising slots/areas sell out some months in advance.
This is because our sales team work directly with the advertisers to make sure
we get the results they require, which means extremely high levels of customer
retention.

Since the year-end all the above has continued as you would expect but at an
increased pace. In February we announced the purchase of Equity Development Ltd
which is a valuable addition to the group. Equity Development produces very high
quality sponsored research notes on companies either already listed or those
wishing to come to the market. This research is used and very well respected
throughout the UK financial sector. I would like to take this opportunity to
welcome all of the Equity Development team to ADVFN and I am sure they will
enjoy being part of the group as we start to mix our ideas and plans with
theirs.


Michael J Hodges
Chairman
28th March 2006




Managing Director's Review


Operating Review

I am pleased to present a positive set of results which show a 21% increase in
turnover to £1.82M compared to the same period last year. This has been achieved
due to an increase in our user numbers of over 37% to 620,000 at the period end.

We have continued with our previous policy of introducing new stock markets and
other data to our site. Since our last results we have expanded our offerings to
include market data from several new countries.

Current Trading

Since the period end I am very pleased to report that our user base has
continued to expand further and the growth in user numbers has started to
accelerate more strongly.

We are continuing with negotiations for most of the remaining major stock
markets around the world and expect to bring more on-line in due course. We are
making solid progress in the United States and expect that trend to continue.
Our joint venture in Japan is progressing well and we plan to use this as a
blueprint in other territories.

During the period CupidBay has continued to expand its user numbers and is now
starting to generate meaningful revenue which we expect to become more
significant over the coming year. Fotothing has also expanded during the year
and increased its user base. We hope to move this business forward over the
coming year into a position where it can start to generate revenues for the
group.

ALL IPO has gained its FSA regulation and is running ahead of plan. It has
established itself as a solid and viable platform for new issues and is looking
to 2006 as the year that it builds its position in the City as a default fixture
for IPOs; with the recent news of more potential privatisations auguring well.

The expansion of our user base is not limited to just Advfn, and I am pleased to
report that our total group user numbers up are up in excess of 41% to 1.7M at
the report date compared to 1.2M at the annual report date of 10 October 2005.

Prospects

So far 2006 has been very positive and leads us to be very optimistic about the
prospects for the year ahead. Growth has accelerated since the new year which is
most encouraging. We will continue to execute on our plans, which long-term
shareholders will recognise as relatively unchanged over the last few years. We
believe these are now bearing fruit and that the coming period is very
promising.


Clem Chambers
Managing Director
28th March 2006




ADVFN PLC
Consolidated Profit and Loss Accounts
for the six months ended 31 December 2005


                                Six months ended  Six months ended    Year ended
                                31 December 2005  31 December 2004  30 June 2005
                                       Unaudited         Unaudited       Audited
                                           £'000             £'000         £'000

Turnover                                   1,816             1,503         3,303

Cost of sales                               (91)              (87)         (182)
                                      __________        __________    __________
Gross profit                               1,725             1,416         3,121

Administrative expenses
Exceptional item - impairment loss             -                 -       (1,027)
Other administrative expenses            (2,417)           (1,303)       (3,252)
                                      __________        __________    __________
Total administrative expenses            (2,417)           (1,303)       (4,279)
                                      __________        __________    __________
Operating (loss)/profit                    (692)               113       (1,158)

Share of operating losses of associates    (132)               (5)          (72)
Exceptional item : profit on sale of         723             2,239         2,202
subsidiary
                                      __________        __________    __________
                                           (101)             2,347           972

Net interest                                  21                 9            29
                                      __________        __________    __________
(Loss)/profit on ordinary activities
before taxation                             (80)             2,356         1,001

Tax on (loss)/profit on ordinary               -                 -            11
activities
                                      __________        __________    __________
(Loss)/profit on ordinary activities
after taxation                              (80)             2,356         1,012
                                      __________        __________    __________

(Loss)/earnings per ordinary share      (0.017p)             0.56p         0.23p


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




ADVFN PLC
Consolidated Balance Sheets
at 31 December 2005
                                         31 December   31 December       30 June
                                                2005          2004          2005
                                           Unaudited     Unaudited       Audited
                                               £'000         £'000         £'000

Fixed Assets
Intangible assets                                152           412           281
Tangible assets                                1,519         2,195         1,180
Investments                                    2,741         2,234         2,150
                                               4,412         4,841         3,611

Current Assets
Debtors                                          556           493           655
Investments                                       28             -            13
Cash at bank and in hand                       1,061         2,100         1,824
                                               1,645         2,593         2,492

Creditors: amounts falling due within one    (1,010)         (712)         (974)
year

Net current assets                               635         1,881         1,518

Total assets less current liabilities          5,047         6,722         5,129

Creditors: amounts falling due after one           -             -          (12)
year


Net assets                                     5,047         6,722         5,117


Capital and Reserves
Called up share capital                        4,621         4,609         4,618
Share premium account                          5,410         5,400         5,403
Profit and loss account                      (4,984)       (3,287)       (4,904)


Shareholders' funds - equity                   5,047         6,722         5,117




ADVFN PLC
Consolidated Cash Flow Statements
for the six months ended 31 December 2005

                                            Six months   Six months         Year 
                                                 ended        ended        ended
                                           31 December  31 December      30 June 
                                                  2005         2004         2005
                                             Unaudited    Unaudited      Audited
                                                 £'000        £'000        £'000

Net cash inflow from operating activities        (136)          717          951

Returns on investment and servicing of
finance
Interest received                                   21           10           48
Interest paid                                        -          (1)         (19)
                                                    21            9           29

Taxation                                             -            -          311

Capital expenditure
Payments to acquire tangible fixed assets        (636)      (1,152)      (1,666)
Payments to acquire investments                      -            -         (33)
                                                 (636)      (1,152)      (1,699)

Net cash outflow before financing                (751)        (426)        (719)

Financing
Issue of ordinary share capital                     10        2,117        2,139
Share issue costs                                    -        (121)        (121)
Capital element of finance leases repaid           (7)            -          (5)
Net cash inflow from financing                       3        1,996      (2,013)
                                                                       
(Decrease)/Increase in cash                      (748)        1,570        1,294




ADVFN PLC
Notes to the interim statement
for the six months ended 31 December 2005

1.   (Loss)/earnings per ordinary share

                                            Six months   Six months         Year 
                                                 ended        ended        ended
                                           31 December  31 December      30 June 
                                                  2005         2004         2005

(Loss)/profit for the period          £'000       (80)        2,356        1,012

Weighted average number of shares      '000    461,229      418,652      439,932

(Loss)/earnings per share                 P   (0.017p)        0.56p        0.23p


2.   The directors do not recommend the payment of a 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 2005 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 shortly and will 
     be available from the company's registered office at 642a Lea Bridge Road, 
     Leyton, London, E10 6AP.


                      This information is provided by RNS
            The company news service from the London Stock Exchange