Preliminary results

ADVFN PLC
11 October 2005


Embargoed for release until 7.30 a.m. Tuesday 11th October 2005

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


              Preliminary Results for the Year Ended 30 June 2005

ADVFN, Europe's number one stocks and shares website, today announces
preliminary results for the year ended 30 June 2005.


Highlights:

   • First full year's net profit of £1.01M (2004: £254K loss)


   • Net profit per ordinary share of 0.23p (2004: 0.06p loss)


   • EBITDA profits up 21% to £678K (2004: £560K)


   • ADVFN user numbers up 46% to over 540,000 (2004: 370,000)


   • Total user numbers across all group media properties up 159% to 960,000
    (2004: 370,000) and further increased to over 1,200,000 by the report date


   • Up to the report date we have added £5.5M of off-balance sheet
    shareholder value with ADVFN Japan and ALL IPO


Clement Chambers, Managing Director of ADVFN commented:

'The year to June 2005 has seen a transformation in ADVFN, which has now
achieved profitability as well as significantly increasing its product offerings
and other interests. I am pleased to be reporting a strong set of results with
record figures across profit, EBITDA, sales, traffic and customer acquisition.
We have also added significant value off balance sheet with the flotation of ALL
IPO, the creation of ADVFN Japan and the implied value of our new web
properties. Consequentially opportunities are becoming available to us across a
broad spectrum and we believe we are in a new phase of development which will
see ADVFN capitalise on its platforms and go from strength to strength over the
next 12 - 18 months.

The ADVFN properties, including Fotothing and CupidBay, are generating in excess
of one million registrations a year at current rates of customer acquisition and
recent corporate actions in the internet sector, which have seen many
significant transactions, suggest that ADVFN is positioned to add significant
shareholder value. With ADVFN's accelerating global presence and its successful
web property strategy I am excited about our prospects for the coming year.'

FOR FURTHER INFORMATION, PLEASE CONTACT:

ADVFN
Clement Chambers, Managing Director [e-mail]
Michael Hodges, Chairman [e-mail]
Francesca De Franco, PR [e-mail] 020 7070 0932


Chairman's Statement

I am very pleased to be able to announce our first full year's profit of £1.01M
compared to last year's restated loss of £254K.

If you have used the ADVFN website recently you may well have noticed the many
new features which have been added. Since June 2004 we have continued to expand
our world exchange offerings and have introduced data from a number of new
countries and markets including: Poland, South Africa, Sweden, Canada,
Switzerland, Singapore, Archipelago, GTIS Forex, Mexico, Chile, Australia,
Spain, Italy, India, Thailand, China, Indonesia and Japan. We have very recently
opened our new site ADVFNGold (www.advfngold.com), which is specifically
designed for gold and other metals and provides worldwide coverage of platinum,
silver, copper and diamond stocks. We are very excited with this as it is an
active and topical market

In our interim statement I mentioned that we were starting to look for possible
acquisitions. We recently purchased Fotothing (www.fotothing.com) - a photo
blogging site. Since joining the ADVFN group the site, which allows people to
upload their pictures for friends, family and online communities to see, has
expanded to over 35,000 and its rate of growth is increasing daily. This is not
the only acquisition we have looked at and I hope to be able to announce the
completion of a larger deal shortly.

Cupidbay (www.cupidbay.com), which was purchased in July 2004, has grown
strongly since it joined the group. It now has nearly 600,000 members from all
over the world up from 200,000 last December. It is also very encouraging to
note that at any point in the day thousands of people are actively using the
service.

We now own 48% of ALL IPO PLC (www.allipo.com) following the transaction
announced last November. The first stage in getting ALL IPO operational was to
receive approval from the FSA which we announced during August 2005. Its
business has now started, with ALL IPO successfully completing its first IPO
through the system. Although a small transaction, this allowed ALL IPO to prove
the concept and ensure all its systems were in place and working successfully.
ALL IPO has also recently received approval to passport its services into 11
European countries and, once established, I believe this will be a very active
part of the group.

ADVFN Japan was formed during the year and following the raising of Y501,000,000
for initial working capital, we now own just over 29% of the new business giving
a derived value of over £10M for the whole or £3M for our share. ADVFN Japan now
has a very impressive list of shareholders based in Japan and I hope this will
soon lead to some interesting announcements.

During the past year the staff at ADVFN has grown allowing us to develop more
and better products which I trust our users have been able to benefit from. I
would like to thank the whole ADVFN team for their hard work and effort.

Michael J Hodges
Chairman
10 October 2005



Managing Director's Review

Operating Review

Net profits after tax for the year were £1.01M compared to a loss last year of
£254K as restated on turnover up 12% at £3.3M. We also have our first full
year's earnings per share of 0.23p compared to last year's loss of 0.06p per
share. Our EBITDA has continued its growth up by 21% to £678K from last year's
£560K, as can be seen from the table below:

                                                                                             2005    2004
EBITDA - Earnings before interest, tax, depreciation, amortisation and exceptional items    £'000   £'000

Profit / (loss) before tax - per accounts                                                   1,001    (261)

Amortisation                                                                                  260     260
Depreciation                                                                                  621     573
Exceptional item - Impairment                                                               1,027       -
Exceptional item - profit on sale of subsidiary                                            (2,202)      -
Net interest                                                                                  (29)    (12)

EBITDA                                                                                        678     560

Our results have been helped by the exceptional profit gained on the sale of a
subsidiary in connection with the launch of ALL IPO PLC and have been partly
offset by the exceptional loss of £1.03M arising from an impairment review where
we have prudently decided to write off a significant amount of our website
development costs which leaves our balance sheet in good shape going forward.

These results are very encouraging, especially considering the continued
investment we have made in growing our platform and our brand across many more
international markets. We are also very pleased with the continuing growth in
our user numbers - up 46% from 370,000 at June 2004 to over 540,000 at June
2005.

During the year we have strengthened our platform and position as Europe's
leading stocks and shares website and are now also working to establish
ourselves in many new markets. We have a joint venture business firmly
established in Japan to exploit opportunities in the Japanese and Korean markets
and this business has already independently raised £2.5M to finance its future
growth. We are currently finalising a joint venture for the Brazilian market and
are in negotiations for similar ventures in other areas.

Current Trading

Since June our user base has continued to expand and has already grown from
540,000 to over 580,000.
Much of our turnover is long-term business, be it subscriptions or advertising.
This profile gives us a solid and dependable base on which to grow. Advertising
continues to perform well and subscriptions continue to develop along expected
lines. The company is at full strength and staffed to grow and many of our
overheads are focused on projects which will drive ADVFN forward in the coming
periods.

Prospects

It is pleasing to note that our performance is not a function of past
investments, but has been achieved against a background of record investment in
ADVFN's future. The past year has seen a significant investment of time, effort
and resources in ADVFN's future; both in expanding ADVFN's core offering and in
acquiring or creating additional properties and interests which are
complementary.

Our expectations are that we will continue to grow along the lines of past
performance and that we will increasingly stand to benefit from upside potential
from opportunities we are creating both in new content and market expansion.
While we are enjoying exciting developments, we continue to be careful
incrementalists and as such have no plans for any high cost forays into
uncharted territory.

We look forward to the next 12-18 months with optimism as we believe ADVFN is
now well placed to build upon the strong base it has created and expect it will
be a most eventful period for the company.


Clement Chambers
Managing Director
10 October 2005


Consolidated Profit and Loss Account
for the year ended 30 June 2005

                                          2005     2005       2004       2004
                                 Note    £'000    £'000      £'000      £'000
                                                               as         as
                                                          restated   restated

Turnover                                          3,303                 2,951

Cost of sales                                      (182)                 (128)

Gross profit                                      3,121                 2,823

Administrative expenses
Exceptional item - impairment           
loss                                    (1,027)                  -
Other administrative expenses           (3,252)             (3,144)
Total administrative expenses                    (4,279)               (3,144)

Operating loss                                   (1,158)                 (321)

Exceptional item: Profit on
disposal of                                       
subsidiary                                        2,202                     -

Share of operating losses of                        
associate                                           (72)                    -

Profit on sale of investments                         -                    48

                                                    972                  (273)

Net interest                                         29                    12

Profit/(loss) on ordinary
activities                                        
before taxation                                   1,001                  (261)

Tax on profit/(loss) on ordinary
activities                                           11                     7

Profit/(loss) on ordinary
activities                                        
after taxation                                    1,012                  (254)

Earnings/(loss) per ordinary        2
share
Basic                                              0.23p                (0.06p)
Fully diluted                                      0.22p                    -

All operations are continuing.



Statement of Total Recognised Gains and Losses

                                                                2005      2004
                                                               £'000     £'000

Profit/(loss) for the financial year                           1,012      (254)
Prior year adjustment                                           (273)        -
Total gains and losses recognised since last financial
statements                                                       728      (254)

Balance Sheets
at 30 June 2005

                                            Group   Company            Group and
                                                                       company
                                             2005      2005               2004
                                     Note   £'000     £'000              £'000
                                                                   as restated
Fixed assets
Intangible assets                             281       281                541
Tangible assets                             1,180       820              1,139
Investments                                 2,150        20                  -
                                            3,611     1,121              1,680
Current assets
Debtors                                       655     1,049                544
Investments                                    13        13                  -
Cash at bank and in hand                    1,824     1,790                530
                                            2,492     2,852              1,074
Creditors: amounts falling due
within one year                              (974)     (974)              (667)


Net current assets                          1,518     1,878                407

Total assets less current                  
liabilities                                 5,129     2,999              2,087

Creditors: amounts falling due after
one year                                      (12)      (12)                 -
                                            5,117     2,987              2,087

Capital and reserves
Called up share capital                     4,618     4,618              4,070
Share premium account                       5,403     5,403              3,933
Profit and loss account                     (4,904)  (7,034)            (5,916)

Shareholders' funds - equity            3   5,117     2,987              2,087


The financial statements were approved by the Board of Directors on 10 October
2005.



Consolidated Cash Flow Statement
for the year ended 30 June 2005

                                                             2005         2004
                                                   Notes    £'000        £'000
                                                                            as
                                                                      restated

Net cash inflow from operating activities              4      951          414

Returns on investment and servicing of finance
Interest received                                              48           13
Interest paid                                                 (19)          (1)
                                                               29           12

Taxation                                                        -          311

Capital expenditure
Payments to acquire tangible fixed assets                  (1,666)        (956)
Payments to acquire investments                               (33)           -
Proceeds from disposal of fixed asset investment                -          110
                                                           (1,699)        (846)

Net cash outflow before financing                            (719)        (109)

Financing
Issue of ordinary share capital                             2,139           18
Share issue costs                                            (121)           -
Capital element of finance leases and hire
purchase                                                       (5)           -
contracts repaid
Net cash inflow from financing                              2,013           18

Increase/(decrease) in cash                          5,6    1,294          (91)



Notes for the year ended 30 June 2005

1. General

The financial information herein does not constitute statutory accounts as
defined in section 240 of the Companies Act 1985.

The financial information has been extracted from the group's 2005 statutory
financial statements upon which the auditors reported on 10 October 2005. Their
opinion is unqualified and does not include any statement under section 237 of
the Companies Act 1985. The accounts have been prepared in accordance with
applicable accounting standards and under the historical cost convention.

Copies of the annual report are being posted to shareholders and copies will be
available from the company's registered office at 642a Lea Bridge Road, Leyton,
London, E10 6AP.

2. Earnings/(loss) per ordinary share

The calculation of the basic earnings or loss per share is based on the earnings
attributable to ordinary shareholders divided by the weighted average numbers of
shares in issue during the year.

The calculation of diluted earnings per share is based on the basic earnings per
share, adjusted to allow for the issue of shares and the post tax effect of
dividends and/or interest, on the assumed conversion of all dilutive options and
other dilutive potential ordinary shares.

Reconciliations of earnings and weighted average number of shares used in the
calculation are set out below.

                               2005                                2004
                               Number   Earnings                 Number     Loss
                                 of         per                      of      per
                   Profit    shares       share        Loss      shares    share  
                    £'000      '000          p        £'000        '000        p
                                                         as                   as
                                                   restated             restated

Profit/(loss) for
the year            1,012                            (254)
Weighted average
number of shares            439,932                            406,304
Basic
earnings/(loss)
per share                                0.23p                           (0.06p)


Number of shares
under option                 45,478                                 -
Number of shares
that would have
been issued at
average market              
value                       (20,096)                                -
Diluted
earning/(loss) per
share               1,012   465,314       0.22p      (254)  406,304      (0.06p)

3. Reconciliation of movements in shareholders' funds

                                        2005    2005         2004         2004
                                       £'000   £'000        £'000        £'000
                                                               as           as
                                                         restated     restated

Profit/(loss) for the financial year           1,012                      (254)
Net receipts from issues of shares             2,018                        18
Net increase/(decrease) in
shareholders' funds                            3,030                      (236)
Shareholders funds - a previously      
stated                                 2,360                2,421
Prior year adjustment                   (273)                 (98)
Shareholders' funds at 1 July 2004 -
as restated                                    2,087                     2,323
Shareholders' funds at 30 June 2005            5,117                     2,087



4. Reconciliation of operating loss to net cash inflow from operating activities

                                                        2005              2004
                                                       £'000             £'000
                                                                   as restated

Operating loss                                        (1,158)             (321)
Exceptional item - impairment loss                     1,027                 -
Amortisation                                             260               260
Depreciation                                             621               573
Increase in debtors                                     (100)             (138)
Increase in creditors                                    301                40
Net cash inflow from operating activities                951               414

5. Reconciliation of net cash flow to movement in net funds
                                                                  2005    2004
                                                                 £'000   £'000

Increase/(decrease) in cash for the year                         1,294     (91)
Inception of new finance leases and hire purchase agreements       (23)      -
Cash outflow from capital repayments of hire purchase agreements     5       -
Movement in net funds in the year                                1,276     (91)
Net funds at 1 July 2004                                           530     621
Net funds at 30 June 2005                                        1,806     530

6. Analysis of movements in net funds
                        At     Cash flow      Non-cash items                At
               1 July 2004                                        30 June 2005
                     £'000         £'000               £'000             £'000

Cash in hand
and at bank            530         1,294                   -             1,824
Finance leases
and hire
purchase
agreements               -             5                 (23)              (18)
                       530         1,299                 (23)            1,806






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