Neteller's chief executive called 2007 a milestone for the company despite a $185.7 million loss on the year. The company emphasizes the successful completion of its massive multi-million dollar settlements with U.S. Department of Justice and wants to direct media and investors' attention elsewhere.
Total group revenue fell to $84 million from $257.3 a year ago, reflecting Neteller's exit from the U.S. market, but European operations grew 28 percent to $41.7 million and Asian operations grew 44 percent $11.4 million.
Neteller is signing up an average of 1,140 new account signups per day so far in 2008. Chief executive Ron Martin hopes to resume dividend payments within a year and analysts calculate more than $130 million be returned to shareholders in 2008.
The company's shares gained 0.75p, or 1.2 percent, to 63.00p on the day.