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AVG Reports Fourth Quarter And Fiscal Year 2012 Financial Results

Revenue for the fourth quarter of 2012 was $95.2 million, an increase of 28 percent over 2011
AMSTERDAM, Feb. 21, 2013 /PRNewswire/ -- AVG Technologies N.V. (NYSE: AVG) today

reported results for the fourth quarter and fiscal year ended December 31, 2012.

Revenue for the fourth quarter of 2012 was $95.2 million, compared with $74.3

million in the fourth quarter of 2011, an increase of 28%. Net income for

the fourth quarter of 2012 was $4.9 million, or $0.09 per diluted share, based

on 54.5 million weighted-average diluted shares outstanding. This compares with

a net loss of $0.03 per diluted ordinary share in the equivalent period last

year based on 36 million diluted ordinary shares. Net cash flow provided by

operations was $41.2 million in the fourth quarter, an increase of over 100

percent compared with $20.2 million for the same period last year.

User numbers were 146 million at December 31, 2012, an increase of 38 million or

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