Company Announcements

Nuremberg, Amsterdam, 14 October 2024

ad pepper Group, one of the leading performance marketing companies in Europe, generated gross sales of EUR 21,867k in the third quarter (Q3 2023: EUR 21,414k) and Group revenue of EUR 5,224k (Q3 2023: EUR 5,383k).

 

EBITDA improved significantly to EUR 485k (Q3 2023: EUR 101k) as a result of cost optimisation. The segment EBITDAs were as follows: Webgains generated EUR 642k (Q3 2023: EUR 724k), ad agents achieved an EBITDA of EUR 159k (Q3 2023: EUR 62k) and the ad pepper segment generated EUR 38k (Q3 2023: EUR 6k).

 

In the entire nine-month period, gross sales amounted to EUR 63,042k (Q1-Q3 2023: EUR 61,973k), while Group revenue amounted to EUR 15,624k (Q1-Q3 2023: EUR 15,881k). Q1-Q3 2024 EBITDA came out at EUR 1,192k (Q1-Q3 2023: EUR -345k).

 

The report for the third quarter of 2024 will be published on 19 November 2024.

 

Key figures (unaudited) in EURk:

 

	Q3 2024	Q3 2023	Q1-Q3 2024	Q1-Q3 2023
Gross sales	21,867	21,414	63,042	61,973
% growth	2.1		1.7
Revenue	5,224	5,383	15,624	15,881
% growth	-2.9		-1.6
of which ad pepper	473	690	1,562	1,831
% growth	-31.5		-14.7
of which ad agents	1,738	1,770	5,301	5,377
% growth	-1.8		-1.4
of which Webgains	3,013	2,923	8,761	8,673
% growth	3.1		1.0
EBITDA	485	101	1,192	-345
of which ad pepper	38	6	111	38
of which ad agents	159	62	613	37
of which Webgains	642	724	1,706	1,201
of which admin	-354	-690	-1,237	-1,620
Liquid funds*			18,247	19,343

*Including securities at fair value

 

 

 

 

For more information:

Dr Jens Körner (CEO)

ad pepper media International N.V.

+49 (0) 911 929057-0

ir@adpepper.com