|
DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): 9 Month figures/Change in Forecast ad pepper media International N.V. reports leap in third quarter revenue and profitability; upward adjustment of full-year forecast Nuremberg, Amsterdam, 16 October 2020 ad pepper Group, one of the leading performance marketing providers in Europe, achieved highly profitable growth again in the third quarter. The affiliate marketing network Webgains continued to be the main growth driver with an increase in revenue of approx. 32 percent to EUR 3,056k (Q3 2019: EUR 2,312k). Revenue of the ad agents segment increased by approx. 9 percent to EUR 1,707k (Q3 2019: EUR 1,573k), while the ad pepper segment increased by approx. 9 percent to EUR 1,248k (Q3 2019: EUR 1,146k). Group revenue thus amounted to EUR 6,011k in the third quarter, with an increase of approx. 20 percent year-on-year (Q3 2019: EUR 5,031k). Gross sales (i.e. amounts invoiced to customers) amounted to EUR 23,152k (Q3 2019: EUR 18,834k). Operating expenses remained largely at the prior-year level, and as a result Group EBITDA of EUR 1,509k (Q3 2019: EUR 565k) almost tripled compared to the third quarter of the previous year. At segment level, Webgains generated EBITDA of EUR 894k (Q3 2019: EUR 200k), ad agents EUR 446k (Q3 2019: EUR 262k) and ad pepper EUR 497k (Q3 2019: EUR 384k). Over the entire nine-month period, gross sales amounted to EUR 68,159k (Q1-Q3 2019: EUR 59,658k), while group revenue came out to EUR 17,968k (Q1-Q3 2019: EUR 15,821k) with 14 percent growth. 9M EBITDA reached EUR 4,313k, which represents an increase compared to the prior-year period of 100 percent (Q1-Q3 2019: EUR 2,157k). This makes the ad pepper Group industry leader in terms of both growth and profitability. Liquid funds (including securities) amounted to EUR 24,300k (30.09.2019: EUR 21,619k). The Group still has no liabilities to banks. The Company expects a continued positive performance in the rest of the year, as the substantial increase in e-commerce activities since the beginning of the year will meet with the final quarter, which is traditionally the strongest of the year in terms of revenue. Moreover, this trend benefits from economies of scale, which already had a positive effect in previous quarters. The management has therefore raised its EBITDA forecast for the full year to at least EUR 5.5 million (previous forecast: EUR 4.5 million). The report on the first nine months of 2020 will be published on 17 November 2020. Key figures (unaudited) in EUR k:
*including securities at fair value For more information:
16-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | ad pepper media International N.V. |
| Frankenstrasse 150 C | |
| 90461 Nuremberg | |
| Germany | |
| Phone: | +49 911 9290570 |
| Fax: | +49 911 929057-157 |
| E-mail: | ir@adpepper.com |
| Internet: | www.adpeppergroup.com |
| ISIN: | NL0000238145 |
| WKN: | 940883 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1141360 |
| End of Announcement | DGAP News Service |
|
|
1141360 16-Oct-2020 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
