Ad Pepper Media International N.V., - ad pepper media International N.V.: ad agents and Webgains with double-digit growth
July 16, 2021 at 03:53 am EDT
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ad hoc Mitteilung
ad pepper media International N.V.: ad agents and Webgains with double-digit growth
Nuremberg, Amsterdam, 15 July 2021
ad pepper Group, one of the leading performance marketing providers in Europe, continues in the second quarter to achieve solid and profitable growth.
Gross sales increased by 11.0 percent to EUR 25,931k (Q2 2020: EUR 23,357k). Group revenue amounts to EUR 6,516k, corresponding to 6.5 percent growth (Q2 2020: EUR 6,116k). Main growth driver was the ad agents segment with a 18.7 percent increase in revenue to 1,914k (Q2 2020: EUR 1,612k). The Webgains segment also saw double-digit growth, with an increase of 15.9 percent to EUR 3,670k (Q2 2020: EUR 3,167k). The ad pepper segment recorded a decline in revenue of 30.3 percent to EUR 932k (Q2 2020: EUR 1,337k). While ad agents and Webgains were once again able to benefit from a dynamic revenue development with both existing and new customers, the revenue development in the ad pepper segment fell short of our own expectations due to subdued order activity on the part of major customers in the German market. We expect a moderate improvement here in the second half of the year.
Group EBITDA for the second quarter amounts to EUR 1,036k (Q2 2020: EUR 1,684k), while the previous year had seen a positive one-off effect of EUR 626k in the webgains segment. On a comparable basis, EBITDA thus remained on previous year`s level. The ad agents segment was able to increase its EBITDA to EUR 379k (Q2 2020: EUR 191k). The Webgains segment generated EBITDA of EUR 818k in the second quarter (Q2 2020: EUR 1,565k) Despite a decline in revenue, the ad pepper segment achieved a positive EBITDA of EUR 206k (Q2 2020: EUR 503k).
In the full six-month period, the ad pepper Group generated gross sales of EUR 54,039k (H1 2020: EUR 45,007k) and Group revenue of EUR 13,400k (H1 2020: EUR 11,957k), corresponding to increases of EUR 1,443k and 12.1 percent respectively. EBITDA reached EUR 2,342k in H1 2021 (H1 2020: EUR 2,804k). Cash and cash equivalents of the Group increased significantly to EUR 25,002k (30 June 2020: EUR 22,139k) - despite the share buyback programme completed in April.
For the third quarter ahead, we expect record revenue levels for the Group in the order of approximately EUR 7,000k, which would correspond to revenue growth of approximately 17 percent (Q3 2020: EUR 6,011k).
The report for the first six months 2021 will be published on 21 August 2021.
Key figures (unaudited) in kEUR:
Q2
2021
Q2
2020
H1
2021
H1
2020
Gross sales
25,931
23,357
54,039
45,007
% growth
11.0
20.1
Revenue
6,516
6,116
13,400
11,957
% growth
6.5
12.1
of which ad pepper
932
1,337
2,166
2,881
% growth
-30.3
-24.8
of which ad agents
1,914
1,612
3,676
3,151
% growth
18.7
16.7
of which Webgains
3,670
3,167
7,558
5,925
% growth
15.9
27.6
EBITDA
1,036
1,684
2,342
2,804
of which ad pepper
206
503
739
1,207
of which ad agents
379
191
628
309
of which Webgains
818
1,565
1,855
2,168
of which admin
-367
-575
-880
-880
Liquid funds*
25,002
22,139
*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
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ad pepper media International NV published this content on 15 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 July 2021 07:52:09 UTC.
Ad Pepper Media International NV is a Netherlands-based Company active in the advertising and marketing sector. The Company provides online services, strategies and solutions for interactive media, direct marketing and technology. Its activities are divided into three segments: ad pepper media, Webgains and ad agents. Display, performance, e-mail, affiliate and search-engine marketing, as well as semantic targeting and ad serving product groups cover the range of its online advertising formats. In addition to a regional, national and international marketing presence, Website partners receive a number of other products and services, such as branding, traffic analysis and performance optimization, provided by Ad Pepper Media International NV and its affiliated companies. As of December 31, 2011, the Company operated 17 subsidiaries, based in the Netherlands, Germany, Sweden, Denmark, the United Kingdom, France, Spain, the United States, Australia and Switzerland.