on MGI - Media And Games Invest SE (isin : SE0018538068)
Verve Group SE Revises 2025 Outlook Amid Platform Challenges and Currency Fluctuations
Verve Group SE has adjusted its full-year outlook for 2025 due to platform unification challenges and currency effects. The company now projects net revenue between EUR 485–515 million, down from the previous EUR 530–565 million. Adjusted EBITDA is expected to fall to EUR 125–140 million from EUR 155–175 million.
The revision stems from technical complications in platform unification, affecting supply side marketplace activities. Delays in onboarding and various technical issues during this process impacted revenue intake. As a result, a negative effect of EUR 34 million on net revenues and EUR 19 million on adjusted EBITDA is anticipated.
Additionally, unfavorable USD/EUR exchange rates have led to a translation effect, reducing the full-year EBITDA outlook by approximately EUR 9 million. Despite these setbacks, the unification was completed in July, promising future platform improvements.
R. E.
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