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from Ad Pepper Media International N.V. (isin : NL0000238145)

EQS-Adhoc: ad pepper media International N.V.:

EQS-Ad-hoc: ad pepper media International N.V. / Key word(s): Quarter Results/Preliminary Results
ad pepper media International N.V.:

21-Apr-2023 / 07:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


ad pepper media International N.V.: Revenue and EBITDA down on prior year

Nuremberg, Amsterdam, 21 April 2023

ad pepper Group, one of Europe’s leading performance marketing companies, recorded a 13.2 percent decline in revenue to EUR 5,099k in the first quarter of 2023 (Q1 2022: EUR 5,871k); EBITDA decreased to EUR -328k (Q1 2022: EUR 33k).

The ad pepper segment generated revenue of EUR 531k (-25.5 percent), while Webgains recorded a 12.5 percent decline in revenue to EUR 2,826k. At EUR 1,742k, the ad agents segment also reported a 9.6 percent lower revenue than in the first quarter of 2022.

Development of the segment EBITDAs was as follows: while ad pepper posted EUR 1k (Q1 2022: EUR 34k) and ad agents EUR -97k (Q1 2022: EUR 250k), thus remaining below the corresponding prior-year levels, Webgains generated an improved EBITDA compared to the previous year with EUR 189k (Q1 2022: EUR 133k).

The subdued start to the current financial year in the ad pepper and ad agents segments is primarily due to lower or postponed bookings on the part of our advertising partners. The Webgains segment, on the other hand, was able to cushion the restrained e-commerce sales in its UK home market by a reduction in personnel costs. We expect a slight improvement in the current quarter, but still see Group revenue below the prior-year level.

The report for the first quarter of 2023 will be published on 26 May 2023.

Key figures (unaudited) in EURk:

 Q1
2023
Q1
2022
Gross sales19,59323,215
% growth-15.6 
Revenue5,0995,871
% growth-13.2 
of which ad pepper531714
% growth-25.5 
of which ad agents1,7421,926
% growth-9.6 
of which Webgains2,8263,231
% growth-12.5 
EBITDA-32833
of which ad pepper134
of which ad agents-97250
of which Webgains189133
of which admin-421-384
Liquid funds*21,29720,480

* 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

 



End of Inside Information

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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:1613425

 
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1613425  21-Apr-2023 CET/CEST

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