ad pepper media achieves record sales volume of EUR 50.6 million with EBITDA of EUR 6.35 million in 2007
Back to overviewNuremberg, Amsterdam, 31st of March 2008 – ad pepper media International N.V., announces that it has achieved a record-breaking sales volume of EUR 50.6 million in 2007 (2006: EUR 41.7 million). A strong fourth quarter contributed a significant share, totaling EUR 14.6 million (Q4 2006: EUR 11.5 million). The increased sales volume based on the entire year amounts to 21.4%, with a very impressive 26.9% being achieved in the fourth quarter. The gross margin for the recently ended fiscal year was EUR 24.2 million, compared to EUR 20.5 million the previous year (+18.0%).
An important factor, fueling the growth, was Webgains (ad pepper media’s affiliate platform), which successfully established itself as a strongly growing solution for online marketing. This was in addition to the acquisitions in 2007 of Emediate (ad serving provider) and ad agents (search engine marketing).
ad pepper media’s EBITDA (earnings before taxes, interest, depreciation and amortization) of EUR 6.35 million in 2007, represents the second-best results since the company’s founding (2006: EUR 7.80 million). This key figure includes payments in connection with the sale of minority stakes in Falk eSolutions and dMarc Broadcasting in the amount of approximately EUR 6.83 million (2006: EUR 8.43 million). Q4, traditionally the strongest quarter, had an impressive EBITDA of EUR 1.73 million (thereof income from investment: EUR 0.65 million).
Equity ratio rose to a solid 82.0% (2006: 76.9%). Liquid funds at the end of 2007 totaled EUR 17.6 million (2006: EUR 22.7 million).
The annual report will be published on 18th April 2008.
Key Figures for 2007 compared to 2006:
| 2007 FY | 2006 FY | Change | ||
| Turnover | KEUR | 50,624 | 41,692 | 21.4% |
| Gross margin | KEUR | 24,169 (47.7%) |
20,484 (49.1%) |
18.0% |
| Operating costs | KEUR | 20,394 | 14,664 | 39.1% |
| EBITDA | KEUR | 6,348 | 7,800 | -22.8% |
| EBIT | KEUR | 3,775 | 5,821 | -35.2% |
| EBT | KEUR | 4,369 | 6,508 | -32.5% |
| Net gain | KEUR | 2,587 | 5,313 | -51.3% |
| Earnings/share (undiluted) |
KEUR | 0.23 | 0.49 | -53.3% |
| Cash and cash equivalents |
KEUR | 17,550 | 22,678 | -22.6% |
| Shareholders equity | KEUR | 56,467 | 50,853 | 11.0% |
| Total assets | KEUR | 68,847 | 66,130 | 4.1% |
For further information:
Jens Körner (CFO)
ad pepper media International N.V.
Tel.: +49 (0) 911 929057-0
Fax: +49 (0) 911 929057-157
Email: ir@adpepper.com