ad pepper media International N.V. publishes preliminary 2019 financial results; EBITDA significantly exceeds guidanceBack to overview
Nürnberg, Amsterdam, February 3, 2020
ad pepper media, one of Europe’s leading performance marketing providers publishes its preliminary and unaudited results for the 2019 financial year: The company expects revenues of EUR 5,966k for the group in the fourth quarter, corresponding to a growth of 9.2 percent (Q4 2018: EUR 5,466k). The fourth-quarter EBITDA should come to EUR 1,355k corresponding to a year-on-year growth of 216.4 percent (Q4 2018: EUR 428k). The segment EBITDA figures are as follows: ad pepper should have generated EUR 266k (Q4 2018: EUR -17k), Webgains EUR 855k (Q4 2018: EUR 406k) and ad agents EUR 317k (Q4 2018: EUR -38k).
For the twelve month period as a whole, according to preliminary and unaudited results, the management of ad pepper media expects an overall revenue of EUR 21,787k, equivalent to a growth of 7.5 percent (2018: EUR 20,273k). It further expects that at EUR 3,512k, the twelve month EBITDA significantly surpassed the previous year`s (2018: EUR 1,354k), corresponding to a growth of 159.4 percent. The EBITDA achieved clearly not only significantly exceeds the previous year`s figure but also the guidance for the past financial year made in October 2019 (EBITDA in a range between EUR 2,750k and EUR 3,000k).
Based on the preliminary and unaudited figures, liquid funds as end of 2019 amount to EUR 25,229k (31.12.2018: EUR 20,507k).
The report on the financial year 2019 will be published on 26 March, 2020. The final numbers may differ from the figures presented in this release.
Key figures (unaudited) in EUR 000s:
|Q4 2019||Q4 2018||Q1-Q4 2019||Q1-Q4 2018|
|of which ad pepper media||1,356||1,139||5,505||5,109|
|of which ad agents||1,678||1,232||5,949||5,011|
|of which Webgains||2,932||3,095||10,333||10,153|
|of which ad pepper media||266||-17||2,039||1,616|
|of which ad agents||317||-38||811||40|
|of which Webgains||855||406||1,860||631|
|of which admin||-83||77||-1,197||-934|