ad pepper media International N.V. with good Q3 - raises EBITDA forecast againBack to overview
Nuremberg, Amsterdam, October 17, 2019 – ad pepper media, one of Europe’s leading performance marketing providers, generated revenue for the group of EUR 5,031k in the third quarter (Q3 2018: EUR 5,038k). Third-quarter EBITDA came to EUR 565k corresponding to year-on-year growth of 74.4 percent (Q3 2018: EUR 324k). The segment EBITDA figures are consistently positive: ad pepper generated EUR 384k (Q3 2018: EUR 623k), Webgains EUR 200k (Q3 2018: EUR 56k) and ad agents EUR 262k (Q3 2018: EUR -77k).
For the first nine month period as a whole, ad pepper media can report revenue of EUR 15,821k, equivalent to growth of 6.9 percent (Q1-Q3 2018: EUR 14,807k). At EUR 2,157k, nine month EBITDA was significantly ahead of the previous year (Q1-Q3 2018: EUR 926k).
Given the positive business performance, the Board of Directors of ad pepper media International N.V. expects the EBITDA for the 2019 financial year to be in a range between EUR 2,750k and EUR 3,000k (previous forecast: EUR 2,500k).
Liquid funds as end of Q3 2019 amount to EUR 21,619k (Q3 2018: EUR 18,835k) equivalent to around EUR 1.00 per share.
The report on the first nine months of 2019 will be published on November 19th, 2019.
Key figures (unaudited) in EUR 000s:
|Q3 2019||Q3 2018||Q1-Q3 2019||Q1-Q3 2018|
|of which ad pepper media||1,146||1,417||4,149||3,971|
|of which ad agents||1,573||1,136||4,271||3,778|
|of which Webgains||2,312||2,485||7,401||7,058|
|of which ad pepper media||384||623||1,773||1,633|
|of which ad agents||262||-77||494||78|
|of which Webgains||200||56||1,005||226|
|of which admin||-281||-279||-1,115||-1,011|