ad pepper media International N.V. achieves record year 2025
Back to overviewad pepper media International N.V. achieves record year 2025
Nuremberg, Amsterdam, 17 February 2026
ad pepper media International N.V., one of the leading performance marketing companies in Europe, today announces its preliminary results for the fourth quarter of 2025. The Group generated revenue of EUR 21,897k (Q4 2024: EUR 5,827k). This includes revenue from discontinued operations of the divested ad agents segment, amounting to EUR 1,742k. The solute segment (including the newly consolidated company Checkout Charlie as of 1 October) contributed a total of EUR 15,814k to the Group’s fourth-quarter revenue. The Webgains segment generated quarterly revenue of EUR 3,257k (Q4 2024: EUR 3,594k), while ad pepper achieved revenue of EUR 1,084k (Q4 2024: EUR 533k).
In the fourth quarter, the Group achieved a total EBITDA of EUR 5,018k (Q4 2024: EUR 812k), including a gain on disposal of EUR 2,340k from the sale of the ad agents segment. Segment EBITDA figures from the continuing operations are as follows: solute (including Checkout Charlie) recorded EUR 2,338k, Webgains achieved EUR 848k in Q4 (Q4 2024: EUR 1,103k), and ad pepper reported EBITDA of EUR -90k (Q4 2024: EUR -384k).
For the full twelve-month period, the Group generated total revenue of EUR 56,957k (Q1–Q4 2024: EUR 21,450k), including the divested ad agents segment, with total EBITDA of EUR 7,171k (Q1–Q4 2024: EUR 2,003k). This represents the best result in the Group’s history.
Following the successful sale of ad agents, the Group plans to report on only two segments in the current financial year: solute and Webgains. The former ad pepper segment will now be included within Webgains for segment reporting purposes.
The liquidity reserve remains at a very high level of EUR 27,330k (31.12.2024: EUR 24,155k).
ad pepper media International N.V. is expected to publish the annual report for the 2025 financial year on 30 April 2026.
Key figures (unaudited) in EURk:
| Q4 2025 |
Q4 2024 |
Q1-Q4 2025 |
Q1-Q4 2024 |
|
| Gross-Sales* | 41,916 | 26,614 | 126,362 | 89,656 |
| % growth | 57.5 | 40.9 | ||
| Revenue* | 21,897 | 5,827 | 56,957 | 21,450 |
| % growth | >100.0 | >100.0 | ||
| of which from continuing operations | ||||
| solute | 15,814 | N/A | 35,045 | N/A |
| % growth | N/A | N/A | ||
| Webgains | 3,257 | 3,594 | 11,844 | 12,355 |
| % growth | -9.4 | -4.1 | ||
| ad pepper | 1,084 | 533 | 3,298 | 2,095 |
| % growth | >100.0 | 57.4 | ||
| of which from discontinued operations | ||||
| ad agents | 1,742 | 1,699 | 6,770 | 7,000 |
| % growth | 2.5 | -3.3 | ||
| EBITDA* | 5,018 | 812 | 7,171 | 2,003 |
| of which from continuing operations | ||||
| solute | 2,338 | N/A | 4,251 | N/A |
| Webgains | 848 | 1,103 | 1,972 | 2,808 |
| ad pepper | -90 | -384 | 448 | -273 |
| admin | -717 | -17 | -2,626 | -1,254 |
| of which from discontinued operations | ||||
| ad agents | 2,638** | 110 | 3,126** | 722 |
| Liquid funds | 27,330 | 24,155 |
* from continuing and discontinued operations
** incl. gain on disposal
For more information:
Dr Jens Körner (CEO)
ad pepper media International N.V.
ir@adpepper.com