AD HOC News
Verve Group SE announces that the total number of shares of the company increases following the issuance of new shares to service parts of the employee stock option program
Verve Group SE announces that the total number of shares of the company increases following the issuance of new shares to service parts of the employee stock option program
Verve Publishes Bond Prospectus and Applies for Listing of the Bonds on Nasdaq Stockholm
3 September 2024 – Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) a fast-growing, profitable digital media company that provides AI-driven advertising-software solutions, has on 15 July 2024, as announced by the Company on 2 July 2024, issued subsequent bonds (the “Subsequent Bonds”) in an amount of EUR 65 million under the Company’s existing senior secured floating rate bond framework of a maximum EUR 300 million 2022/2026 with ISIN SE0018042277 (the “Bonds”) following a bookbuilding procedure to qualified investors.
Verve Publishes Interim Report Q2 2024 With Organic Revenue Growth of 26% and EBITDA Growth of 37%, Capital Markets Day starting 10:00 CEST
August 29, 2024 (08:00 CEST) – Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER, Inside Information) a fast-growing, profitable digital media company that provides AI-driven advertising-software solutions, publishes its Interim Report Q2 2024.
Verve Group SE: Agenda for Verve’s Capital Markets Day 2024
Stockholm, 13 August 2024: Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) is pleased to invite investors, analysts, and the media to its Capital Markets Day (“CMD”) on Thursday, August 29, 2024 at 10:00 am CEST in Stockholm.
Verve Achieves Organic Revenue Growth of 26% and EBITDA Growth of 37% in Q2 2024 – Increasing Guidance 2024 to 400-420 million revenues and 125-135 million adj. EBITDA
Disclosure of inside information according to Article 17 MAR of the Regulation (EU) No 596/2014 - August 12, 2024
Net Revenues increased by 27% to 96.6 (76.2) €m
• 26% fx adjusted Organic Revenue Growth (Q2’23: 1%)
• 33% increase in number of Software Clients to 851 (Q2’23: 642)
• 24% increase in Ad Impressions to 224 billion (Q2’23: 181 billion)
Adjusted EBITDA increased by 37% to 29.1 (21.3) €m
• Structurally improved EBITDA margin of 30% (Q2’23: 28%) due to growing operating leverage
• Adjusted Net Debt Leverage Ratio reduced to 2.8x (June 2023: 3.2x)
• Adj. Net result amounted to 8.8 (Q2’23: 4.0) €m, an increase of 122%
• Earnings per Share of 0.04 (Q2’23: 0.01) €, an increase of 308%
Verve Group SE: Closing of the Acquisition of Jun Group
Stockholm, 31 July 2024: Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) has concluded the closing of the acquisition of the mobile first digital advertising platform Jun Group. The acquisition is adding strong relationships with leading brands and media agencies in the United States and substantially strengthens the demand side business of Verve.
Verve Group SE: Invitation to Verve Group’s Capital Markets Day 2024
Stockholm, 04 July 2024: Verve Group SE (("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) is pleased to invite investors, analysts, and the media to its Capital Markets Day (“CMD”) on Thursday, August 29, 2024 at 10:00 am CEST.
Verve Appoints Alex Stil as Chief Commercial Officer to Lead the Strategic Expansion of its Demand-Side Business
Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER / M8G) is pleased to announce the appointment of Alex Stil as its new Chief Commercial Officer who will lead the expansion of the demand side business. Alex brings extensive experience in digital media, brand management and agency ecosystems, positioning him as a pivotal addition to Verve's leadership team.