AD HOC News
Verve Achieves 45% Revenue and 45% EBITDA Growth in Q3 2024, Strong Free Cashflow Reduces Leverage Ratio to 2.6x, Jun Group Accelerates Organic Growth Post M&A
Verve Achieves 45% Revenue and 45% EBITDA Growth in Q3 2024, Strong Free Cashflow Reduces Leverage Ratio to 2.6x, Jun Group Accelerates Organic Growth Post M&A
Verve Today Announced that Paul Echt will Step Down from His Role as CFO as of December 31, 2024. Christian Duus, Former CFO of Adform, has been Appointed CFO, Effective January 1, 2025
Verve Today Announced that Paul Echt will Step Down from His Role as CFO as of December 31, 2024. Christian Duus, Former CFO of Adform, has been Appointed CFO, Effective January 1, 2025
Verve Group SE Invites Investors to the Presentation of its Interim Report Q3 2024 on November 28, 2024 at 10:30am CET
Verve Group SE will publish its Interim Report Q3 2024 on November 28, 2024 at 08:00 am CET and invites investors to the presentation of its Q3 2024 results by Remco Westermann (CEO) and Paul Echt (CFO) at 10:30 am CET the same day.
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%