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EQS-Ad-hoc: ad pepper media International N.V. / Key word(s): Quarter Results/Preliminary Results
ad pepper media International N.V. announces results for the first quarter of 2024
16-Apr-2024 / 13:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Nuremberg, Amsterdam, 16 April 2024
Today, ad pepper media International N.V., one of the leading European performance marketing companies, released its
results for the first quarter of 2024. The Group generated gross sales of EUR 20,772k (Q1 2023: EUR 19,593k) and
revenue of EUR 5,176k (Q1 2023: EUR 5,099k), corresponding to an increase of 6 percent and around 2 percent,
respectively.
The Webgains segment generated revenue of EUR 2,957k in the quarter under review (Q1 2023: EUR 2,826k), while ad agents
achieved revenue of EUR 1,756k (Q1 2023: EUR 1,742k) and the ad pepper segment reached EUR 463k (Q1 2023: EUR 531k).
Group EBITDA improved considerably in Q1 2024 to EUR 221k (Q1 2023: EUR -328k). The segment EBITDAs for the first
quarter of 2024 were as follows: Driven by revenue growth and a significantly reduced cost base, Webgains more than
tripled its EBITDA to EUR 631k (Q1 2023: EUR 189k). The performance of the ad agents segment was also very positive
with an EBITDA increase to EUR 191k (Q1 2023: EUR -97k). The ad pepper segment achieved EBITDA of EUR -13k (Q1 2023:
EUR 1k).
The report for first quarter of 2024 will be published on 24 May 2024.

Key figures (unaudited) in EURk:

Q1     Q1 
2024   2023 
Gross sales         20,772 19,593 
% growth               6.0 
Revenue              5,176  5,099 
% growth               1.5 
of which ad pepper     463    531 
% growth             -12.9 
of which ad agents   1,756  1,742 
% growth               0.8 
of which Webgains    2,957  2,826 
% growth               4.6 
EBITDA                 221   -328 
of which ad pepper     -13      1 
of which ad agents     191    -97 
of which Webgains      631    189 
of which admin        -589   -421 
Liquid funds*       22,537 21,297 

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*including securities at fair value

For more information:

Dr Jens Körner (CEO)

ad pepper media International N.V.

+49 (0) 911 929057-0

ir@adpepper.com End of Inside Information

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16-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

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Language:     English 
Company:      ad pepper media International N.V. 

Frankenstrasse 150 C
90461 Nuremberg
Germany

Phone:        +49 911 9290570 
Fax:          +49 911 929057-157 
E-mail:       ir@adpepper.com 
Internet:     www.adpeppergroup.com 
ISIN:         NL0000238145 
WKN:          940883 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1881701

End of Announcement EQS News Service
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1881701 16-Apr-2024 CET/CEST

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END) Dow Jones Newswires

April 16, 2024 07:20 ET (11:20 GMT)