Ad pepper media International N.V. expects revenue and EBITDA for Q4 2021 below last year
January 12, 2022 at 09:58 pm IST
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DGAP-Ad-hoc: ad pepper media International N.V. / Key word(s): Change in Forecast/Development of Sales
ad pepper media International N.V. expects revenue and EBITDA for Q4 2021 below last year
12-Jan-2022 / 17:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
ad pepper media International N.V. expects revenue and EBITDA for Q4 2021 below last year
Nuremberg, Amsterdam, 12 January 2022
ad pepper media International N.V., one of the leading performance marketing companies in Europe, expects the consolidated revenue and EBITDA of the group for the fourth quarter of 2021 to be below the level of the previous year. The reason for this is the poor revenue performance of the ad pepper segment continuing in the last quarter - despite a strong development of the ad agents segment - and Christmas sales for the Webgains segment falling short of last year's pandemic-related record highs.
Based on the preliminary sales figures, the management hence anticipates that the revenue forecast of up to EUR 8,000k for the fourth quarter of 2021 which was published on 19 October 2021 has to be adjusted to currently expected revenue in the amount of approx. EUR 7,000k (Q4 2020: EUR 7,648k). For the overall year, revenue in the amount of approx. EUR 27,400k are thus expected (2020: EUR 25,615k) which equals a growth rate of approx. 7 percent.
Considering the revenue development in the fourth quarter, the EBITDA will now approximately be between EUR 600k and EUR 800k (Q4 2020: EUR 2,246k). With respect to the entire twelve-months period of 2021, the management expects an EBITDA ranging from approx. EUR 4,200k to EUR 4,400k (2020: EUR 6,559k) which equals a decrease of approx. 33 to 35 percent compared to the previous year but is still considerably higher than the level before the pandemic (2019: EUR 3,512k).
ad pepper media international N.V. is expected to publish the unaudited figures for the 2021 financial year in early February 2022. The annual report for the 2021 financial year will be published on 29 March 2022.
For more information:
Dr Jens Körner (CEO)
ad pepper media International N.V.
+49 (0) 911 929057-0 ir@adpepper.com
12-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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
Ad Pepper Media International NV is a Netherlands-based Company active in the advertising and marketing sector. The Company provides online services, strategies and solutions for interactive media, direct marketing and technology. Its activities are divided into three segments: ad pepper media, Webgains and ad agents. Display, performance, e-mail, affiliate and search-engine marketing, as well as semantic targeting and ad serving product groups cover the range of its online advertising formats. In addition to a regional, national and international marketing presence, Website partners receive a number of other products and services, such as branding, traffic analysis and performance optimization, provided by Ad Pepper Media International NV and its affiliated companies. As of December 31, 2011, the Company operated 17 subsidiaries, based in the Netherlands, Germany, Sweden, Denmark, the United Kingdom, France, Spain, the United States, Australia and Switzerland.