Press release
Invibes Advertising exceeds targets by doubling organic revenues in 2021 to €23.3 million
Breakdown of consolidated revenues by quarter
Consolidated data unaudited, in K€. | 2021 | 2020 | Δ |
1st quarter | 3,445 | 1,710 | +101 % |
2nd quarter | 5,338 | 1,928 | +177 % |
3rd quarter | 5,096 | 2,838 | +80 % |
4th quarter | 9,382 | 5,054 | +86% |
YEARLY TOTAL | 23,261 | 11,530 | x2 |
In 2021,
Breakdown of consolidated revenues by country maturity
Consolidated data unaudited, in K€. | 2021 | 2020 | Δ |
Existing countries (1) | 17,840 | 10,504 | +70 % |
Scale-up (2) | 5,398 | 1,026 | x 5,2 |
New countries (start-up) (3) | 23 | - | na |
YEARLY TOTAL | 23,261 | 11,530 | x 2 |
(1)
(2)
(3)
These figures further validate
Although already performing strongly,
In addition, the new countries opened at the end of 2021 (
Positive profitability expected in 2021
Based on its experience of launching activities in more than 10 countries,
This increased visibility of its model allows the company to be confident in achieving a positive EBITDA for the fiscal year 2021.
Outlook
Over the next few years,
Invibes' growth strategy is centered around 6 major strategic levers:
- Acceleration of existing countries.
- The opening of new countries.
- Strengthening its technology platform.
- Deployment of technology services for its strategic clients.
- The launch of a 100% self-service platform dedicated to SMEs.
- The development of its subsidiary ML2Grow, which specialises in business services for Big Data and artificial intelligence projects.
This aggressive strategy will enable
Next publication: 2021 full-year results,
About Invibes Advertising
Invibes is inspired by social media advertising and develops its own technology to help brands better communicate with consumers. Its technology is optimised for delivery on a closed network of media groups, including Bertelsmann, Hearst, Unify,
Founded in 2011,
Find our latest press releases on:
https://www.invibes.com/uk/en/investors.html
Follow live the latest news from Invibes Advertising:
LinkedIn @Invibes Advertising Twitter @Invibes_adv
Financial & Corporate Contacts:
Invibes Advertising
Kris Vlaemynck, CFO
kris.vlaemynck@invibes.com
Listing Sponsor
rodolphe.ossola@atoutcapital.com
+33 (0)1 56 69 61 80
Group Investor Relations
Actifin
Alexandre Commerot
acommerot@actifin.fr
+33 (0)1 56 88 11 11
Financial Media Relations
Actifin
Jennifer Jullia
jjullia@actifin.fr
+33 (0)1 56 88 11 19
Attachment
- 2022 01 17 - PR -
Invibes Advertising - EN final
© OMX, source