The first quarter, January - March 2023
** Total revenue amounted to
** Gross profit was
** Operating costs excluding depreciation and adjusted for change related items were
** EBITDA amounted to
** Investments in immaterial assets, mainly related to product development, were
** Cash flow from operating activities was
** Earnings per share, before and after dilution were
Letter from the CEO
In the first quarter of 2023,
Regions & Products
We were able to continue the growth in Gross Profit in all
Across all our offerings of Affiliate Marketing, Metapic, Grow and the Campaigns business including Appiness and Cost-per-Lead campaigns we generated continued good growth rates matching the expectations for each product.
Margins
The increase of the Gross margin to 21,4% goes along-side the continued change in our product mix with the new products increasing their share of
The EBITDA margin has been stable at 5,3%. The increase in costs is solely related to investments into the new products and there especially into Metapic and product development itself.
Market
While the external market environment with high inflation, reduced consumer spendings and therefore increased challenges for our client´s continues, we do not see an effect on our business for the time being. While there are obvious larger shifts in how digital marketing strategies are planned and operated, our portfolio of performance marketing solutions seems to match the needs of our clients for results-focused marketing campaigns.
Our vision is to generate more revenue for our clients than any other partner and we receive encouraging signals from our clients that we are on a good way.
I want to thank our teams across all markets and units for their commitment to our strategy and their great contribution. I am amazed by the talent, the energy, and the dedication our colleagues put into the development of our business.
Contact information
E-mail: ir@tradedoubler.com
Other information
This information is information that
https://news.cision.com/tradedoubler/r/tradedoubler-quarterly-report-january---march-2023,c3764255
https://mb.cision.com/Main/2680/3764255/2034924.pdf
https://news.cision.com/tradedoubler/i/january---march-2023,c3175004
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