Tradedoubler Interim Report January – September 2022

Tradedoubler Interim Report January – September 2022

The third quarter July – September 2022

Total income amounted to SEK 389 M (317) a rise of 23% or 19% adjusted for modifications in alternate charges in comparison with the identical interval final 12 months.
Gross revenue was SEK 80 M (67) a rise of 20% or 16% adjusted for modifications in alternate charges. Gross margin was 20.6% (21.0). 
Operating prices excluding depreciation and adjusted for change associated objects have been SEK 62 M (52), a rise of 20% or 17% adjusted for modifications in alternate charges. 
EBITDA amounted to SEK 15 M (13). Adjusted for change associated objects, EBITDA was SEK 18 M (15).
Investments in immaterial belongings, primarily associated to product growth, have been SEK 7 M (7).
Cash circulate from working actions was SEK 9 M (15).
Earnings per share, earlier than and after dilution have been SEK 0.05 (0.00)

The interim interval January – September 2022

Total income amounted to SEK 1,176 M (1,007), which is a rise in comparison with the identical interval final 12 months by 17% or 13% adjusted for modifications in alternate charges.
Gross revenue was SEK 244 M (202) a rise of 21% and 17% adjusted for modifications in alternate charges. Gross margin excluding change associated objects was 20.8% (20.0).
Operating prices excluding depreciation and adjusted for change associated objects have been SEK 188 M (155), a rise of 21% or 18% adjusted for modifications in alternate charges. 
EBITDA amounted to SEK 53 M (43). Adjusted for change associated objects, EBITDA was SEK 56 M (47).
Investments in intangible belongings, primarily associated to product growth, have been SEK 23 M (22). 
Cash circulate from working actions was SEK 27 M (10) and the sum of money and curiosity-bearing monetary belongings was SEK 78 M (78) on the finish of the interval. Net money in finish of the interval was SEK -15 M (-37).
Earnings per share, earlier than and after dilution have been SEK 0.32 (0.34).
In the primary quarter, Tradedoubler acquired roughly 30% of the shares within the on-line video buying firm Onbaz, a Swedish startup know-how firm. The buy and partnership settlement signed with Onbaz will give the group entry to applied sciences that complement and prolong its present providing and merchandise throughout the rising market of influencer advertising.

CEO Matthias Stadelmeyer’s feedback

Tradedoubler´s enterprise continued to develop at comparable tempo as in latest quarters and it truly even accelerated a bit extra within the third quarter of 2022.

Total income in Q3 grew by 19%, gross revenue by 16% and EBITDA was SEK 18 M, all figures on foreign money adjusted comparability and with out change associated objects.

The causes for our good outcomes regardless of difficult macro-financial circumstances are Tradedoubler´s product portfolio and the experience, spirit and vitality of our groups within the markets.

Tradedoubler now affords a full suite of efficiency advertising options and know-how with online marketing because the core and the brand new choices of Metapic, Grow and Appiness which have grown considerably in the course of the 12 months.

With this product portfolio we’re capable of join our shoppers to related site visitors sources and develop their enterprise with our experience and keenness for creating significant outcomes. We win related new shoppers whereas shedding only a few. 

It is very pleasing to see good development charges in all Tradedoubler merchandise and in all areas. 

The enhance of operational bills in comparison with final 12 months is linked to investments in our product platform and into the expansion areas Metapic, Grow and Appiness.

In the approaching quarters we’ll proceed to additional construct on our market place and product portfolio. With these belongings we can proceed our mission to develop the enterprise of our shoppers and companions with significant outcomes for all stakeholders. We take pleasure in loads what we do and proceed our mission with ardour and braveness. I sit up for your continued firm on this journey.

Contact info

Matthias Stadelmeyer, President and CEO, phone +46 8 405 08 00   Viktor Wågström, CFO, phone +46 8 405 08 00   E-mail: [email protected]

Other info

This info is info that Tradedoubler AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Markets Act. The info was submitted for publication, by way of the company of the contact individuals set out above, at 08.00 CET on 3 November 2022. Numerical knowledge in brackets refers back to the corresponding durations in 2021 except in any other case said. Rounding off variations could come up. 

https://information.cision.com/tradedoubler/r/tradedoubler-interim-report-january—september-2022,c3660532
https://mb.cision.com/Main/2680/3660532/1647791.pdf
https://information.cision.com/tradedoubler/i/q3-2022-en,c3109970(c) 2022 Cision. All rights reserved., supply Press Releases – English

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