ad pepper media International N.V.

Earnings Release • Oct 20, 2025

News Details

Ad-hoc | 20 October 2025 07:51

ad pepper media International N.V.: Tripled revenue and record-high EBITDA in the third quarter of 2025

ad pepper media International N.V. / Key word(s): 9 Month figures/Preliminary Results

ad pepper media International N.V.: Tripled revenue and record-high EBITDA in the third quarter of 2025

20-Oct-2025 / 07:51 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.

The issuer is solely responsible for the content of this announcement.

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Nuremberg, Amsterdam, 20 October 2025

ad pepper Group, one of the leading performance marketing companies in Europe, generated revenue of EUR 16,969k in the third quarter (Q3 2024: EUR 5,224k), representing approximately a threefold increase. For the first time, revenue includes the full three-month contribution from the solute segment, amounting to EUR 11,582k (Q3 2024: n/a).

Group EBITDA for the third quarter also nearly tripled to EUR 1,284k (Q3 2024: EUR 485k), mainly due to the acquisition of solute. The segment EBITDAs for this period were as follows: solute generated EUR 971k (Q3 2024: n/a), Webgains achieved EUR 494k (Q3 2024: EUR 642k), and the ad agents and ad pepper segments generated a combined EBITDA of EUR 477k (Q3 2024: EUR 197k).

For the entire nine-month period, Group revenue amounted to EUR 35,060k (Q1–Q3 2024: EUR 15,624k) and EBITDA to EUR 2,153k (Q1–Q3 2024: EUR 1,192k).

Looking ahead to the traditionally strongest quarter of the year, the Group expects the dynamic upward trend in both revenue and profitability to continue, further accelerated by the recent acquisition of Checkout Charlie.

The liquidity reserve remained at a very high level of EUR 27,261k (Q3 2024: EUR 18,247k). There are still no liabilities to banks.

The report for the third quarter of 2025 will be published on 18 November 2025.

Key figures (unaudited) in EURk:

	Q3 2025	Q3 2024	Q1–Q3 2025	Q1–Q3 2024
Revenue	16,969	5,224	35,060	15,624
% growth	>100.0		>100.0
of which solute	11,582	n/a	19,231	n/a
% growth		n/a		n/a
of which Webgains	2,830	3,013	8,587	8,761
% growth	-6.1		-2.0
of which ad agents	1,560	1,738	5,028	5,301
% growth	-10.3		-5.2
of which ad pepper	998	473	2,213	1,562
% growth	>100.0		41.7
EBITDA	1,284	485	2,153	1,192
of which solute	971	n/a	1,913	n/a
of which Webgains	494	642	1,124	1,706
of which ad agents	107	159	487	613
of which ad pepper	370	38	537	111
of which admin	-660	-353	-1,909	-1,237
Liquid funds*			27,261	18,247

*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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20-Oct-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	ad pepper media International N.V.
	Frankenstrasse 146
	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:	2215234

End of Announcement	EQS News Service

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2215234  20-Oct-2025 CET/CEST