Webgains, part of the ad pepper media group, is pleased to announce the annual results of the group.
- Revenue grows 24% to EUR 76 million
- All three segments on course for success
- EBITDA grows to over EUR 2 million
According to preliminary figures, ad pepper media group has achieved revenue growth of 24% for 2017. With around EUR 76 million in annual revenue and EBITDA of more than EUR 2 million, the financial year ended very successfully. This is the best operating result in the company’s history.
All three of the performance marketing group’s segments are on course for success. With an increase of around EUR 8 million, Webgains exceeded for the first time the important milestone of EUR 50 million and is a significant growth driver for the group. The full-service agency ad agents also recorded excellent growth of 45% to more than EUR 17 million. The ad pepper media segment grew strongly – the experts for lead generation and audience targeting grew 30% to almost EUR 7 million. The group remains debt-free – its liquid funds have again increased significantly to nearly EUR 23 million.
Dr Jens Körner, CEO of the ad pepper media group, looks ahead optimistically to the new financial year: ‘In 2017, we again achieved profitable growth. We put in a good end-of-year push and thus significantly exceeded our annual forecast. In the current year, we will continue to focus on growth and investment to further expand our market share and take another step towards our medium-term goal of EUR 100 million in revenue.’
About ad pepper media International N.V.
ad pepper media International N.V. is a leading international group of companies in innovative online marketing solutions. The group combines three reporting segments with different specialisations in the field of performance advertising: Webgains (affiliate marketing), ad pepper media (lead generation/audience targeting) and ad agents (full-service agency). The group employs 250 employees at seven international locations. ad pepper media International N.V. is active in more than 50 markets and supports customers such as Thalia.de, Microsoft, Nike, Milka and Volkswagen. The holding company was founded in 1999 and went public a year later in the Prime Standard segment of the Frankfurt Stock Exchange.