Verve Group SE Reports Strong Q4 2024 Financial Performance

Verve Group SE saw impressive growth in Q4 2024, with revenue surging 46% to €144.2 million, driven by organic growth of 24%. The company's adjusted EBITDA rose by 53% to €48.5 million, reflecting a profit margin improvement to 34%. Free cash flow significantly reduced their leverage ratio to 2.4x. Verve's customer base expanded, with a 57% increase in large software clients and a 33% rise in ad impressions. Full-year revenues reached €437 million, surpassing expectations.

For 2025, Verve plans to expand ID-less targeting, enhance operational focus, and boost free cash flow to further reduce net leverage. A 12% growth in mobile advertising in the U.S. is anticipated. The successful integration of Jun Group promises additional synergy benefits in 2025.