View ValuationVerve Group 将来の成長Future 基準チェック /46Verve Group利益と収益がそれぞれ年間35.7%と10.9%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に11.9% 36.4%なると予測されています。主要情報35.7%収益成長率36.43%EPS成長率Media 収益成長29.2%収益成長率10.9%将来の株主資本利益率11.85%アナリストカバレッジGood最終更新日20 May 2026今後の成長に関する最新情報お知らせ • Jan 27Verve Group SE Provides Earnings Guidance for 2026Verve Group SE provided earnings guidance for 2026. On a conservative basis, the company expects revenue for fiscal year 2026 in a range of EUR 680 million to EUR 730 million.Price Target Changed • Dec 30Price target decreased by 18% to €5.05Down from €6.18, the current price target is an average from 4 analysts. New target price is 186% above last closing price of €1.76. Stock is down 44% over the past year. The company posted earnings per share of €0.17 last year.お知らせ • May 28+ 1 more updateVerve Group SE Provides Earnings Guidance for the Financial Year 2025Verve Group SE provided earnings guidance for the financial year 2025. For the year, the company expects €530 million to €565 million in revenues, reflecting an YoY increase of 21% to 29% (2024: €437 million).お知らせ • Apr 08Verve Group SE Provides Earnings Guidance for the Year 2025Verve Group SE provided earnings guidance for the year 2025. For the year, the company expects revenue CAGR of 25% to 30% and expect meaningful double-digit organic growth for 2025.Price Target Changed • Sep 15Price target increased by 12% to €4.49Up from €4.02, the current price target is an average from 6 analysts. New target price is 37% above last closing price of €3.27. Stock is up 188% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.29 last year.Price Target Changed • Jun 24Price target increased by 15% to €3.63Up from €3.15, the current price target is an average from 5 analysts. New target price is 121% above last closing price of €1.64. Stock is up 78% over the past year. The company is forecast to post earnings per share of €0.092 for next year compared to €0.29 last year.すべての更新を表示Recent updatesお知らせ • Apr 01Verve Group SE, Annual General Meeting, Jun 05, 2026Verve Group SE, Annual General Meeting, Jun 05, 2026.お知らせ • Jan 27Verve Group SE Provides Earnings Guidance for 2026Verve Group SE provided earnings guidance for 2026. On a conservative basis, the company expects revenue for fiscal year 2026 in a range of EUR 680 million to EUR 730 million.お知らせ • Jan 24Verve Group SE unveils Verve for Advertisers, Its New Unified Brand for Its Activities with Brands and AdvertisersVerve Group SE unveiled Verve For Advertisers, its new unified brand for its activities with brands and advertisers. Verve brings together the company's brand and agency capabilities by combining the strengths of Jun Group and Captify into a single, powerful branded offering in the US market. Due to the strong brand recognition Captify has built locally, Captify UK and Australia will continue to operate as Captify in those markets. With the launch of Verve For Ad advertisers, Verve is further consolidating its strategy for brands and advertisers, uniting its omnichannel ad solutions under one advertiser-facing brand. At its core, Verve For Advertisers combines Verve's proprietary data assets with AI-driven decisioning technology to empower brands and agencies to achieve stronger, more measurable outcomes across the marketing funnel.Price Target Changed • Dec 30Price target decreased by 18% to €5.05Down from €6.18, the current price target is an average from 4 analysts. New target price is 186% above last closing price of €1.76. Stock is down 44% over the past year. The company posted earnings per share of €0.17 last year.お知らせ • Dec 22+ 3 more updatesVerve Group SE to Report Fiscal Year 2025 Results on Mar 31, 2026Verve Group SE announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Mar 31, 2026お知らせ • Sep 19Verve Group SE (XTRA:M8G) agreed to acquire an unknown majority stake in Captify Technologies Ltd. for €25.6 million.Verve Group SE (XTRA:M8G) agreed to acquire an unknown majority stake in Captify Technologies Ltd. for €25.6 million on September 17, 2025. The transaction is structured with a €16.2 million cash consideration within 6 weeks of closing, and an additional deferred cash consideration of €9.4 million 18 months after closing. The total purchase price of €25.6 million reflects an EBITDA multiple of about 7x before synergies, respectively about 5x after synergies. Captify’s team will be integrated into Verve’s commercial brand and agency, technology and product teams, leading to substantial revenue and cost synergies of about €1.6 million per year. Mike Welch will step down from his role as Chief Executive Officer of Captify and will assume the role of a strategic advisor. Davis & Gilbert acted as legal advisor for Verve Group SE. Bristows LLP acted as legal advisor for Verve Group SE. Houlihan Lokey UK Limited acted as financial advisor for Captify Technologies Ltd. Squire Sanders LLP acted as legal advisor for Captify Technologies Ltd.分析記事 • Sep 17Weekly Picks: 🚖 A super-app quietly consolidating an entire region and 2 more picksThis week’s picks cover: Why ADUS HomeCare is a high quality name with defensive revenues worth watching, why near term skepticism on Verve Group may be overdone, and how Grab's network effects could allow it to dominate South East Asia as a super-app.お知らせ • Sep 17Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million.Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million on September 16, 2025. The total purchase price of €24.5 million reflects an EBITDA multiple of about 6 x EBITDA before synergies, respectively about 4 x EBITDA after synergies. Given the technological setup of Acardo, the seamless integration of the company’s technology under the existing management structure will not lead to the requirement of a technological integration. The transaction is structured with a €17.2 million cash consideration at closing as well as an additional €7.3 million differed cash consideration 12 months after closing. Vectron Systems AG will receive a purchase price of €24.5 million plus cash holdings and other purchase price adjustments from the sale. It should be noted that various payments are to be made by Vectron from the purchase price. These mainly relate to earn-out claims and seller loans from the former shareholders of acardo group AG, as well as an intercompany loan from acardo group AG to Vectron Systems AG. The expected completion of the transaction is October 1, 2025.新しいナラティブ • Aug 17Verve Group to Surge with 51.61% Revenue GrowthVerve Group faces near-term skepticism following its FY25 Q2 report, which included a downward revision to full-year revenue guidance. But beneath the short-term noise lies a company undergoing a strategic inflection — one that positions it to capture outsized value in the post-cookie, privacy-first advertising economy.お知らせ • Jul 18Verve Group SE Announces Executive Changes, Effective by 30 July, 2025Verve Group SE announced key additions and transitions within its executive leadership team. The company announced appointment of Mishel Alon – Chief Business Officer (CBO). Focus on demand side, DSP and Brand and Agencies commerce and operations; (previously CEO of Verve’s latest acquisition Jun Group). Prasanna Prasad – Chief Technology Officer (CTO)- Focus on engineering, platforms, infrastructure, data and AI for the Group; (previously CTO supply side); David Philippson – Chief Product Officer (CPO)-Focus on product development and innovation for the Group; (previously Founder and CEO of Verve’s DSP Dataseat). Alex Stil – Chief Strategy Officer (CSO)- Focus on corporate strategy, strategic cooperations, integrations and marketing. After nearly 15 years with the company, Jens Knauber, current COO of Verve Group and responsible for Verve’s O&O business, will step down as COO of Verve and CEO of gamigo. The changes of the executive team have been decided by the board and will be implemented by 30 July.お知らせ • Jun 18Verve Group SE has completed a Follow-on Equity Offering in the amount of SEK 360.024 million.Verve Group SE has completed a Follow-on Equity Offering in the amount of SEK 360.024 million. Security Name: A Shares Security Type: Common Stock Securities Offered: 12,858,000 Price\Range: SEK 28 Transaction Features: Subsequent Direct Listingお知らせ • Jun 11Verve Group SE Elects Alexander Doll as New Member of the Board of DirectorsVerve Group SE at its annual general meeting held on 11 June 2025, elected Alexander Doll as a new member of the board of directors for the period until the close of the annual general meeting 2026.お知らせ • May 28+ 1 more updateVerve Group SE Provides Earnings Guidance for the Financial Year 2025Verve Group SE provided earnings guidance for the financial year 2025. For the year, the company expects €530 million to €565 million in revenues, reflecting an YoY increase of 21% to 29% (2024: €437 million).お知らせ • May 10Verve Group SE, Annual General Meeting, Jun 11, 2025Verve Group SE, Annual General Meeting, Jun 11, 2025, at 09:30 W. Europe Standard Time. Location: at the premises of gernandt & danielsson, hamngatan 2, stockholm Swedenお知らせ • Apr 08Verve Group SE Provides Earnings Guidance for the Year 2025Verve Group SE provided earnings guidance for the year 2025. For the year, the company expects revenue CAGR of 25% to 30% and expect meaningful double-digit organic growth for 2025.お知らせ • Feb 11Verve Group SE to Report Q3, 2025 Results on Nov 18, 2025Verve Group SE announced that they will report Q3, 2025 results on Nov 18, 2025お知らせ • Nov 28Verve Group SE Announces CFO ChangesVerve Group SE announced that Paul Echt will step down from his role as CFO as of December 31, 2024. Christian Duus, former CFO of Adform, has been appointed CFO, effective January 1, 2025. Christian Duus is an experienced CFO, who has worked in the ad-tech sector as CFO of Adform and previously as a management consultant for Bain & Company. He will begin his role on January 1, 2025. Paul Echt will remain in an advisory role within Verve during the first half of 2025 to ensure a smooth transition to the new CFO. Paul will advise on audit-related matters and the potential refinancing of the outstanding debt at significantly improved terms during the transition. During his time as CFO, Paul enabled, through his financing expertise, essential investments and practiced robust financial discipline, which together helped the company grow its revenues by more than tenfold while increasing its profits by more than twentyfold. Before joining Verve, Christian Duus was with Adform, where he first held the role of Senior Vice President of Corporate Development and Commercial Operations from 2015 until he took over as CFO in 2019. He brings more than 20 years of experience in international strategy formulation, business development, financial analysis, and operational execution. Prior to Adform, Christian worked for many years in management consulting for Bain & Company and held executive business development positions with publicly listed companies GN Store Nord and North Media. Christian is based in Stockholm and holds a master’s degree in business administration, finance, and accounting from Copenhagen Business School.Valuation Update With 7 Day Price Move • Oct 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €2.71, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Media industry in Germany. Total loss to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €3.67, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Media industry in Germany. Total loss to shareholders of 32% over the past three years.Price Target Changed • Sep 15Price target increased by 12% to €4.49Up from €4.02, the current price target is an average from 6 analysts. New target price is 37% above last closing price of €3.27. Stock is up 188% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.29 last year.Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: €0.038 (vs €0.011 in 2Q 2023)Second quarter 2024 results: EPS: €0.038 (up from €0.011 in 2Q 2023). Revenue: €103.3m (up 25% from 2Q 2023). Net income: €6.26m (up 259% from 2Q 2023). Profit margin: 6.1% (up from 2.1% in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.お知らせ • Aug 29+ 2 more updatesVerve Group SE to Report Q2, 2025 Results on Aug 14, 2025Verve Group SE announced that they will report Q2, 2025 results on Aug 14, 2025Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.03, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.64, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Media industry in Germany. Total loss to shareholders of 54% over the past three years.お知らせ • Jul 04Verve Group Se Appoints Alex Stil as Chief Commercial OfficerVerve Group SE announced the appointment of Alex Stil as its new Chief Commercial Officer who will lead the expansion of the demand side business. Alex brings extensive experience in digital media, brand management and agency ecosystems, positioning him as a pivotal addition to Verve's leadership team. Alex's career spans as a serial digital entrepreneur and a results-driven business leader, with notable achievements in digital media and ad technology. At GroupM, as President of GroupM Services EMEA, he managed 2,500+ people and led digital activation across 40 markets for brands such as Unilever, Nike, Google, Ford and Vodafone, achieving amongst others significant 40%+ growth in billings in a challenging Covid19 period. His leadership in transforming large-scale organizations and fostering enterprise-scale services will be instrumental in advancing Verve's demand-side business, particularly following the recent acquisition of Jun Group, which significantly expanded Verve's demand-side capabilities. Alex's responsibilities include streamlining Verve's product portfolio by managing the company's DSP, unique supply and data, curated deals, cookie less solutions, and creative services. In line with our mission ‘let’s make media better’ Alex will focus on delivering clear and consistent solutions tailored specifically for agencies and brands, thereby enabling better advertising outcomes. Next to product enhancement, Alex will also prioritize enhancing client experiences to foster long-term loyalty and maximize client satisfaction. This involves refining onboarding processes, improving customer support, and implementing proactive engagement strategies. Furthermore, Alex will spearhead initiatives to expand Verve's market presence, including identifying new markets, nurturing high-value prospects, and boosting brand visibility.Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Greg Coleman was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.94, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 65% over the past three years.Price Target Changed • Jun 24Price target increased by 15% to €3.63Up from €3.15, the current price target is an average from 5 analysts. New target price is 121% above last closing price of €1.64. Stock is up 78% over the past year. The company is forecast to post earnings per share of €0.092 for next year compared to €0.29 last year.Recent Insider Transactions • Jun 23CEO & Director recently bought €1.9m worth of stockOn the 19th of June, Remco Westermann bought around 1m shares on-market at roughly €1.49 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €3.1m worth in shares.New Risk • Jun 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding).お知らせ • Jun 19+ 1 more updateVerve Group SE has completed a Follow-on Equity Offering in the amount of SEK 450.000004 million.Verve Group SE has completed a Follow-on Equity Offering in the amount of SEK 450.000004 million. Security Name: Ordinary A Shares Security Type: Common Stock Securities Offered: 27,108,434 Price\Range: SEK 16.6 Transaction Features: Subsequent Direct Listingお知らせ • Jun 14MGI - Media and Games Invest SE Approves Board AppointmentsMGI - Media and Games Invest SE at its AGM held on June 13, 2024, elected Greg Coleman and Peter Huijboom as new members of the board of directors for the period until the close of the annual general meeting 2025.Price Target Changed • May 09Price target increased by 9.1% to €3.10Up from €2.84, the current price target is an average from 5 analysts. New target price is 79% above last closing price of €1.74. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.088 for next year compared to €0.29 last year.お知らせ • May 08MGI - Media and Games Invest Se Provides Earnings Guidance for 2024MGI - Media and Games Invest SE provided earnings guidance for 2024. For the year, company expects Revenue to be €350 million - €370 million.Reported Earnings • May 07First quarter 2024 earnings released: EPS: €0.004 (vs €0.005 in 1Q 2023)First quarter 2024 results: EPS: €0.004 (down from €0.005 in 1Q 2023). Revenue: €90.2m (up 19% from 1Q 2023). Net income: €603.0k (down 27% from 1Q 2023). Profit margin: 0.7% (down from 1.1% in 1Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.83, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.54 per share.お知らせ • Apr 30MGI - Media and Games Invest SE Releases On-Device Targeting-AI ATOM 3.0 to 10,000+ AppsMGI - Media and Games Invest SE announced the release of ATOM 3.0, an industry-first on-device targeting solution for iOS that gives mobile marketers the ability to meaningfully predict the traits of anonymous users in a privacy compliant manner, providing a significant competitive advantage in an ecosystem where 75% of iOS users opt out of tracking, with a similar trend predicted on Android. By utilizing cutting-edge on-device AI technology, ATOM processes mobile device signals and real-world context to predict user traits and classify them into cohorts, providing advertisers with the tools needed to deliver highly personalized advertising experiences while ensuring full compliance with privacy regulations. Originally launched in 2021, ATOM 3.0 is now seamlessly integrated with MGI's HyBid SDK. The HyBid SDK provides advertisers with access to over 1.5 billion users across more than 10,000 apps worldwide. This unparalleled scale makes ATOM 3.0 the only currently available scalable solution for targeting ID-less users on mobile, ensuring that advertisers and publishers can maintain addressability and engagement with their audience while respecting user choice. To foster widespread adoption and maximize its impact across the digital advertising ecosystem, ATOM 3.0 will be made available for free for publishers and advertisers at the start, whereas based on substantially improved targeting possibilities, higher CPM's will be achieved. By analyzing a wide array of device signals and real-world contexts, such as app usage pattern, session duration, session depth, gestures, screen brightness and more, ATOM 3.0's sophisticated on-device machine learning models offer cohorts spanning across 10 key categories, including Behavioral, Demographic, Mobility, attention, Engagement, and also can classify users into special cohorts like "Tech Enthusiasts", "Active Gamers", "Health and Fitness Advocates", and "Frequent Shoppers" without user data ever leaving the device. Ad requests can be enriched with the cohorts to help advertisers make better decisions when IDs are available. This method provides advertisers with the tools needed to delivering highly personalized advertising experiences while ensuring fully compliance with privacy regulations, as no personal identifying information is transferred to third parties. As the digital advertising ecosystem grapples with the disappearance of traditional identifiers, the integration of ATOM 3.0 into MGI's Hybid SDK emerges as the only currently available scalable solution designed to future-proof advertising strategies against evolving privacy regulations and shifting consumer expectations.Reported Earnings • Apr 21Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €0.29 (up from €0.13 loss in FY 2022). Revenue: €347.9m (down 1.5% from FY 2022). Net income: €46.7m (up €67.0m from FY 2022). Profit margin: 13% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €1.86, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 55% over the past three years.Price Target Changed • Mar 26Price target increased by 7.4% to €2.84Up from €2.65, the current price target is an average from 4 analysts. New target price is 92% above last closing price of €1.48. Stock is up 22% over the past year. The company is forecast to post earnings per share of €0.077 for next year compared to €0.29 last year.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €1.45, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 58% over the past three years.Recent Insider Transactions • Mar 15Independent Director recently sold €50k worth of stockOn the 13th of March, Elizabeth Para sold around 36k shares on-market at roughly €1.40 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.6m more than they sold in the last 12 months.Price Target Changed • Mar 08Price target increased by 8.0% to €2.76Up from €2.56, the current price target is an average from 5 analysts. New target price is 99% above last closing price of €1.39. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of €0.082 for next year compared to €0.29 last year.Reported Earnings • Mar 03Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €0.29 (up from €0.13 loss in FY 2022). Revenue: €419.4m (up 19% from FY 2022). Net income: €46.7m (up €67.0m from FY 2022). Profit margin: 11% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.13, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 68% over the past three years.Recent Insider Transactions • Dec 18CEO & Director recently bought €139k worth of stockOn the 12th of December, Remco Westermann bought around 155k shares on-market at roughly €0.90 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €188k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.8m worth in shares.New Risk • Dec 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: €0.25 (vs €0.02 in 3Q 2022)Third quarter 2023 results: EPS: €0.25 (up from €0.02 in 3Q 2022). Revenue: €149.1m (up 56% from 3Q 2022). Net income: €39.3m (up €36.1m from 3Q 2022). Profit margin: 26% (up from 3.3% in 3Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Nov 30+ 4 more updatesMGI - Media and Games Invest SE, Annual General Meeting, Jun 13, 2024MGI - Media and Games Invest SE, Annual General Meeting, Jun 13, 2024.Recent Insider Transactions • Oct 30CEO & Director recently bought €80k worth of stockOn the 26th of October, Remco Westermann bought around 99k shares on-market at roughly €0.81 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €98k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.5m worth in shares.お知らせ • Oct 28MGI - Media and Games Invest SE Announces Appointment of Nomination CommitteeMGI - Media and Games Invest SE announced that the members of the Nomination Committee have been appointed. The Nomination Committee for the 2024 Annual General Meeting consists of the following members: Tobias M. Weitzel, chairman of the board. Dr. Gabriel Recnik, appointed by Bodhivas GmbH holding 27.1% of the shares and votes on August 31, 2023. Hermann Dambach, appointed by Oaktree Capital Management holding 17.7% of the shares and votes on August 31, 2023. Anthony Gordon, appointed by and representing a group of shareholders (acting in concert) holding 8.4% of the shares and votes on August 31, 2023 and consisting of: Trend Finanzanalysen GmbH, Smile Autovermietung GmbH, T.E.L.L. Verwaltungs GmbH, Dawn Fitzpatrick, Sebastian Krüper, Anthony Gordon, and other private shareholders.Recent Insider Transactions • Oct 12CEO & Director recently bought €2.0m worth of stockOn the 9th of October, Remco Westermann bought around 42k shares on-market at roughly €48.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €3.4m worth in shares.Recent Insider Transactions • Sep 27CEO & Director recently bought €98k worth of stockOn the 21st of September, Remco Westermann bought around 86k shares on-market at roughly €1.14 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.4m worth in shares.Recent Insider Transactions • Sep 17CEO & Director recently bought €54k worth of stockOn the 13th of September, Remco Westermann bought around 50k shares on-market at roughly €1.08 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.Price Target Changed • Sep 11Price target decreased by 12% to €3.08Down from €3.49, the current price target is an average from 5 analysts. New target price is 163% above last closing price of €1.17. Stock is down 41% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.13 last year.お知らせ • Sep 02MGI - Media and Games Invest SE Provides Financial Guidance for 2023MGI - Media and Games Invest SE provided financial guidance for 2023. for the period, the company expecting 2023 Revenue at 2022 levels, normalized for divestments (EUR 9 million) and FX (EUR 12 million). Upside from Organic Revenue Growth in H2 2023 as mid-term outlook for programmatic advertising remains strong.お知らせ • Sep 01MGI - Media and Games Invest SE to Report Q4, 2023 Results on Feb 29, 2024MGI - Media and Games Invest SE announced that they will report Q4, 2023 results on Feb 29, 2024Reported Earnings • Sep 01Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: €83.6m (down 1.3% from 2Q 2022). Net income: €1.74m (down 43% from 2Q 2022). Profit margin: 2.1% (down from 3.6% in 2Q 2022). Revenue missed analyst estimates by 6.1%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Aug 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (9.4% average weekly change).Price Target Changed • Jul 26Price target decreased by 12% to €3.57Down from €4.05, the current price target is an average from 5 analysts. New target price is 205% above last closing price of €1.17. Stock is down 45% over the past year. The company is forecast to post earnings per share of €0.051 next year compared to a net loss per share of €0.13 last year.Recent Insider Transactions • Jul 20CEO & Director recently bought €107k worth of stockOn the 14th of July, Remco Westermann bought around 88k shares on-market at roughly €1.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.5m worth in shares.Recent Insider Transactions • Jul 14CEO & Director recently bought €91k worth of stockOn the 10th of July, Remco Westermann bought around 72k shares on-market at roughly €1.25 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.4m worth in shares.Recent Insider Transactions • Jul 06CEO & Director recently bought €397k worth of stockOn the 3rd of July, Remco Westermann bought around 446k shares on-market at roughly €0.89 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.Recent Insider Transactions • Jun 05CEO & Director recently bought €147k worth of stockOn the 1st of June, Remco Westermann bought around 135k shares on-market at roughly €1.09 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €184k. Remco has been a buyer over the last 12 months, purchasing a net total of €906k worth in shares.Price Target Changed • Jun 02Price target decreased by 11% to €4.05Down from €4.54, the current price target is an average from 5 analysts. New target price is 275% above last closing price of €1.08. Stock is down 66% over the past year. The company is forecast to post earnings per share of €0.052 next year compared to a net loss per share of €0.13 last year.Reported Earnings • Jun 01First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €77.4m (up 6.9% from 1Q 2022). Net income: €825.0k (down 68% from 1Q 2022). Profit margin: 1.1% (down from 3.5% in 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Jun 01+ 1 more updateMGI - Media and Games Invest SE to Report Q3, 2023 Results on Nov 30, 2023MGI - Media and Games Invest SE announced that they will report Q3, 2023 results on Nov 30, 2023Recent Insider Transactions • May 04CEO & Director recently bought €93k worth of stockOn the 28th of April, Remco Westermann bought around 75k shares on-market at roughly €1.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €184k. Remco has been a buyer over the last 12 months, purchasing a net total of €759k worth in shares.Reported Earnings • May 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: €0.13 loss per share (down from €0.11 profit in FY 2021). Revenue: €353.4m (up 28% from FY 2021). Net loss: €20.3m (down 227% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Mar 30CEO & Director recently bought €157k worth of stockOn the 24th of March, Remco Westermann bought around 127k shares on-market at roughly €1.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €184k. Remco has been a buyer over the last 12 months, purchasing a net total of €609k worth in shares.Recent Insider Transactions • Mar 17CEO & Director recently bought €184k worth of stockOn the 13th of March, Remco Westermann bought around 122k shares on-market at roughly €1.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €452k worth in shares.Price Target Changed • Mar 06Price target decreased by 8.1% to €4.44Down from €4.83, the current price target is an average from 4 analysts. New target price is 177% above last closing price of €1.60. Stock is down 48% over the past year. The company is forecast to post earnings per share of €0.09 next year compared to a net loss per share of €0.13 last year.Reported Earnings • Mar 01Full year 2022 earnings released: €0.13 loss per share (vs €0.11 profit in FY 2021)Full year 2022 results: €0.13 loss per share (down from €0.11 profit in FY 2021). Revenue: €376.6m (up 37% from FY 2021). Net loss: €20.3m (down 227% from profit in FY 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 26MGI - Media and Games Invest SE to Report Fiscal Year 2022 Results on Apr 28, 2023MGI - Media and Games Invest SE announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Apr 28, 2023お知らせ • Dec 16+ 1 more updateMGI - Media and Games Invest SE, Annual General Meeting, Jun 30, 2023MGI - Media and Games Invest SE, Annual General Meeting, Jun 30, 2023.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.02 (vs €0.022 in 3Q 2021)Third quarter 2022 results: EPS: €0.02. Revenue: €95.3m (up 39% from 3Q 2021). Net income: €3.18m (up 5.4% from 3Q 2021). Profit margin: 3.3% (down from 4.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Entertainment industry in Germany.お知らせ • Nov 16Media and Games Invest SE Updates Earnings Guidance for the Full Year 2022Media and Games Invest SE updated earnings guidance for the full year 2022. For the period, the company expected revenue to be in the range of EUR 315 million to EUR 325 million compared to previous guidance of EUR 295 million to EUR 315 million.お知らせ • Nov 11+ 3 more updatesMedia and Games Invest SE to Report Q4, 2022 Results on Feb 28, 2023Media and Games Invest SE announced that they will report Q4, 2022 results on Feb 28, 2023Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.63, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Entertainment industry in Europe. Total returns to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • Sep 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €1.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Entertainment industry in Europe. Total returns to shareholders of 55% over the past three years.Reported Earnings • Sep 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €91.2m (up 46% from 2Q 2021). Net income: €3.05m (down 9.1% from 2Q 2021). Profit margin: 3.3% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 83,579% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Sep 01Media and Games Invest SE Confirms Financial Guidance for the Year 2022Media and Games Invest SE confirmed financial guidance for the year 2022. The company announced the confirmation of 2022 guidance with revenues of EUR 295 million to EUR 315 million.お知らせ • Aug 31Media and Games Invest Promotes Ionut Ciobotaru and Sameer Sondhi to C-Level ManagersMedia and Games Invest SE announced Ionut Ciobotaru will be promoted to Chief Product Officer (CPO) and Sameer Sondhi as Chief Revenue Officer (CRO). Ionut joined MGI in 2019 and Sameer in 2020; both have long term experience in the digital advertising market. Ionut and Sameer will hold these roles in addition to serving in their current roles as Co-CEOs of MGI’s ad-tech arm, Verve Group, and together, they have been responsible for the growth of Verve Group’s highly successful programmatic advertising business. Their promotions within MGI reflect its gradual development into an ad software platform. Apart from their respective CPO and CRO roles, as Co-CEOs, Ionut and Sameer will also further be responsible for the management of MGI’s ad software platform. Ionut's focus as CPO will be on product innovation and building competitive advantages for MGI, including developing and improving innovative privacy-first advertising solutions, such as ATOM, Moments A.I. and Hybid Cloud. Sameer’s focus as CRO will be on MGI's B2B revenue generation, further developing the Company’s advertiser and publisher sales activities, as well as being responsible for running MGI’s media business.業績と収益の成長予測DB:VRV - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20288556999140812/31/20277765379126912/31/20267033873122912/31/20255791949N/A9/30/2025521112266N/A6/30/20254962373115N/A3/31/20254882886128N/A12/31/20244622994137N/A9/30/20244171975119N/A6/30/2024381513692N/A3/31/2024361473987N/A12/31/2023348472369N/A9/30/20233441335107N/A6/30/2023355-2353101N/A3/31/2023357-2268109N/A12/31/2022353-2096134N/A9/30/2022339165191N/A6/30/2022312164484N/A3/31/2022290162470N/A12/31/2021275162565N/A9/30/2021241112545N/A6/30/202121181433N/A3/31/202118251130N/A12/31/20201563625N/A9/30/20201350922N/A6/30/20201260921N/A3/31/20201100720N/A12/31/2019940416N/A9/30/2019750N/A17N/A6/30/2019580N/A21N/A3/31/2019460N/A14N/A12/31/2018351N/A7N/A9/30/2018221N/A-9N/A6/30/2018101N/A-24N/A3/31/201850N/A-16N/A12/31/2017N/A0N/A-8N/A9/30/20171-1N/A-14N/A6/30/20171-2N/A-20N/A3/31/201710N/A-24N/A12/31/201612N/A-29N/A9/30/201613N/A-15N/A6/30/2016N/A4N/A-1N/A3/31/2016N/A2N/A-1N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: VRVの予測収益成長率 (年間35.7% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: VRVの収益 ( 35.7% ) はGerman市場 ( 16.9% ) よりも速いペースで成長すると予測されています。高成長収益: VRVの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: VRVの収益 ( 10.9% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: VRVの収益 ( 10.9% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: VRVの 自己資本利益率 は、3年後には低くなると予測されています ( 11.9 %)。成長企業の発掘7D1Y7D1Y7D1YMedia 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/20 14:58終値2026/05/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Verve Group SE 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。17 アナリスト機関Edward JamesBerenbergAndreas WolfBerenbergMatthew WeberCanaccord Genuity14 その他のアナリストを表示
お知らせ • Jan 27Verve Group SE Provides Earnings Guidance for 2026Verve Group SE provided earnings guidance for 2026. On a conservative basis, the company expects revenue for fiscal year 2026 in a range of EUR 680 million to EUR 730 million.
Price Target Changed • Dec 30Price target decreased by 18% to €5.05Down from €6.18, the current price target is an average from 4 analysts. New target price is 186% above last closing price of €1.76. Stock is down 44% over the past year. The company posted earnings per share of €0.17 last year.
お知らせ • May 28+ 1 more updateVerve Group SE Provides Earnings Guidance for the Financial Year 2025Verve Group SE provided earnings guidance for the financial year 2025. For the year, the company expects €530 million to €565 million in revenues, reflecting an YoY increase of 21% to 29% (2024: €437 million).
お知らせ • Apr 08Verve Group SE Provides Earnings Guidance for the Year 2025Verve Group SE provided earnings guidance for the year 2025. For the year, the company expects revenue CAGR of 25% to 30% and expect meaningful double-digit organic growth for 2025.
Price Target Changed • Sep 15Price target increased by 12% to €4.49Up from €4.02, the current price target is an average from 6 analysts. New target price is 37% above last closing price of €3.27. Stock is up 188% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.29 last year.
Price Target Changed • Jun 24Price target increased by 15% to €3.63Up from €3.15, the current price target is an average from 5 analysts. New target price is 121% above last closing price of €1.64. Stock is up 78% over the past year. The company is forecast to post earnings per share of €0.092 for next year compared to €0.29 last year.
お知らせ • Apr 01Verve Group SE, Annual General Meeting, Jun 05, 2026Verve Group SE, Annual General Meeting, Jun 05, 2026.
お知らせ • Jan 27Verve Group SE Provides Earnings Guidance for 2026Verve Group SE provided earnings guidance for 2026. On a conservative basis, the company expects revenue for fiscal year 2026 in a range of EUR 680 million to EUR 730 million.
お知らせ • Jan 24Verve Group SE unveils Verve for Advertisers, Its New Unified Brand for Its Activities with Brands and AdvertisersVerve Group SE unveiled Verve For Advertisers, its new unified brand for its activities with brands and advertisers. Verve brings together the company's brand and agency capabilities by combining the strengths of Jun Group and Captify into a single, powerful branded offering in the US market. Due to the strong brand recognition Captify has built locally, Captify UK and Australia will continue to operate as Captify in those markets. With the launch of Verve For Ad advertisers, Verve is further consolidating its strategy for brands and advertisers, uniting its omnichannel ad solutions under one advertiser-facing brand. At its core, Verve For Advertisers combines Verve's proprietary data assets with AI-driven decisioning technology to empower brands and agencies to achieve stronger, more measurable outcomes across the marketing funnel.
Price Target Changed • Dec 30Price target decreased by 18% to €5.05Down from €6.18, the current price target is an average from 4 analysts. New target price is 186% above last closing price of €1.76. Stock is down 44% over the past year. The company posted earnings per share of €0.17 last year.
お知らせ • Dec 22+ 3 more updatesVerve Group SE to Report Fiscal Year 2025 Results on Mar 31, 2026Verve Group SE announced that they will report fiscal year 2025 results at 9:00 AM, Central European Standard Time on Mar 31, 2026
お知らせ • Sep 19Verve Group SE (XTRA:M8G) agreed to acquire an unknown majority stake in Captify Technologies Ltd. for €25.6 million.Verve Group SE (XTRA:M8G) agreed to acquire an unknown majority stake in Captify Technologies Ltd. for €25.6 million on September 17, 2025. The transaction is structured with a €16.2 million cash consideration within 6 weeks of closing, and an additional deferred cash consideration of €9.4 million 18 months after closing. The total purchase price of €25.6 million reflects an EBITDA multiple of about 7x before synergies, respectively about 5x after synergies. Captify’s team will be integrated into Verve’s commercial brand and agency, technology and product teams, leading to substantial revenue and cost synergies of about €1.6 million per year. Mike Welch will step down from his role as Chief Executive Officer of Captify and will assume the role of a strategic advisor. Davis & Gilbert acted as legal advisor for Verve Group SE. Bristows LLP acted as legal advisor for Verve Group SE. Houlihan Lokey UK Limited acted as financial advisor for Captify Technologies Ltd. Squire Sanders LLP acted as legal advisor for Captify Technologies Ltd.
分析記事 • Sep 17Weekly Picks: 🚖 A super-app quietly consolidating an entire region and 2 more picksThis week’s picks cover: Why ADUS HomeCare is a high quality name with defensive revenues worth watching, why near term skepticism on Verve Group may be overdone, and how Grab's network effects could allow it to dominate South East Asia as a super-app.
お知らせ • Sep 17Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million.Verve Group SE (XTRA:M8G) signed an agreement to acquire acardo technologies AG from Vectron Systems AG (LSE:0W1I) for €24.5 million on September 16, 2025. The total purchase price of €24.5 million reflects an EBITDA multiple of about 6 x EBITDA before synergies, respectively about 4 x EBITDA after synergies. Given the technological setup of Acardo, the seamless integration of the company’s technology under the existing management structure will not lead to the requirement of a technological integration. The transaction is structured with a €17.2 million cash consideration at closing as well as an additional €7.3 million differed cash consideration 12 months after closing. Vectron Systems AG will receive a purchase price of €24.5 million plus cash holdings and other purchase price adjustments from the sale. It should be noted that various payments are to be made by Vectron from the purchase price. These mainly relate to earn-out claims and seller loans from the former shareholders of acardo group AG, as well as an intercompany loan from acardo group AG to Vectron Systems AG. The expected completion of the transaction is October 1, 2025.
新しいナラティブ • Aug 17Verve Group to Surge with 51.61% Revenue GrowthVerve Group faces near-term skepticism following its FY25 Q2 report, which included a downward revision to full-year revenue guidance. But beneath the short-term noise lies a company undergoing a strategic inflection — one that positions it to capture outsized value in the post-cookie, privacy-first advertising economy.
お知らせ • Jul 18Verve Group SE Announces Executive Changes, Effective by 30 July, 2025Verve Group SE announced key additions and transitions within its executive leadership team. The company announced appointment of Mishel Alon – Chief Business Officer (CBO). Focus on demand side, DSP and Brand and Agencies commerce and operations; (previously CEO of Verve’s latest acquisition Jun Group). Prasanna Prasad – Chief Technology Officer (CTO)- Focus on engineering, platforms, infrastructure, data and AI for the Group; (previously CTO supply side); David Philippson – Chief Product Officer (CPO)-Focus on product development and innovation for the Group; (previously Founder and CEO of Verve’s DSP Dataseat). Alex Stil – Chief Strategy Officer (CSO)- Focus on corporate strategy, strategic cooperations, integrations and marketing. After nearly 15 years with the company, Jens Knauber, current COO of Verve Group and responsible for Verve’s O&O business, will step down as COO of Verve and CEO of gamigo. The changes of the executive team have been decided by the board and will be implemented by 30 July.
お知らせ • Jun 18Verve Group SE has completed a Follow-on Equity Offering in the amount of SEK 360.024 million.Verve Group SE has completed a Follow-on Equity Offering in the amount of SEK 360.024 million. Security Name: A Shares Security Type: Common Stock Securities Offered: 12,858,000 Price\Range: SEK 28 Transaction Features: Subsequent Direct Listing
お知らせ • Jun 11Verve Group SE Elects Alexander Doll as New Member of the Board of DirectorsVerve Group SE at its annual general meeting held on 11 June 2025, elected Alexander Doll as a new member of the board of directors for the period until the close of the annual general meeting 2026.
お知らせ • May 28+ 1 more updateVerve Group SE Provides Earnings Guidance for the Financial Year 2025Verve Group SE provided earnings guidance for the financial year 2025. For the year, the company expects €530 million to €565 million in revenues, reflecting an YoY increase of 21% to 29% (2024: €437 million).
お知らせ • May 10Verve Group SE, Annual General Meeting, Jun 11, 2025Verve Group SE, Annual General Meeting, Jun 11, 2025, at 09:30 W. Europe Standard Time. Location: at the premises of gernandt & danielsson, hamngatan 2, stockholm Sweden
お知らせ • Apr 08Verve Group SE Provides Earnings Guidance for the Year 2025Verve Group SE provided earnings guidance for the year 2025. For the year, the company expects revenue CAGR of 25% to 30% and expect meaningful double-digit organic growth for 2025.
お知らせ • Feb 11Verve Group SE to Report Q3, 2025 Results on Nov 18, 2025Verve Group SE announced that they will report Q3, 2025 results on Nov 18, 2025
お知らせ • Nov 28Verve Group SE Announces CFO ChangesVerve Group SE announced that Paul Echt will step down from his role as CFO as of December 31, 2024. Christian Duus, former CFO of Adform, has been appointed CFO, effective January 1, 2025. Christian Duus is an experienced CFO, who has worked in the ad-tech sector as CFO of Adform and previously as a management consultant for Bain & Company. He will begin his role on January 1, 2025. Paul Echt will remain in an advisory role within Verve during the first half of 2025 to ensure a smooth transition to the new CFO. Paul will advise on audit-related matters and the potential refinancing of the outstanding debt at significantly improved terms during the transition. During his time as CFO, Paul enabled, through his financing expertise, essential investments and practiced robust financial discipline, which together helped the company grow its revenues by more than tenfold while increasing its profits by more than twentyfold. Before joining Verve, Christian Duus was with Adform, where he first held the role of Senior Vice President of Corporate Development and Commercial Operations from 2015 until he took over as CFO in 2019. He brings more than 20 years of experience in international strategy formulation, business development, financial analysis, and operational execution. Prior to Adform, Christian worked for many years in management consulting for Bain & Company and held executive business development positions with publicly listed companies GN Store Nord and North Media. Christian is based in Stockholm and holds a master’s degree in business administration, finance, and accounting from Copenhagen Business School.
Valuation Update With 7 Day Price Move • Oct 10Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to €2.71, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Media industry in Germany. Total loss to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Sep 19Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €3.67, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 15x in the Media industry in Germany. Total loss to shareholders of 32% over the past three years.
Price Target Changed • Sep 15Price target increased by 12% to €4.49Up from €4.02, the current price target is an average from 6 analysts. New target price is 37% above last closing price of €3.27. Stock is up 188% over the past year. The company is forecast to post earnings per share of €0.15 for next year compared to €0.29 last year.
Reported Earnings • Aug 30Second quarter 2024 earnings released: EPS: €0.038 (vs €0.011 in 2Q 2023)Second quarter 2024 results: EPS: €0.038 (up from €0.011 in 2Q 2023). Revenue: €103.3m (up 25% from 2Q 2023). Net income: €6.26m (up 259% from 2Q 2023). Profit margin: 6.1% (up from 2.1% in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
お知らせ • Aug 29+ 2 more updatesVerve Group SE to Report Q2, 2025 Results on Aug 14, 2025Verve Group SE announced that they will report Q2, 2025 results on Aug 14, 2025
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €3.03, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Media industry in Germany. Total loss to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Jul 17Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.64, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Media industry in Germany. Total loss to shareholders of 54% over the past three years.
お知らせ • Jul 04Verve Group Se Appoints Alex Stil as Chief Commercial OfficerVerve Group SE announced the appointment of Alex Stil as its new Chief Commercial Officer who will lead the expansion of the demand side business. Alex brings extensive experience in digital media, brand management and agency ecosystems, positioning him as a pivotal addition to Verve's leadership team. Alex's career spans as a serial digital entrepreneur and a results-driven business leader, with notable achievements in digital media and ad technology. At GroupM, as President of GroupM Services EMEA, he managed 2,500+ people and led digital activation across 40 markets for brands such as Unilever, Nike, Google, Ford and Vodafone, achieving amongst others significant 40%+ growth in billings in a challenging Covid19 period. His leadership in transforming large-scale organizations and fostering enterprise-scale services will be instrumental in advancing Verve's demand-side business, particularly following the recent acquisition of Jun Group, which significantly expanded Verve's demand-side capabilities. Alex's responsibilities include streamlining Verve's product portfolio by managing the company's DSP, unique supply and data, curated deals, cookie less solutions, and creative services. In line with our mission ‘let’s make media better’ Alex will focus on delivering clear and consistent solutions tailored specifically for agencies and brands, thereby enabling better advertising outcomes. Next to product enhancement, Alex will also prioritize enhancing client experiences to foster long-term loyalty and maximize client satisfaction. This involves refining onboarding processes, improving customer support, and implementing proactive engagement strategies. Furthermore, Alex will spearhead initiatives to expand Verve's market presence, including identifying new markets, nurturing high-value prospects, and boosting brand visibility.
Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Greg Coleman was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.94, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 65% over the past three years.
Price Target Changed • Jun 24Price target increased by 15% to €3.63Up from €3.15, the current price target is an average from 5 analysts. New target price is 121% above last closing price of €1.64. Stock is up 78% over the past year. The company is forecast to post earnings per share of €0.092 for next year compared to €0.29 last year.
Recent Insider Transactions • Jun 23CEO & Director recently bought €1.9m worth of stockOn the 19th of June, Remco Westermann bought around 1m shares on-market at roughly €1.49 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €3.1m worth in shares.
New Risk • Jun 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (17% increase in shares outstanding).
お知らせ • Jun 19+ 1 more updateVerve Group SE has completed a Follow-on Equity Offering in the amount of SEK 450.000004 million.Verve Group SE has completed a Follow-on Equity Offering in the amount of SEK 450.000004 million. Security Name: Ordinary A Shares Security Type: Common Stock Securities Offered: 27,108,434 Price\Range: SEK 16.6 Transaction Features: Subsequent Direct Listing
お知らせ • Jun 14MGI - Media and Games Invest SE Approves Board AppointmentsMGI - Media and Games Invest SE at its AGM held on June 13, 2024, elected Greg Coleman and Peter Huijboom as new members of the board of directors for the period until the close of the annual general meeting 2025.
Price Target Changed • May 09Price target increased by 9.1% to €3.10Up from €2.84, the current price target is an average from 5 analysts. New target price is 79% above last closing price of €1.74. Stock is up 43% over the past year. The company is forecast to post earnings per share of €0.088 for next year compared to €0.29 last year.
お知らせ • May 08MGI - Media and Games Invest Se Provides Earnings Guidance for 2024MGI - Media and Games Invest SE provided earnings guidance for 2024. For the year, company expects Revenue to be €350 million - €370 million.
Reported Earnings • May 07First quarter 2024 earnings released: EPS: €0.004 (vs €0.005 in 1Q 2023)First quarter 2024 results: EPS: €0.004 (down from €0.005 in 1Q 2023). Revenue: €90.2m (up 19% from 1Q 2023). Net income: €603.0k (down 27% from 1Q 2023). Profit margin: 0.7% (down from 1.1% in 1Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.83, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 58% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.54 per share.
お知らせ • Apr 30MGI - Media and Games Invest SE Releases On-Device Targeting-AI ATOM 3.0 to 10,000+ AppsMGI - Media and Games Invest SE announced the release of ATOM 3.0, an industry-first on-device targeting solution for iOS that gives mobile marketers the ability to meaningfully predict the traits of anonymous users in a privacy compliant manner, providing a significant competitive advantage in an ecosystem where 75% of iOS users opt out of tracking, with a similar trend predicted on Android. By utilizing cutting-edge on-device AI technology, ATOM processes mobile device signals and real-world context to predict user traits and classify them into cohorts, providing advertisers with the tools needed to deliver highly personalized advertising experiences while ensuring full compliance with privacy regulations. Originally launched in 2021, ATOM 3.0 is now seamlessly integrated with MGI's HyBid SDK. The HyBid SDK provides advertisers with access to over 1.5 billion users across more than 10,000 apps worldwide. This unparalleled scale makes ATOM 3.0 the only currently available scalable solution for targeting ID-less users on mobile, ensuring that advertisers and publishers can maintain addressability and engagement with their audience while respecting user choice. To foster widespread adoption and maximize its impact across the digital advertising ecosystem, ATOM 3.0 will be made available for free for publishers and advertisers at the start, whereas based on substantially improved targeting possibilities, higher CPM's will be achieved. By analyzing a wide array of device signals and real-world contexts, such as app usage pattern, session duration, session depth, gestures, screen brightness and more, ATOM 3.0's sophisticated on-device machine learning models offer cohorts spanning across 10 key categories, including Behavioral, Demographic, Mobility, attention, Engagement, and also can classify users into special cohorts like "Tech Enthusiasts", "Active Gamers", "Health and Fitness Advocates", and "Frequent Shoppers" without user data ever leaving the device. Ad requests can be enriched with the cohorts to help advertisers make better decisions when IDs are available. This method provides advertisers with the tools needed to delivering highly personalized advertising experiences while ensuring fully compliance with privacy regulations, as no personal identifying information is transferred to third parties. As the digital advertising ecosystem grapples with the disappearance of traditional identifiers, the integration of ATOM 3.0 into MGI's Hybid SDK emerges as the only currently available scalable solution designed to future-proof advertising strategies against evolving privacy regulations and shifting consumer expectations.
Reported Earnings • Apr 21Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €0.29 (up from €0.13 loss in FY 2022). Revenue: €347.9m (down 1.5% from FY 2022). Net income: €46.7m (up €67.0m from FY 2022). Profit margin: 13% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to €1.86, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 55% over the past three years.
Price Target Changed • Mar 26Price target increased by 7.4% to €2.84Up from €2.65, the current price target is an average from 4 analysts. New target price is 92% above last closing price of €1.48. Stock is up 22% over the past year. The company is forecast to post earnings per share of €0.077 for next year compared to €0.29 last year.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €1.45, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 58% over the past three years.
Recent Insider Transactions • Mar 15Independent Director recently sold €50k worth of stockOn the 13th of March, Elizabeth Para sold around 36k shares on-market at roughly €1.40 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.6m more than they sold in the last 12 months.
Price Target Changed • Mar 08Price target increased by 8.0% to €2.76Up from €2.56, the current price target is an average from 5 analysts. New target price is 99% above last closing price of €1.39. Stock is down 6.6% over the past year. The company is forecast to post earnings per share of €0.082 for next year compared to €0.29 last year.
Reported Earnings • Mar 03Full year 2023 earnings: EPS and revenues exceed analyst expectationsFull year 2023 results: EPS: €0.29 (up from €0.13 loss in FY 2022). Revenue: €419.4m (up 19% from FY 2022). Net income: €46.7m (up €67.0m from FY 2022). Profit margin: 11% (up from net loss in FY 2022). Revenue exceeded analyst estimates by 5.9%. Earnings per share (EPS) also surpassed analyst estimates by 25%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Mar 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €1.13, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Media industry in Germany. Total loss to shareholders of 68% over the past three years.
Recent Insider Transactions • Dec 18CEO & Director recently bought €139k worth of stockOn the 12th of December, Remco Westermann bought around 155k shares on-market at roughly €0.90 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €188k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.8m worth in shares.
New Risk • Dec 05New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 6.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings are forecast to decline by an average of 6.0% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Dec 01Third quarter 2023 earnings released: EPS: €0.25 (vs €0.02 in 3Q 2022)Third quarter 2023 results: EPS: €0.25 (up from €0.02 in 3Q 2022). Revenue: €149.1m (up 56% from 3Q 2022). Net income: €39.3m (up €36.1m from 3Q 2022). Profit margin: 26% (up from 3.3% in 3Q 2022). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 30+ 4 more updatesMGI - Media and Games Invest SE, Annual General Meeting, Jun 13, 2024MGI - Media and Games Invest SE, Annual General Meeting, Jun 13, 2024.
Recent Insider Transactions • Oct 30CEO & Director recently bought €80k worth of stockOn the 26th of October, Remco Westermann bought around 99k shares on-market at roughly €0.81 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €98k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.5m worth in shares.
お知らせ • Oct 28MGI - Media and Games Invest SE Announces Appointment of Nomination CommitteeMGI - Media and Games Invest SE announced that the members of the Nomination Committee have been appointed. The Nomination Committee for the 2024 Annual General Meeting consists of the following members: Tobias M. Weitzel, chairman of the board. Dr. Gabriel Recnik, appointed by Bodhivas GmbH holding 27.1% of the shares and votes on August 31, 2023. Hermann Dambach, appointed by Oaktree Capital Management holding 17.7% of the shares and votes on August 31, 2023. Anthony Gordon, appointed by and representing a group of shareholders (acting in concert) holding 8.4% of the shares and votes on August 31, 2023 and consisting of: Trend Finanzanalysen GmbH, Smile Autovermietung GmbH, T.E.L.L. Verwaltungs GmbH, Dawn Fitzpatrick, Sebastian Krüper, Anthony Gordon, and other private shareholders.
Recent Insider Transactions • Oct 12CEO & Director recently bought €2.0m worth of stockOn the 9th of October, Remco Westermann bought around 42k shares on-market at roughly €48.10 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €3.4m worth in shares.
Recent Insider Transactions • Sep 27CEO & Director recently bought €98k worth of stockOn the 21st of September, Remco Westermann bought around 86k shares on-market at roughly €1.14 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.4m worth in shares.
Recent Insider Transactions • Sep 17CEO & Director recently bought €54k worth of stockOn the 13th of September, Remco Westermann bought around 50k shares on-market at roughly €1.08 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.
Price Target Changed • Sep 11Price target decreased by 12% to €3.08Down from €3.49, the current price target is an average from 5 analysts. New target price is 163% above last closing price of €1.17. Stock is down 41% over the past year. The company is forecast to post earnings per share of €0.03 next year compared to a net loss per share of €0.13 last year.
お知らせ • Sep 02MGI - Media and Games Invest SE Provides Financial Guidance for 2023MGI - Media and Games Invest SE provided financial guidance for 2023. for the period, the company expecting 2023 Revenue at 2022 levels, normalized for divestments (EUR 9 million) and FX (EUR 12 million). Upside from Organic Revenue Growth in H2 2023 as mid-term outlook for programmatic advertising remains strong.
お知らせ • Sep 01MGI - Media and Games Invest SE to Report Q4, 2023 Results on Feb 29, 2024MGI - Media and Games Invest SE announced that they will report Q4, 2023 results on Feb 29, 2024
Reported Earnings • Sep 01Second quarter 2023 earnings: Revenues miss analyst expectationsSecond quarter 2023 results: Revenue: €83.6m (down 1.3% from 2Q 2022). Net income: €1.74m (down 43% from 2Q 2022). Profit margin: 2.1% (down from 3.6% in 2Q 2022). Revenue missed analyst estimates by 6.1%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Aug 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (9.4% average weekly change).
Price Target Changed • Jul 26Price target decreased by 12% to €3.57Down from €4.05, the current price target is an average from 5 analysts. New target price is 205% above last closing price of €1.17. Stock is down 45% over the past year. The company is forecast to post earnings per share of €0.051 next year compared to a net loss per share of €0.13 last year.
Recent Insider Transactions • Jul 20CEO & Director recently bought €107k worth of stockOn the 14th of July, Remco Westermann bought around 88k shares on-market at roughly €1.21 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.5m worth in shares.
Recent Insider Transactions • Jul 14CEO & Director recently bought €91k worth of stockOn the 10th of July, Remco Westermann bought around 72k shares on-market at roughly €1.25 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €397k. Remco has been a buyer over the last 12 months, purchasing a net total of €1.4m worth in shares.
Recent Insider Transactions • Jul 06CEO & Director recently bought €397k worth of stockOn the 3rd of July, Remco Westermann bought around 446k shares on-market at roughly €0.89 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €1.3m worth in shares.
Recent Insider Transactions • Jun 05CEO & Director recently bought €147k worth of stockOn the 1st of June, Remco Westermann bought around 135k shares on-market at roughly €1.09 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €184k. Remco has been a buyer over the last 12 months, purchasing a net total of €906k worth in shares.
Price Target Changed • Jun 02Price target decreased by 11% to €4.05Down from €4.54, the current price target is an average from 5 analysts. New target price is 275% above last closing price of €1.08. Stock is down 66% over the past year. The company is forecast to post earnings per share of €0.052 next year compared to a net loss per share of €0.13 last year.
Reported Earnings • Jun 01First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: €77.4m (up 6.9% from 1Q 2022). Net income: €825.0k (down 68% from 1Q 2022). Profit margin: 1.1% (down from 3.5% in 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Jun 01+ 1 more updateMGI - Media and Games Invest SE to Report Q3, 2023 Results on Nov 30, 2023MGI - Media and Games Invest SE announced that they will report Q3, 2023 results on Nov 30, 2023
Recent Insider Transactions • May 04CEO & Director recently bought €93k worth of stockOn the 28th of April, Remco Westermann bought around 75k shares on-market at roughly €1.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €184k. Remco has been a buyer over the last 12 months, purchasing a net total of €759k worth in shares.
Reported Earnings • May 02Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: €0.13 loss per share (down from €0.11 profit in FY 2021). Revenue: €353.4m (up 28% from FY 2021). Net loss: €20.3m (down 227% from profit in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Mar 30CEO & Director recently bought €157k worth of stockOn the 24th of March, Remco Westermann bought around 127k shares on-market at roughly €1.24 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €184k. Remco has been a buyer over the last 12 months, purchasing a net total of €609k worth in shares.
Recent Insider Transactions • Mar 17CEO & Director recently bought €184k worth of stockOn the 13th of March, Remco Westermann bought around 122k shares on-market at roughly €1.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Remco has been a buyer over the last 12 months, purchasing a net total of €452k worth in shares.
Price Target Changed • Mar 06Price target decreased by 8.1% to €4.44Down from €4.83, the current price target is an average from 4 analysts. New target price is 177% above last closing price of €1.60. Stock is down 48% over the past year. The company is forecast to post earnings per share of €0.09 next year compared to a net loss per share of €0.13 last year.
Reported Earnings • Mar 01Full year 2022 earnings released: €0.13 loss per share (vs €0.11 profit in FY 2021)Full year 2022 results: €0.13 loss per share (down from €0.11 profit in FY 2021). Revenue: €376.6m (up 37% from FY 2021). Net loss: €20.3m (down 227% from profit in FY 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 26MGI - Media and Games Invest SE to Report Fiscal Year 2022 Results on Apr 28, 2023MGI - Media and Games Invest SE announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Apr 28, 2023
お知らせ • Dec 16+ 1 more updateMGI - Media and Games Invest SE, Annual General Meeting, Jun 30, 2023MGI - Media and Games Invest SE, Annual General Meeting, Jun 30, 2023.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: €0.02 (vs €0.022 in 3Q 2021)Third quarter 2022 results: EPS: €0.02. Revenue: €95.3m (up 39% from 3Q 2021). Net income: €3.18m (up 5.4% from 3Q 2021). Profit margin: 3.3% (down from 4.4% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Entertainment industry in Germany.
お知らせ • Nov 16Media and Games Invest SE Updates Earnings Guidance for the Full Year 2022Media and Games Invest SE updated earnings guidance for the full year 2022. For the period, the company expected revenue to be in the range of EUR 315 million to EUR 325 million compared to previous guidance of EUR 295 million to EUR 315 million.
お知らせ • Nov 11+ 3 more updatesMedia and Games Invest SE to Report Q4, 2022 Results on Feb 28, 2023Media and Games Invest SE announced that they will report Q4, 2022 results on Feb 28, 2023
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improved over the past weekAfter last week's 15% share price gain to €1.63, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Entertainment industry in Europe. Total returns to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • Sep 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €1.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the Entertainment industry in Europe. Total returns to shareholders of 55% over the past three years.
Reported Earnings • Sep 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €91.2m (up 46% from 2Q 2021). Net income: €3.05m (down 9.1% from 2Q 2021). Profit margin: 3.3% (down from 5.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 83,579% growth forecast for the Entertainment industry in Germany. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Sep 01Media and Games Invest SE Confirms Financial Guidance for the Year 2022Media and Games Invest SE confirmed financial guidance for the year 2022. The company announced the confirmation of 2022 guidance with revenues of EUR 295 million to EUR 315 million.
お知らせ • Aug 31Media and Games Invest Promotes Ionut Ciobotaru and Sameer Sondhi to C-Level ManagersMedia and Games Invest SE announced Ionut Ciobotaru will be promoted to Chief Product Officer (CPO) and Sameer Sondhi as Chief Revenue Officer (CRO). Ionut joined MGI in 2019 and Sameer in 2020; both have long term experience in the digital advertising market. Ionut and Sameer will hold these roles in addition to serving in their current roles as Co-CEOs of MGI’s ad-tech arm, Verve Group, and together, they have been responsible for the growth of Verve Group’s highly successful programmatic advertising business. Their promotions within MGI reflect its gradual development into an ad software platform. Apart from their respective CPO and CRO roles, as Co-CEOs, Ionut and Sameer will also further be responsible for the management of MGI’s ad software platform. Ionut's focus as CPO will be on product innovation and building competitive advantages for MGI, including developing and improving innovative privacy-first advertising solutions, such as ATOM, Moments A.I. and Hybid Cloud. Sameer’s focus as CRO will be on MGI's B2B revenue generation, further developing the Company’s advertiser and publisher sales activities, as well as being responsible for running MGI’s media business.
