The presentation outlines the third‑quarter 2024 performance of Verge Group SE, emphasizing accelerated revenue and EBITDA growth driven by organic expansion and the recent acquisition of Jun Group. Revenue rose 45 % year‑on‑year to €114 million, with organic growth of 31 %, while adjusted EBITDA increased by 45 % to €34 million, reflecting a margin of 22 %. The company reports strong cash generation, with operating cash flow reaching €34 million and free cash flow of €54 million in Q3, supported by low maintenance capital expenditures.
Geographically the focus remains on the United States, where Verge has achieved critical mass and captured 80 % of its U.S. revenue share in mobile advertising supply, ranking first with a 99‑point SPO score against competitors such as Google AdExchange and InMobi. The platform’s reach spans 2.5 billion users across 65,000 apps, delivering over 850 bn impressions annually and generating high transaction volumes that feed AI‑driven targeting algorithms.
The acquisition of Jun Group contributed approximately €49 million in revenue and €13 million in EBITDA, with synergies expected to materialize in 2025. Financial leverage has improved, with net debt/adjusted EBITDA falling below 2.0x and interest coverage ratios exceeding 4.0x, indicating a stronger balance sheet.
Methodologically, the data derive from internal financial reporting and market analytics, with revenue figures adjusted for foreign‑exchange effects and M&A activity. The presentation covers the period up to Q3 2024, focusing on digital media and mobile advertising segments within the U.S. market.
