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Verve Group SE Lowers 2025 Financial Outlook Amid Platform and Currency Challenges
Verve Group SE has announced a revision of its 2025 financial outlook, citing platform unification issues and unfavorable currency exchange rates. The company now expects net revenue of EUR 485–515 million, down from the previous EUR 530–565 million. Adjusted EBITDA is also revised to EUR 125–140 million, from EUR 155–175 million initially projected.
The revision follows technical challenges in unifying in-app marketplace activities, which delayed customer onboarding and affected revenues. The unification process is complete, but revenue recovery has been slower than anticipated, leading to an estimated EUR 34 million adverse effect on net revenue.
Additionally, a weaker USD/EUR exchange rate impacts financial results, reducing the EBITDA outlook by approximately EUR 9 million.
R. P.
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