Verve Group SE Reports Strong Q1 2025 Growth and Sets Positive Outlook

Verve Group SE announced a 32% increase in net revenues to €109 million for Q1 2025, up from €82.5 million the previous year. Adjusted EBITDA rose by 37% to €30.2 million, reflecting an improved margin from 27% to 28% despite ongoing investments in its sales force. The growth was attributed mainly to a 51% rise in the number of large software clients and a 24% increase in ad impressions, pushing organic revenue growth to 16%.

For 2025, Verve anticipates revenue between €530 and €565 million, a year-on-year growth of 21-29%. Adjusted EBITDA is expected to reach €155-175 million, signifying a 16-31% increase. The company remains focused on market expansion, leveraging unique ad targeting technologies, while accounting for macroeconomic conditions.

Verve's CEO emphasized continued product innovation and the integration of supply and demand platforms to enhance efficiency. Amid macroeconomic uncertainties, the company maintains a positive growth trajectory for the year.