Platform focus yields highest ever quarter revenues and adjusted EBITDA In 2025, Azerion focused on its Platform business, introduced Azerion Intelligence (our multi-cloud and AI platform), refinanced its bonds and executed on efficiencies and cost savings. Our fourth quarter and our full year 2025 results show the consolidated effect of that focus. At the same time, our investments in multi-cloud and AI are already showing promising results and opportunities for growth. Results for the continuing operatio ...

Core Insights - The company reported solid third-quarter performance with revenue growth of 8% to €119.8 million and Adjusted EBITDA growth of 13% to €14.4 million, indicating steady execution within continuing operations [1][4] - The divestment of Whow Games, completed on July 14, 2025, for €55 million upfront and up to €10 million earn-out, simplifies the business and reinforces focus on the core advertising platform [2][5] - Successful refinancing of bonds reduced debt by €40 million, with new bonds totaling €225 million at a lower interest rate, enhancing financial flexibility [3][8] Financial Performance - Continuing operations reported total revenue of €119.8 million in Q3 2025, an increase of 8% from €110.9 million in Q3 2024, and Adjusted EBITDA of €14.4 million, up 13% from €12.8 million in Q3 2024 [4] - Year-to-date (YTD) total revenue reached €371.1 million, an 8% increase compared to €344.1 million in YTD 2024, with Adjusted EBITDA of €38.4 million, a 14% increase from €33.8 million in YTD 2024 [4] - Overall group results showed total revenue of €122.5 million in Q3 2025, a decrease of 2% from €124.8 million in Q3 2024, while YTD revenue was €397.9 million, up 4% from €383.2 million in YTD 2024 [6] Strategic Moves - The divestment of Whow Games is part of a long-term strategy to simplify the business structure and focus on digital advertising as the core business [5] - The expansion into cloud infrastructure and AI-driven solutions aims to enhance profitability and unlock new product development opportunities [5] - The refinancing of bonds and reduction of nominal debt by €40 million is expected to increase financial flexibility and support ongoing strategic initiatives [7][8]

Core Points - Azerion Group N.V. has successfully completed the refinancing of its outstanding senior secured floating rate bonds maturing in October 2026 through the early redemption of all existing bonds [2][4] - The company is set to issue new Senior Secured Callable Floating Rate Bonds due October 2029, which will be listed under ISIN NO0013660357 [4] Company Overview - Founded in 2014, Azerion is one of Europe's largest digital advertising and entertainment media platforms, providing advertisers with access to global scaled audiences through proprietary technology [3] - The company operates commercial teams in over 26 cities worldwide, focusing on creative advertising solutions [4]

Core Viewpoint - Azerion Group N.V. is set to redeem its outstanding senior secured floating rate bonds on October 10, 2025, following the successful issuance of new bonds totaling EUR 225 million [3][4]. Group 1: Bond Redemption - The company has exercised its option to redeem all outstanding bonds in full as per the terms outlined in the call notice dated September 17, 2025 [3]. - The redemption is contingent upon the successful issuance and settlement of new bonds, which will finance the redemption of the outstanding bonds [3][4]. Group 2: Company Overview - Azerion, founded in 2014, is one of Europe's largest digital advertising and entertainment media platforms, focusing on delivering global audiences to advertisers [5]. - The company operates in over 26 cities worldwide, providing support to clients and partners in executing impactful advertising strategies [6].

Core Viewpoint - Azerion Group N.V. successfully placed new bonds amounting to EUR 225 million and intends to redeem all outstanding senior secured bonds, indicating strong investor confidence and a focus on growth opportunities [3][4]. Group 1: Bond Issuance Details - The bond issue was placed at 98% of par with a floating interest rate of 3m EURIBOR plus a margin of 5.5% and has a tenor of four years [3]. - The settlement of the bond issue is expected around 2 October 2025, with plans to list the bonds on the Open Market of Frankfurt Stock Exchange [5]. - Proceeds from the bond issuance will be used to fully redeem the existing EUR 265 million senior secured callable floating rate bonds [6]. Group 2: Redemption of Existing Bonds - The company plans to exercise its right for early redemption of the existing bonds, with a redemption date set for 10 October 2025 at 102.025% of the nominal amount plus accrued interest [8]. - The redemption is conditional upon the successful issuance and settlement of the new bonds prior to the record date of 8 October 2025 [9]. Group 3: Company Overview - Azerion, founded in 2014, is one of Europe's largest digital advertising and entertainment media platforms, focusing on delivering global audiences to advertisers through proprietary technology [12].

Core Insights - The company achieved a total revenue of €128.0 million in Q1 2025, marking a 7% increase from €119.7 million in Q1 2024, representing the fourth consecutive year-on-year growth in Q1 revenue [4] - Adjusted EBITDA for Q1 2025 was €11.7 million, up 19% from €9.8 million in Q1 2024, also reflecting the fourth consecutive year-on-year increase [4] - The company reported an EBITDA of €7.9 million in Q1 2025, a significant increase of 68% compared to €4.7 million in Q1 2024, driven by synergies from acquisitions and a focus on efficiency [4] Revenue Drivers - The revenue growth was primarily driven by increased spending across the Platform Segment, particularly in AAA Game Distribution, and the integration of past acquisitions such as The Moneytizer, Goldbach Austria, and Produpress [4] - The company signed 80 new publishers and connected 6 additional SSPs, 3 new DSPs, and 1 supplementary data source to enhance its digital audience reach across Europe and the Americas [4] Product and Technology Development - Significant advancements were made in the product and technology roadmap, including the consolidation of Azerion's ID Graph into one DMP and the introduction of new features and automation for DSP and SSP interfaces [4] - The company is investing in Azerion Intelligence, a Multi-Cloud and AI platform aimed at providing European businesses with affordable access to open-source AI models and scalable cloud hosting, which is expected to drive revenue growth in the future [4]

Azerion publishes Notice of Annual General Meeting 2025 Amsterdam, 8 May 2025 – Azerion Group N.V. has today published the Notice of Annual General Meeting 2025 (AGM), which will be held on 19 June 2025. The notice, agenda and accompanying explanatory notes, as well as the 2024 Annual Report and other relevant documentations have been published on our website www.azerion.com/agm/ The agenda of the AGM includes, amongst other proposals, the proposal to adopt the 2024 financial statements. Additional informa ...