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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Strong start to the year improves outlook

VERResearch2024-03-21 08:01
Inderes
Discuss
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Yesterday, MGI announced that its organic growth rate has increased to 25% in February 2024. This follows an earlier announcement of an 18% organic growth rate in January 2024. The robust organic growth rate is a strong start to the year and leads us to raise our revenue estimates. As the outlook continues to improve, we believe the risk-to-reward ratio remains very attractive.

Verve (Ticker: VER) is a fast-growing, profitable, digital media company that provides AI-driven ad-software solutions. Verve matches global advertiser demand with publisher ad-supply, enhancing results through first-party data from its own content. Aligned with the mission, “Let’s make media better,” the company focuses on enabling better outcomes for brands, agencies, and publishers with responsible advertising solutions, with an emphasis on emerging media channels. Verve’s main operational presence is in North America and Europe. Its shares are listed on the Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The company has three secured bonds listed on Nasdaq Stockholm and the Frankfurt Stock Exchange Open Market.

Read more on company page

Key Estimate Figures2024-03-21

202324e25e
Revenue322.0366.8399.9
growth-%-0.8 %13.9 %9.0 %
EBIT (adj.)76.981.076.9
EBIT-% (adj.)23.9 %22.1 %19.2 %
EPS (adj.)0.150.170.19
Dividend0.000.000.00
Dividend %
P/E (adj.)6.85.04.4
EV/EBITDA3.64.44.3

Forum discussions

Strong results from Magnite https://investor.magnite.com/news-releases/news-release-details/magnite-reports-third-quarter-2026-results
6 hours ago
by Putti
3
Looks like someone or some people really do already know what’s coming in a couple of weeks, considering today is down another 7%, trading volume...
yesterday
by yellowbeak
3
Is Farseer still holding Verve shares, maybe even bought more? At least waiting to see how the elections play out, right?
11/2/2026, 9:47 PM
by Giulio
0
Yeah, in Verve’s case, this kind of -15% drop before earnings feels awfully familiar. Almost without exception, the end result has been a weak...
11/2/2026, 4:23 PM
by Marky Mark
3
Almost as if we’ve seen this steep drop ahead of quarterly results sometime before?
11/2/2026, 2:51 PM
by Handeli
6
Key peers aren’t reporting results until this week, so that’s not the reason for the drop either. Odd timing for the CEO to make insider buys...
11/2/2026, 1:51 PM
by Putti
0
Verve really has such a heavy debt burden that its enterprise value changes much more slowly. Looking at Ende’s website, with a market cap of...
11/2/2026, 1:20 PM
by Critter
1