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Media and Games Invest SE (MDGIF) will publish its Interim Q1'22 Report on May 31, 2022. Investors are invited to a presentation by CEO Remco Westermann and CFO Paul Echt at 9 am CEST. The event will be accessible via a live webcast and also on-demand through the company's website. MGI, an advertising software platform, has shown remarkable growth with a 77% revenue CAGR from 2018 to 2021, supported by strategic acquisitions and strong organic growth. Interested parties can join via phone or webcast.
Media and Games Invest SE (MDGIF) has successfully completed a pilot project aimed at re-engaging console gamers through Connected TV (CTV), demonstrating a 34% decrease in Costs Per Mille (CPM) and a remarkable 12x higher conversion rate compared to other channels.
This innovative approach is expected to enhance customer lifetime value and solidify the company's position in the growing CTV market, projected to expand significantly over the coming years. MGI's unique Ad-Software-Platform is poised to unlock substantial enterprise value for gaming companies, illustrating its commitment to leveraging cross-channel advertising strategies.
Media and Games Invest SE (MDGIF) reported preliminary financials for Q1 2022, showcasing a 27% revenue increase to EUR 65.9 million and a 30% rise in adjusted EBITDA to EUR 17.6 million, surpassing its full-year guidance. The company's growth was primarily organic, with the adjusted EBITDA margin slightly increasing to 27%. Over the last twelve months, total revenue reached EUR 266.1 million. Investments in personnel aim to bolster long-term growth in its advertising and gaming segments.
Media and Games Invest SE reported strong financial results for Q4 2021, with net revenues of 80.2 mEUR, a 65% increase from Q4 2020, driven by 36% organic growth and acquisitions. The company achieved an adjusted EBITDA of 23.3 mEUR (up 131%) and a margin of 29%. For FY 2021, total revenues reached 252.2 mEUR (+80%), exceeding guidance, while adjusted EBITDA totaled 71.1 mEUR (+144%). Looking ahead, 2022 guidance estimates revenues between 290-310 mEUR.
Media and Games Invest SE (MDGIF) plans to relocate its registered office and headquarters from Malta to Sweden, aiming for completion by January 2023. This move follows the company's 2020 listing in Sweden and aims to enhance governance and appeal to more investors. The Board will implement new Committees in accordance with Swedish Corporate Governance Code, increase Board members, and split the CEO and Chairman roles. This transformation is motivated by Malta's grey-listing by FATF, which may have raised the risk premium on MDGIF's shares. The relocation is expected to improve access to capital markets.
Verve Group has announced the successful beta launch of its innovative advertising targeting solution, ATOM, which enhances user targeting without relying on IDFA. The solution achieved over a 28% increase in click-through rates and a 15% improvement in effective cost per mille for publishers compared to non-IDFA campaigns. With positive feedback from industry leaders, ATOM is set for commercial rollout, backed by significant investment growth. The company aims to secure a patent for ATOM as it continues to evolve its capabilities in response to market changes.