Verve Group SE Achieves Double-Digit Growth Amid Platform Migration Challenges

Verve Group SE reports a 10% increase in net revenue, reaching EUR 106 million in Q2 2025, despite technical challenges. Adjusted EBITDA rises slightly to EUR 29 million, though the margin drops to 28%. The company faced significant operational hurdles due to the unification of its in-app marketplace, completed in July, affecting supply-side activities and revenue intake.

New customer acquisition and scaling existing relationships bolstered revenue, up 82%. The platform's transformation aims to enhance performance and cost efficiency. Despite technical setbacks, Verve retains a robust client base, with a 98% retention rate.

The organization anticipates improved revenues and margins in H2 2025, following its revised net revenue outlook to EUR 485-515 million. The forthcoming Capital Markets Day will provide further insights into Verve Group's strategic trajectory.