Azerion Results Presentation Deck
Financial update
Platform - integration synergies delivering strong profitable revenue growth
84
239
all
Ytd '22
Q3 '22
23.9
5.3
4.3
+8%
Q3 '22
32.8
5.3
azerion
Q3 '23
5.4
Q4 '22
Financial performance
30.0
7.1
+17%
Operational performance¹
5.1
Q1 '23
36.3
6.9
280
6.1
Q2 '23
Ytd '23
30.4
6.8
5.4
Q3 '23
Net Revenue
Adjusted EBITDA
Publisher
monetisation
services digital ads
sold (bn)
Advertiser auction
platform digital ads
sold (bn)
Avg. Gross Revenue
per Million processed
Ad Requests from
advertising auction
platform (€)
Net revenue in Q3 2023 increased approximately 8% year on year. Net revenue
YTD 2023 increased approximately 17% year on year
Adjusted EBITDA in Q3 2023 increased approximately 88% in Q3 2023 year on
year. Adjusted EBITDA YTD increased approximately 78% in 2023
Driven primarily by increased contribution from Direct sales and the continued
integration of previous acquisitions and ongoing cost optimisation
Average digital ads sold per month increased to 12.2 bn in Q3 2023 from 9.6 bn
in Q3 2022, approximately 27% increase.
Average gross revenue per million processed ad requests grew to approximately
EUR 30.4, also an increase of around 27% year on year.
¹Avg. Gross Revenue per Million processed Ad Requests from advertising auction platform (€). For further details see full text in Q3 2023 Interim Unaudited Financial Results press release
All figures in EURm unless otherwise indicated
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