Azerion Results Presentation Deck slide image

Azerion Results Presentation Deck

Financial update Q3 2023: Platform growth and improved efficiency driving profitability growth of "48% YoY ~€109m Net revenue Q3 2023 ~€18m Adj. EBITDA Q3 2023 azerion +3% vs Q3 2022 +48% vs Q3 2022 Net revenue up approximately 3% in Q3 2023 YOY Mainly driven by Platform growth, particularly from Direct sales, and the integration of previous acquisitions Adjusted EBITDA grew just under 48% in Q3 2023 YoY Significant improvement in Adjusted EBITDA margin to 16.9% Q3 2023, compared to 11.8% in Q3 2022 Driven by increased Platform revenue and contribution from Direct sales, continued integration of previous acquisitions and ongoing cost optimisation 19
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