DGAP-News: Media and Games Invest SE / Key word(s): Quarter Results/Quarterly / Interim Statement
Media and Games Invest SE: presents Q1 2022 report with 27% overall and 18% Organic Revenue Growth and a 26% increase in Software Clients
31.05.2022 / 08:10
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Media and Games Invest SE: presents Q1 2022 report with 27% overall and 18% Organic Revenue Growth and a 26% increase in Software Clients
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Net Revenues amounted to 65.9 mEUR in Q1’22 (Q1’21: 51.9 mEUR), which is an increase of 27%, largely driven by the Organic Revenue Growth1 of 18%.
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Adj. EBITDA2 amounted to 17.6 mEUR in Q1’22 (Q1’21: 13.5 mEUR), which is an increase of 30% driven by economies of scale and, amidst record investments in new personnel.
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The total Software Clients grew quarter on quarter by 26% which supports long-term organic growth prospects as these clients will scale revenues over time.
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The Net Dollar Expansion Rate of the existing Software Clients above 100k revenues per year amounted to 125%, which showcases that clients increase their wallet…
