ad pepper media Reports Record Q3 EBITDA and Reaffirms Full-Year Guidance

Digital marketing group ad pepper media International N.V. (XETR:APM) posted a 17 percent increase in third-quarter revenue to 18.02 million euros, driven by expansion in its platform operations. Group earnings before interest, taxes, depreciation, and amortization reached a record 1.35 million euros for the third quarter, up from 1.18 million euros in the prior-year period. Stripping out contributions from Checkout Charlie, organic revenue rose around 8 percent.

The performance was anchored by the solute segment, where revenue climbed over 24 percent to 14.39 million euros and segment earnings reached 1.48 million euros. Meanwhile, revenue in the Webgains segment fell 5 percent to 3.63 million euros due to soft ad pepper activities, though its core affiliate operations grew 6 percent. For the first nine months of the year, group revenue rose nearly 80 percent to 53.84 million euros, while nine-month operating earnings almost tripled to 4.46 million euros.

With results running ahead of initial planning, management confirmed its full-year earnings forecast range of 6.5 million to 7.5 million euros, noting that performance currently trends toward the upper half of that target. The company holds 28.15 million euros in cash reserves with no financial debt. Investors will see the complete third-quarter report when it is published on November 20, 2026.