INNVIBES ADVERTISING: Sustained organic growth of +50% in the 1st half of 2022 – 07/20/2022 at 17:45

Press release

Sustained organic growth of +50% in 1

er

semester of 2022

Paris, July 20, 2022 – Invibes Advertising, an advanced technology company specializing in digital advertising, registers at 1

er

first half of 2022 revenue of €13.1 million with sustained organic growth of +50% compared to the first

er

semester 2021.

Composition of consolidated billing

consolidated data

unaudited, in K€

S1 2022

1st semester of 2021

Δ

Existing countries

(1)

9,978

7,061

+41%

scale up

(two)

2,926

1,633

+79%

New countries (start-ups)

(3)

196

20

x10

TOTAL 1

RE

SEMESTER

13,100

8,714

+50%

(1) France, Spain, Switzerland and ML2GROW

(2) Germany, UK, Italy and Belgium

(3) Sweden, Norway, Denmark, South Africa, Netherlands, United Arab Emirates, Poland and Czech Republic

Fully achieved organically, this strong growth is all the more remarkable as it follows an exceptional performance in the first half of 2021.

All existing countries (France, Spain, Switzerland and ML2Grow) as well as those in the scale-up phase (Germany, United Kingdom, Italy, Belgium) contributed to this 1st performance.

er

semester.

To support this strong momentum, Invibes Advertising continued its investments throughout the period with the aim of increasing its sales force in all these countries. In addition, the 6 countries opened in 2021, now in the start-up phase, are gaining momentum, with established and operational teams that continued to be reinforced with new talent during the first six months, to contribute rapidly and significantly to the growth of the Group.

Finally, the international expansion on which the company’s development has been based since its inception will continue in 2022 with the recently announced opening of two offices in Central and Eastern Europe (Warsaw in Poland and Prague in the Czech Republic).

This very sustained growth rate registered by the Group six-monthly after six-month period may be temporarily slowed down by the current macroeconomic situation if it deteriorates further in the coming months. However, Invibes Advertising’s management remains confident, the Group’s development is based on solid foundations such as the continuous digitization of the advertising market, the increase in its international activity and its great ability to adapt to market changes. These factors have already in the past allowed the Group to show resilience in difficult contexts.

Next release:

Semi-annual results, September 7, 2022, after market

About Invibes Advertising

Invibes Advertising is an advanced technology company specializing in digital advertising. Its innovative solutions are based on an in-feed format, integrated with media content.

Invibes is inspired by advertising on social networks and develops its own technology to help brands communicate better with consumers. Its technology is optimized for distribution to a closed network of media groups including: Bertelsmann, Hearst, Unify, Groupe Marie Claire, Axel Springer and many others. Customers include big brands like Mercedes, Samsung, Levis and IBM.

Founded in 2011, Invibes Advertising is listed on the Euronext Stock Exchange (Ticker: ALINV – ISIN: BE0974299316). Visit www.invibes.com for more information.

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Financial and Corporate Contacts:

Audrey Mela, Vice President of Investor Relations

audrey.mela@invibes.com


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