Release Date: February 27, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
Negative Points
Q & A Highlights
Q : Do you have any comments regarding the short seller's report on AppLovin and its potential impact on Verve Group? A : Remco Westermann, CEO: We generally don't comment on competitors or the validity of such reports. AppLovin operates in a different segment, primarily focusing on game publishers, which is not a significant part of our business. If there are issues, it might lead to growth opportunities for us, but overall, we don't expect significant impact.
Q : The margin for the DSP segment is down year over year. What is causing this decline? A : Christian Duus, CFO: The decline is due to a mix shift in our business channels. We are aggressively pushing full screen and video ads to gain market share, which may temporarily affect margins. Remco Westermann, CEO: We are entering with slightly lower margins to capture market share, but we maintain a strong margin overall.
Q : How much can you keep adding large customers, and when should we expect a slowdown in customer acquisition growth? A : Remco Westermann, CEO: In the short to mid-term, we don't see limitations. We are still a small player in a large market, particularly in the US, which has a $300 billion programmatic market. Scaling existing customers is crucial, but we don't foresee immediate constraints in adding new ones.
Q : Can you comment on your expansion into Asia and Europe? A : Remco Westermann, CEO: While we aim to grow globally, our primary focus remains on the US due to higher prices and faster customer onboarding. We are also expanding teams in Europe, Latin America, and Southeast Asia, but the US remains our main focus.
Q : Is the market share gain coming from a specific competitor, or is it more widespread? A : Remco Westermann, CEO: Market share gains are broad-based, driven by onboarding new advertisers and publishers and proving our value through better targeting and product improvements, particularly in AI and ID-less solutions.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
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