ISPD: pro forma revenue up 26% in the first half of 2022

ISPD: pro forma revenue up 26% in the first half of 2022

Madrid, July 28, 2022 – 8:00 a.m. – ISPD (ISIN ES0109429037), a global cognitive marketing group, today presents its consolidated and pro forma revenue for the period ending June 30, 2022.

• 1. Excluding Intra-group turnover: €3.77 million
  2. Revenue minus volume discounts on advertising sales
  3. 2021 pro forma revenue calculated by reintegrating the €11.6 million in sales of advertising space in Mexico, invoiced directly to customers by the publisher since the second half of 2021 under the new law on advertising transparency
• The magnificent trajectory of this first half confirms once again the success of the integration of Rebold carried out 2 years ago, resulting in organic growth of 68% of our revenues over 2 years. We have implemented the necessary measures and changes to adapt our offer to the needs of the European market. Some of these changes are the refresh of our Rebold agency and a simplified offer to our clients. » says Andrea Monge, CEO of ISPD.

First Half Financial Highlights _____________________________________________________________

• Consolidated net revenue of €45.3m and €56.9m pro forma, representing growth of 26% compared to H1 2021.
• Breakdown of revenue by market: USA 49% (43% in H1 2021), Latin America 31% (29% in H1 2021), Europe 20% (28% in H1 2021). The 80/20 split between the Americas and Europe remains the same as in fiscal year 2021, reflecting an upturn in activity in Europe compared to H2 last year.
• Business growth driven, as in 2021, by Digital Media Trading services (+35% to €57.1m pro forma).
• Moderate drop in editing (-6% to €2.9 million) and the Technologies and Marketing Services divisions (-10% to €6.2 million) which are stabilizing with the recovery of activity in Europe.

Outlook _____________________________________________________________________________

Despite the current politico-economic context, the lack of visibility and the uncertainty it generates, the ISPD does not currently perceive any substantial changes in the evolution of its activities for the second half of the year.

ispd.com | @ispdglobal

Next meeting: 2022 half-year results, October 13, 2022 (before trading)

About ISPD

ISPD is a cognitive marketing group that redefines the relationship between people and brands. We blend cognitive science and creativity to provide our clients with end-to-end capabilities across our agency network. Our 500+ multidisciplinary experts from research, data science, strategic planning, creative storytelling, customer marketing, gaming, media, technology solutions and consulting deliver breakthrough results to our clients . Visit us at ispd.comto learn more.

contacts

ispd.com | @ispdglobal