Verve Group reports solid organic growth in the first quarter, along with strong operating performance and significant cash flow growth

• Revenue (like-for-like) increases 3.7 percent to EUR 137.2 million in Q1 2026, with organic growth of 6.4 percent
• Gross margin (like-for-like) of 41.0 percent, showing continued structural improvement year-on-year
• Adj. EBITDA of EUR 28.3 million reflects growth investments in sales-team ramp-up and product innovations, as forecasted
• Operating cash flow records significant growth in the first quarter to EUR 45.2 million

Stockholm, 27 May 2026 – Verve Group SE (ISIN: SE0018538068), a global leading advertising technology company, posted solid growth in the first quarter of 2026 compared to a strong prior-year quarter. As in the fourth quarter of 2025, the enhanced performance of the optimized technology platform, coupled with an increased focus on the use of AI, drove a significant rise in gross margin. Continued growth investments, above all in a significant expansion of the sales team and the recently announced further build-out of its ‘Retail Media’ activities, are leading to increased personnel and data costs that temporarily impact profit margins, in line with the Company’s guidance for the first half of 2026 in its full-year outlook.