Web Media Group AD
BBSEBG:WMG0.81
EUR
0.00
(0.00%)
ISIN
BG1100017059
Return %
Stock
S&P 500
1Y
0.27
14.20
3Y
-3.99
81.12
5Y
21.86
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Commercial services
- Industry
- Advertising/Marketing services
- Address
- Sofia Bulgaria
- IPO Date
- Jun 29, 2005
- Website
- wmg.bg
- Similar Companies
- Business
- Web Media Group AD is a digital media, online publishing, and e-commerce company headquartered in Sofia, Bulgaria. Founded in 2005, the company operates as a subsidiary of New Web Market EAD and is publicly listed on the Bulgarian Stock Exchange under the ticker symbol WMG. The company specializes in digital content creation, online news dissemination, digital marketing solutions, and direct-to-consumer electronic commerce, serving individual consumers, institutional readers, and corporate advertisers primarily across the Bulgarian domestic market. The company operates across two core business segments: Digital Media & Advertising and E-Commerce Services. Its digital media and publishing portfolio encompasses multiple specialized online portals, including News.bg, a news platform covering national and international political, social, and economic developments; Money.bg, a business and financial portal delivering economic analysis, capital market insights, corporate news, and personal finance coverage; Topsport.bg, a dedicated sports platform providing live match reporting, commentary, and news across football, basketball, tennis, and international athletics; Lifestyle.bg, an entertainment and lifestyle magazine focusing on culture, cinema, fashion, travel, and modern trends; Infostock.bg, a financial portal offering market statistics and investor-focused economic reporting; and Mamamia.bg, a digital platform tailored to family, parenting, and health topics. To monetize and support its media assets, the company offers commercial digital advertising and marketing services, including display advertising, native advertising, programmatic media placements, sponsored content integration, brand promotion campaigns, and digital software development solutions for commercial clients and media agencies. In the e-commerce sector, the company operates Gladen.bg, an online food ordering and home delivery platform; Shop.Gladen.bg, a digital retail store for food items and packaged household goods; and Limon.bg, a specialized web store providing delivery of packaged foods, beverages, and grocery products. In recent corporate developments, Web Media Group AD executed a capital management initiative through the implementation of a share repurchase programme on the Bulgarian Stock Exchange, authorizing the buyback of up to 3 percent of its equity capital, representing up to 235,000 shares, scheduled to run through September 2025 to optimize capital allocation. The company has also experienced strategic shifts in its institutional ownership structure, highlighted by pension insurance fund Saglasie expanding its equity stake to 6.97 percent. Operationally, the group has continued to execute strategic enhancements across its web infrastructure, upgrading mobile user experience, advancing digital programmatic advertising integrations across its editorial network, and streamlining logistics for its online retail and grocery delivery platforms.