- Business
- Verve Group SE (formerly MGI - Media and Games Invest SE; Ticker: M8G.ST/VER/VRV), a leading digital media company, operates a fast-growing, profitable AI-driven ad-software platform that connects global advertiser demand with publisher ad-supply across emerging channels including mobile in-app, connected TV (CTV), digital out-of-home (DOOH), mobile web, audio, and retail media; the platform leverages proprietary first-party data from owned games content, innovative contextual solutions such as ATOM and Moments.AI, ID-less targeting technology for privacy-compliant advertising without cookies or IDFA, and programmatic tools like supply-side platform (SSP) capabilities to enable efficient buying and selling of ad space on over 2.5 billion connected devices with more than 940 billion annual ad impressions for over 1,000 software clients. Verve Group SE maintains its primary operational presence in North America, where nearly 70% of revenues originate, and Europe, with over 1,000 employees across more than 15 locations worldwide including key offices in Stockholm, New York, and Berlin. Founded through the 2012 acquisition and restructuring of gamigo AG, a German games publisher, by current CEO Remco Westermann, the company is registered as a Societas Europaea in Sweden (registration number 517100-0143) with headquarters effectively in Stockholm; its shares trade on Nasdaq First North Premier Growth Market in Stockholm and the Frankfurt Stock Exchange Scale segment, supported by listed secured bonds. In a major strategic shift, Verve Group SE rebranded from MGI - Media and Games Invest SE in June 2024 following Annual General Meeting approval, completing its transformation from games-rooted origins into a pure-play digital media and ad-tech leader with over 80% of revenues now from advertising; recent developments include the summer 2024 acquisition of Jun Group, a technology firm enhancing growth with targeted €9 million synergies in 2025 and medium-term potential up to €30-40 million annually, alongside H1 2025 acquisitions of Captify and Acardo to bolster capabilities, driving record FY 2024 revenue of €437 million (up 35.7% including 24% organic growth), a 33% four-year revenue CAGR, 30% adjusted EBITDA margin, and double-digit organic expansion into 2025 fueled by ID-less solutions and robust U.S. market demand.