MGI - Media and Games Invest SE
MDGIF
Other OTC1.67
USD
- -
- -
Return %
Stock
S&P500
1Y
-50.45
18.21
3Y
-50.45
63.29
5Y
-50.45
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Remco Westermann
- Full Time Employees
- 800
- Sector
- Technology
- Industry
- Software - Application
- Address
- St. Christopher Street 168 Valletta Malta VLT 1467
- IPO Date
- Jul 13, 2021
- Website
- mgi-se.com
- Similar Companies
- Business
- Verve Group SE (formerly Media and Games Invest SE, ticker: MDGIF), a technology-driven digital media company, operates a fast-growing, profitable ad-software platform that connects global advertiser demand with publisher ad-supply, enhancing outcomes through first-party data from its own content and AI-driven solutions; the platform enables programmatic buying and selling of ad space across emerging channels including mobile in-app, mobile web, connected TV (CTV), digital out of home (DOOH), audio, and retail media. Core offerings encompass demand-side tools for advertisers and agencies such as audience curation, on-device ID-less targeting via ATOM 3.0 and Moments.AI, user acquisition campaigns without cookies or persistent IDs, and premium inventory access; supply-side solutions for publishers include open-source monetization tools, SDK integration for over 20,000 apps reaching 2.5 billion connected devices, and privacy-compliant targeting to maximize revenue in a post-cookie environment. The company maintains a portfolio of casual and premium games with approximately 100 million registered players, supporting first-party data strategies, and targets brands, agencies, publishers, and app developers primarily in North America (nearly 70% of revenue) and Europe, with over 1,000 employees across 15+ global locations including Stockholm, New York, Berlin, London, and Bangalore. Verve Group SE, originally rooted in gamigo AG founded in 2000 and restructured under CEO Remco Westermann's acquisition in 2012, evolved from a games publisher into a programmatic advertising leader through over 40 accretive acquisitions since 2018; it is headquartered in Stockholm, Sweden (registration number 517100-0143 as a Societas Europaea), with shares listed on Nasdaq First North Premier Growth Market (ticker: VER) and Frankfurt Stock Exchange Scale segment (ticker: VRV/M8G). In June 2024, the company rebranded from Media and Games Invest SE to Verve Group SE following Annual General Meeting approval, signaling a sharpened focus on its "Let's make media better" mission emphasizing responsible, privacy-first advertising in emerging channels with AI and machine learning integration. Recent strategic expansions include the June 2024 acquisition of Jun Group for EUR 170 million, a mobile-first digital advertising firm that boosted pro forma 2024 revenues to EUR 447 million and adjusted EBITDA to EUR 151 million while enhancing demand-side scale with 52% margins and significant synergies; September 2025 purchases of Captify (EUR 25.6 million) for onsite search datasets and top-tier UK demand accounts adding EUR 41 million annualized revenue, and acardo group AG to broaden European market reach with EUR 3.5-4.5 million 2025 revenue contribution. These moves, alongside 35.7% record revenue growth to EUR 437 million in 2024 (33% CAGR over four years, 30% adjusted EBITDA margin), underscore ongoing M&A-driven transformation and organic double-digit expansion amid ad market recovery.