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Invibes Advertising N.V. (ALINV.PA)

Paris - Paris Delayed price. Currency in EUR
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13.70-0.70 (-4.86%)
At close: 5:27PM CEST
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Previous close14.40
Open14.40
Bid0.00 x 0
Ask0.00 x 0
Day's range13.70 - 14.40
52-week range6.00 - 16.00
Volume858
Avg. volume5,467
Market cap39.854M
Beta (5Y monthly)-0.06
PE ratio (TTM)177.92
EPS (TTM)0.08
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Globe Newswire

    Invibes Advertising : Organic growth of +98% in first-quarter 2021.

    Press release Organic growth of +98% in first-quarter 2021 London, 28 April 2021 – Invibes Advertising, an advanced technology company specialised in digital advertising, reports organic growth of +98% for first-quarter 2021. Unaudited consolidated data, in €kQ1 2021Q1 2020ΔConsolidated revenue3,4451,738+98% The remarkable quarterly performance is the result of a strategy relying on the major strategic drivers that fuel the Group’s growth. Continued innovation with the roll-out of the Invibes ID Network to challenge Web giants The Invibes ID Network launched by Invibes Advertising is based on the same principle as Unified ID Solutions. The aim of the new network is to provide an alternative to third-party cookies (to be discontinued in early-2022) that enables advertisers to continue disseminating targeted ads, use hash emails that website visitors agree to communicate, and analyse users’ browsing behaviour between several sites. With the new project, Invibes Advertising will be able to challenge Web giants through its technological prowess, its ability to unify a dense international network, and its firepower in identifying and targeting internet users, in compliance with the General Data Protection Regulation (GDPR). The initial integrations are under way in France and international implementation is planned for second-quarter 2021. Boosted value proposal for brands and agencies The sales momentum of Invibes Advertising gathered steam in the first quarter, driven by ever increasing visibility with major international brands and agencies. Invibes Advertising led numerous ad campaigns over the period, including for Chanel, Deutsche Telekom, Amazon, Disney+, LinkedIn, Johnson & Johnson, Beiersdorf, Nespresso, Dyson, Amazon, Orange, Samsung, Audi, Barilla, Unicredit, BMW, MaxMara, the UK Government, The Very Group, Microsoft, Lionsgate and Panasonic. The unique value proposal of the Company’s offering, as well as its strong reputation on the European digital advertising markets, non-stop innovation ability and the quality of its teams, will be strong catalysts of future growth. Outlook Based on a proprietary technological platform integrating data and artificial intelligence to ensure enhanced targeting for its customers and maximum efficiency for their campaigns, the strategy of Invibes Advertising is starting to produce results. In addition to a sharp rise in the number of customers in the last few months, the average basket has also continued to increase substantially. On the strength of these performances, and given its solid financial structure, Invibes Advertising is confident that it will maintain a sustained pace of growth in 2021, as it did consistently before the health crisis. About Invibes Advertising Invibes Advertising is an advanced technology company that specializes in digital advertising. Its innovative solutions are supported by an in-feed format that’s integrated into media content. Invibes is inspired by social network advertising and develops its own technology to help brands better communicate with consumers. Its technology is optimized for distributing in a closed network of media sites, including: Bertelsmann, Hearst, Unify, Groupe Marie Claire, Axel Springer, and many others. Clients include major brands such as Mercedes, Samsung, Levis, and IBM. Founded in 2011, Invibes Advertising is a listed company on the Euronext Paris stock exchange (Ticker: ALINV – ISIN: BE0974299316). Visit www.invibes.com for more information. For our latest press releases, go to:https://www.invibes.com/uk/uk/investors.html Keep up with all the latest news on Invibes Advertising:LinkedIn @Invibes Advertising Twitter @Invibes_adv Financial & Corporate Contacts: Invibes Advertising Kris Vlaemynck, CFO kris.vlaemynck@invibes.com Listing SponsorAtout CapitalRodolphe Ossolarodolphe.ossola@atoutcapital.com+ +33 (0) 1 56 69 61 80 Group Investor RelationsActifinAlexandre Commerot acommerot@actifin.fr + +33 (0) 1 56 88 11 11 Financial Media RelationsActifinJennifer Julliajjullia@actifin.fr+ +33 (0) 1 56 88 11 19 Attachment 2021 04 28 - PR - Invibes Advertising - EN

  • Globe Newswire

    Invibes Advertising announces a successfully capital increase through private placement of €5m.

    Press release Invibes Advertising announces a successfully capital increase through private placement of €5m Private placement carried out at €9.50 with Generis Capital Partners, NextStage AM and other private investors (the “Investors”) for €5m;Limitation, if not potential outright cancellation, of dilution via a buyback option mechanism granted to Invibes Advertising by the Investors at a price ranging from €12.47 to €15.0, determined according to the holding period;A potential bonus on the last price, up to a maximum of 54.5%. London, 20 April 2021 – Invibes Advertising, an advanced technology company specialising in digital in-feed advertising, has today announced the success of a capital increase carried out through private placement, without pre-emptive rights, in the amount of €5m, reserved for the qualified investors (the “Investors”) referred to in Article L.411-2 1° of the French Monetary and Financial Code. As a result of the Transaction, 526,324 new ordinary shares (the “New Shares”) were issued, i.e. 15.3% of the Company’s post-Transaction share capital, at a price per share of €9.50 (including additional paid-in capital), representing a discount of 6,02% on the average volume-weighted price of the Invibes Advertising share on the Euronext Growth Paris market over the last 5 trading sessions before the price was set. Nicolas POLLET, CEO and Co-Founder of Invibes Advertising stated: “I would like to thank the Investors for placing their trust in us by taking part in this capital increase. These funds will be used to accelerate our development plan in the digital advertising market, which has remained buoyant since the start of the year. Our business model has proved highly resilient during the trying COVID-19 crisis. We are now focused on ramping up our geographic expansion, reassured in the choices we have made with the support of clients regularly releasing pan-European campaigns. We are also forging ahead with our investments in our technological platform, particularly on data to further improve RoI for our clients and expand our independence from GAFAM.” Use of funds raised Invibes Advertising plans to use the funds raised from the capital increase as additional financial resources to ramp up its development in three strategic areas: €1.5m to fund its organic international expansion in a bid to extend its geographic coverage to Nordic countries, Northeastern Europe, Russia, etc. By expanding its geographic footprint, Invibes Advertising will be able to strengthen its pan-European organisation to meet the expectations of brands and major international advertisers, seeking a company capable of offering them digital advertising solutions managed all across Europe. €1.5 m to fund R&D (Artificial Intelligence, Big Data) and develop the new Invibes ID Network, based on the same principle as Unified ID Solutions, an open-source project launched by The TradeDesk in 20201. The aim of the network is to offer an alternative to third-party cookies, set to be discontinued by end-2022, to allow advertisers to continue releasing targeted ads, rely on e-mails that website visitors agree to send, and analyse the browsing habits of users on multiple sites. With this new project, Invibes Advertising will be able to compete with GAFAM in terms of technological command, capacity for federating a dense international network, and firepower when it comes to identifying and targeting internet users. €2.0m earmarked for external growth opportunities. Invibes Advertising plans to focus in particular on targets holding key technological building blocks in the fields of Artificial Intelligence and Big Data, in order to generate potential synergies with these areas of expertise and expand its databases to further improve the effectiveness and interactivity of its campaigns. Features of the private placement The capital increase was carried out, without pre-emptive rights, for the qualified investors (under an offering within the meaning of Article L.411-2 1° of the French Monetary and Financial Code) of New Shares (the “Offering”), in accordance with the decisions taken by the Company’s Board of Directors. A total of 526,324 New Shares, with a nominal value of €9.50, representing 15.3% of the Company’s post-Offering share capital, was issued to existing shareholders and new Investors: Funds managed by Generis Capital Partners, with 47,369 new ordinary shares issued for a subscription amounting to €0.45m;Funds managed by NextStage AM, with 315,787 new ordinary shares issued for a subscription amounting to €3.00m; Other private investors, receiving 163,168 new ordinary shares, amounting to €1.55m. The issue price of the New Shares was set at €9.50 per share, representing a discount of 6.02% on the average volume-weighted price of the Invibes Advertising share on the Euronext Growth Paris market over the last five trading sessions before the price was set. The settlement-delivery of the New Shares and their admittance to trading on the Euronext Growth Paris market are scheduled for early May 2021. The New Shares will be subject to all provisions set out in the by-laws and will be considered equivalent to existing shares upon completion of the capital increase. They will be eligible for dividends and will be admitted to trading on the Euronext Growth Paris market on the same quote line as the Company’s already listed shares under the same ISIN code, BE0974299316 – ALINV. Limited dilution mechanism/New Share buyback option granted to Invibes Advertising This €5m capital increase is potentially non-dilutive for the shareholders of Invibes Advertising because the Company has the option, in accordance with the conditions set out below, to repurchase all of the New Shares issued to the Investors. If exercised in full, the option would allow the Company to purchase the 526,234 New Shares for the purpose of subsequently cancelling them and eliminating the initial dilution. Consequently, Invibes Advertising has undertaken not to exercise its buyback option for a period of 24 months after the settlement-delivery date of the private placement (i.e. until 20 April 2023 inclusive), subject to certain exceptions. All Investors having taken part in the private placement have undertaken to hold their shares for a period ending 24 months after the settlement-delivery date of the private placement (i.e. until 20 April 2023 inclusive), subject to certain exceptions. As from the 25th month and until the 32nd month following the settlement-delivery date of the private placement, Invibes Advertising will have the option, at its discretion, of repurchasing up to 100% of the New Shares issued for the private placement, at a price determined on the basis of an IRR of 14%, from the Investors, who shall accept. As from the 33rd month and until the 44th month following the settlement-delivery date, this buyback option will be limited to 55% of the Shares, under the same buyback conditions. From the 1st month following the settlement-delivery date of the private placement, Invibes Advertising will be entitled to transfer this buyback option to any person or entity of its choosing. Distribution of share capital The Company’s post-Transaction share capital is comprised of 3,435,406 shares. For information purposes, the equity interest belonging to a shareholder owing 1% of the Company’s share capital prior to the Offering is reduced to 0.85%. Subsequent to the capital increase, the founders own 26.8% of the Company’s share capital. Invibes Advertising was advised for the purposes of this capital increase by Atout Capital. In accordance with the provisions of Article 211-3 of the AMF General Regulation, the Company’s Offering of New Shares through this private placement did not give rise to a prospectus subject to AMF approval. Detailed information about Invibes Advertising particularly as regards its business, results and related risk factors, is provided in the annual financial report for the fiscal year ended 31 December 2020. This document is available together with other regulated information and all of the Company’s press releases, on its website (https://www.invibes.com/fr). Next release: Q1 2021 revenue on 28 April 2021, after market. About Invibes Advertising Invibes Advertising is an advanced technology company that specializes in digital advertising. Its innovative solutions are supported by an in-feed format that’s integrated into media content. Invibes is inspired by social network advertising and develops its own technology to help brands better communicate with consumers. Its technology is optimized for distributing in a closed network of media sites, including: Bertelsmann, Hearst, Unify, Groupe Marie Claire, Axel Springer, and many others. Clients include major brands such as Mercedes, Samsung, Levis, and IBM. Founded in 2011, Invibes Advertising is a listed company on the Euronext Paris stock exchange (Ticker: ALINV – ISIN: BE0974299316). Visit www.invibes.com for more information. For our latest press releases, go to:https://www.invibes.com/uk/uk/investors.html Keep up with all the latest news on Invibes Advertising:LinkedIn @Invibes Advertising Twitter @Invibes_adv Financial & Corporate Contacts: Invibes Advertising Kris Vlaemynck, CFO kris.vlaemynck@invibes.com Listing SponsorAtout CapitalRodolphe OSSOLArodolphe.ossola@atoutcapital.com+33 (0) 1 56 69 61 80 Group Investor RelationsActifinAlexandre Commerot acommerot@actifin.fr +33 (0) 1 56 88 11 11 Financial Media RelationsActifinJennifer Julliajjullia@actifin.fr+33 (0) 1 56 88 11 19 1 https://www.thetradedesk.com/us/about-us/industry-initiatives/unified-id-solution-2-0 Attachment 2021 04 20 - PR - Invibes Advertising - EN

  • Globe Newswire

    Invibes Advertising : Remarkable 2020 annual results.

    Press release Remarkable 2020 annual results High level of EBITDA in a context of continued investments Strengthened financial structure to support growth London, 22 March 2021 – Invibes Advertising, an advanced technology company specialising in digital in-feed advertising, is today publishing its audited 2020 annual results. Audited consolidated data, in €k20202019ΔRevenue11,5309,699+19%Purchasing and external expenses(6,285)(5,460)+15%Personnel expenses(3,861)(2,869)+36%EBITDA 11,3841,370StableDepreciation, amortisation, and provisions(814)(656)+24%Operating income570717-21%Financial income (expense)(262)(133)NANon-recurring profit (loss)-23NANet income/loss274591-54% Revenue grew by 19% in 2020, much higher than its European market Invibes Advertising recorded consolidated revenue of €11,530k in 2020, with organic growth of 19%. This is a remarkable performance given that the display and video markets posted declines in all European markets in which the Group operates. Stronger sales momentum despite the health crisis Despite the impact of the health crisis in the second quarter, sales momentum recovered quickly and gained in strength during the third quarter thanks to the fact that several major international brands selected Invibes Advertising formats to intensify their communication during these exceptional times. More than 400 announcers used Invibes Advertising in 2020, opting for its non-intrusive advertising formats which generate an increased commitment from the user to the benefit of the brand and its image. International brands from all sectors used Invibes Advertising solutions for their advertising campaigns, in particular: Automotive: Audi, BMW, Honda, Mercedes, Toyota, Volkswagen, etc.;Retailers: Carrefour, Decathlon, ebay, Lego, Metro, Monoprix, etc.;Agrifood: Barilla, Coca-Cola, Domino’s Pizza, Ferrero, McDonalds, Nestlé, etc.;IT: Asus, Canon, Dell, IBM, HP, Samsung, etc.;Financial services: Allianz, Axa, ING, Mastercard, Orange Bank, Visa, etc.;Fashion/luxury goods: Cartier, Chanel, H&M, Lacoste, Levis, Moncler, Swarovski, etc.;Beauty/healthcare: Bayer, Bioderma, Estée Lauder, Johnson & Johnson, Sephora, The Body Shop, etc.;Transport: Air France, Emirates, Japan Airlines, Lufthansa, SNCF, etc.;Entertainment: Amazon, Blizzard Entertainment, Disney, HBO, Netflix, Playstation, etc.;Home/garden: BoConcept, DeLonghi, Ikea, Leroy Merlin, Nexity, Velux, etc.;Services: Aegon, Facebook, O2, Tinder, Randstad, Vodafone, etc.;Spirits: Bacardi, Campari, Jägermeister, Negrita, The Macallan, Champagne Palmer&Co, etc. To back up this momentum, and as announced, Invibes Advertising launched its pan-European offer with the first multi-country campaigns for two new clients: Moncler and Blizzard Entertainment, confirming demand from major international brands for a player with the capacity to propose solutions for rolling out Europe-wide advertising campaign. Continued expansion in Europe In 2020, the Group consolidated its geographical footprint in Europe and forged ahead with international expansion, with three new markets: Italy, Benelux and the UK. Invibes Advertising now operates in seven of Europe's main markets (France, Spain, Germany, Switzerland, the UK, Italy and Benelux). Record Reach among leading audiences in France With a network of 800 website publishers totalling 200 million unique visitors, Invibes Advertising registered a record Reach in 20202 in France of 46.2 million unique visitors, based on the most recent Médiamétrie//Netratings global internet rankings published for December 2020. This excellent reach puts Invibes Advertising closely in the footsteps of giants like Facebook and YouTube, which boast 48.1 million and 46.9 million unique visitors respectively. These excellent results are testament to the power of Invibes Advertising’s innovative advertising offer, which it deploys across the best audience intersections, and they confirm the company’s strategy to speed up and pursue innovation to boost interactivity and engagement with web users. 100-employee milestone topped in Europe To support its strong growth and international expansion, Invibes Advertising continued to strengthen its teams by bringing in top talent across Europe to ensure it is in the best possible position to step up development. As such, during the third quarter of 2020, Invibes Advertising’s group headcount topped 100 employees. It recruited a total of 24 new employees in 2020, mostly salespeople, bringing the total headcount to 106 employees at the end of 2020, compared with 86 at the end of 2019. A high level of EBITDA maintained while continuing to invest internationally Against a backdrop of team structuring to support international development, personnel expenses rose by 36% and external expenses rose by 15% over the year. Nevertheless, despite an increase in investment to boost long-term growth, the Company succeeded in keeping a high level of EBITDA, at €1,384k, stable in relation to 2019. After taking into account a depreciation and amortisation charge of €814k, Invibes Advertising recorded operating income of €570k. Net income was positive at €214k. Strengthened financial structure to support growth To finance its development and continue investing in future growth, Invibes Advertising strengthened its financial structure in 2020 following the finalisation in March of the second tranche of the €1.5m reserved capital increase. It therefore had net cash3 of €3.9m at the end of December 2020, versus €2.4m at the end of June 2020. Expected return to a stronger pace of growth in 2021 Despite the health crisis linked to the Covid-19 epidemic, 2020 enabled Invibes Advertising to maintain double-digit revenue growth. In 2021, Invibes Advertising is confident it will see a gradual return to a stronger pace of growth, similar to pre-crisis levels. To this end, Invibes Advertising will draw on the power of its geographical footprint in Europe, and the strength of the markets it recently captured (the UK, Italy, Benelux) as well as the strong growth potential of countries in which it is already established, such as Germany. The Group will also continue to capitalise on its fundamentals: Solutions with performance well above other offerings in the market;A commercial presence in the seven main European countries, enabling it to take a cross-business and pan-European approach to its advertising campaigns, which meets the expectations of major international brands;Ongoing innovation enabling it to offer non-intrusive formats that are constantly being updated and improving in performance;An increasingly dense network of European publishers that offer unequalled reach for its campaigns;A constantly growing portfolio of loyal clients convinced that Invibes Advertising’s solutions will deliver results well above market standards. Next release: Q1 2021 revenue on 28 April 2021, after market. About Invibes Advertising Invibes Advertising is an advanced technology company that specializes in digital advertising. Its innovative solutions are supported by an in-feed format that’s integrated into media content. Invibes is inspired by social network advertising and develops its own technology to help brands better communicate with consumers. Its technology is optimized for distributing in a closed network of media sites, including: Bertelsmann, Hearst, Unify, Groupe Marie Claire, Axel Springer, and many others. Clients include major brands such as Mercedes, Samsung, Levis, and IBM. Founded in 2011, Invibes Advertising is a listed company on the Euronext Paris stock exchange (Ticker: ALINV – ISIN: BE0974299316). Visit www.invibes.com for more information. For our latest press releases, go to:https://www.invibes.com/uk/uk/investors.html Keep up with all the latest news on Invibes Advertising:LinkedIn @Invibes Advertising Twitter @Invibes_adv Financial & Corporate Contacts: Invibes Advertising Kris Vlaemynck, CFOkris.vlaemynck@invibes.com Listing SponsorAtout CapitalRodolphe OSSOLArodolphe.ossola@atoutcapital.com+ +33 (0) 1 56 69 61 80 Group Investor RelationsActifinAlexandre Commerotacommerot@actifin.fr + +33 (0) 1 56 88 11 11 Financial Media RelationsActifinJennifer Julliajjullia@actifin.fr+ +33 (0) 1 56 88 11 19 1 EBITDA = Earnings before interest, tax, depreciation, amortisation and provisions. 2 Reach refers to the capacity to capture a very large audience. The Invibes Advertising platform manages the real-time display of several advertisements on tens of millions of pages being viewed per day. 3 Cash and cash equivalents less financial liabilities with a maturity of over one year Attachment 2021 03 22 - PR - Invibes Advertising - EN