DGAP-News

Fyber N.V.: publishes Annual Report 2020 & preliminary numbers for Q1 2021

DGAP-News: Fyber N.V. / Key word(s): Annual Report/Annual Results Fyber N.V.: publishes Annual Report 2020 & preliminary numbers for Q1 2021 30.04.2021 / 19:11 The issuer is solely responsible for the content of this announcement. Fyber N.V. publishes Annual Report 2020 & preliminary numbers for Q1 2021 76% revenue growth in 2020 year-over-year and 179% in Q1 2021 Updated guidance: Expecting at least 50% revenue growth to above €300 million in 2021

Key Facts

- 76% revenue growth in 2020 to €210 million

- 111% year-over-year growth in the programmatic business

- Programmatic video accounts for 34% of business & grew more than 800% in 2020

- Full year positive adjusted EBITDA of €5.6 million

- Preliminary results for Q1 2021: €86 million revenue (+179% compared to Q1 2020), €7 million adjusted EBITDA (compared to €-0.8 million in Q1 2020)

- Updated guidance 2021: Expecting revenue between €300 million and €350 million, at an adjusted EBITDA between €15 million and €20 million

- Digital Turbine to acquire full ownership in Fyber for $600 million, creating a new mobile media powerhouse offering the largest, independent growth platform for app publishers, performance marketers and top global brands

Berlin, 30 April 2021 - Fyber N.V. ("Fyber" or the "Company", FSE:FBEN), a leading app monetization company, today published its financial results for the full year 2020. The Company achieved a revenue of €209.8 million (FY 2019: €119.0 million) at a positive adjusted EBITDA of €5.6 million (FY 2019: €-2.7 million).
The Company accelerated its month-over-month growth throughout the last quarter and reported positive and growing adjusted EBITDA each month since July 2020. The results for Q4 2020 alone amounted to €89 million in revenue, an increase of 145% compared to Q4 2019, and a positive adjusted EBITDA of €6 million - the strongest Q4 in company history. 40% of the Q4 revenue was generated by video advertising formats.