Verve Group

16.72 SEK

+2.89%

1,283 following
Corporate customer

VER

First North Stockholm

Software

Technology

+2.89 %
+11.24 %
+17.91 %
-11.53 %
-21.28 %
-56.91 %
+19.43 %
-61.46 %
+19.86 %

Verve (Ticker: VER) is a fast-growing, profitable, digital media company that provides AI-driven ad-software solutions. Verve matches global advertiser demand with publisher ad-supply, enhancing results through first-party data from its own content. Aligned with the mission, “Let’s make media better,” the company focuses on enabling better outcomes for brands, agencies, and publishers with responsible advertising solutions, with an emphasis on emerging media channels. Verve’s main operational presence is in North America and Europe. Its shares are listed on the Nasdaq First North Premier Growth Market in Stockholm and the Scale segment of the Frankfurt Stock Exchange. The company has three secured bonds listed on Nasdaq Stockholm and the Frankfurt Stock Exchange Open Market.

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Market cap
3.35B SEK
Turnover
4.4M SEK
P/E (adj.) (26e)
5.01
EV/EBIT (adj.) (26e)
6.27
P/B (26e)
0.66
EV/S (26e)
1.07
Dividend yield-% (26e)
-
Coverage
Recommendation
Accumulate
Target price
18.00 SEK
Updated
08.04.2026
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
27.5
2026

Interim report Q1'26

18.8
2026

Interim report Q2'26

17.11
2026

Interim report Q3'26

Risk
Business risk
Valuation risk
Low
High

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Hello everyone! The interview with Remco has now been published. Great job @christoffer.jennel You can find it here: Inderes Behind the numbers: Verve Group CEO reflects on Q4 - Inderes Time: 2026-03-20 14:31 We had the opportunity to interview Verve Group’s CEO, Remco Westermann...
Hello! Yes, the interview was conducted today, and I’ll publish it shortly.
Bumping the thread: Inderes Verve Streamlines Organizational Framework to Drive Operating Efficiency and... Verve Streamlines Organizational Framework to Drive Operating Efficiency and Accelerates AI Implementation Verve Streamlines Organizational Framework to Drive Operating Efficiency...
This is the bulletin that came out: “Verve Group intends to relocate registered office to Ireland aligning corporate structure with international and US peers” In addition, reporting will be in USD going forward, and the bulletin laid the groundwork for a potential official listing...
It seems the tax rate is around 12.5% in Ireland with various incentives (e.g. R&D), versus over 20% in Sweden, according to AI. USD reporting and a potential US listing sound good, assuming the business performs as expected. Perhaps then the valuation multiples would start to look...
The figures for P/E have always been low in this company whenever I’ve followed it, but a credible cash flow conversion is yet to be seen.
Inderes Verve Group laaja raportti: Katseet toteutuksessa ja kassavirrassa - Inderes Näkemyksemme mukaan sijoitustarina riippuu siitä, pystyykö johto todistamaan muuntavansa suuremman osan tuloksestaan kassavirraksii, ylläpitämään operatiivisia parannuksia ja saavuttamaan vuoden ...
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