TradeDoubler - Revenues rise by 56% per cent year-on-year
10 August 2006
Martin Henricson, CEO at TradeDoubler comments, "We are delighted with TradeDoubler's positive results for the second quarter of 2006. Ecommerce and online advertising growth in Europe has continued to be strong over the first half of 2006 and this trend is expected to continue over the remainder of the year. We fully expect TradeDoubler's growth throughout the rest of 2006 to at least mirror the growth of the ecommerce market."
Highlights from Q2 2006 are:
- Revenues for the period increased by 56% to SEK 400.9 m compared with SEK 256.7 m in the second quarter of 2005
- Gross Profit for the period amounted to SEK 114.0 m, compared with SEK 74.0 m in the second quarter of 2005, an increase of 54%
- Operating profit (EBIT) for the period amounted to SEK 45.3 m compared to SEK 12.6 m in the second quarter of 2005, an increase of 260%
- During the period, reduced share based expenses relating to existing warrant schemes increased operating profit by SEK 3,3 m (SEK -8.1 m)
- Profit after tax amounted to SEK 37.9 m (SEK 8.2 m)
- Reported earnings per share amounted to SEK 1.33 (SEK 0.30)
