Press release

2021 THIRD QUARTER REVENUE

Revenue Q3 2021 : €6 million (+31% vs Q3 2020)

EBITDA(1) Q3 2021 : €0.8 million (vs. €0.2 million in Q3 2020)

Paris, November 18th, 2021, 6:00pm - AdUX group, a specialist in digital advertising and user experience (Code ISIN FR0012821890 - ADUX) released its results for the 3rd quarter of the financial year 2021.

Activity

(€m)

Q3 2021

Q3 2020

Var. %

Revenue

6,0

4,6

31%

Group

Gross margin

2,7

1,9

39%

EBITDA (1)

0,8

0,2

374%

9M 2021

9M 2020

Var. %

15,6

12,9

21%

6,9

5,7

21%

1,2

(0,2)

-

Consolidated revenue for the third quarter of 2021 increased by 31% to reach 6 million of euros, compared to 4.6 million euros in the third quarter of 2020.

The gross margin increased by + 39% which, with good costs control, enable to generate a positive EBITDA of 0.8 million euros to be generated in the third quarter.

Over 9 months, activity increased by + 21% and EBITDA improved significantly to reach 1.2 million euros versus -0.2 million euros over the same period in 2020.

(1)Current operating income before allocations and reversals of depreciation, amortization and provisions

News and perspectives

The significant recovery during the first half of 2021, confirmed by a good dynamic in the third quarter, shows that the company is adapting itself to the current context and to the needs of advertisers by adapting its offers and products.

Despite poor visibility on the health situation and its macroeconomic impacts over the coming months, the Group is confident and should remain on the same growth dynamic until the end of 2021.

Next financial announcements

Annual revenue 2021

Thursday the 24th of February, 2022 after closing of the stock market

ABOUT ADUX

A pioneer of the sector, ADUX is a European specialist of digital advertising and user experience. With a presence in 6 European countries, it attained a turnover of 18 million of euros in 2020.

The company is listed in the Paris (Euronext Compartment C) and Amsterdam (Euronext) and holds the "Innovative Company" label.

This label offers, for a period of 3 years, the possibility for the FCPI to invest in the capital of ADUX, and for their subscribers to benefit from the corresponding tax benefits.

Code ISIN : FR 0012821890 / LEI : 969500IIE66C3CFB1K57 / Mnémo : ADUX

For more information, please visit www.adux.com

Follow us on Twitter: @AdUX_France

LinkedIn:http://www.linkedin.com/company/adux_fr

This statement may contain certain forward-looking statements. Although the AdUX Group believes that these statements are based on reasonable assumptions as on the date of publication of this statement, they are, by their very nature, subject to risk and uncertainty that can create a difference between the actual figures and those indicated in or inferred from these statements. The AdUX Group operates in a continually changing sector where new risk factors can emerge at any time.

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Adux SA published this content on 18 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 November 2021 17:12:03 UTC.