Verve Achieves 31% Organic Revenue Growth in Q3 2024

Verve Group SE has reported a substantial 31% organic revenue growth in the third quarter of 2024. This marks the fourth quarter of consecutive growth. Key drivers include rising demand for privacy-first targeting solutions and increased budgets from both new and existing clients.

The company highlights significant customer growth, especially among larger clients generating more than $100,000 annually. This segment has grown by 45% compared to the previous year, excluding the Jun Group acquisition. Additionally, Verve experienced a notable 51% increase in revenue from iOS users, driven by its privacy-focused targeting methods.

Furthermore, Verve capitalized on the growing popularity of full-screen video ads, which saw a revenue surge of 233% year-on-year. These gains illustrate Verve's strong positioning in the market and its strategic focus on innovative advertising solutions.