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May 28, 2026 4:00 AM

Azerion publishes Interim Unaudited Financial Results Q1 2026

Bottom line focus yields best Q1 profitability in company history

2026 is the first year in which we fully focus on the Azerion advertising platform after discontinuing our Premium Games segment in 2025. That focus had a very positive effect on our first quarter. Our overall profitability went up, despite divesting from a segment that contributed positively to the group's bottom line. This is because the projects we deployed in the last years to optimise the advertising platform are paying off.

Results for the continuing operations

Q12026

Total Revenue of € 117.4 million (+1.6% compared to € 115.5 million in Q1 2025)

Adjusted EBITDA of € 9.4 million (+11.9% compared to € 8.4 million in Q1 2025)

EBITDA of € 6.7 million (+42.6% compared to € 4.7 million in Q1 2025)

Operating Profit: €(2.0) million (+67.7% compared to € (6.2) million in Q1 2025)

Improving profitability driven by strong operational leverage

In what is known to be the slowest seasonal quarter in advertising, the Q1 2026 operating profit of our continuing operations improved by € 4.2 million year-over-year, moving from € (6.2) million to € (2.0) million. Our core business is ...

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