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Azerion publishes Interim Unaudited Financial Results Q2 and H1 2026
3 year cost saving and synergy projects yielded record Q2 EBITDA
Group results excl. discontinued operations
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Spotify integration:The Spotify Ad Exchange was integrated directly into our DSP, unlocking global, premium audio inventory at scale for our buyers.
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Westfield Rise partnership: A multi-year exclusive partnership was signed to launch in-mall audio across Unibail-Rodamco-Westfield shopping centers.
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Product launches: Azerion launched a new Self-Serve Platform for small and medium-sized businesses (SMBs) to scale their campaigns.
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Flavus Invest transaction: Azerion transferred its Eniro stake to Flavus Invest AB in exchange for cash, loan receivable, and 35% equity interest. Azerion also provides Flavus with technology, AI and advertising solutions.
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Principion loan:The Group acquired 10.5 million treasury shares to offset the Principion B.V. loan and signed an amendment to extend the maturity of the remaining € 8.2 million balance.
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Radionomy settlement: A portion of the acquired treasury shares was utilised on a non-cash basis to fully settle a € 5.2 million contingent consideration obligation relating to the Radionomy Group acquisition.
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Strengthened balance sheet: We strategically reduced short-term borrowings, creating future capacity, while ensuring a healthy level of liquidity was maintained through an accelerated cash conversion cycle.
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Board nomination / CFO transition: Chief Strategy Officer Sebastiaan Moesman was named as acting CFO and nominated as a member of the Management Board.
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New segmentation:We will separately report the continuing operations as Advertising Platform and AAA Game Distribution segments going forward.
