TradeDoubler - Revenues rise by 54% per cent year-on-year

Revenues rise by 54% per cent year-on-year

Martin Henricson, CEO at TradeDoubler comments, “ During the period TradeDoubler has continued to strengthen its market position by focusing on organic growth and developing and broadening its product offering as well as establishing itself in new markets. During the third quarter 2006 we have been pleased to see the positive development continue within the emerging markets (Rest of Europe excl the Nordic Region)” 

Highlights from Q3 2006 are:

• Revenues for the period increased by 54% to SEK 426.9 m compared with SEK 277.2 m in the third quarter of 2005
  
  
• Gross Profit for the period amounted to SEK 119.7 m, compared with SEK 79.3 m in the third quarter of 2005, an increase of 51%
  
  
• Operating profit (EBIT) for the period amounted to SEK 46.9 m compared to SEK -19.1 m in the third quarter of 2005
  
  
• During the period, share based expenses relating to existing warrant schemes decreased operating profit by SEK 2.2 m (SEK 9.4 m)
  
  
• Profit after tax amounted to SEK 43.1 m (SEK -18.2m)
  
  
• Reported earnings per share amounted to SEK 1.51 (SEK -0.74) after full dilution