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Verve Group VER.ST · SEK

Communication Services · Nasdaq Stockholm · 🇸🇪 Sweden

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9.16

+1.44%

Close of 9 Nov 2026, in SEK

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About Verve Group

Its shares trade on Nasdaq Stockholm under the ticker VER.ST. It has been listed since 6 October 2020. In the fiscal year to 31 December 2025, it reported revenue of €561.3m and net income of €708,030. At that date it held total assets of €1.25bn and shareholders' equity of €421.5m.

MGI - Media & Games Invest SE engages in the operation of an advertising software platform with first party games content. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2020-10-06. The firm offering an ad software platform that helps advertisers acquire customers via smartphones, computers, connected TV or digital third-party media, and publishers monetize their ad space. MGI - Media and Games Invest SE distributes, directly or indirectly, through subsidiaries, and trades data, consoles, mobile games and video games, such as distributor, licensees and developers, to consumers and affiliates and provides platforms for such games, conduct media activities for advertisers, publishers and other related platforms and partners to sell and buy advertisements and provide technical platforms; processes and data necessary for this, and to carry out activities in accordance with them.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Communication Services
Industry
Media
Listed since
6 Oct 2020
Employees
767
Website
mgi-se.com ↗

Leadership

Pay as last reported

  • Mr. Tobias WeitzelNon-Executive Independent Chairman of the Board
  • Mr. Remco WestermannChief Executive Officer, Executive Director, since 2018€1.4m
  • Mr. Christian DuusChief Financial Officer
  • Mr. Wolfgang DuhrChief Operating Officer
  • Mr. Jens KnauberChief Operating Officer
  • Mr. Prasanna PrasadChief Technology Officer
  • Mr. Mishel AlonChief Business Officer
  • Mr. David PhilippsonChief Product Officer
  • Mr. Sameer SondhiChief Revenue Officer
  • Mr. Alex StilChief Strategy Officer
  • Mr. Gregory ColemanNon-Executive Independent Director
  • Mr. Alexander DollNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
58
Environment
37
Social
79
Governance
60
Women in the workforce
35%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Verve Group SE operates an advertising software platform with first party games content in the Communication Services sector.
  • The company has a presence in Stockholm, Sweden, with 767 employees supporting its operations.
  • Verve Group SE's IPO on October 2020 provided capital for growth in the Media industry.

Weaknesses

  • Verve Group SE's product focus is limited to an advertising software platform with first party games content.
  • The company operates solely in the Communication Services sector without diversification into other industries.
  • Verve Group SE's business model relies on a single product line for monetization through advertising.

Opportunities

  • Expanding the advertising software platform to include additional media channels beyond smartphones, computers, and connected TV.
  • Growing the Media industry segment by leveraging the company's existing 767 employees and Stockholm headquarters.
  • Increasing market share in the Communication Services sector through strategic partnerships with publishers and advertisers.

Threats

  • Competition from other advertising software platforms in the Communication Services sector.
  • Regulatory changes affecting data processing and advertising practices in Sweden.
  • Economic downturns impacting advertising budgets of clients in the Media industry.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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