Stock prices starkly declining: A distressing 22% slide in SDAX values - urgent updates demanded
Verve Group SE, a prominent player in the tech industry, has revised its 2025 financial guidance following difficulties encountered during the unification of its in-app marketplace platform and unfavourable currency effects.
The company has significantly revised its net revenue forecast, with expected net revenue now between 485 million and 515 million euros, down from the previously targeted 530 to 565 million euros. The adjusted EBITDA target has also been lowered, from 155 to 175 million euros to 125 to 140 million euros.
These downward revisions were primarily due to severe technical difficulties during the platform unification, causing delays in onboarding new customers and an estimated revenue loss of around 34 million euros. Additionally, stronger-than-expected negative foreign exchange translation effects, notably USD/EUR, are expected to lower EBITDA by approximately 9 million euros.
Despite these setbacks, Verve Group delivered double-digit net revenue growth in Q2 2025, with a 10% year-on-year increase to 106 million euros. Adjusted EBITDA for Q2 2025 was stable at 29 million euros, although the margin slightly declined to 28% from 30% the previous year. Demand-side revenues showed robust growth of 82%.
After the announcement of the reduced outlook on August 14, 2025, Verve Group's share price dropped sharply by over 12%. The price decline came amid broader market stability where the SDAX index rose modestly.
However, financial history shows that Verve Group had steady revenue and EBITDA growth over past years, although margins remain moderate. Analysts consider the 2025 revision a temporary setback rather than a structural problem, maintaining a Buy rating with a slightly reduced price target.
Table:
| Metric | Previous 2025 Estimate (EUR million) | Revised 2025 Forecast (EUR million) | |---------------------|-------------------------------------|------------------------------------------| | Net Revenue | 530 – 565 | 485 – 515 | | Adjusted EBITDA | 155 – 175 | 125 – 140 | | Q2 2025 Net Revenue | N/A | 106 (10% YoY growth) | | Q2 2025 Adj. EBITDA | N/A | 29 (stable YoY, margin down slightly) |
In addition to these challenges, Verve Group has incurred four million euros in costs for external support in resolving these difficulties. The stock of Verve Group (WKN: A3D3A1), listed in the SDAX, has lost 22.7% since the announcement of the new targets.
However, the market environment for Small and Mid Caps has significantly improved since the beginning of the year. Despite the current battered state of Verve's stock from a chart perspective, testing the Real-Depot service may secure a place among the winners of tomorrow.
Verve Group is not currently included in the AKTIONÄR's list of recommendations. The profit attributable to shareholders dropped sharply from 6.3 million to 0.4 million euros.
In summary, Verve Group is navigating through substantial technical integration challenges and currency pressure in 2025, impacting near-term financial performance and stock price. However, recent quarterly growth and analyst outlook suggest resilience and potential recovery.
- In an attempt to mitigate the impacts of technical difficulties and currency effects, Verve Group SE has decided to redirect its business strategies towards investment in stock-market solutions, with the hope of maintaining a stable finance portfolio.
- Despite the temporary financial setbacks, analysts still view investing in Verve Group SE as a promising business opportunity, given the company's historical growth and the improved market environment for Small and Mid Caps, ultimately keeping a Buy rating.
