Avidly’s growth continued in Q2 2021 in line with our expectations. Revenue was up by 30.1% and gross profit by 31.2% from the comparison period that was weakened by the coronavirus pandemic.
Q2 operating result improved to -103 thousand euros (-229). Our adjusted operating result, which describes the operational performance of our operations, improved to 347 thousand euros (-172 thousand), or 4.3% of revenue (-2.8%).
The Annual General Meeting of Avidly Plc was held on Tuesday 13 April 2021 under special arrangements without the shareholders’ or their proxy representatives’ presence at the meeting venue in order to prevent the spread of the COVID-19 pandemic.
Following the AGM Avidly held a virtual event where the shareholders had the opportunity to present questions to the Company’s management.
In 2020 our ways of working were revolutionized. We were forced to work out of office, missing the daily coffee breaks and spontaneous chats with colleagues around you. But we had technology, that brought us closer.
Our 2020 Annual Report present Avidly's year 2020 and includes also the Report of the Board of Directors and Financial Statements as well as governance information.
Avidly can be seen as a disruptor in our industry that changes operating models and creates new growth opportunities.
Avidly targets profitable growth with net sales exceeding €50 million and EBITA-margin exceeding 10% in 2025.
Avidly Plc’s shares are traded on the Nasdaq First North Growth marketplace under ticker AVIDLY.
Meet our Board of Directors and Management team and find other governance information.
CEO Jesse Maula,
tel. +358 40 548 0248
jesse.maula@avidlyagency.com
CFO Hans Parvikoski,
tel. +358 40 586 6154
hans.parvikoski@avidlyagency.com
CEO Jesse Maula discusses year 2020 events and financial performance on the video.
Last updated
27. August, 2021
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