TRADNasdaq StockholmTechnologyIFRS · SEK

TradeDoubler

Tradedoubler is a global digital marketing technology and services provider, specializing in Partner Marketing and Influencer Marketing. The company facilitates a thriving partner network, connecting brands and publishers across various digital marketing channels. Tradedoubler's offerings empower brands to leverage digital publishing channels and enable publishers to scale rapidly. The company is strategically positioned to capture growth in the digital marketing space by integrating AI and expanding its market presence.

Revenue1,985m SEK
−6.1 %y/y
Operating profit (EBIT)6.9m SEK
−65.1 %y/y
EBIT margin0.3%
−0.6 ppy/y
Net income1.0m SEK
+131.4 %y/y
Free cash flow88.4m SEK
+64.0 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

05001,0001,5002,0002,500m SEK2021: 1,421 m SEK2021: EBIT 28 m SEK20212022: 1,640 m SEK2022: EBIT 43 m SEK20222023: 1,987 m SEK2023: EBIT 40 m SEK20232024: 2,113 m SEK2024: EBIT 20 m SEK20242025: 1,985 m SEK2025: EBIT 6.9 m SEK2025TTM 2026: 2,137 m SEKTTM2,137
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Partner Marketing89 %

Includes partner programs and white label solutions.

Influencer Marketing11 %

Comprises influencer campaigns and Metapic platform.

Customers

Tradedoubler serves a diverse range of customers including brands, publishers, and marketing professionals. Brands seek to enhance their digital presence and reach through partner marketing programs. Publishers benefit from scaling opportunities by accessing a wide array of brand partnerships. The company's influencer marketing services attract brands looking for authentic and scalable partnerships with creators. Tradedoubler's customer base is global, with a focus on result-driven and performance-oriented clients.

Brands

Purchase partner marketing and influencer services to enhance reach.

Publishers

Utilize partner programs to scale and access brand partnerships.

SMEs

Engage in self-serve partner marketing programs for growth.

Strategy

Tradedoubler's strategic priorities include enhancing profitability through operational efficiency and expanding its digital marketing offerings. The company is focusing on integrating AI to drive scalability and competitiveness. It aims to diversify its revenue base and strengthen its partner network. Tradedoubler is also exploring new markets and sectors to capture emerging opportunities in digital marketing.

AI IntegrationMedium term

To enhance efficiency and scalability.

Revenue DiversificationLong term

To reduce dependency on traditional markets.

Geography

Tradedoubler operates across several key regions including DACH, France & Benelux, Nordics, South, and UK & Ireland. The company has a strong presence in Europe, with significant operations in Germany, France, and the UK. The Nordics region, including Sweden and Finland, is also a critical market. Tradedoubler's geographic diversity helps mitigate regional economic fluctuations and supports its growth strategy.

Risks

Tradedoubler faces several risks including market-related risks such as economic downturns affecting marketing budgets. Operational risks include the integration of new technologies and maintaining the quality of its partner network. Financial risks involve foreign exchange fluctuations due to its global operations. Legal risks are associated with compliance in various jurisdictions. Additionally, the company is exposed to competitive pressures in the rapidly evolving digital marketing industry.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Economic Downturn1Competitive Pressures2Foreign Exchange Fluctuations3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Economic DownturnImpact: HighLikelihood: Medium

    Reduces marketing budgets and business volumes.

  2. Competitive PressuresImpact: HighLikelihood: Medium

    Rapidly evolving digital marketing landscape.

  3. Foreign Exchange FluctuationsImpact: MediumLikelihood: Medium

    Affects financial performance due to global operations.

Accounting

Judgemental items
Revenue Recognition

Critical for digital marketing contracts.

Impact: Significant on financial reporting

Foreign Exchange Risk

Multi-currency operations without hedging.

Impact: Affects financial performance

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

TradeDoubler (TRAD) Revenue, Earnings & Financials 2025 – Clarifo