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      MEDIABRANDS DIGITAL OÜ

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      This company's branding has already reached 20,266 peopleand his is followed by 20 Storybook users.On average, the company has been rated 5.0 points.and comment

      MEDIABRANDS DIGITAL OÜ current status

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      Andmerobot
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      This company's branding has already reached 20,266 peopleand his is followed by 20 Storybook users.On average, the company has been rated 5.0 points.and commented 27 times.

      Activity report 2022

      Mediabrands Digital OÜ is the largest full-service digital media agency in Estonia.

      The company's main areas of activity are the creation of internet strategies, digital media planning, search engine marketing, social media marketing, programmatic buying and the provision and mediation of various digital services.

      Mediabrands Digital OÜ is one of the largest partners of Facebook and Google in the region and holds a Google Premier Partner certificate.

      In 2022, Mediabrands Digital had a turnover of 16,149,759 euros and a profit of 795,897 euros.

      In 2023, the company plans to continue to increase its market share in Estonia, continue to expand to foreign markets, hire new digital specialists and continue to be a leader in innovation and quality in its field.

      The most important regions from foreign markets are Western Europe, Scandinavia, the Baltics, where the goal is to increase activity volumes and consequently hire specialists from both Estonia and other countries, thereby ensuring the prerequisites for international development.

      Mediabrands Digital OÜ is a parent company, which owns a 100% stake in the subsidiary Mediabrands Digital Limited, established in Ireland in 2019.

      As it is a small consolidation group, there is no obligation to consolidate.

      2022 2021

      Sales revenue 16,149,759 12,012,896

      Revenue growth 34.44 % 41.40 %

      Operating profit margin 6.35 % 6.80 %

      Net profit 795,897 777,801

      Profit growth 2.33 % 47.0 %

      Net profitability 4.93 % 6.50 %

      Short-term liabilities coverage ratio 1.39 1.82

      ROA 22.17 % 27.60 %

      ROE 76.32 % 60.40 %

      Formulas used in the calculation of ratios:

      Revenue growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100

      Operating profit margin = (Operating profit / Sales revenue)*100

      Net profitability (%) = net profit/ sales revenue * 100

      Short-term liabilities coverage ratio (times) = current assets/short-term liabilities

      ROA (%) = net profit/ total assets * 100

      ROE (%) = net profit/ total equity * 100

      Profit growth (%) = (net profit 2022 - net profit 2021)/ net profit 2021 * 100

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