Q1 Report 2006 - TradeDoubler AB

Continued growth and improved profits

• Revenues for the period increased by 91% to SEK 400.5 m compared with SEK 209.3 m in the first quarter of 2005

• Gross Profit for the period amounted to SEK 107.1 m, compared with SEK 64.1 m in the first quarter of 2005, an increase of 67%

• Operating profit (EBIT) for the period amounted to SEK 36.7 m compared to SEK 14.5 m in the first quarter of 2005, an increase of 153%

• During the period, share based expenses relating to existing warrant schemes decreased operating  profit by SEK 3,2 m (SEK 8.1 m)

• Profit after tax amounted to SEK 25.6 m (SEK 10.5 m)

• Reported earnings per share amounted to SEK 0.90 (SEK 0.38)

• Acquisition of Advertigo AB for SEK 10m during Q1.

• Strong revenue growth - at least in line with growth of the e-commerce market

• Improved profit margin due to fixed cost leverage