Q2 Report 2006 - TradeDoubler AB

Continued growth and improved profits

• Revenues for the period increased by 56% to SEK 400.9 m compared with SEK 256.7 m in the second quarter of 2005

• Gross Profit for the period amounted to SEK 114.0 m, compared with SEK 74.0 m in the second quarter of 2005, an increase of 54%

• Operating profit (EBIT) for the period amounted to SEK 45.3 m compared to SEK 12.6 m in the second quarter of 2005, an increase of 260%

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

• Profit after tax amounted to SEK 37.9 m (SEK 8.2 m)

• Reported earnings per share amounted to SEK 1.33 (SEK 0.30) after full dilution

• Business operations launched in Russia.

• Improved transaction margin compared to the first quarter 2006

• Revenues for the period increased by 72% to SEK 801.3 m compared with SEK 466.0 m for the first six months of 2005

• Gross Profit for the period amounted to SEK 221.1 m, compared with SEK 138.1 m for the same period in 2005, an increase of 60%

• Operating profit (EBIT) for the period amounted to SEK 82.0 m compared to SEK 27.0 m for the first six months of 2005, an increase of 204%

• During the period, share based expenses relating to existing warrant schemes did not affect operating  profit (SEK -16.3 m)

• Profit after tax amounted to SEK 63.5 m (SEK 18.7 m)

• Reported earnings per share amounted to SEK 2.23 (SEK 0.69) after full dilution

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