About NuCom Group
NuCom Group is an investment business that operates in the media sector. The company offers a range of deal options, including media-for-revenue partnerships, media-for-equity investments, and strategic majority investments, providing tailored support for businesses at different growth stages. It primarily serves the start-up and scale-up sectors. It was founded in 2016 and is based in Unterfoehring, Germany.
Expert Collections containing NuCom Group
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
NuCom Group is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Latest NuCom Group News
Oct 27, 2022
A EQS-Ad-hoc: ProSiebenSat.1 Media SE / Key word(s): Change in Forecast/Miscellaneous ProSiebenSat.1 updates full-year outlook 2022 due to development of the macroeconomic environment / Non-cash impairment of assets within the cash-generating unit of NuCom Group 27-Oct-2022 / 21:32 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. ProSiebenSat.1 updates full-year outlook 2022 due to development of the macroeconomic environment / Non-cash impairment of assets within the cash-generating unit of NuCom Group Unterföhring, October 27, 2022. The macroeconomic environment in the region of Germany, Austria and Switzerland has been characterized as a result of the Russia/Ukraine war by persistently high Inflation and increasing consumer restraint. Currently, the fourth quarter of 2022 therefore shows signs of a more pronounced weakened macroeconomic environment than initially reflected in the latest full-year outlook of ProSiebenSat.1 Group. Traditionally, the fourth quarter is the most important quarter of the year for ProSiebenSat.1 in terms of full-year revenues and contribution to earnings (Q4 2021: adjusted EBITDA of EUR 370 million). Against this backdrop, ProSiebenSat.1 is updating its financial targets for the financial year 2022. The Group now expects revenues of around EUR 4.15 billion and adjusted EBITDA around EUR 650 million for the full-year. For the Group's adjusted EBITDA, these expectations include negative consolidation effects from the full acquisition of the streaming platform Joyn as well as positive effects from cost measures. At the same time, ProSiebenSat.1 assumes the Groups high-margin advertising revenues in the region of Germany, Austria and Switzerland to be presumably down around EUR 130 million or around 17% year-on-year in the fourth quarter (previous year: EUR 776 million) and around EUR 160 million or around 7% down year-on-year for the full-year (previous year: EUR 2,233 million). This affects the Entertainment and Commerce & Ventures segments. Adjusted net income, adjusted operating free cash flow, P7S1 ROCE and leverage ratio1 will thus be below the most recently communicated targets, following the update of adjusted EBITDA expectations. The now predicted persistently high inflation, the energy price crisis and the resulting reluctance to consume are also impacting the growth prospects of ProSiebenSat.1 Groups Commerce & Ventures segment, as a large proportion of these businesses are directly dependent on macroeconomic developments due to their focus on end consumers. Against this backdrop ProSiebenSat.1 takes into account a one-time, non-cash impairment of assets, in particular of goodwill, of the cash-generating unit NuCom Group, reported in the Commerce & Ventures segment, in the amount of around EUR 300 million in the third quarter of 2022. This impairment has no impact on the Group's adjusted net income, which is the key indicator for the Group's dividend policy. (1) Definition of key figures in Annual Report 2021 from p. 120. Contact:
NuCom Group Frequently Asked Questions (FAQ)
When was NuCom Group founded?
NuCom Group was founded in 2016.
Where is NuCom Group's headquarters?
NuCom Group's headquarters is located at Medienallee 7, Unterfoehring.
What is NuCom Group's latest funding round?
NuCom Group's latest funding round is Growth Equity - II.
Who are the investors of NuCom Group?
Investors of NuCom Group include General Atlantic.
Who are NuCom Group's competitors?
Competitors of NuCom Group include Cognodata and 4 more.
Compare NuCom Group to Competitors
Business Integration Partners (BIP) operates as a consultancy firm. The company designs, develops, and delivers sustainable solutions for customers, employees, shareholders, and society. It also offers strategic foresight, proposition and business modeling development, business design and planning, and more. Business Integration Partners (BIP) primarily serves the Business and financial sector. It was founded in 2003 and is based in Milan, Italy.
BIP Consulting is a consultancy firm that provides programme management, operations, IT governance, strategy and business transformation, big data and data science, cyber security, digital transformation, sales transformation, procurement, human capital, energy management, plant and logistics, asset management and merger and acquisition (M&A) services. The company was founded in 2003 and is based in Milan, Italy.
Cordence Worldwide operates as an agile global management consulting partnership. It provides a range of subject matter expertise and management consulting services to enterprise and government clients. It was founded in 2005 and is based in Atlanta, Georgia.
FAS offers corporate performance management consulting and valuation services. The company provides value-based management, working capital management, international accounting, management reporting, and interim management consulting services, as well as offering due diligence, transaction-related business valuation, fairness opinions, intellectual property valuation, and share-based payment valuation services. The company also provides financial services and leasing consulting services. It was founded in 2000 and is based in Stuttgart, Germany.
Zeb provides management and strategic consulting services in the financial services industry in Europe. The company was founded in 1992 and is based in Munster, Germany.
Bizdaq operates as an online platform for managing business. The platform includes an online valuation tool that estimates the likely sale value of any business, step-by-step instructions, and notifications to help business sellers and buyers. It was founded in 2014 and is based in Leeds, United Kingdom.