India, Aug. 14 -- Verve Group (VRV.DE,VER.ST) lowered its outlook for full-year 2025. The downward revision stems from two key factors that diverge from the assumptions made in the original forecast. First, the company experienced a one-time impact due to more severe technical issues during its platform unification process. These issues directly affected revenue and led to a slower-than-expected recovery in revenue intake from supply-side marketplace activities following the technical integration. Second, the company is facing significantly stronger negative effects from foreign exchange translation, as well as a more challenging outlook than management had previously anticipated.
The company now anticipates annual net revenue to range bet...