The digital marketing firm, Catena Media, announced outstanding Q1 2018 results, boasting a remarkable 57% revenue surge year-over-year. This exceptional performance propelled their revenue to $28.5 million, a substantial increase from the $18.1 million generated in the corresponding period of 2017. The company’s profitability similarly flourished, with earnings before interest, taxes, depreciation, and amortization (EBITDA) hitting $12.4 million, a 44% climb. They also witnessed a staggering 157.5% rise in net cash flow derived from operating activities. Catena Media credited this triumph to a 66% expansion in new depositing clients, a clear indication of their growing influence. Henrik Persson Ekdahl, the interim CEO, proudly proclaimed this as their most successful quarter to date, eclipsing even the robust performance of the preceding year. He stressed that Catena Media is firmly positioned to realize its ambitious objectives for 2020. This accomplishment comes on the heels of a series of strategic purchases by Catena Media, encompassing notable affiliate platforms like BonusSeeker.com and holdings of BeyondBits Media Ltd., further cementing their presence within the industry.
A top online sports wagering partner, Catena Media, is commemorating the achievements of its platforms, ParisSportifs and gg.co.uk. This follows a significant reorganization initiative over the preceding quarter. Catena Media refinanced its current €100 million bond initiative and obtained over €150 million in supplementary capital. The firm also declared that Per Hellberg will assume the role of CEO from Henrik Persson Ekdahl, who vacated the position in September 2018.