In its seasonally weakest quarter, Tremor has announced that it has achieved Q1 21 organic net revenue growth of +96% to $63m, and adjusted EBITDA of $27.5m at a margin of 44%. Tremor’s Programmatic division is driving its remarkably strong organic performance with growth of +105%, and as Tremor prepares for its potential Q2 21 US IPO, it has delivered Q1 21 revenue growth ahead of its US-listed peers reported revenue growth of 15-54%, with adjusted EBITDA margins of 15-33%. Today’s update demon ....
25 May 2021
Tremor - Remarkable Q1 drives FY21-22 upgrades of +5-16%
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Tremor - Remarkable Q1 drives FY21-22 upgrades of +5-16%
Nexxen International Ltd. (NEXN:LON) | 231 -2.3 (-0.4%) | Mkt Cap: 322.0m
- Published:
25 May 2021 -
Author:
Michael Hill | Cavendish Research -
Pages:
18
In its seasonally weakest quarter, Tremor has announced that it has achieved Q1 21 organic net revenue growth of +96% to $63m, and adjusted EBITDA of $27.5m at a margin of 44%. Tremor’s Programmatic division is driving its remarkably strong organic performance with growth of +105%, and as Tremor prepares for its potential Q2 21 US IPO, it has delivered Q1 21 revenue growth ahead of its US-listed peers reported revenue growth of 15-54%, with adjusted EBITDA margins of 15-33%. Today’s update demon ....