Tremor has reported Q3 21 organic net revenue growth of +54% to $76.7m (+1% ahead of consensus at $75.6m), and adjusted EBITDA of $42.3m at a margin on net revenue of 55% (+14% ahead of consensus at $37.1m). Tremor’s Programmatic division and its CTV revenue are driving its strong organic growth with +56% and +115% yoy respectively, and it is continuing to achieve quarterly performance that is ahead of many of its US-listed peers’ Q3 organic revenue growth of +22-54%, with adjusted EBITDA margin ....
11 Nov 2021
Tremor - Strong Q3 drives FY21-22 EBITDA upgrades of +15-26%
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Tremor - Strong Q3 drives FY21-22 EBITDA upgrades of +15-26%
Nexxen International Ltd. (NEXN:LON) | 236 0 0.0% | Mkt Cap: 328.7m
- Published:
11 Nov 2021 -
Author:
Michael Hill | Cavendish Research -
Pages:
22
Tremor has reported Q3 21 organic net revenue growth of +54% to $76.7m (+1% ahead of consensus at $75.6m), and adjusted EBITDA of $42.3m at a margin on net revenue of 55% (+14% ahead of consensus at $37.1m). Tremor’s Programmatic division and its CTV revenue are driving its strong organic growth with +56% and +115% yoy respectively, and it is continuing to achieve quarterly performance that is ahead of many of its US-listed peers’ Q3 organic revenue growth of +22-54%, with adjusted EBITDA margin ....