Tremor has reported Q4 net revenue +16% yoy or +59% qoq to $103m, adjusted EBITDA of $36.9m, and FY22 net cash of $115m. Q4 revenue and adjusted EBITDA reflect the platform capitalising upon Tremor’s exclusive ad monetisation opportunities around the FIFA World Cup, and the Q4 results are in line with guidance and consensus. For FY23, the challenging environment has led to revised guidance for revenue of $400m and adjusted EBITDA of $140-145m, and we move our forecasts in line with guidance. Thr ....

07 Mar 2023
Tremor - Strong Q4 revenue of +16% yoy or +59% qoq, $115m net cash
Tremor International Ltd. (TRMR:LON) | 275 -0.5 (-0.1%) | Mkt Cap: 392.7m
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Michael Hill | Team Legacy Research
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23 pages
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Tremor - Strong Q4 revenue of +16% yoy or +59% qoq, $115m net cash
Tremor International Ltd. (TRMR:LON) | 275 -0.5 (-0.1%) | Mkt Cap: 392.7m
- Published:
07 Mar 2023 -
Author:
Michael Hill | Team Legacy Research -
Pages:
23 -
Tremor has reported Q4 net revenue +16% yoy or +59% qoq to $103m, adjusted EBITDA of $36.9m, and FY22 net cash of $115m. Q4 revenue and adjusted EBITDA reflect the platform capitalising upon Tremor’s exclusive ad monetisation opportunities around the FIFA World Cup, and the Q4 results are in line with guidance and consensus. For FY23, the challenging environment has led to revised guidance for revenue of $400m and adjusted EBITDA of $140-145m, and we move our forecasts in line with guidance. Thr ....