Tag Archives: Catena

GlüNeuRStv withdrawal sees Catena Media hit with €50m writedowns 

Catena Media Plc has informed that its Q3 trading results will be negatively impacted by the writedown of its German sports betting assets.  The Stockholm-listed publisher issued a preliminary Q3 update, informing investors that it had allocated €42.8 million for the writedown of German sports betting assets acquired between 2016 and 2018. The decision follows an assessment of the assets …

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Catena orders 10% buyback of Stockholm shares 

The board of Catena Media Plc has authorised the buyback of in excess of 7 million ordinary company shares, listed on the Stockholm Nasdaq exchange.  The order was granted as an outcome of an extraordinary general meeting (EGM) held on 14 July 2021, in which the board disclosed its plans to enhance the company’s “flexibility in distributing capital to shareholders …

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Catena triggers US portfolio expansion acquiring i15 Media 

Catena Media has expanded its North American inventory by a further 100 websites and domains, announcing the outright acquisition of assets held by i15 Media LLC.  The Stockholm affiliate marketing network confirmed that it had agreed a total purchase price of $45 million for i15 Media full inventory – ‘ of which $12.5 million will be paid with 2,207,357 issued …

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Catena maintains 2021 forward momentum despite ‘problem child’ Germany 

Catena Media has maintained its year growth trajectory after overcoming a Q2 trading period including tough European ‘mature market’ regulatory adjustments.  Publishing its 2021 interim results, Catena reported YTD revenues of €71 million – up 31% on equivalent 2020 results of €54.5 million. YTD metrics saw it sustain its ‘forward momentum’ in the growth markets of Japan and North America, …

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Catena notifies investors of a record Q1 opening performance 

Catena Media has revealed an ‘exceptionally strong opening’ to its 2021 trading, as the company anticipates Q1 2021 revenues to top the €40 million mark.  This morning, the Stockholm-listed affiliate marketing publisher released its Q1 pre-close trading statement, alerting investors that Catena would deliver a record quarterly revenue performance.  Updating investors, Catena estimated that its Q1 adjusted EBITDA will fall …

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Catena accelerates US and Japan prospects amid Euro slowdown

The governance of Stockholm-listed Catena Media AB has continued to back the firm’s strategic progress and diversification strategy to overcome declines within the UK and Nordics. Competing against tough Q3 2018 metrics and a ‘slowdown in organic growth’ within its marketing verticals, Catena records a 5% decline in Q3 2019 corporate revenues €26.4 million (€27.7m) – with year-to-date revenues tracking at …

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Agile Catena delivers Q1 growth despite tough Swedish adjustments

Stockholm-listed industry affiliate marketing network, Catena Media Plc remains positive on its 2019 outlook, detailing that it has undertaken the necessary adjustments to meet new regulatory conditions within its home market of Sweden. Publishing its Q1 2019 trading update, Catena records a revenue increase of 9% to €26 million (Q12018: 24m). Despite growth, the figure is ‘below the expectations’ of …

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Johan Styren launches ‘tech-first’ Dilanti Media

Johan Styren former CEO of LeoVegas and Valentin Alsen, ex-marketing lead for Catena Media have teamed up to launch Dilanti Media, a Malta-based industry marketing and player acquisition services provider. Dilanti Media is Styren’s first venture since leaving Stockholm-listed online gambling group LeoVegas AB in August 2017. Speaking to industry media, Styren has detailed that Dilanti will develop in-house technologies …

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High flying Catena Media confident of future outlook closing record breaking 2017

Stockholm-listed industry affiliate network Catena Media Plc enters 2018 full of confidence having produced yet another ‘record-breaking performance’for Q4 2017 (period ending 31 December). A strong finish to 2017 trading, saw Catena record Q4 corporate revenues Of €20 million, an increase of 63% on corresponding Q4 2016’s €12.3 million. Updating investors, Catena governance highlighted the firm’s ability to quickly refine …

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Catena expands Deutsch vision with €9.5 million takeover of Dreamworx

Stockholm-listed industry affiliate marketing network, Catena Media continues to expand its German market footprint, confirming the acquisition of Dreamworx Online Ltd for a total consideration of €9.5 million. Updating the market, Catena governance has agreed to acquire all Dreamworx’s related assets and portals active within German sports betting, casino and financial services. German media owner Dreamworx operates high coverage websites …

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