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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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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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 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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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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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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Stockholm-listed industry affiliate network Catena Media has confirmed that it will buy distressed football analysis and news portal Squawka and its related assets. Last November, Squawka a popular football portal with a reported 4 million unique monthly users revealed that it was in financial difficulties, placing itself into administration. Squawka’s website and social media assets have not been updated since …
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Stockholm-listed industry affiliate marketing network Catena Media continues its M&A expansion confirming that it has agreed to acquire German focused sports affiliate Baybets Ltd. Updating the market, Catena governance informs that it has agreed an initial payment of €26.5 million to takeover Baybets’ 50 website portfolio. Furthermore, its acquisition deal will have an attachment of a further €65 million in …
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Updating the market, Stockholm-listed industry affiliate marketing network Catena Media has confirmed the promotion of Pia-Lena Olofsson as new Group Chief Financial Officer (CFO). The executive appointment sees Olofsson current CFO of Catena Operations replace Claes Wenthzel as Catena group finance lead. Catena governance informs that Wenthzel has chosen to leave the company due to family reasons. Wenthzel will oversee …
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Ahead of its Capital Markets Day (6 December), Stockholm-listed industry affiliate network Catena Media has announced that it has reset its enterprise long-term financial targets, as corporate governance seeks to extract optimal value for its investors. Updating stakeholders, Catena’s Board has set the enterprise target of generating a group EBITDA in excess of €100 million (£90 million) by the year …
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