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Catena Media shares dip as profit rise fails to match revenue growth

10th August 2018 8:05 am GMT

Stockholm-listed performance marketing specialist Catena Media has reported a 73 per cent increase in revenue to a record €26.1m for the second quarter of 2018.

The performance was driven by a combination of organic growth and successful acquisitions, with 72 per cent of revenue generated from locally regulated or taxed markets.

The company’s iGaming division contributed revenue of €24.9m in Q2, an increase of 65 per cent year-on-year, with 137,000 new depositing customers (NDCs) generated.

Revenue from Catena [...]

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