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Catena Media swings to 2019 loss as revenue declines 2%

20th February 2020 12:25 pm GMT

Stockholm-listed online lead generation specialist Catena Media has reported a 2 per cent decline in revenue to €102.8m for 2019, after suffering a fall in revenue for the third consecutive quarter.

Revenue in Q4 fell 3 per cent year-on-year to €26.6m, including an exceptional €0.5m adjustment relating to its US business in previous periods. Casino represented 59 per cent of revenue, with sports accounting for 36 per cent, and financial services the remaining 5 per cent.

New depositing customers (NDCs) totalled 113,283 [...]

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