Interim report January – March 2018

Catena Media plc (Nasdaq Stockholm: CTM)

  • Revenues increased by 57 percent and totalled EUR 23,9 million (15,2).
  • EBITDA increased by 44 percent and totalled EUR 10,4 million (7,2) corresponding to an EBITDA margin of 44 percent (47)
  • Adjusted EBITDA excluding non-recurring costs increased by 63 percent and totalled EUR 12,4 million (7,6) corresponding to an adjusted EBITDA margin of 52 percent (50)
  • Net cash generated from operating activities EUR 10,3 million (4,0)
  • New Depositing Customers (NDCs) totalled 133,322 (80,421), an increase of 66 percent
  • Earnings per share amounted to EUR 0,09 (0,08) before dilution
  • Earnings per share amounted to EUR 0,08 (0,08) after dilution

         “The quarter was the best to date, up 19 percent from Q4 2017

         and we are progressing well towards our 2020 target.”

Henrik Persson Ekdahl, Acting CEO

SIGNIFICANT EVENTS DURING THE FIRST QUARTER

  • CTM (Catena Media) confirms its market leading position in the US by acquiring the assets of the top affiliate site BonusSeeker.com
  • In a strategic move, CTM hires top talent to head the finance vertical in London
  • CTM agrees on pre-payment of earn-out in relation to the acquisition of affiliate related assets in Beyondbits Media Ltd
  • Per Hellberg - Appointed New CEO
  • CTM agrees on amended and advantageous terms for the acquisition of affiliate assets in the US
  • Increased number of shares and votes in CTM plc
  • The Nomination Committee’s proposal of CTM’s Board of Directors for the AGM 2018
  • CTM announces early redemption of existing bonds due to mature in 2019
  • CTM issues EUR 150 million with a total framework of EUR 250 million in new senior unsecured bonds and refinances existing secured bonds of EUR 100 million
  • CTM resolves to implement a directed new issue of shares as payment for assets acquired in January 2018 
  • CTM strengthens its position in Germany as leading affiliate within sports betting and finance by acquiring assets in Dreamworx Online Ltd

SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD

  • Increased number of shares and votes in CTM plc
  • CTM acquires assets in gg.co.uk, a well-positioned UK horse racing site
  • CTM resolves to implement a directed new issue of shares as payment for assets acquired in March 2018
  • CTM enters the French market by acquiring assets in top sports betting site ParisSportifs.com
  • CTM strengthens its financial services vertical by acquiring assets in BrokerDeal.de
  • CTM publishes a bond prospectus and applies for listing of its new bonds on Nasdaq Stockholm

For further information, please contact:   

Henrik Persson Ekdahl, Acting CEO, Catena Media plc
Phone: +46 706 91 43 43, E-mail: henrik.persson@catenamedia.com 

Pia-Lena Olofsson, CFO, Catena Media plc
Phone: +46 708 58 04 53, E-mail: pia-lena.olofsson@catenamedia.com 

Åsa Hillsten, Head of IR & Communications, Catena Media plc 
Phone: +46 700 81 81 17, E-mail: asa.hillsten@catenamedia.com

This information is information that Catena Media plc. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 4 May 2018 at 08.30 CET. 

About Catena Media

Catena Media provides companies with high quality online lead generation. 
Through strong organic growth and strategic acquisitions, Catena Media has since 2012 established a leading market position with approximately 300 employees in the US, Australia, Japan, Serbia, UK, Sweden and Malta (HQ). Total sales in 2017 reached EUR 67.6 million. The company is listed on Nasdaq Stockholm Mid Cap.

Further information is available at www.catenamedia.com