A weak quarter as extensive investments deploy to secure future organic growth and profitability
Catena Media plc Year-end Report January – December 2023 October–December 2023 · Revenue from continuing operations was EUR 14.5m (24.5), a decrease of 41 percent. · Revenue in North America decreased by 43 percent to EUR 12.3m (21.5), equivalent to 85 percent (88) of group revenue from continuing operations. · New depositing customers (NDCs) from continuing operations totalled 32,032 (56,040), a decrease of 43 percent. · Adjusted EBITDA from continuing operations decreased by 88 percent to EUR 1.5m (11.8), corresponding to an adjusted EBITDA margin of 10 percent (48). ·