Catena Media publishes new financial targets for 2023-2025
Catena Media today presents new financial targets for 2023-2025, affirming the company’s commitment to maximise the market opportunity in North America and to deliver sustainable growth and create shareholder value. The targets are: · Revenue in North America of USD 125 million in 2025, which is equivalent to a compound annual organic growth rate of 12 percent from 2022. · The adjusted EBITDA margin in North America to exceed 50 percent in 2025, which is intended to be achieved through cost optimisation measures that will ensure continued high profitability during the period.