Catena Media plc ( (CTTMF) ) has released its Q3 earnings. Here is a breakdown of the information Catena Media plc presented to its investors.
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Catena Media plc is a digital marketing company specializing in online casino and sports betting affiliation, primarily operating in North America. In its latest earnings report for Q3 2025, Catena Media reported a 9% increase in revenue from continuing operations, reaching EUR 11.6 million, with significant growth in North America. However, the company faced a 12% decline in new depositing customers and recognized an impairment charge of EUR 16.5 million due to a writedown of specific assets. Despite these challenges, the company achieved a 119% increase in adjusted EBITDA, reflecting improved profitability.
Key financial metrics highlighted a robust performance in adjusted EBITDA, which rose to EUR 2.9 million, marking a 119% increase year-on-year, with an adjusted EBITDA margin of 25%. The company’s strategic focus on revenue diversification and cost optimization contributed to this growth. However, the company experienced a 21% decline in revenue over the nine-month period, primarily due to decreased performance in the sports segment and regulatory challenges.
Catena Media continued to emphasize its strategic initiatives, including the launch of the MRKTPLAYS subaffiliation platform and improvements in organic search performance. The company also focused on streamlining its technology stack and enhancing customer relationship management to drive future growth. Despite facing headwinds in the sports segment, the company remains optimistic about the potential for regulated sports betting in new markets.
Looking ahead, Catena Media’s management remains cautiously optimistic, focusing on sustainable growth through diversification and operational efficiency. The company aims to leverage its strong search performance and disciplined operations to navigate industry challenges and achieve long-term growth.