TREMOR INTERNATIONAL LIMITED ( (NEXN) ) has released its Q1 earnings. Here is a breakdown of the information TREMOR INTERNATIONAL LIMITED presented to its investors.
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Nexxen International Ltd., a global advertising technology platform specializing in data and advanced TV, has announced its financial results for the first quarter of 2025, showcasing significant growth in key areas. The company reported record Q1 results with a notable 40% year-over-year increase in CTV revenue and a 95% rise in Adjusted EBITDA, reflecting the success of its strategic investments in technology and data capabilities. Key financial highlights include a record Q1 Contribution ex-TAC of $75 million, programmatic revenue of $71.8 million, and a strong cash position of $164.7 million with no long-term debt. Nexxen also completed a $50 million share repurchase program and initiated a new one, underscoring its commitment to shareholder value. Looking ahead, Nexxen remains confident in its full-year 2025 financial guidance, driven by ongoing investments in technology and AI, despite potential economic uncertainties. The company aims to leverage its innovative solutions to maintain its competitive edge and accelerate growth.