Catena Media earnings date
Catena Media (CTTMF) Q3 2026 Earnings Report
CTTMF Q3 2026 EPS Results
- Actual EPS
- -$0.20
- Consensus EPS
- ―
- Beat/Miss
- ―
- One Year Ago EPS
- -$0.21
CTTMF Q3 2026 Revenue Results
- Actual Revenue
- $9.06M
- Expected Revenue
- ―
- Beat/Miss
- ―
- YoY Revenue Growth
- -29.92%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/10/2026
- Time
- During Market Hours
- Conference Call
- Tuesday, November 10, 2026
Catena Media's next earnings date is estimated for February 9, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
The call was predominantly negative. Q3 revenue, adjusted EBITDA, margins, new depositing customers, segment performance, and operating cash flow all declined, the company recognized a EUR 30.8 million noncash impairment, and it withdrew its 2026 double-digit organic growth target. Management highlighted cost reductions, a EUR 13.7 million cash balance, no senior debt, improving revenue per visit, and multiple diversification initiatives including loyalty programs, traffiqX, PlayPicks, and Catena Growth Ventures, but these initiatives remain part of a strategic pivot during a stated period of near-term challenge.
The company no longer expects to reach its 2026 target of double-digit organic growth in group revenue and adjusted EBITDA; Bonus+ will become the cross-brand loyalty program across all of its brands from Q4 onwards, and the full traffiqX platform beta launch is scheduled for the first quarter of 2027. The company does not provide any revenue expectations for traffiqX, with the main focus on building significant liquidity for reaching success in 2027. The near term will be challenging, but management is confident that the strategic pivot will reduce reliance on organic traffic and unlock new sustainable revenue streams.
- Nine-Month Revenue Remained Above Prior-Year LevelRevenue for the first nine months was EUR 30.0 million compared with EUR 31.0 million for the same period last year.
- Disciplined Cost ManagementThe total cost base, excluding depreciation and amortization and items affecting comparability, decreased 13% year-on-year to EUR 7.6 million from EUR 8.7 million. Direct costs decreased 14% year-on-year to EUR 3.1 million, while personnel expenses excluding items affecting comparability decreased 29% year-on-year to EUR 2.6 million.
- Positive Revenue-per-Visit TrendRevenue per visit climbed steadily across the last eight quarters, which management described as confirmation that its efforts to extract more value from each visit are progressing.
- Loyalty Program Revenue GrowthCRM revenue supported by the PlayPerks loyalty program doubled year-on-year. Bonus+ was launched on Bonus.com and is scheduled to become a cross-brand loyalty program across the portfolio from the fourth quarter.
- MRKTPLAYS Established as a Significant Revenue ContributorThe MRKTPLAYS program was contributing more than one-third of group revenue in 2026, validating the company's diversification thesis, although MRKTPLAYS revenue was lower year-on-year in Q3.
- TraffiqX Development and Partner InterestCatena launched the traffiqX website in September and has signed its first launch partners. The open exchange connects licensed publishers and advertisers through discovery, deal, delivery, and intelligence modules, with a full platform beta launch planned for the first quarter of 2027.
- Expansion Beyond Traditional AffiliationThe company accelerated its strategic pivot toward revenue diversification through loyalty programs, MRKTPLAYS, traffiqX, and Catena Growth Ventures, with the aim of evolving beyond affiliation and lead generation into a technical infrastructure and intelligence platform.
- First Catena Growth Ventures InvestmentCatena made its first strategic investment through Catena Growth Ventures in Collectbase, the parent company of Repackz.fun, a B2B platform supplying iGaming operators, brands, and publishers with pack-ripping of real collectibles. Management said it continues to build a pipeline for future investments.
- Launch of PlayPicksThe company launched PlayPicks, a prediction-market discovery product that is open to all users and was built using a fully agentic approach. Management said prediction markets emerged as a strong alternative in the sports vertical and are accessible nationwide.
- Technology and Automation Leadership AppointmentsMartin Zetterlund was appointed Interim Chief Technology Officer, and Stefan Grech was appointed SVP Technology with a mandate to lead work on AI and automation. Automation initiatives are underway across all areas of the business and are part of the company's OKR framework.
- Alberta Launch Met ExpectationsAlberta launched online casino and sports on July 13, representing the first combined product launch since Ontario in 2022. Management said the first quarter of operations in Alberta was in line with expectations.
- Cash Position and Lack of Senior DebtCash and cash equivalents were EUR 13.7 million at the end of September, and the group had no remaining senior debt instruments after repaying its senior bond in Q2 2025. Management stated that the impairment charge was noncash and that the ability to defer hybrid interest payments provided flexibility.
- Administrative Simplification ProgressThe company removed two additional entities during and after the quarter as part of its administrative simplification program. Items affecting comparability were a net gain of EUR 40,000, compared with a cost of EUR 200,000 last year, supported by a EUR 150,000 gain on the divestment of minor assets.
- Hybrid Securities Tender Offer and Share RepurchasesThe company repurchased hybrid capital securities with a nominal amount of SEK 12.5 million for a total tender price of SEK 2.5 million, representing 20% of nominal value. Under the share buyback program of up to 5.98%, 1,025,599 shares had been repurchased by October 30, and the company held 4,149,908 of its own shares, corresponding to 5.27% of the share total.
CTTMF Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Feb 09, 2027 | 2026 (Q4) | ―- | 0.1 | ― | ― |
| Nov 10, 2026 | 2026 (Q3) | ―-0.20 | -0.21 | 7.38% (+0.02) | |
| Aug 11, 2026 | 2026 (Q2) | ―0.00 | 0.01 | -92.11% (-0.01) | |
| May 12, 2026 | 2026 (Q1) | ―0.02 | -0.01 | 257.02% (+0.03) | |
| Feb 10, 2026 | 2025 (Q4) | ―0.10 | -0.02 | 580.19% (+0.12) | |
| Nov 04, 2025 | 2025 (Q3) | ―-0.21 | -0.63 | 66.48% (+0.42) | |
| Aug 12, 2025 | 2025 (Q2) | ―0.01 | -0.04 | 127.67% (+0.05) | |
| May 13, 2025 | 2025 (Q1) | ―-0.01 | -0.04 | 68.85% (+0.03) | |
| Feb 11, 2025 | 2024 (Q4) | ―-0.02 | -0.05 | 55.96% (+0.03) | |
| Nov 07, 2024 | 2024 (Q3) | ―-0.63 | -0.07 | -815.67% (-0.56) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
