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Catena Media ( (SE:CTM) ) just unveiled an update.
Catena Media’s Q1 2025 interim report reveals a significant decline in revenue and adjusted EBITDA, attributed to challenges in their core search business and a strategic shift towards subaffiliation, which offers lower margins. In response, the company has implemented efficiency measures, including a 25% reduction in headcount and a transition to a unified tech stack, aiming to reduce costs and improve operational agility. These steps are part of a broader strategy to stabilize the business, enhance profitability, and drive revenue growth through improved operational efficiency and scalable growth platforms.
More about Catena Media
Catena Media operates in the digital marketing industry, focusing on performance-based marketing and lead generation primarily for the online gaming and gambling sectors. The company is heavily invested in the North American market and aims to diversify its revenue streams through subaffiliation and lifecycle marketing.
Average Trading Volume: 73,981
Current Market Cap: SEK145.4M
For an in-depth examination of CTM stock, go to TipRanks’ Stock Analysis page.