Catena Media Reports Q1 2025 Earnings Decline

Catena Media plc ( (CTTMF) ) has released its Q1 earnings. Here is a breakdown of the information Catena Media plc presented to its investors.

Catena Media plc is a digital marketing company operating in the online gambling industry, primarily focusing on affiliate marketing and lead generation services. The company is known for its strong presence in North America and its efforts to diversify revenue streams through subaffiliation and lifecycle marketing.

In its latest earnings report for the first quarter of 2025, Catena Media reported a significant decline in revenue and profitability. The company’s revenue from continuing operations fell by 39% to EUR 9.8 million, while adjusted EBITDA decreased by 51% to EUR 0.9 million. The decline was attributed to operational challenges, particularly in North America, and the impact of search engine algorithm updates.

Key financial metrics highlighted in the report include a 50% decrease in new depositing customers and a 31% drop in EBITDA. The company also implemented cost-cutting measures, including a 25% reduction in headcount, to improve operational efficiency and reduce annual costs by approximately EUR 4.5-5.0 million. Despite these challenges, Catena Media saw progress in its diversification efforts, with subaffiliation and lifecycle marketing reaching all-time highs.

Looking ahead, Catena Media’s management is focused on stabilizing the business and driving profitable revenue growth. The company aims to enhance operational efficiency and invest in technology to build scalable growth platforms. Management remains committed to executing a turnaround plan to deliver long-term value to shareholders.