TREMOR INTERNATIONAL LIMITED ( (NEXN) ) has released its Q2 earnings. Here is a breakdown of the information TREMOR INTERNATIONAL LIMITED presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Nexxen International Ltd., a global advertising technology platform specializing in data and advanced TV, has reported its financial results for the second quarter of 2025. The company, known for its flexible and unified technology stack, operates primarily in the advertising sector and is listed on NASDAQ.
In the second quarter of 2025, Nexxen achieved record financial performance, with significant increases in key revenue streams such as programmatic and CTV revenues. The company also expanded its strategic partnership with VIDAA, aiming to enhance its North American CTV and data footprint.
Nexxen’s financial highlights for Q2 2025 include a 6% year-over-year increase in Contribution ex-TAC to $87.8 million and an 8% rise in programmatic revenue to $85 million. The company’s Adjusted EBITDA grew by 12% to $29.9 million, reflecting a margin increase to 34%. Additionally, Nexxen maintained a strong cash position with $131.5 million in cash and no long-term debt.
Looking ahead, Nexxen remains confident in its full-year 2025 financial guidance, despite ongoing macroeconomic challenges. The company plans to continue investing in technology, data, and AI to drive growth and improve operational efficiencies, positioning itself for future profitability and market expansion.