Strong Revenue Growth and Contribution
Revenue accounted for $110.5 million representing an 8% year-over-year growth. Contribution ex TAC was $51 million, up 7% year over year, with a healthy 46% margin.
Adjusted EBITDA Increase
Adjusted EBITDA increased 63% year over year to $12.1 million, reflecting the early results of efficiency initiatives.
Robust Growth in Key Segments
Core growth engines such as CTV, retail media, and digital out of home grew by 75%, 40%, and 26% respectively, outpacing overall market growth.
Expansion of Share Repurchase Program
The share repurchase program was expanded by an additional $75 million, bringing the total program to $200 million, reflecting confidence in long-term growth.
Launch of New Products and Strategic Partnerships
Introduction of strategic products like Outmax, Soda, and the Digital Out of Home Player, along with partnerships like Albertsons Media Collective, expanding market presence.