Digital Revenue Growth
Total digital revenue grew by 6% year-over-year in Q1 2025, contributing to 57% of total net revenue, the highest percentage achieved by Townsquare yet.
Digital Segment Profit Increase
Digital segment profit increased by 16% year-over-year with a profit margin of 25%, and digital first quarter contribution grew to be 62% of total segment profit.
Townsquare Ignite Performance
Digital advertising net revenue increased by 8% year-over-year, driven by the digital programmatic business, which makes up approximately 60% of the segment's revenue.
Townsquare Interactive Profit Growth
Townsquare Interactive's segment profit increased by 22% year-over-year, with profit margins expanding to 32% in Q1 2025.
Overall Profit Growth
First quarter adjusted EBITDA increased by 3.5% year-over-year to $18.1 million, above the company's guidance range.