Catena Media has shown positive growth for the first quarter of 2018.
Revenues increased by 57 per cent, totalling €23.9m. EBITDA increased by 44 per cent and totalled €10.4m, corresponding to an EBITDA margin of 44 per cent.
Adjusted EBITDA, excluding non-recurring costs, increased by 63 per cent and totalled €12.4m, corresponding to an adjusted EBITDA margin of 52 per cent.
Net cash generated from operating activities came to €10,3m, and new depositing customers totalled 133,322, an increase of 66 percent. Earnings per share amounted to €0,09 before dilution. and €0,08 after dilution.
Henrik Persson Ekdahl, acting CEO, said: “The quarter was the best to date, up 19 per cent from Q4 2017, and we are progressing well towards our 2020 target.”
