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Catena Media plc (CTTMF)
OTHER OTC:CTTMF
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.4Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Negative
The earnings call highlighted significant cost savings and improvements in adjusted EBITDA and debt reduction. However, these positive aspects were overshadowed by a substantial decline in revenue, particularly in the Sports segment, and a large noncash impairment charge. The company's strategy to reduce reliance on new state launches and focus on organic growth is a positive step, but the current financial challenges present a concerning outlook.Company Guidance
During Catena Media's Q3 2024 earnings call, the company provided detailed guidance focusing on cost-saving measures, revenue trends, and strategic outlook. The executive team highlighted a new organizational structure that resulted in the layoff of 29 employees, saving EUR 2.2 million annually starting in Q4. The financial summary revealed a 33% decline in Q3 revenue from continued operations to EUR 10.7 million, while adjusted EBITDA dropped 58% year-on-year to EUR 1.3 million. However, EBITDA improved 97% quarter-on-quarter, with margins rising from 5% in Q2 to 13% in Q3. North America contributed 89% of group revenue, indicating a regional focus. The company also noted a significant EUR 40 million non-cash impairment charge to adjust the book value of certain assets. Despite challenging market conditions, particularly in the sports segment, Catena Media remains committed to diversifying its revenue streams and focusing on organic growth, targeting double-digit growth in 2025. The strategic plan emphasizes people, product, and profitability, aiming to build a sustainable revenue model less reliant on new market launches.Cost Savings from Organizational Restructuring
The restructuring, including a reduction of 29 employees, will generate an annual cost saving of around EUR 2.2 million starting in Q4.
Adjusted EBITDA Improvement
Adjusted EBITDA improved 97% quarter-on-quarter with the margin improving from 5% in Q2 to 13% in Q3, peaking at 18% at the end of the quarter.
Debt Reduction
Net interest debt decreased year-over-year by 43% to EUR 14.6 million, and the company holds a net cash position of EUR 7.4 million when including future proceeds from divested assets.
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CTTMF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CTTMF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $0.69 | $0.69 | 0.00% |
| Nov 07, 2024 | $0.69 | $0.69 | 0.00% |
| Aug 14, 2024 | $0.57 | $0.59 | +3.51% |
| May 07, 2024 | $0.70 | $0.62 | -11.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Catena Media plc (CTTMF) report earnings?
Catena Media plc (CTTMF) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Catena Media plc (CTTMF) earnings time?
Catena Media plc (CTTMF) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CTTMF EPS forecast?
Currently, no data Available
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