Record Quarterly and Annual Contribution
Nexxen International Ltd. generated record quarterly and annual contribution ex-TAC for programmatic revenues and CTV revenue results, alongside significantly expanded profitability.
Strong Revenue Growth in CTV
CTV revenue grew 86% year-over-year, reaching $37 million, reflecting an all-time quarterly record, and representing 38% of programmatic revenue, up from 23% in Q4 2023.
Increased Adjusted EBITDA
Adjusted EBITDA increased by 38% from Q4 2023 to $44.3 million, marking the second-highest quarterly adjusted EBITDA in the company's history.
Impressive Contribution ex-TAC Growth
Contribution ex-TAC grew by 16% year-over-year, reaching $105.2 million, an all-time quarterly record.
Data Products Growth
Contribution ex-TAC from data products grew by 102% year-over-year, driven by increased licensing and usage of data solutions.
Capital Structure Improvements
Nexxen International Ltd. streamlined its trading structure by moving to a single U.S. ordinary share listing on NASDAQ, enhancing long-term capital appreciation potential.