Pressmeddelanden, rapporter och bolagsmeddelande för Catena Media P.L.C

Catena Media plc has announced a public tender process to appoint independent external auditors for the financial year ending December 31, 2025. This initiative, approved by the board and managed by the audit committee, seeks proposals from qualified audit firms in compliance with EU Audit Regulation 537/2014, which requires auditor rotation after ten years, and Maltese Companies Act article 151A. Shareholder approval for the chosen auditor will occur at the 2025 Annual General Meeting. Details about the tender process are available on the company's website. Catena Media, headquartered in Malta and employing over 150 people globally, specializes in generating leads for online casino and sports betting operators and is listed on Nasdaq Stockholm Mid Cap.

Catena Media has appointed Martin Zetterlund as a non-executive director to replace Øystein Engebretsen. Zetterlund is a Stockholm-based entrepreneur and investor with expertise in cybersecurity, having co-founded Sentor Managed Security Services and held leadership roles until its acquisition by Accenture in 2021. He also worked as SVP Advanced Projects at Distil Networks. Zetterlund expressed enthusiasm about contributing to Catena Media's growth. Erik Flinck, Chairman of the Board, highlighted Zetterlund's valuable expertise in cybersecurity and technology. The appointment is pending necessary filings with the Malta Business Registry and will last until the next annual general meeting. Catena Media, headquartered in Malta, specializes in generating leads for online casino and sports betting platforms and is listed on Nasdaq Stockholm Mid Cap.

Catena Media has announced the appointment of Stephen Taylor-Matthews as a non-executive director and the departure of Øystein Engebretsen from its board. Stephen Taylor-Matthews, based in London, is a tech entrepreneur and investor with over 20 years of experience in online gaming, sports betting, and data analytics. He is the founder of Polynate and has previously worked at Underdog Fantasy, GoatGaming, and Betgenius. His appointment is part of Catena Media's transformation phase and will be effective after necessary filings with the Malta Business Registry, lasting until the next annual general meeting. Øystein Engebretsen, who served as a non-executive director since September 2018, is leaving the board. Erik Flinck, Chairman of the Board, expressed gratitude for Engebretsen's contributions and welcomed Taylor-Matthews, highlighting his expected positive impact on the company. Catena Media, headquartered in Malta, specializes in generating leads for online casino and sports betting operators and is listed on Nasdaq Stockholm Mid Cap.

Catena Media's interim report for January to September 2024 highlights a challenging Q3 with a 33% decline in revenue, mainly due to underperformance in online sports betting and changes in media partnerships. Despite this, cost-saving measures improved the adjusted EBITDA margin significantly. The company restructured its organizational setup, leading to a leaner team and annual cost savings of EUR 2.2 million. A new executive management team was completed with Liv Biesemans joining as Chief Legal & Compliance Officer. An impairment charge was announced to adjust the balance sheet, reflecting a decrease in the value of the Lineups product. North American casino revenue remained stable, with strategic expansions in Spanish and Portuguese-speaking markets. However, sports betting continued to underperform, with efforts ongoing to address these issues. The company remains focused on improving margins and returning to profitable growth. CEO Manuel Stan and CFO Michael Gerrow will present the Q3 2024 report on 7 November 2024. Catena Media generates leads for online casino and sports betting operators and is listed on Nasdaq Stockholm Mid Cap.

Catena Media will release its third-quarter 2024 interim report on November 7 at 07:00 CET. On the same day, a presentation webcast and teleconference with a Q&A session will occur at 09:00 CET, hosted by CEO Manuel Stan and CFO Michael Gerrow. Participants can ask questions via the webcast or teleconference, with registration details provided. For further information, contact Investor Relations or CFO Michael Gerrow via email. Catena Media, headquartered in Malta, specializes in generating leads for online casino and sports betting platforms and is listed on Nasdaq Stockholm Mid Cap.

Catena Media plc announced its preliminary financial results for the third quarter of 2024, reporting an expected revenue of EUR 10.5-11.0 million and an adjusted EBITDA of EUR 1.0-1.5 million, with a margin of 10-14%. The company also recognized a non-cash impairment charge of EUR 40.0 million, attributed to the writedown of certain sports betting assets due to a shift in their product operating model. This strategic shift focuses on core brands and has led to a decrease in the book value of non-core products, reflecting underperformance in sports betting. CEO Manuel Stan emphasized the importance of aligning the balance sheet with current market realities and highlighted operational improvements such as cost base optimization and better search rankings. Although revenue growth has not yet been reflected in the figures, the company remains optimistic about future prospects. All financial figures are preliminary and unaudited, with final numbers to be released on November 7, 2024. Catena Media is a major provider of leads for online casino and sports betting platforms, headquartered in Malta and listed on Nasdaq Stockholm Mid Cap.

Catena Media plc announced plans to streamline its content production and marketing teams as part of its shift towards a more product-focused organization. This restructuring will eliminate 29 positions, incurring severance costs of approximately EUR 0.4 million, but is expected to save about EUR 2.2 million annually starting November 2024. The initiative aims to align the company more closely with product goals, focusing on key products and diversifying revenue streams. CEO Manuel Stan emphasized the importance of supporting affected employees during this transition. Catena Media, a leader in generating leads for online casino and sports betting platforms, is headquartered in Malta and listed on Nasdaq Stockholm Mid Cap.

Catena Media plc has announced an increase in the number of shares and voting rights by 1,020 due to the exercise of Catena Media warrants (CTM TO1) during the 18th and final warrant exercise period. This followed the publication of the interim report for Q2 2024. As of 30 September 2024, the total number of shares and voting rights has risen from 78,773,422 to 78,774,442, and the share capital has increased by EUR 1.53 to EUR 118,161.66. The new shares have been registered with the Maltese authorities. For further information, contact Investor Relations at ir@catenamedia.com or Michael Gerrow, CFO, at michael.gerrow@catenamedia.com. This information is published in compliance with Malta Financial Services Authority Listing Rules. Catena Media, headquartered in Malta and employing over 200 people globally, is listed on Nasdaq Stockholm Mid Cap and specializes in generating high-value leads for online casino and sports betting operators. More information is available at catenamedia.com.

Theodore Bergqvist, a member of Catena Media plc’s board of directors since May 2019, has decided to step down from his role as non-executive director with immediate effect. The company has not yet chosen a replacement, and the board, chaired by Erik Flinck, will continue with five non-executive directors for now. The board thanked Mr. Bergqvist for his service and wished him well. For more information, contact Investor Relations at ir@catenamedia.com or Erik Flinck at erik.flinck@catenamedia.com. The information was released on 18 September 2024 at 13:00 CEST. Catena Media, headquartered in Malta, specializes in generating high-value leads for online casino and sports betting operators and employs over 200 people globally. The company’s shares are listed on Nasdaq Stockholm Mid Cap. More information can be found at catenamedia.com.

Catena Media plc announced on 28 August that it received a notification from Nordea Bank Abp regarding the acquisition of shares and voting rights in the company. As of 21 August 2024, Nordea Bank Abp holds 5.2% of the shares and voting rights in Catena Media. The full notification is available on the company's website. For more information, contact Investor Relations at ir@catenamedia.com or Michael Gerrow, CFO, at michael.gerrow@catenamedia.com. This disclosure is in compliance with the Capital Markets Rules by the Malta Financial Services Authority and was published on 30 August 2024. Catena Media specializes in generating leads for online casino and sports betting operators and is listed on Nasdaq Stockholm Mid Cap. More details can be found at catenamedia.com.