Catena Media has announced preliminary results for the fourth quarter of 2022 ahead of the year-end report to be published on February 22.
The group expects fourth-quarter revenue from operations in North America to reach €21.5m (€16.4m), a 31 per cent increase year-on-year. The North American market accounted for 78 per cent of group revenue from continuing operations during the quarter.
The group projects total revenue from continuing operations of €27.4m (€23.8m), a 15 per cent increase year-on-year. Adjusted EBITDA from continuing operations, excluding items affecting comparability, is expected to reach €10.8m (€9.4m), up 14 per cent and representing a margin of 39 per cent.
