{"id":198,"date":"2024-06-18T01:43:27","date_gmt":"2024-06-17T22:43:27","guid":{"rendered":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/18\/catena-media-reports-7-revenue-growth-in-2022-fueled-by-north-american-market\/"},"modified":"2024-06-20T17:14:34","modified_gmt":"2024-06-20T14:14:34","slug":"catena-media-reports-7-revenue-growth-in-2022-fueled-by-north-american-market","status":"publish","type":"post","link":"https:\/\/slotsgardennodepositbonuscodes.icu\/2024\/06\/18\/catena-media-reports-7-revenue-growth-in-2022-fueled-by-north-american-market\/","title":{"rendered":"Catena Media Reports 7% Revenue Growth in 2022 Fueled by North American Market"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/J-x0KKHXlB0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Affiliate marketing firm, Catena Media, announced a revenue surge of 7% for the fiscal year 2022, hitting \u20ac110.1 million (equivalent to $117.3 million in US currency). This positive financial trajectory was largely driven by robust results in the North American market, which now constitutes a substantial share of their total revenue stream.<\/p>\n<p>The company witnessed a remarkable 24% leap in North American revenue, reaching \u20ac84.5 million. This achievement can be partially credited to the introduction of digital sports wagering in Maryland, delivering a considerable upswing in the final quarter of the year.<\/p>\n<p>Despite the overall revenue expansion and the onboarding of 354,050 new depositing clients (representing a 2% uptick), Catena Media recorded a 16% dip in adjusted EBITDA, concluding at \u20ac5.01 million. This translated to an adjusted EBITDA margin of 46%.<\/p>\n<p>Chief Executive Officer Michael Daly conveyed appreciation for the company&#8217;s workforce and their dedication throughout 2022. He maintains a positive outlook on Catena Media&#8217;s prospects as they continue to adapt to the dynamic environment of internet-based gaming and sports betting. <\/p>\n<p>Im genuinely amazed by the team&#8217;s capacity to maintain concentration on objectives, despite the current reorganization. Transitions can be challenging, yet their commitment remains steadfast. A heartfelt appreciation to each and every one of them.&#8221;<\/p>\n<p>This declaration follows intriguing developments earlier this month: Better Collective, a rival firm, procured over 5% of Catena Media. This action has certainly prompted curiosity and ignited considerable conjecture regarding future events. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Affiliate marketing firm, Catena Media, announced a revenue surge of 7% for the fiscal year&#8230;<\/p>\n","protected":false},"author":86,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Catena Media Roars: Revenue Soars 7% to \u20ac110.1 Million!<\/title>\n<meta name=\"description\" content=\"Catena Media just dropped its 2022 financial report, and things are looking up! Their North American market is on fire, fueling a 7% revenue surge to a whopping \u20ac110.1 million. 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