Welcome to our dedicated page for Nexxen International Ltd. news (Ticker: TRMR), a resource for investors and traders seeking the latest updates and insights on Nexxen International Ltd. stock.
Nexxen International Ltd. (symbol: TRMR), founded in 2007, is a leading publicly traded advertising-technology company specializing in digital advertising solutions. Comprising Tremor Video and Unruly, Nexxen focuses on delivering innovative advertising formats across various platforms including video, mobile, native, display technology, and connected TV.
With a holistic solution powered by an end-to-end technology stack and an in-house dynamic creative studio, Nexxen offers advanced creative and campaign insights as well as optimization services. This unique approach ensures that clients can achieve superior audience targeting and engagement across multiple channels.
Recently, Nexxen has expanded its data-driven solutions, designed to enhance audience targeting, thereby providing advertisers with a competitive edge in today's dynamic market. The company has also forged strategic partnerships aimed at creating new opportunities for brands and advertisers within a growing category.
Financially, Nexxen is transparent and regularly updates its stakeholders with detailed financial results. For the period ending June 30, 2023, the company hosted a webcast and conference call to discuss its financial performance, underscoring its commitment to investor relations and corporate governance.
For further information, Nexxen maintains strong communication channels through its investor relations teams in both the U.S. and the U.K., ensuring that shareholders and potential investors have access to up-to-date data and support.
Contact details include:
- Billy Eckert, Vice President of Investor Relations: ir@nexxen.com
- Caroline Smith, Vice President of Communications: csmith@nexxen.com
- KCSA (U.S. Investor Relations): nexxenir@kcsa.com
- Vigo Consulting (U.K. Investor Relations & Financial PR): nexxen@vigoconsulting.com
- Cavendish Capital Markets Limited: +44 20 7220 0500
Tremor International Ltd. (AIM/NASDAQ: TRMR) has launched a pioneering self-service cross-platform planner designed to address the fragmentation in linear and digital viewership. This innovative technology enables broadcasters to optimize reach and frequency across traditional and digital channels. Major broadcasters and agencies are currently testing this planner, which utilizes real-time data rather than historical metrics for planning media campaigns. The tool integrates directly with existing campaign systems, facilitating effective execution and reporting across platforms. Kenneth Suh, Chief Strategy Officer, emphasized the planner's importance in connecting linear advertising with digital audiences, ultimately enhancing consumer experiences with more relevant advertising.
Tremor International Ltd. (TRMR) reported impressive Q4 and FY 2022 results, with record Contribution ex-TAC of $103 million in Q4 2022, up 16% YoY, and $309.7 million for the year, reflecting a 3% increase. CTV spend soared by 59% to $99.6 million in Q4 and by 41% to $283.6 million for the year. However, Adjusted EBITDA declined by 32% to $36.9 million in Q4 and by 10% to $144.9 million for the year. The company maintains a strong cash position of $115.5 million and plans to leverage acquisitions for growth, despite anticipated advertising demand challenges in H1 2023.
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