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. (TRMR) reported strong financial results for Q2 and H1 2022, achieving a record adjusted EBITDA of $39.1 million and $72.7 million, respectively, with industry-leading margins of 55% and 51%. Despite a 4% decline in contribution ex-TAC for Q2 compared to 2021, CTV spending rose by 30%. The company’s cash position stands at $361.4 million. Upcoming strategic moves include a $239 million acquisition of Amobee and a $25 million investment in VIDAA, expected to enhance growth and market share. The outlook for 2022 remains positive, despite macroeconomic challenges.
Tremor International Ltd. (AIM/NASDAQ: TRMR) will announce its financial results for the second quarter and six months ending June 30, 2022, on August 16, 2022, before the U.S. market opens. The company provides an end-to-end technology platform for Video, Data, and Connected TV advertising. A webcast and conference call will be held the same day at 9:00 AM ET to discuss these results. Tremor is headquartered in Israel and operates globally, positioning itself as a leader in the video advertising ecosystem.
Tremor International Ltd. (TRMR) has announced its definitive agreement to acquire Amobee for approximately $239 million, enhancing its presence in the Connected TV (CTV) and video advertising market. The transaction is expected to close in Q3 2022, subject to regulatory approvals. Amobee generated about $150 million in contribution ex-TAC for the year ending June 30, 2022. The acquisition will expand Tremor's technology offerings, customer base, and operational capabilities while driving accretive financial growth within the first year.
Tremor International Ltd. (TRMR) announced a strategic $25 million investment in VIDAA, a smart TV operating system by Hisense. This move aims to enhance VIDAA's distribution across key markets including the US, UK, and Germany, and is expected to close in Q3 2022. The partnership grants exclusivity in several regions to Tremor’s ad servers and expands their agreement to share VIDAA's automatic content recognition data for improved advertising targeting. This investment aligns with Tremor's goal to leverage VIDAA's premium content in the growing Connected TV ecosystem.
Tremor International reported a record Q1 2022 with adjusted EBITDA of $33.6 million and a margin of 47% on a contribution ex-TAC basis, up 22% from last year. Organic growth reached 13%, with total contribution ex-TAC hitting $71.0 million. CTV spend surged 21% to $46.2 million, highlighting robust demand despite macroeconomic challenges. The company maintains a healthy balance sheet with $370.8 million in net cash and initiated a $75 million share repurchase program. Looking ahead, Tremor is optimistic about industry catalysts, including the FIFA World Cup and U.S. elections.
Comscore reported Q1 2022 revenue of $94.0 million, a 4% increase from Q1 2021. The company achieved a net loss of $9.3 million, significantly down from $36.4 million in the previous year. Adjusted EBITDA rose 22% to $6.8 million. Growth was driven by double-digit revenue increases in TV measurement and a 20% rise in activation services. Comscore continues to establish itself as a key player in cross-platform media measurement, securing new contracts with major companies like Warner Bros. Discovery and Paramount Global.
Tremor International Ltd. (TRMR) will release its Q1 financial results for the period ended March 31, 2022, on May 17, 2022, before the U.S. market opens. The company, a leader in Video, Data, and CTV advertising, will host a conference call at 9:00 AM ET to discuss the results. Tremor specializes in an end-to-end advertising platform, enhancing campaign optimization for advertisers and yield maximization for media partners. The webcast can be accessed via the provided link, with participant dial-in numbers listed for various regions.
Tremor International (TRMR) has expanded its partnership with Fyllo to enhance programmatic video and Connected TV advertising by targeting premium cannabis and CBD consumers. This collaboration integrates Tremor's extensive TV viewership data with Fyllo's offline-sourced consumer data, creating unique audience segments. Representing over 64 million Americans, cannabis consumers are seen as a lucrative target for brands. Tremor aims to leverage this data to provide advertisers with precise targeting opportunities, thereby driving performance in the video and CTV sectors.
Tremor International has partnered with Comscore to enhance its advertising capabilities through privacy-friendly, cookie-free audience targeting. The agreement allows Tremor Video and Unruly platform users to access Comscore’s Predictive Audiences, which use contextual signals for targeting across desktop, mobile, and Connected TV. This partnership aims to improve campaign performance and comply with emerging privacy regulations by providing access to over 1,000 audience segments. The use of advanced technology will support advertisers in reaching detailed audience profiles effectively.
Tremor International Ltd. (TRMR) reported record financial results for Q4 and FY 2021, with a contribution ex-TAC of $88.6 million for Q4, up 20%, and $302 million for the year, up 64%. Adjusted EBITDA reached $54 million for Q4, a 38% increase, and $161.2 million for FY 2021, up 166%. The company has initiated a $75 million share repurchase program, funded through its cash reserves of $367.7 million. Tremor also highlighted strong CTV and video performance, with CTV spend growing by 47% in Q4 and 108% for the year. The outlook remains positive amid anticipated growth in the digital advertising sector.
FAQ
What is the market cap of Nexxen International Ltd. (TRMR)?
What does Nexxen International Ltd. specialize in?
What are the core components of Nexxen International Ltd.?
How does Nexxen enhance audience targeting?
What recent developments have Nexxen achieved?
How can investors get in touch with Nexxen International Ltd.?
Where can I find Nexxen’s financial updates?
What is the significance of Nexxen’s partnerships?
How does Nexxen ensure effective audience engagement?
Who are the key investor relations contacts for Nexxen in the U.K.?
What are some of Nexxen's primary advertising platforms?
