The lead generation and marketing powerhouse, Catena Media, is experiencing a period of remarkable growth! Their revenue has skyrocketed by an astounding 73% in the last year. What’s the secret to their success? A calculated approach to company acquisitions and a bold expansion into untapped markets and industries.
Their latest financial statement paints a clear picture of their achievements. They amassed a staggering €26.1 million (approximately $29.9 million) in the second quarter of this year alone, bringing their total revenue for the first six months to €50 million (roughly $57.3 million). This represents a remarkable 65% surge compared to the corresponding period last year!
Their profitability is also soaring to new heights. Earnings before interest, taxes, depreciation, and amortization (EBITDA) experienced a significant leap of 67%, reaching €22.5 million (around $25.8 million), with an outstanding EBITDA margin of 45%.
A particularly noteworthy accomplishment is their 59% surge in new depositing clients, exceeding 270,000.
Strategic acquisitions have played a pivotal role in Catena’s triumphs. They made a decisive entry into the Italian market by acquiring ASAP ITALIA and solidified their foothold in France by securing ParisSportifs.com, a prominent French sports betting affiliate.
Their ambitions didn’t end there. They set their sights on new frontiers, such as financial services. The acquisition of TheHammerstone.com, a US-based private equity platform, and TheBull.com.au, a premium Australian stock market and news analysis portal, enabled them to further diversify their revenue streams. It appears that Catena Media’s formula for success lies in a blend of astute acquisitions, ambitious expansion, and a touch of diversification.
