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Investegate |Ethernity Networks Announcements | Ethernity Networks: Final Results
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Investegate |Ethernity Networks Announcements | Ethernity Networks: Replacement
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[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource Games Press.]
Paris, 9 June 2021 – Voodoo, one of the world’s leading mobile games publishers, has today announced the acquisition of Tel Aviv based Bidshake Ltd., a leading cross-channel marketing automation platform for mobile games and apps.
Since its official launch in January 2020, Bidshake has been on a mission to become the one-stop automation platform for all user acquisition and monetization needs. Bidshake combines data aggregation and analytics with campaign and creative management. Through a customer-centric approach and automation, Bidshake enables marketers to make data-driven decisions in real-time and at scale. With Bidshake’s unified solution, mobile developers can grow their app or game quickly, easily, and efficiently.
InterCure Announces Preliminary First Quarter Record Financial Results
Revenues
,
InterCure
by the end of Q2
HERZLIYA, Israel, May 09, 2021 (GLOBE NEWSWIRE) InterCure Ltd. (TSX: INCR:U, TASE: INCR)(dba Canndoc)(the “Company”) today announced preliminary financial results for the first quarter of 2021.
Preliminary
First Quarter 2021 Highlights
Record revenue expected to be an estimated NIS 33 million, 8 times greater than Q1 2020 and an increase of more than 22% compared to Q4 2020;
Continued increase in operating profit, EBITDA and net profit;
Continued market share growth due to solid demand for Canndoc’s branded products and the expansion of ‘GIVOL’ Pharmacy chain;
Revenue growth expected to continue in Q2 and throughout 2021;
o Programmatic
1 n et revenue increased by 30% to $161.6 million (2019: $124.2million) offset by an anticipated decrease of 43% in Performance
2 activity o Total net revenue increased by 12% to $184.3 million (2019: $164.0 million) with 88% of net revenues generated from Programmatic activities compared to 76% in 2019, and 91% in Q4 2020 - see table below · Record H2 adjusted EBITDA
3 of $58.7 million, up 51% vs. H2 2019 o Full year 2020 adjusted EBITDA of $60.5 million (2019: $60.4 million) impacted by Covid-19 related and industry-wide headwinds across global advertising markets in H1 2020 o I ncrease in Programmatic activities, mainly attributable to revenue growth in Connected TV ( CTV ), self-serve platform as well as the DSP offerings in private marketplaces. This was offset by the anticipated decrease in Performance activities
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