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Investegate |Tremor International Announcements | Tremor International: Full Year Audited 2020 Results



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

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

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

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 activit ....

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