25th May 2021 20:31
Tremor International Ltd - Tel Aviv-based advertising technology - Sees a record performance in first quarter, which says is historically a quieter period for the company. In three months to March 31, revenue up 96% to USD63.0 million a year ago and posts adjusted Ebitda of USD27.5 million, versus USD500,000 a year prior.
Looking ahead, Tremor remains confident in the medium to long-term prospects with company well-placed to further benefit from the ongoing resurgence in the global digital advertising industry.
Separately, Tremor International files for Nasdaq IPO of American Depositary Shares.
Current stock price: 822p
Year-to-date change: double
By Arvind Bhunjun; [email protected]
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