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. (TRMR) delivers cutting-edge advertising technology through its Tremor Video and Unruly platforms, serving brands and agencies worldwide. This news hub provides stakeholders with centralized access to official announcements, financial disclosures, and strategic developments from the ad-tech innovator.
Investors and industry professionals will find comprehensive coverage of earnings reports, technology innovations, strategic partnerships, and market expansion initiatives. The curated collection ensures timely access to material updates that impact understanding of Nexxen's position in the competitive digital advertising landscape.
Regular updates include details on connected TV advancements, data-driven targeting solutions, and creative optimization developments. All content is sourced from verified company communications, maintaining accuracy for informed decision-making.
Bookmark this page for streamlined access to TRMR's latest corporate developments. For direct inquiries, utilize Nexxen's investor relations contacts provided with each news update.
Tremor International Ltd. (AIM/NASDAQ: TRMR) has launched a pioneering self-service cross-platform planner designed to address the fragmentation in linear and digital viewership. This innovative technology enables broadcasters to optimize reach and frequency across traditional and digital channels. Major broadcasters and agencies are currently testing this planner, which utilizes real-time data rather than historical metrics for planning media campaigns. The tool integrates directly with existing campaign systems, facilitating effective execution and reporting across platforms. Kenneth Suh, Chief Strategy Officer, emphasized the planner's importance in connecting linear advertising with digital audiences, ultimately enhancing consumer experiences with more relevant advertising.
Tremor International Ltd. (TRMR) reported impressive Q4 and FY 2022 results, with record Contribution ex-TAC of $103 million in Q4 2022, up 16% YoY, and $309.7 million for the year, reflecting a 3% increase. CTV spend soared by 59% to $99.6 million in Q4 and by 41% to $283.6 million for the year. However, Adjusted EBITDA declined by 32% to $36.9 million in Q4 and by 10% to $144.9 million for the year. The company maintains a strong cash position of $115.5 million and plans to leverage acquisitions for growth, despite anticipated advertising demand challenges in H1 2023.
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