Catena buy i15 Media
On tick: Catena Media has moved once more to bolster its US presence via the acquisition of the online betting and casino sites of i15 Media for $45m, with $12.5m paid on closing and the rest – including $12.5m of new Catena shares – paid in instalments. Among the portfolio of more than 100 sites […]
Read MoreCatena talks up incubator markets
The top line As prefigured in early April, Q1 revenues soared 53% to €40.7m while adjusted EBITDA nearly doubled to €25.1m. Operating cash flow increased by 85% to €20.8m. Revenue derived from casino rose 54% to €25.3m (62% of total) while sports revenue was up 64% to €14.4m (35% of total). Financial trading revenue fell […]
Read More