{"id":529563,"date":"2021-08-19T02:03:08","date_gmt":"2021-08-19T06:03:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tremor-international-reports-record-results-for-the-three-and-six-months-ended-june-30-2021\/"},"modified":"2021-08-19T02:03:08","modified_gmt":"2021-08-19T06:03:08","slug":"tremor-international-reports-record-results-for-the-three-and-six-months-ended-june-30-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tremor-international-reports-record-results-for-the-three-and-six-months-ended-june-30-2021\/","title":{"rendered":"Tremor International Reports Record Results for the Three and Six Months Ended June 30, 2021"},"content":{"rendered":"

\nProgrammatic Revenue increased 196% in Q2 driven by 280% growth in CTV, representing strong organic growth
\n<\/h2>\n
\n

TEL-AVIV, Israel, Aug. 19, 2021 (GLOBE NEWSWIRE) — Tremor International Ltd. (AIM\/NASDAQ: TRMR) (\u201cTremor\u201d or the \u201cCompany\u201d), a global leader in Video and Connected TV (‘CTV’) advertising, offering an end-to-end technology platform that enables advertisers to reach relevant audiences and publishers to maximize yield on their digital advertising inventory, announced today its financial results for the three and six months ended June 30, 2021.<\/p>\n

\u201cI am pleased to report that the first half of 2021 further validated Tremor\u2019s strategy of developing an end-to-end technology platform and our focus on Video, CTV and data. This impressive revenue growth, which we believe is one of the highest across our peer group, affirms our continued investment in product innovation and business development,\u201d said Ofer Druker, Chief Executive Officer of Tremor. \u201cI am equally proud that the entirety of the growth we achieved in the first half of 2021 was organic and as a result of increased client spending on programmatic advertising. Increasingly, Tremor is empowering our clients to deliver impactful brand stories to targeted, relevant audiences globally.\u201d<\/p>\n

Mr Druker concluded, \u201cThe successful capital raise through our U.S. IPO and concurrent listing of our shares on NASDAQ in June represents a milestone achievement for Tremor and a de-facto endorsement from our shareholders.\u201d<\/p>\n

\n
\n Second Quarter 2021 Financial Highlights ($ in millions, except per share amount) <\/u>
\n <\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\n
\n Three months ended June 30<\/strong>
\n <\/strong>\n <\/td>\n		\n
\n Six Months ended June 30<\/strong>
\n <\/strong>\n <\/td>\n<\/tr>\n
\n \u00a0 <\/strong>\n <\/td>\n\n
\n 2021<\/strong>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n
\n 2020<\/strong>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n
\n %<\/strong>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n
\n 2021<\/strong>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n
\n 2020<\/strong>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\n
\n %<\/strong>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n<\/tr>\n
\n
\n IFRS highlights<\/strong>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Revenues<\/td>\n81.4<\/td>\n\u00a0<\/td>\n35.7<\/td>\n\u00a0<\/td>\n128%<\/td>\n\u00a0<\/td>\n152.4<\/td>\n\u00a0<\/td>\n74.3<\/td>\n\u00a0<\/td>\n105%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Programmatic Revenues<\/td>\n67.5<\/td>\n\u00a0<\/td>\n22.8<\/td>\n\u00a0<\/td>\n196%<\/td>\n\u00a0<\/td>\n123.2<\/td>\n\u00a0<\/td>\n50.0<\/td>\n\u00a0<\/td>\n146%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating Profit\/(Loss)<\/td>\n21.2<\/td>\n\u00a0<\/td>\n(13.8)<\/td>\n\u00a0<\/td>\n254%<\/td>\n\u00a0<\/td>\n36.4<\/td>\n\u00a0<\/td>\n(31.5)<\/td>\n\u00a0<\/td>\n216%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total Comprehensive Income\/(Loss)<\/td>\n24.4<\/td>\n\u00a0<\/td>\n(12.7)<\/td>\n\u00a0<\/td>\n293%<\/td>\n\u00a0<\/td>\n36.4<\/td>\n\u00a0<\/td>\n(29.6)<\/td>\n\u00a0<\/td>\n223%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Diluted EPS<\/td>\n0.17<\/td>\n\u00a0<\/td>\n(0.09)<\/td>\n\u00a0<\/td>\n292%<\/td>\n\u00a0<\/td>\n0.26<\/td>\n\u00a0<\/td>\n(0.19)<\/td>\n\u00a0<\/td>\n234%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Non-IFRS highlights<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Contribution ex-TAC<\/td>\n73.7<\/td>\n\u00a0<\/td>\n28.5<\/td>\n\u00a0<\/td>\n159%<\/td>\n\u00a0<\/td>\n136.7<\/td>\n\u00a0<\/td>\n60.6<\/td>\n\u00a0<\/td>\n126%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n37.3<\/td>\n\u00a0<\/td>\n1.2<\/td>\n\u00a0<\/td>\n2,930%<\/td>\n\u00a0<\/td>\n64.8<\/td>\n\u00a0<\/td>\n1.8<\/td>\n\u00a0<\/td>\n3,545%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Adjusted EBITDA Margin<\/td>\n51%<\/td>\n\u00a0<\/td>\n4%<\/td>\n\u00a0<\/td>\n1,070%<\/td>\n\u00a0<\/td>\n47%<\/td>\n\u00a0<\/td>\n3%<\/td>\n\u00a0<\/td>\n1,516%<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-IFRS net Income (Loss)<\/td>\n32.8<\/td>\n\u00a0<\/td>\n(3.2)<\/td>\n\u00a0<\/td>\n1,111%<\/td>\n\u00a0<\/td>\n50.2<\/td>\n\u00a0<\/td>\n(5.7)<\/td>\n\u00a0<\/td>\n983%<\/td>\n\u00a0<\/td>\n<\/tr>\n
Non-IFRS Diluted EPS<\/td>\n0.23<\/td>\n\u00a0<\/td>\n(0.02)<\/td>\n\u00a0<\/td>\n1,054%<\/td>\n\u00a0<\/td>\n0.35<\/td>\n\u00a0<\/td>\n(0.04)<\/td>\n\u00a0<\/td>\n935%<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n
\n
\n
Second Quarter and H1 Highlights<\/u>
\n <\/strong>
\n \n <\/p>\n