Year-end report for the period 1 January — 31 December 2015

Fourth quarter

• Revenues totalled EUR 5.90 million (1.45), an increase of 307% compared with the same quarter for the previous year.
• Operating profit increased to EUR 2.90 million (0.87), corresponding to an operating margin of 49% (60%).
• Adjusted operating profit excluding non-recurring IPO expenses amounted to EUR 3.62 million (0.87), corresponding to an adjusted operating margin of 61% (60%).
• Profit for the period before tax amounted to EUR 2.90 million (0.87).
• Adjusted profit for the period before tax excluding non-recurring IPO expenses amounted to EUR 3.62 million (0.87).
• Earnings per share amounted to EUR 0.06347 (0.01540).

Full-year

• Revenues totalled EUR 14.94 million (3.89), an increase of 284% compared with the same period for the previous year.
• Operating profit increased to EUR 8.98 million (2.22), corresponding to an operating margin of 60% (57%).
• Adjusted operating profit excluding non-recurring IPO expenses amounted to EUR 10.15 million (2.22), corresponding to an adjusted operating margin of 68% (57%).
• Profit for the period before tax amounted to EUR 9.00 million (2.21).
• Adjusted profit for the period before tax excluding non-recurring IPO expenses amounted to EUR 10.16 million (2.21).
• Dividend paid during the period amounted to EUR 3.00 million.
• The proposal of Catena Media’s Board of Directors to the Annual General Meeting is that no further dividend be paid for the 2015 financial year.
• Earnings per share amounted to EUR 0.19880 (0.04222).

Events during the fourth quarter of 2015

• The Group acquired Right Casino Media Ltd (“RCM”) in the UK. RCM is based in London and focuses primarily on the UK market. RCM became part of the Group from 1 November 2015.
• The main reason behind the acquisition was to increase the Group’s product range to include pay-per-click (PPC).
• The purchase price for RCM amounts to a maximum of USD 9 million, of which USD 1.5 million was paid on the acquisition date, USD 1.5 million is to be paid on 1 March 2016 and the remaining earn-out component (maximum USD 6 million) is contingent on the financial performance of RCM over the next two years.
• If the Group defaults on the payment of the second instalment of the purchase price for RCM, the guarantors, being the largest shareholders Optimizer Invest Ltd, Aveny Ltd and Pixel Wizard Ltd, shall, on demand by the sellers, unconditionally settle such amount.

Comment from Catena Media’s CEO, Robert Andersson

“We have posted yet another record-breaking quarter with strong growth and profitability. The organic growth achieved during the quarter underlines the success of our business model. Furthermore, we are utilizing our economies of scale when leveraging our investments and recruitments and, accordingly, our revenue reached a record breaking EUR 5.90 million (1.45). Adjusted operating profit amounted to EUR 3.62 million (0.87), corresponding to a margin of 61% (60%),” says Robert Andersson, CEO of Catena Media.

About Catena Media

Catena Media was founded in 2012 and is engaged in online performance marketing and lead generation and is almost exclusively active within the iGaming industry. The group thereby attracts users from multiple online and mobile channels and directs them to the group’s B2B customers mainly consisting of iGaming operators. The group focuses on the iGaming industry, and primarily on iGaming operators who operate online casinos on their own websites. iGaming operators typically use a network of marketing partners, known as affiliates, to promote their products and services and thus attract more end users to their websites. iGaming operators remunerate the affiliates for each end-user they refer to them, through such websites as www.johnslots.com/sv/ and www.rightcasino.com. The group’s Core Focus Markets are Sweden, Norway, Finland, the Netherlands and the United Kingdom. The group has approximately 80 employees and has its registered office in Sliema, Malta.

For more information

Robert Andersson, CEO, +356 770 329 28

Patrik Bloch, CFO, +356 995 502 46

www.catenamedia.com

The information was submitted for publication at 08.00 CET on 26 February 2016. Avanza is the Company’s Certified Advisor.