Tremor International .(US:TRMR)2023-03-07 11:47Financial Performance - The audited consolidated financial statements for the year ended December 31, 2022, include contributions from Amobee for the period from September 12, 2022, to December 31, 2022, following the acquisition[26]. - Adjusted EBITDA for the company is defined as total comprehensive income adjusted for various expenses, with the adjusted EBITDA margin being a percentage of revenue[27]. - The company considers all revenue to be recurring, with a focus on maintaining a high Contribution ex-TAC retention rate from existing customers[28]. - The fiscal year for the company ends on December 31, and the financial statements are prepared in accordance with IFRS[26]. - The company has experienced significant changes due to the integration of acquisitions over the past three years, impacting financial comparability[26]. Revenue Definitions - The company defines CTV revenue as revenue derived from CTV devices, and video revenue as revenue derived from video format ads on all devices[27]. Market Environment - The market for programmatic buying for advertising campaigns is relatively new and evolving, presenting both opportunities and risks[38]. - The company faces macroeconomic headwinds, including rising inflation and interest rates, which could impact advertising demand[38]. Strategic Focus - The company emphasizes the importance of relationships with data providers for delivering targeted advertising campaigns[38]. - The company is committed to scaling its platform infrastructure to support anticipated growth and transaction volume[38].