TNL Mediagene Pursues Cost-Efficient Expansion with New C-Level Hires and Strategic M&A Focus

Company Appointments - TNL Mediagene appointed Aya Miyake as Chief Governance Officer and Carly Ma as Chief Human Resources Officer as part of its Global Talent Management strategy [1] - Aya Miyake has over 20 years of experience in capital markets and corporate governance, which will enhance TNL Mediagene's expertise in public company matters [2] - Carly Ma brings over a decade of HR experience from multinational corporations, which will strengthen TNL Mediagene's talent acquisition and optimization functions [3][4] M&A Strategy - TNL Mediagene updated its M&A strategy, focusing on revenue growth and diversification, particularly in Southeast Asia, Japan, and Taiwan, as well as English-speaking markets like the US, Canada, UK, and Australia [5][6] - The company has acquired and integrated 10 companies since 2018 and maintains an active pipeline of M&A opportunities [6] - TNL Mediagene aims to acquire assets that complement its current businesses or where it can add value through technology, multilingualization, or cost discipline [6] Financial Performance - In FY2024, TNL Mediagene achieved a 35% revenue growth, with gross margin expanding to 36.6% and Adjusted EBITDA margin nearing break-even at -1.8% [7] - Revenue figures for the years ended December 31 are as follows: 2022 at $20.01 million, 2023 at $35.84 million (79.1% growth), and 2024 at $48.49 million (35.3% growth) [8] - The company reported a gross profit of $17.74 million in 2024, with a margin of 36.6% [8]