Earlier this week, leading video advertising technology firm Tremor Internation (LSE:TRMR) announced its full year results for the 12 months ended 31 December 2019.
The release saw the company reveal that its revenues had risen 18% year-on-year over the period to $325.8 million, with its acquisition and integration of RhythmOne underpinning this increase.
Meanwhile, Tremor’s gross profit rise by 24% to $138.5 million, its adjusted EBITDA grew by 37% to $60.4 million, and it left the period with a healthy $76.9 million cash balance.
In the video below, provided by piworld, Tremor’s chief executive Ofer Druker runs tells the story behind these figures in more detail as well as outlining his expectations for the company’s future.
piworld provides content for investors, by investors.
The organisation aims to help private investors get closer to companies and their management and – in turn – make more informed investment decisions.
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