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


Revenue in the fourth quarter increased by 307 per cent
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.

Attachments

02255517.pdf