Catena reports triple-digit growth as acquisition strategy pays off

Affiliate marketing firm’s full-year revenues increase 168% YoY to €40m after completing a string of acquisitions in 2016

Catena Media has reported a 168% year-on-year rise in 2016 revenues after the affiliate marketing company reaped the rewards of its aggressive acquisition strategy. Revenues for the 12 months ended 31 December totalled €40.1m, up from €14.9m the previous year, helping the Malta-based firm to post an operating profit of €18.7m. Search revenue accounted for…

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