Catena Media Q4 revenue stagnant as share price jumps on 2021 start

Performance picks up in January after affiliate was struck by German headwinds and poor legacy casino portfolio

Catena Media posted stagnant year-on-year (YoY) revenue of €26.6m for the fourth quarter of 2020. The Malta-based affiliate’s casino revenue amounted to €16m, or 60% of total revenue, while the sports segment (€9.3m) accounted for 35% of total revenue. The remaining 5% was derived from Catena Media’s financial services arm, which posted €1.3m in revenue…

Affiliate | Catena Media | Finance | Q4 2020 | Sweden