Finance Group hit by regulatory headwinds and Google update in Q4

Fourth quarter revenue drops 30% as full-year performance impacted by Sweden and UK Group today reported a Q4 revenue decrease of 30% driven by regulatory changes and updates to Google’s search algorithm. Fourth quarter revenue fell to €3.44m, down from €4.94m in the same period last year, as the affiliate’s UK and Swedish activity declined by 12% for full-year 2019. Q4 adjusted EBITDA dropped by 32% to…

Affiliates | Finance | Group | Google | Sweden | UK