Earnings release
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Tremor International Reports Record Results for the Three and Six Months Ended June 30 , 2021 -Programmatic Revenue increased 196 % in Q2 driven by 280 % growth in CTV , representing strong organic growth TEL - AVIV , Israel - August 19 , 2021 Tremor International Ltd. ( AIM / NASDAQ : TRMR ) ( “ Tremor ” or the " Company " ) , a global leader in Video and Connected TV ( ' CTV ' ) advertising , offering an end - to - end technology platform that enables advertisers to reach relevant audiences and publishers to maximize yield on their digital advertising inventory , announced today its financial results for the three and six months ended June 30 , 2021 . " I am pleased to report that the first half of 2021 further validated Tremor's strategy of developing an end - to - end technology platform and our focus on Video , CTV and data . This impressive revenue growth , which we believe is one of the highest across our peer group , affirms our continued investment in product innovation and business development , " said Ofer Druker , Chief Executive Officer of Tremor . “ I am equally proud that the entirety of the growth we achieved in the first half of 2021 was organic and as a result of increased client spending on programmatic advertising . Increasingly , Tremor is empowering our clients to deliver impactful brand stories to targeted , relevant audiences globally . " Mr Druker concluded , " The successful capital raise through our U.S. IPO and concurrent listing of our shares on NASDAQ in June represents a milestone achievement for Tremor and a de - facto endorsement from our shareholders . " Second Quarter 2021 Financial Highlights ( $ in millions , except per share amount ) IFRS highlights Revenues Programmatic Revenues Operating Profit / ( Loss ) Total Comprehensive Income / ( Loss ) Diluted EPS Non - IFRS highlights Contribution ex - TAC Adjusted EBITDA Adjusted EBITDA Margin Non - IFRS net Income ( Loss ) Non - IFRS Diluted EPS 2021 Three months ended June 30 2020 81.4 67.5 21.2 24.4 0.17 73.7 37.3 51 % 32.8 0.23 35.7 22.8 ( 13.8 ) ( 12.7 ) ( 0.09 ) 28.5 1.2 4 % ( 3.2 ) ( 0.02 ) % 128 % 196 % 254 % 293 % 292 % 159 % 2,930 % 1,070 % 1,111 % 1,054 % 2021 Six Months ended June 30 2020 152.4 123.2 36.4 36.4 0.26 136.7 64.8 47 % 50.2 0.35 74.3 50.0 ( 31.5 ) Exhibit 99.1 ( 29.6 ) ( 0.19 ) 60.6 1.8 3 % ( 5.7 ) ( 0.04 ) % 105 % 146 % 216 % 223 % 234 % 126 % 3,545 % 1,516 % 983 % 935 %