• Catena Media published its interim financial report, revealing details regarding its performance for the second quarter and first six months of 2025
• Despite a dip in revenue, the company reported an increase in Adjusted EBITDA and EBITDA from continuing operations
• Catena implemented cost optimization measures, among other important objectives

The publicly traded online gambling information company, Catena Media, released its Interim Report, uncovering details regarding its performance for the January-June 2025 period.

During this transformational period, the company implemented business optimization measures that have already shown a positive impact.

In Q2, the company acknowledges that stabilization efforts are paying off

Per Catena Media’s Interim Report, the revenue from continuing operations during the second quarter, or the three months ended June 30, 2025, was €9.6m.

A year-over-year comparison to the €12.8m reported during the corresponding period in 2024 points a 25% decrease in Q2 this year.

A quarter-over-quarter comparison to Q1 2025 reveals that revenue decreased only by 2%, while adjustment for currency translation due to the weaker US dollar revenue suggests a revenue increase by 6%.

Catena Media’s report uncovers that its North American revenue decreased by 23% to €8.7m, down from €11.2m in Q2 2024.

Another dip was recorded in the number of new depositing customers.

In Q2 2025, Catena Media recorded 20,229 new depositing customers, a figure that points to a 36% decrease year-over-year.

Despite the decrease in revenue for the second quarter, the company posted significant increase in Adjusted EBITDA and EBITDA from continuing operations.

Adjusted EBITDA from continuing operations between April and June 2025 increased by 104% to €1.4m, a figure that corresponds to an adjusted EBITDA margin of 14%.

On the other hand, EBITDA from continuing operations for the same period soared by 483% to €2.2m.

Manuel Stan, Catena Media’s CEO, said about the latest results: “Q2 brought signs that our stabilization efforts are having a measurable impact.”

Moreover, he pointed out: “Although we remain cautious in our outlook, it is encouraging to report our strongest quarter-on-quarter performance for Q2 for several years – driven by underlying business improvements rather than state launches or seasonal tailwinds.”