900% rise in EBITDA22 May 2018 14:34
I am sure that they will.
Financials
During the Period, RhythmOne has successfully executed against three key objectives it set forth at the start of the financial year and reiterated during the half year:
-- Growth of on-platform programmatic revenues;
-- Execution and integration of key strategic acquisitions; and
-- Continued profitability on an adjusted EBITDA(1) basis.
Other highlights include:
-- Excellent price performance, indicative of inventory quality;
-- Strong cash flows from operations;
-- Identification of larger synergies than originally anticipated from the YuMe acquisition.
Financial and operating performance for the full year and second half-year is estimated to be at least:
(Millions) FY2018 FY2017(2) Change
Revenue $255.0 $149.0 71%
Adjusted EBITDA(1) $14.0 $1.4 900%