LONDON and TEL AVIV, Israel, March 21, 2016 /PRNewswire/ -- Matomy Media Group Ltd. (LSE: MTMY, TASE: MTMY.TA) ("Matomy" or the "Company"), a leading provider of digital performance-based advertising, today announced its financial results for the year ended December 31, 2015. Revenues for the full year 2015 were $271.0 million on a GAAP basis, an increase of 14% compared to 2014. Adjusted EBITDA was $25.7 million, an increase of 27% compared to 2014.The full results are available in Matomy's annual report, accessible at investors.matomy.com.
Ofer Druker, Chief Executive Officer of Matomy, commented, "2015 was a transitional year for Matomy as the company shifted its focus to mobile and video, which are widely considered to be the strongest growth engines in the digital industry. This transition was achieved through a combination of developing an effective set of programmatic tools, strong growth and the acquisitions of MobFox (mobile SSP) in late 2014 and Optimatic (video advertising platform that also offers SSP services) in late 2015."
Mr. Druker continued, "We are starting 2016 with a broad set of complementary tools for mobile and video advertising and publishing. Consumers are increasingly connected through their mobile devices and video has become one of the most effective formats to deliver messages and build engagement. We strongly believe that we have the right capabilities to support our growth and market leadership."
"Our investments in programmatic capabilities enabled us to improve efficiencies, contributing to lower operating expenses, and improving our capability to generate scale. We ended the year with a strong balance sheet, improved margins and an excellent set of technological capabilities to fuel our future growth. 2015 was a year of achievement for Matomy and we are enthusiastic about 2016 and beyond," concluded Mr. Druker.
Matomy will host a conference call at 14:00 BST / 10:00 EDT today, Monday March 21, 2016, to discuss these results. Matomy CEO Ofer Druker, COO/CFO Sagi Niri and SVP Finance Keren Farage will host the call.
The conference call can be accessed at +44 (0) 808 238 9578 (UK), +1 888 771 4371 (US) or +972 1809 212 582 (Israel), conference ID# 42013384
A replay of the conference call will be available on the investor relations section of the Company's website from Thursday, March 24, 2016.
About Matomy Media Group Ltd.
Matomy Media Group Ltd. (LSE: MTMY) is one of the world's leading digital performance-based advertising companies, delivering results with advanced programmatic proprietary technologies including ad exchanges, SSPs and DSPs in mobile, video, domain monetization and email marketing. Matomy provides a single gateway to all digital media channels, and combines internal media capabilities, big data analytics and advanced optimization technology to ensure quality leads and sales for its advertising clients and maximum monetization for its media partners. The media channels include mobile, video, display, social, email marketing, search marketing (SEM, SEO and ASO) and domain monetization.
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Some statements in this announcement are forward-looking. They represent expectations for Matomy's businesses or share trading, and involve risks and uncertainties. These forward-looking statements are based on current expectations and projections about future events, and Matomy believes that current expectations and assumptions with respect to these forward-looking statements are reasonable. However, because they involve known and unknown risks, uncertainties may exist in some cases beyond the control of Matomy, actual results or performance may differ materially from those expressed or implied by such forward-looking statements.
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SOURCE Matomy Media Group Ltd.