April Lin brings over two decades of media and business experience including prior roles as President and Editor-in-Chief of Money Weekly, Producer and Host of FTV News' finance program Financial Frontline Forum and Director of FTV New Media Center among several other talk show roles. April's extensive experience includes repeat forum hosting roles at the Global Brand Industry Summit Forum, What's Next Future Technology Industry Summit, Hit FinTech Financial Technology Industry Summit, Hit AI & Blockchain and Cross-Border E-commerce Trends Forum among others.
Business Insider is a leading global news brand renowned for its coverage of business, technology, and innovation. The Company has had a successful partnership with Business Insider for several years through Business Insider Japan and the associated Money Insider, Tech Insider and Life Insider media properties. These properties drive approximately 6.7 million2 average monthly unique users and 23 million2 average monthly views, providing significant engagement and extensive monetization opportunities for the Company through sponsored content, advertising and affiliate marketing revenue streams. The Company's Business Insider related media properties form a key part of the Company's Media & Branded Content business unit; a fast-growing business unit that comprises 25 media properties and contributed approximately $13.7 million to FY2024 consolidated revenue at a growth rate of 41% and comprised approximately 28% of FY2024 consolidated revenue.
Through Business Insider Taiwan, the Company is expanding their Business Insider partnership further to target the very large, active and lucrative global Mandarin language market. This market is a key focus area for growth for the Company through its multilingualization strategy as Mandarin language readers have many cultural similarities to Japanese readers and very significant overlap in consumer viewpoints, purchasing power and lifestyle habits with regard to Business Insider's key content categories, including tech, finance and lifestyle. Through the Company's multilingualization efforts popular existing media properties are brought to new language markets where the content is then supplemented with local market editorial expertise to better address the new language market and to keep the content fresh and engaging.
"The Business Insider properties have always been a special part of our media portfolio. We are thrilled to be expanding these exceptional properties into the Mandarin language market through Business Insider Taiwan. We couldn't be happier to have April Lin at the helm as Editor-in-Chief. There are few people in Taiwan and in the region with April's extensive breadth and quality of experience in the media space. We feel that the publication is in good hands with April and the editorial quality will remain very high and engaging for our readers. We see the Business Insider Taiwan launch as a great opportunity to further build a cross-Asia knowledge network," Co-Founder & President Motoko Imada said.
April Lin, Editor-in-Chief of Business Insider Taiwan, said "We see the opportunity for Business Insider Taiwan to be the platform that fills the gap in the Mandarin language market media landscape – a platform that provides insightful, actionable journalism on tech, business, lifestyle and innovation in a format appreciated by Asian Millennial and Gen Z audiences. We aim to build an accessible knowledge platform grounded in substance."
At the group level, the Company's diverse, high-quality and popular content drives 45+ million monthly unique users3 and 189+ million monthly digital footprints4 which creates strong demand for advertising spend from a prestigious client base of 850+ clients that includes leading multinational companies and strong regional players. The Company achieved FY2024 performance of consolidated revenue of $48.5 million, gross profit of $17.7 million, near break-even Adjusted EBITDA and Adjusted EPS of negative $0.035 per share.
"We are finding that our advertising clients, in many cases multinational or strong regional players, have realized the amount of purchasing power that Asian Millennial and Gen Z audiences have and how important these segments are to their bottom line. We've worked hard to create an offering that not only reaches this audience but reaches them with the desired level of precision and analytics, and I think that is what makes our offering so unique and valuable to our clients. The Business Insider Taiwan launch is another key milestone in that effort of unlocking large Asian Millennial and Gen Z audiences," Co-Founder & CEO Joey Chung concluded.
The first publication is scheduled for September this year, with plans to introduce additional content formats and services. With Taiwan as its editorial foundation, Business Insider Taiwan will extend outward to target the global Mandarin language market through Business Insider's global network –setting a new standard for influential, scalable business media in the region.
1 The name "Business Insider Taiwan" used in this release is a provisional designation for convenience. The official name will be determined at a later date.
2 Measured by Google Analytics for the period 2024/5-2025/4. Figures are a sum of onsite and external media figures.
3 Monthly unique users comprised the average monthly unique users of owned sites and social media platforms (YouTube + TikTok) based on the Company data for the twelve months ended March 31, 2025.
4 Digital footprint comprised of average monthly views during the most recent available Company data for the twelve months ended March 31, 2025.
About TNL Mediagene
Headquartered in Tokyo, TNL Mediagene was formed in May 2023 through the merger of Taiwan's The News Lens Co. and Japan's Mediagene Inc., two of the region's leading independent digital media groups. The company's operations span original and licensed media brands in Japanese, Chinese, and English, covering topics such as news, business, technology, science, food, sports, and lifestyle. It also offers AI-driven advertising services, marketing technology platforms, e-commerce, and innovative solutions tailored to the needs of advertising agencies. Known for its political neutrality, appeal to younger audiences, and high-quality content, TNL Mediagene has approximately 500 employees across Asia, with offices in Japan, Taiwan, and Hong Kong.
https://www.tnlmediagene.com/
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's CEO and President. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.
Financial Data
The condensed financial information presented in this press release should be read in conjunction with the audited consolidated financial statements and related notes for the year ended December 31, 2024 included in TNL Mediagene's annual report on Form 20-F filed with the SEC on April 30, 2025, which provides a more complete discussion of its accounting policies and certain other information.
Use and Reconciliation of Non-IFRS Financial Measures
In this press release, we have included Adjusted EBITDA, a non-IFRS financial measure, and Adjusted EPS, a non-IFRS measure, which are key measures used by our management and board of directors in evaluating our operating performance. Adjusted EBITDA and Adjusted EPS are our preferred metrics for profitability because we believe they facilitate operating performance and profit performance comparisons on a period-to-period basis and exclude items that we do not consider to be indicative of our core operating performance. Adjusted EBITDA and Adjusted EPS have limitations as analytical tools, and you should not consider it in isolation or as a substitute for analysis of our results as reported under IFRS.
Our management does not consider Adjusted EBITDA or Adjusted EPS in isolation or as an alternative to financial measures determined in accordance with IFRS. The principal limitation of Adjusted EBITDA and Adjusted EPS is that they exclude significant expenses that are required by IFRS to be recorded in TNL Mediagene's financial statements. In addition, Adjusted EBITDA and Adjusted EPS are subject to inherent limitations as they reflect the exercise of judgment by management about which expenses and income are excluded or included in determining such non-IFRS financial measures.
For more details on the definitions of Adjusted EBITDA and Adjusted EPS and reconciliations of Adjusted EBITDA and Adjusted EPS to IFRS financial measures, see the press release and the investor presentation TNL Mediagene released on May 13, 2025.
SOURCE TNL Mediagene
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