Matomy has revealed that removing suspicious publishers and advertisers from its platform resulted in a revenue hit of $ 3.8 m from June 2014 to June 2018 . Net losses also tripled to $ 19.1 m , while the company has lost almost half of its $ 29.4 million in cash since the beginning of the year . Publicis acquired a 20 % stake in the company in 2014 but since then the stock price has plummeted . Publicis remains a major shareholder , currently holding a 50 % stake .
Matomy has revealed that removing suspicious publishers and advertisers from its platform resulted in a revenue hit of $3.8m from June 2017 to June 2018. Net losses also tripled to $19.1m, while the company has lost almost half of its $29.4m in cash since the beginning of the year. Publicis acquired a 20% stake in the company in 2014 but since then the stock price has plummeted. Publicis remains a major shareholder, currently holding a 24.9% stake.