Taptica reported revenues of $276.9m for the year ending 31 March, an increase of 31%. EBITDA rose 29% to $44.1m. The results were in-line with management expectations, but significantly ahead of guidance provided by the group at the start of 2018. In a statement on its website, the company said it was “pleased that we have been able to achieve our targets and deliver strong financial results” in 2017. Taptica's Tremor Video DSP brand launched its Creative Studio following its merger with RhythmOne. Taptica said Tremor strengthened its ability to capitalise on the ever-growing advertising technology industry in both mature markets such as the US and fast-growing international markets.
Taptica reported revenues of $276.9m for the year ending 31 March, an increase of 31%. EBITDA rose 29% to $44.1m. The results were in-line with management expectations, but significantly ahead of guidance provided by the group at the start of 2018. Both gross profit and gross margins benefitted from increased efficiencies and scale of media across the entire company. Taptica's Tremor Video DSP brand launched its Creative Studio following its merger with RhythmOne. Taptica said Tremor strengthened its ability to capitalise on the ever-growing advertising technology industry in both mature markets such as the US and fast-growing international markets.