Catena Media plc (CTM) Earnings Call Transcripts

Catena Media plc's Latest Earnings Call - Q1 FY2026

In Q1 2026, Catena Media plc reported revenue of EUR 12.3 million, a 26% year-over-year increase but a 21% decline from the previous quarter. Adjusted EBITDA surged to EUR 2.7 million, nearly tripling from EUR 0.9 million in Q1 2025, resulting in a margin of 22%. Management maintained a positive outlook, emphasizing operational efficiency and revenue diversification, despite acknowledging a decline from a particularly strong Q4 2025. They expect to continue leveraging their strong performance in North America, which accounted for 95% of revenue, and are optimistic about upcoming opportunities in the Alberta market.

Reported metrics

Guidance from management

Management expressed confidence in maintaining adjusted EBITDA margins above 20% and emphasized ongoing investments in revenue diversification and operational efficiency. They expect to capitalize on the Alberta market launch in July 2026.

What management said

Thank you, Manu. We'll now open it up for questions from anyone on the line. All right. It doesn't look like we have any callers in today to ask questions. So I think we'll go to some of the written questions that were submitted to us. So I'll move over to those for now. All right. So Mani, one question was Q1 revenue softened from Q4. Was Q4 a one-off?

What analysts pressed on

Analysts raised concerns about the decline in revenue from Q4 2025 and the impact of the Google algorithm update on organic search performance. There were questions regarding the sustainability of the growth trajectory and the deferred interest payments on hybrid capital securities.

Main topics on the call

• Revenue Performance — Q1 revenue was EUR 12.3 million, reflecting a 26% increase year-over-year but a 21% decrease quarter-over-quarter. CEO Manuel Stan noted, "While Q1 was a more balanced quarter and sets a more representative baseline for ...
• Adjusted EBITDA Growth — Adjusted EBITDA reached EUR 2.7 million, a 191% increase compared to Q1 2025, with a margin of 22%. Stan highlighted, "This was our third consecutive quarter with adjusted EBITDA margin over 20%."
• Customer Growth — New depositing customers increased by 88% year-on-year to 34,573. The CEO remarked, "This growth was driven by stronger contributions from our core brands and from the growth of sub-affiliate partners on our marketplace ...
• Cost Management — Normalized for direct costs and incentive programs, year-on-year comparable costs decreased by 26%. CFO Michael Gerrow stated, "Personnel expenses decreased by 18% versus Q1 2025," indicating effective cost control measu...

Read the full Catena Media plc transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 Catena Media plc earnings call transcripts on record, spanning February 20, 2020 to August 11, 2026. Based on this history, Catena Media plc reports quarterly. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

CTM

Exchange

OM

Country

SE

Sector

Consumer Discretionary

Industry

Hotels, Restaurants and Leisure

Calls on record

27

First call

February 20, 2020

Most recent

August 11, 2026

Reporting cadence

quarterly