Business
TNL Mediagene Announces Preliminary 2024 Financial Results and 2025 Outlook: 2024 results in strong revenue and proforma EBITDA performance‐Management expects continued revenue growth in the 2025 fiscal year
TNL Mediagene (NASDAQ: TNMG), a leading media and technology company in Asia, today announced its preliminary unaudited financial results highlights for the year ended December 31, 2024, and provided an outlook for 2025.
About this update from Tnl Mediagene
[{"type":"text","content":"NEW YORK and TOKYO, April 10, 2025 /PRNewswire/ -- TNL Mediagene (NASDAQ: TNMG), a leading media and technology company in Asia, today announced its preliminary unaudited financial results highlights for the year ended December 31, 2024, and provided an outlook for 2025.","length":281,"tagName":"p"},{"type":"image","alt":"TNL Mediagene logo (PRNewsfoto/TNL Mediagene)","displaySize":"","headline":null,"caption":"TNL Mediagene logo (PRNewsfoto/TNL Mediagene)","className":"","disableSlideshowImg":false,"size":{"original":{"width":204,"height":50,"url":"https://media.zenfs.com/en/prnewswire.com/0a66738bddfec00571425620c5153834"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/03Yc3l8kfgGDl3oSHwYV9A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTg4O2NmPXdlYnA-/https://media.zenfs.com/en/prnewswire.com/0a66738bddfec00571425620c5153834","width":204,"height":50}},"href":"https://mma.prnewswire.com/media/2574570/TNL_Mediagene_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"2024 Unaudited Preliminary Highlights","length":37,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Pro-Forma Revenue Growth: TNL Mediagene achieved a revenue increase of more than 30% year-over-year. This growth was driven by revenue diversification into more tech and data powered products, like establishing retail media networks, new strategic data partnerships, and innovative content, resulting in increased user engagement, especially in short-form video formats.","length":370,"tagName":"p"}]},{"val":[{"type":"text","content":"Pro-Forma EBITDA: On a normalized basis excluding extraordinary items, including one-time DeSPAC and IPO expenses, and currency fluctuations, adjusted EBITDA is expected to be near profitability.","length":195,"tagName":"p"}]}],"tagName":"ol","bulletedList":false,"length":565,"olType":"1"},{"type":"text","content":"Management Commentary","length":21,"tagName":"p"},{"type":"text","content":""Despite the one-time DeSPAC and IPO fees and time and resource consuming process, 2024 was a very successful year for us," said Joey Chung, CEO of TNL Mediagene. "Our revenue grew considerably, and EBITDA margins improved substantially as well, especially when excluding foreign exchange adjustments, which would show even larger numbers. We achieved significant synergies across our operatio...