TNL Mediagene Reports Full Year 2024 Financial Results, Highlighting Robust Growth, Cost Efficiency and Compelling Future Opportunities

1. TNL Mediagene reported FY2024 revenue growth of 35%, reaching $48.5 million. 2. Media & Branded Content saw significant growth of 41% in revenue. 3. The company's gross profit increased by 40.2% to $17.7 million. 4. FY2024 adjusted EBITDA improved to -$0.9 million, reflecting cost discipline. 5. TNL Mediagene launched Business Insider Taiwan, expanding its market reach.

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Why Bullish?

The strong revenue and profit growth displays TNL Mediagene's resilience and potential. Historical examples show that companies with consistent revenue growth typically see positive stock movement, especially post-IPO.

How important is it?

The article provides key financials and growth trajectories crucial for assessing TNMG's investment potential, highlighting year-over-year improvements that could attract investor interest.

Why Short Term?

Immediate investor interest may surge due to these strong earnings results, especially following the recent IPO. Short-term stock movements are often affected by earnings reports and strategic announcements.

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TNL Mediagene Releases Financial Results for Fiscal Year 2024

NEW YORK and TOKYO, May 1, 2025 /PRNewswire/ -- TNL Mediagene (Nasdaq: TNMG), a Tokyo-based next-generation digital media and data group in Asia, announces the release of its financial and operational results for the fiscal year ended December 31, 2024, as detailed in its annual report on Form 20-F filed on April 30, 2025, available on the US Securities and Exchange Commission's public website at www.sec.gov.

Financial Highlights

FY2024 Financial Highlights:

Consolidated revenue of $48.5 million, a 35% increase over FY2023 consolidated revenue of $35.8 million.
Media & Branded Content business unit's year-to-year revenue growth of 41.0%.
Technology business unit's year-to-year revenue growth of 34.0%.
Digital Studio business unit's year-to-year revenue growth of 33.0%.
Gross profit of $17.7 million, a 40.2% increase over FY2023 gross profit of $12.7 million.
Gross margin of 36.6%, a ~1% margin expansion over FY2023 gross margin of 35.3%.
Adjusted EBITDA (Non-IFRS) of -$0.9 million vs. FY2023 adjusted EBITDA of -$1.0 million.
Adjusted EBITDA margin (Non-IFRS) of -1.8%, improving from -2.8% in FY2023.
Began trading as a public company on NASDAQ under "TNMG" on December 6, 2024.

Management Commentary

"2024 was a milestone year for TNL Mediagene as we completed our public listing on NASDAQ after being a private company for 12 years. All 3 of our business units performed exceptionally well over the year and are now approximately the same size in terms of scale," said Co-Founder & CEO Joey Chung.

Co-Founder & President Motoko Imada added, "We are excited to be a public company on NASDAQ, which we feel will provide us with significant benefits and advantages going forward."

2025 Initiatives & Outlook

TNL Mediagene plans to continue its focus on M&A, optimize capital markets, and improve adjusted EBITDA through cost optimization initiatives and AI-based savings in various departments.