Nexxen International Earnings Reports

Nexxen delivered a solid quarter marked by record CTV and programmatic revenue, a nearly doubled Adjusted EBITDA, and a return to net profitability. The launch of nexAI and new client additions signaled strong future potential despite broader market softness.

Nexxen International reported Q4 2024 revenue of $112.3 million, reflecting 17% year-over-year growth. The company achieved all-time quarterly records in Contribution ex-TAC, programmatic revenue, and CTV revenue. Net income surged to $24.9 million, while Adjusted EBITDA grew 38% to $44.3 million. Nexxen continued its expansion in AI and technology investments and announced a new $50 million share repurchase program.