Latest Adtech News

Adveritas lifted annualised recurring revenue 47% to $17.9 million while building new customer channels through its SME platform, US partner Vaudit and ChatGPT ad-fraud detection. The growth story is developing alongside a sharp cash-burn warning, with the company reporting 0.82 quarters of funding before its post-quarter-end placement.

Southern Cross Media Group reported a 5% revenue increase for FY2025, powered by growth in broadcast radio and digital audio, with its LiSTNR platform achieving profitability for the first time. The company declared a fully franked final dividend of 4 cents per share and outlined a new executive remuneration framework aligned with shareholder returns.

Enero Group has sold its stake in OBMedia, taking a non-cash loss, while projecting EBITDA at the top of its FY25 guidance, driven by its core marketing agencies.

Enero Group has replaced its $50 million debt facility with a smaller $15 million revolving credit line from NAB, reflecting a strategic shift towards reduced capital needs and strong cash reserves.