- Projected over 30% year-on-year revenue growth for FY2024.
- Reaches 45 million monthly unique users across platforms.
- 850+ advertisers, including Fortune 500 companies, utilize TNL Mediagene's platform.
TNL Mediagene (TNMG, Financial), an influential digital media and data company based in Tokyo, has publicly announced its Company Snapshot presentation, projecting an impressive over 30% year-on-year revenue growth for the fiscal year 2024. This growth is primarily fueled by diversification into technology and data-driven products, including retail media networks and strategic data partnerships. The company aims to achieve adjusted EBITDA profitability by fiscal year-end, excluding extraordinary items.
The company serves over 850 advertisers, featuring prominent names such as Fortune 500 companies, and manages to reach 45 million monthly unique users across its various platforms. TNL Mediagene operates in five distinct content categories, ranging from News & Business to Sports & Entertainment.
Currently, TNMG trades at an EV/Revenue discount when compared to industry standards, positioned at 2.8x in AdTech and 6.2x in Digital & Social Media sectors. The company plans to utilize its IPO funds strategically for mergers and acquisitions, particularly focused on expanding its presence in Asia's media, technology, and data analytics sectors.
Under the leadership of co-founders Joey Chung (CEO) and Motoko Imada (COO), TNL Mediagene aims to become the largest pan-Asia entity in its field, leveraging its IPO proceeds to acquire and integrate new media and technology companies through ongoing M&A activities.
