King Content Helps Drive 17% Profit Growth For iSentia

King Content Helps Drive 17% Profit Growth For iSentia
SHARE
THIS



Media intelligence company iSentia has reported a 17 per cent net profit rise to $30.2 million for the 2016 fiscal year, with the revenue growth for its recently-acquired King Content “well ahead” of the group’s expectations.

In a statement to shareholders, iSentia revealed that its total revenue grew by 23 per cent to $156 million, while its earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 20 per cent to $51 million.

The group also posted pro-forma year-on-year revenue growth of 68 per cent to $20.6 million for its content marketing business, King Content, which iSentia acquired in August last year for $48 million.

iSentia CEO and managing director John Croll said the 2016 financial year was another landmark year of growth and diversification for the group.

“Full-year pro-forma revenues from the King Content acquisition increased 68 per cent year on year, well ahead of our expectations at the time of acquisition,” he said.

“iSentia’s Asia business delivered Saas/VAS revenue growth of 17 per cent, benefiting from client growth across south-east Asia on our software-as-a-service platform Mediaportal, while north Asia continues to see strong growth in social media listening and insights services.

“We have built considerable depth in our management team, and with the acquisitions that were completed in late FY16, Asia is set up for excellent revenue momentum into the future.”

The group said it expects to deliver revenue and EBITDA growth “in the low to mid-teens” this financial year.

Please login with linkedin to comment

AFL Fox International Channels

Latest News

Foxtel Media Unveils Four New Digitally-Enabled Cient Offerings
  • Media

Foxtel Media Unveils Four New Digitally-Enabled Cient Offerings

Foxtel Media has announced four new offerings to provide advertisers expertise in more targeted, dynamic media delivery as part of a realignment towards digital. The new offerings are Foxtel Xplore Audience targeting on Kayo, addressable audience targeting on Foxtel Go, the ability to target in-venue viewers on Fox Venues, and a new Dynamic Trading Platform. […]

“The Free And Open Internet Is A Force For Good”: Quantcast Reveals New Intelligent Audience Platform
  • Technology

“The Free And Open Internet Is A Force For Good”: Quantcast Reveals New Intelligent Audience Platform

On Thursday, Quantcast held their Virtual NOVA event, discussing the current state of the advertising industry, the end of third-party cookies, the open internet vs walled gardens, and data privacy and consent. The event coincided with the launch of their new Quantcast Platform. It is an intelligent audience platform powered by the company’s patented AI […]

New Research Reveals Men Unsure How To support Gender Equality
  • Uncategorised

New Research Reveals Men Unsure How To support Gender Equality

Global marketing agency LEWIS today revealed findings from its new global research on gender inequality, conducted in support of the global HeForShe movement. You can read the report in full here. The report shows the impact and perceptions of gender inequities during the pandemic across 13 countries. The findings reveal an alarming trend: 98 per […]

Haystac Wins Dairy Australia’s PR
  • Marketing

Haystac Wins Dairy Australia’s PR

Social relations agency, Haystac, part of the BWM Dentsu Group, has been appointed PR agency for Dairy Australia following a competitive pitch. As the national services body for the dairy industry, Dairy Australia supports the profitability and sustainability of dairy farming and its role in producing quality, nutritious food, while committing to the care of […]

Rexona Clinical’s Unique ‘Pitvertising’ Won The Summer, Via Clemenger BBDO Sydney
  • Advertising

Rexona Clinical’s Unique ‘Pitvertising’ Won The Summer, Via Clemenger BBDO Sydney

While the Sydney Sixers won the BBL season ten trophy, Rexona Clinica won the summer sports marketing battle with a game-changing sponsorship idea. BBL 2020-21 series will go down as the ‘Year of the Pit’ after Rexona Clinical owned the summer after unveiling its new form of advertising sponsorship – ‘Pitvertising’. The concept, devised by […]