Innovid $IACB $CTV
Re-sharing this memo from June. SPAC $IACB is voting on their merger with Innovid (soon to be $CTV) today. So I thought it was a good time for a quick update.
Innovid posted 3Q earnings on 11/18/21:
Revenue: $64.3 million, up 41% YoY; driven by 65% growth in CTV revenue
Adj. EBITDA: $3.7 million, up 201% YoY; a 6% Adj. EBITDA margin
Newsletter out later today, but wanted you guys to get the scoop 😊
Added on todays dip... 🦜
commonstock.com/memo/46e57e52-... by @parrot