Innovid (CTV) Reports Prelim Q4 Results, Provide 2021 Financial Results Update

Innovid (NYSE: CTV), a leading independent connected TV (CTV) advertising delivery and measurement platform, is currently finalizing its financial results for the fourth quarter and full year of 2021. While complete financial information and operating data are not yet available, set forth below are certain preliminary financial results for the period, subject to final adjustments and other developments that may arise between now and the time such financial results are published.

“Our revenue growth exceeded 30% and our fundamentals remain strong. Our solid KPIs are evidence of our loyal customer base and a testimony to our expanding market position. We expect that budgets will continue to shift from traditional television to CTV in 2022 and believe that Innovid will remain an industry leader and gain market share, as CTV ad spend is expected to more than double in the U.S. by 2025 according to eMarketer,” concluded Zvika Netter CEO and Co-Founder of Innovid. “Had the global supply chain disruptions not impacted the ad industry, the year’s growth rate would have been even stronger.”

Innovid’s Q4 & FY 2021 Conference Call Details

The financial results, the TVSquared acquisition and business highlights will be discussed on a conference call and webcast scheduled on Feb 24, 2022 at 8:30 a.m. Eastern Time. Speakers will include Zvika Netter, co-founder and Chief Executive Officer, Tanya Andreev-Kaspin, Chief Financial Officer and Tal Chalozin, co-founder and Chief Technology Officer.

A live webcast of the call can be accessed from Innovid’s Investor Relations website at https://investors.innovid.com/. An archived webcast of the conference call will also be made available on the Innovid website following the call. The live call may also be accessed via telephone at (877) 407-0833 toll-free and at (201) 389-0862 internationally.

A telephonic replay of the conference call will be available until May 25, 2022 following the end of the conference call. To listen to the replay, please dial (877) 660-6853 or (201) 612-7415, access ID: 13726425.

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