Targetspot revenue jumped 51% in H1 with new clients and staff.

Audio Valley subsidiary and digital audio solutions company Targetspot released first-half earnings for 2021, comparing the results to the same period a year ago. Revenue lifted 51% year-over-year.

In the first half of this year, revenue was 11,170-million Euros, compared to $7.3-million Euros a in H1 2020.

This is from CEO Alexandre Saboundjian: ““It is clear that the partnerships signed in 2020 with publishers are now producing results. And we continue to convince new partners to use our monetisation solutions. Our momentum of revenue growth will continue as we benefit from recognised technology, the quality of our inventory is high and the advertising market increasingly wants digital audio.”

Saboundjian also mentioned a revitalization of company staff with “severa new talents.”


Brad Hill