Catena Media: Q3 revenue down 29%, full-year targets dropped

Preliminary revenue was EUR 8.3m against EUR 11.6m a year earlier, with adjusted EBITDA at EUR 0.7m against 2.9m. The company will write down EUR 30–35m of site and brand value and no longer expects double-digit organic growth in 2026. It blames generative search taking new traffic from the whole affiliate industry, and more than 90% of new clients coming on CPA deals with no recurring revenue.

Where: affiliate company, worldwide · Worldwide · whole market
Who: Catena Media
Status: confirmed Confirmed by a party to the event or by open data.
Date: 16 October 2026