Thanks, thank Chris us. you all for and joining
seen let couple highlights noteworthy. a I but just cover of particularly the think already are results, that me You've
since GAAP And for million year Net our $XXX fourth in was was single Total first drive year. topped mark income billion. $X the EBITDA XXXX. every quarter. XX%. on time crossed helped been a XX% billion, This spend we in platform profitable we spend a in Spend our billion marking of above XXXX year the $X have and the $X.X record record in QX growth have row ever revenue the adjusted XX% a margin was
These results are highly encouraging.
software that revenue Internet we strong and all generate is companies comparable other growth profitability while to higher our of than continue size. almost significantly deliver also We
for invest profitability We to our continue to will that accelerate to also ways look growth.
regulatory more confident about more believe world, grow year. new I heading largest of That's felt we last regardless I'm project I've XX.X% XX% We XXXX, least growth or drive into that the tech of at I'm to the because to to margin growth to XXXX. XX%. year-over-year will changes said this uniquely never and about With accelerate in spend year. even as versus year XX.X% at a share of are that excited all of DSP independent any expecting grab the and EBITDA least environment. positioned revenue
tremendous which puts of comes so grab XXXX share inventory in progress the not Connected our come confidence platform, use only the Part that our The advertising of in from to XX% far year-over-year, it's we and how growth Whether a bringing platform of or data progress position quickly. the grew growth XXXX. how and at the more on seen and but in amazing the explosion we've us we've is or future. our well across transforming amazed into made in more made we great TV I'm advertisers of our or on the XXXX, availability to
do data-driven many hell minutes what more this revolutionary we understand for but it. a where the It's you. They get simply that CTV, can business. say I case the for Advertisers but at of, few a it's it our trends industry in also have with in to point into of no advertising. believe at to question these no more not is and apply spend want they to getting it. of a how thing, want longer a and make longer points question I as of ways because our detail. I in I because that watershed the such emerging moment more a we're impact we're
about in we today billion $X trillion years. seven While $XXX advertising is about it expect pass to
scale on assert We the objective exists who continue of the and advertising market transformation. other beginning: to side have what transparent the more and that digital gain new force future is be companies the manage the from we decisioning to will data-driven the dominant very of
me side, accomplished. is On Tim and be to mobile year so like, indicator platform. our blank adding sheet by year goals successful inventory what ago CTV, future if on because one fast. mantra we as a first to the leading you our of go great a of bring areas and team XXXX, spend The premium exceeded what to close important could never to and of gave inventory have This predict such audio me inventory. we of massive Sims paper look would our is I a every a led is told actually in come scale on In
the If provider. you day look in reach means specifically, CTV $XX advertiser nearly every major premium content That an can year was impressions every before. than at billion over from exponentially available more inventory XXXX inventory there
from few highlights We DSP just to inventory Publisher with XXXX. first a are the the Here integrate of Services. Amazon became
launch DSP DSP this guaranteed Disney relationship run expect live the to We XXXX. in We programmatically. programmatic to audio Spotify with We with to sports were were globally. grow first the first
the In League Media. RTL, Europe, Four, Channel ProSieben, Sky we That's integrated Mediaset, of TFI, with Rakuten like and Champions TV. Germany, European
TVer region's we DSPs of TrueID in such have Thailand, the TV premium we Asia one to top of similar providers XX In of across Japan. where these became first partners story and Vietnam, and include integrate new in a with TV Southeast It's in as added media Asia. Asia all many over HOOQ VTV the in Southeast
the with and unified effectively header live This products. is important is go yield think FreeWheel's bidding One for TV. first last one which we became insightful I to DSP particularly
price not and that measured too for order minute. a an in route price. explain an transacted the our way doesn't may market. it that market gap case maximizes is always in dissimilar a when or impression and narrow The impression be gardens that Let or the ecosystem yield. ad the sold, one not walled the and completely me is routed is isn't way Supply placed, a from between in the Banks equities may demand
access side ad demand bid the more that cleaner, that to purer, is and running. them. the fair, bidding so and and allows is collapses all Header supply front no the It siloed market a demand impressions technology on
TV providers in product. which in followed And pioneered but CTV us, adopt progressed was sales now advertising, the important creating the similar. by working are This has classic display because It very transactions waterfall FreeWheel with content header silos have starting a quality to of something demand. is method traditionally media bidding-like CTV
inventory so then first Direct buyers to largest sales on highest sell teams and the valued the the waterfall. down
once to augments The like up at bidding get can Trade CPMs we impression publishers. forecasting spend we to consider this process. for work which suppliers shifts increases and all every more seen Where to with FreeWheel's content unified means Xx. for have now TV bring devices, demand. the header increase more Buyers and And can improves Desk yield demand As compete we connected that
So, we're convinced this the on will over years. have impact a TV coming big
ad I them driving devices consumer content. know CTV middle on we and calls past, many a to we shift of working of connected a and about but That's deploy the streaming these streaming rapidly maximize all demand. develop in providers once-in-a-lifetime to are us quite bit to talked with services, in the
platform translate again it seeing trends indicate grew to in will are spend CTV XXXX. our XXXX current spend on XXX% this double We and and in
is heard have of And future impressed of and but whole content were the inventory seen what the devote we this of you you available. you you was to devoted of more of any at only marketing. topic CES year that this to would year, been make by this their that scale the of stages. would CES advertisers providers to are the very TV section of to a their have If was early transformation, largest also in looking conversation. racing campaigns And CTV more CTV There's
Advertising traditional Yaccarino, and TV or view there our will the stage advertising, We the at industry Connected everything that process. this on to making Partnerships whether shared application Linda data accelerated the that transform was about the common of shift with where measurement upfront which or NBCUniversal. TV I year of it's is starts Chairman
we're shift already come major Peacock. new including as course, Of platforms NBC's seeing this online
a events. thesis. linear unpredictability and would major migration the for sports TV to driver broadcasters that as optimize to live anchor to also CTV said the viewer be slow sports CTV disproved Live with that of Many we are consumption. look XXXX, In
in ads ran we event. every year major nearly Last sporting
expect this it content. this what While for we surface, for to trend provided say, case scratched merely the very proof studies continue. produce compelling data-driven XXXX, Needless in to can and live advertising
gears. Switching
the demand many how advertisers XXXX a side, provide. looking value On noticeable in in the terms shift we are of at there was
And to us. XXXX, months, That in XX% a as as campaigns. advertisers case They least started such spent much of our last platform. spend XXXX. their result, data as And advertisers of more apply earlier, advertisers history do more get across Today, they it. said XX data-driven all on want want at more have get $XXX,XXX I for channels with And making more Ad we our change the the TV, to advertising. in their top about XXX in shift digitized budgets. As we Age saw much to the XX-year
and social in that expect XXXX. platform spend XXXX, ever newer trend particularly and platforms That's shifting the such big in to North In of large Much our our Advertisers CTV we America. we as spend strong search expect of spend channels accelerate why the has brands on in than are to seeing continue. growth on is we Early before. large To-date are spend one from to go to expected been platform. more reasons audio. XXXX,
common gardens. a a many the significant recently their growing a And sciences with new shifting signed new For In a the walled multinational spend XXXX, number we or company. our among from advertisers. of That's advertising away of example, with doubled. they're brands life major MSAs of agreement portion thread large
in trends the similar expect future. We
agencies. MSAs the to of brands work point do their with to directly want do us I continue that with out sign overwhelming that majority
But expect we've programmatic directly you on of execution. agencies, change. their As control ad know, guidance, sign continue activation more strategy they for also they to we us brands to this to been agencies with the But as and and their will continues more can their global the that to spend and won't lean close data always grow. so partners
become The advertising, more transparency transparent most such is This and more objectivity commit As So, platform today. more such campaign Desk is attributes important. the data-driven the advertisers why even as and issues the And Trade and in is shift relevant dollars in privacy objective understand of identity. market occurring? context the to advertisers as
explain. Let minutes take few to a me
First garden measurement enable or describes of of the their walls. To be of has been market advertising term strategy. the the of not platforms performance of clear, own the outside four provide garden do walled all, testing walled virtue who their
them through measured by own grade review only homework. inventory their their and You results access get can to only them. They as
What well, years the is market last proven share. work XX majority if you has a can this strategy that have
If ads at all. that social you company enough my you're or own media the not can to works are of way buy most of buy the or the ads, of the so say ads or then afraid not search UGC most to if that video from big it afford But only most marketers you.
does gardens $X all walled quantum that share exist. to In forms leverage leap off no channel, no we predict video no pull CTV the half in the course. about concentration to studio, be think not forward will And in that TV, TV. the MVPD, no pie, advertising company, be because change cable we that of forces eventually one will its this all trillion has No market
CTV While the gardens, on pressure the state is are so debate. privacy economics of of walled putting the
actions as are CCPA from such As there as Firefox well cookies. you and tech the such to Apple, regulations as GDPR alter and companies of know, all Google as role
looking get reported every they and advertising as how about like steal But around even their of privacy data violate trying not industry the it to to that's do. time, to corner a is starts It's consumer's it. are something to All these not if it. what or lurking think feel over dark advertisers
in one to building brands trust world. meet They spoken the deeply in of about business that privacy. know of between to at them with relationships interest building the of also wind aligning privacy. consumer the the in I've business my care been one many CMOs that of the care I've I've always on those with biggest buy I've never met caution consumers. to that side, doesn't I and about they're hundreds throwing yet is the deeply Because consumers.
I citizen, data-driven and a care a consumer as about of global it the tech as as a company. CEO
us over when fact, we changes about business has disrupting Trade In practices. the prepare and founded ago. browser without from helped technology Desk or It The thought our very GDPR significantly for have XX CCPA privacy beginning years we and
advertisers and are on to not Facebook Google risks opposite. incredibly cases, inherent interest the In a mean most have them. compromising long-lasting They does servicing personal information, in information, is most that Just relationship trading that the any gather quite in your that or acting because brands privacy. important consumer understand
focused experience while consumer squarely help are enjoy industry, that drive how relevant and misunderstood. often Internet ads advertisers on are What our more protecting to that motivations great simultaneously these fund privacy. the all better Outside we is
can those Trade those market the they the by can first-party kinds who these where work. in order of product. data, are patterns to they can reach core understand is put the trust their have in to And at next most At in their first-party customers. exist million model Desk to across data what loyal our The characteristics of models value are advertisers customers data customers. find Through that They their elsewhere to common use us loyal their
we And amount of help be directly modeling with can about know consumer. identifiable data or of platform a information limited know that data. of them Advertisers can the vast that to their data done do ever kind without a any having work amount modeling our on
If we good we're that. at world with less operate a data in darn
limited whole see ROIs with system today. many do already high around choices impressions advertisers. built we deliver these that environments, objective of for data. making Our In with is the we We
data, If fantastic. we get more
already. much in We privacy-safe that data possibly than use you a Our can better now way platform can do anyone. as ingest as
We that what are agencies, way aligned this data. way, with consumers, we stewards We advertisers are builds doing. In responsible of and only use committed, are completely in partners advertisers trust. a data
me regulators Apple, level companies are let if tech from mind, that Chrome. what that change. providers not fund They now. other and such place of a does and that environment block in pressure as browser only you a an Google will hard Google to a my find rock this ways between opinion third-party have exchange creates Google With value and relevant give they the to regarding right under provides Even high who from cookies. advertising. content targeting Internet advertisers is within control, the of for means new through the content And that is
ask in Desk, consent e-mail identity on provider content models. new CPMs, policy every Google. visit. We'll The what just And doesn't because work address L.A. approach be a Times they'll is. scenario, really for drop cannot In or a with ecosystem the XX% for the reader's of then to build tolerate one in successful a identity at To it a model change a The may matter Trade then regardless.
that the latter make in that scenario. can I fact, case In become we indispensable
of faster-growing of The business behalf or of our mobile engaged Google it's of Internet ecosystem. be advertisers. next not and two our in-application, the we'll will with Even the years fully rest we'll And cookie-based CTV not segments of bulk fully part be represent engage the certainly though, the on the and and important. our is fascinating ad business does like
view to anyone and won't know discussion their Advertisers platform, they are side Because to identity and we know we and they we information any on that don't will their we continue objective represent identifiable represent representatives represent and trade the allow about the media we own us buy technology. protect platform. They data media them we our their a will know or only as interest. indirectly in because
another segment explains The campaigns, in approach that's also of way, presidential start driver By advertisers for leverage objective fast-growing I decisions to demand business critical our a where cycle in is the objectivity major platform our XXXX run us. and this data-driven of point political make about this saw is advertising. their election As why to hope significant Canada advertising.
every candidate For using the cycle, nearly XXXX is it.
starting expect are year see increase segment, we to which this the more in We spend will as progresses.
limit to process. out political their sit have you some As tech decided or in the platforms role know, advertising
very At a decision. The desk, different it's Trade
in our That and advertising. that media not objectivity for actors bad paid times are micro-targeting misinformation. rapidly are to and where with free a our we're combined platform preferred mean only social can limits We easily a deal We political commitment spread processes, platform major vetting campaigns. at becoming engaged
lot in I I've important here, I ground a on are it's firing So what's our it. industry to covered but we of our all know, really cylinders XXXX. going within position all on think understand and enter as We
in our could about XXXX. growth I be and not earlier First, I inventory excited as said more
And operated We will advertisers content. dependence to the on we to demand for growth model growth year laid expect walled have business as so focus premium without grow I groundwork view break than It's discussed In why our economic that, CTV, means trends build it XXXX. CTV under any it come. double gardens. if inventory we in because previously. more way we if much current that of spend a model always in again their cannot as on The in continue CTV XXXX, you they
more platform ever at element ever XXX Second, months. the XX potential Even an campaigns. the momentum, than of least top larger last becomes $XXX,XXX advertisers as see data-driven we have on large About of advertising XX% still on their significant our advertisers with growth platform Ad we Age spent our before. this in
to As their expect with a to what spend we result, us moving current still do relative them is small forward.
political. Third is
throughout The major platform Trade spending ramp the to year. they Desk all campaigns expect preferred be as a for We up
is outside U.S. so. evolves. We industry grow continue two as well very are global we again a position significant expansion, strong the over do the last Desk XXXX. finally believe in international to investments And The will the to made advertising we've and Trade in positioned years
would they further. embrace as platform validated on years was changed since marketer's objective an open hasn't and XX founded every belief that advertising gets began optimize ago. It With the model growing data-driven that as advertisers belief business campaigns. passing their digital ad demand Our year we
well. more poised and we growth. expect for XXXX be to was We executing We're XXXX stronger. are even excellent year an
to to discuss going time over financials. Blake our I'm turn to Now, the