Filing Summary
Business Context and Reporting Period
This Form 6-K was furnished by Tremor International Ltd. on August 19, 2021. The filing reports that the company issued a press release titled “Tremor International Reports Record Results for the Three and Six Months Ended June 30, 2021.” The reported periods are the three and six months ended June 30, 2021, with comparisons to the corresponding 2020 periods. The filing identifies the principal executive office as Tel Aviv, Israel and states that the company files annual reports on Form 20-F.
The request metadata identifies the company as Nexxen International Ltd.; however, the supplied filing text identifies the registrant as Tremor International Ltd.
Financial Metrics
The filing states that unaudited IFRS interim financial statements were included in Exhibit 99.1, covering statements of financial position as of June 30, 2021 and December 31, 2020, statements of operations and other comprehensive income for the three and six months ended June 30, 2021 and 2020, changes in equity, cash flows for the six months ended June 30, 2021 and 2020, and related notes.
The supplied filing text does not include the press release or the underlying financial statement amounts. Accordingly, revenue, profit, cash flow, margins, debt, liquidity, and other key financial metrics cannot be stated from the provided text.
Material Changes Versus the Prior Comparable Period
The press release title characterizes the three- and six-month results as “record results,” but the supplied filing text does not provide the amounts, growth rates, or explanations necessary to quantify changes versus the comparable 2020 periods.
Guidance, Outlook, Risks, and Unusual Items
No guidance, outlook, management commentary, risk discussion, contingencies, or unusual items are provided in the supplied filing text. The referenced press release may contain additional information, but its contents were not included.
The IFRS financial information in Exhibit 99.1 is incorporated by reference into the company’s Form S-8 registration statement, File No. 333-258731, to the extent specified in the filing.
Investor Verification Items
- Obtain and review Exhibit 99.1 for the actual revenue, profit, cash flow, margin, debt, liquidity, and balance-sheet figures.
- Verify the quantitative basis for the “record results” characterization and the comparisons with the 2020 periods.
- Review the interim financial statement notes for accounting policies, non-IFRS measures, acquisitions, contingencies, and unusual items.
- Confirm the issuer name and corporate identity, given the discrepancy between the request metadata and the filing’s identification of Tremor International Ltd.