We are thrilled to announce our partnership with Grandi Stazioni Retail, a highly prestigious and relevant partner for our market. In 2022, DOOH experienced a resurgence, returning to nearly pre-pandemic levels.
The campaign begins with a gamified DOOH execution placed in high-footfall Gen Z locations including Dhoby Ghaut, Bugis, Singapore Management University, and the Central Business District. These locations help bring the Grimace Shake campaign into the flow of Singapore's daily urban movement.
Revenue -- $137.1 million, up 6% year over year in the fourth quarter. Contribution ex-TAC -- $65.2 million, showing 19% year-over-year growth and representing a 48% margin compared to 42% in the prior year. Adjusted EBITDA -- $24.3 million, increasing 53% year over year and implying an adjusted EBITDA to contribution ex-TAC margin of 37%. Operating Cash Flow -- $21.8 million for the quarter, increasing over 400% year over year.
Omnichannel planning and activation benefit from fragmentation by maximizing advertising budget through reaching audiences across diverse screens, platforms, and media channels.
Adform's new digital-out-of-home planner revolutionizes how advertisers access and manage DOOH inventory, enabling enhanced omnichannel campaign strategies through advanced targeting and reporting.