Adveritas extends CEO contract and outlines achievements

Adveritas Limited (ASX:AV1) has extended the contract of its Chief Executive Officer/Executive Director, Mr Mathew Ratty, for an additional three years. Under Mr Ratty's leadership, the company has achieved significant milestones, including record revenue growth, record annual contract values, successful global expansion into key verticals such as sports betting, and continuous enhancements to the Company's flagship product, TrafficGuard.

Chairman and CEO express confidence in Adveritas' future

Chairman Joshua Lowcock expressed confidence in Mathew Ratty's leadership, emphasizing his material impact on Adveritas and the Board's commitment to specific goals for the next phase of growth. CEO Mat Ratty expressed his honor in leading Adveritas and confidence in delivering strong results for shareholders in the years ahead.

Adveritas' outlook and future plans

Adveritas has extended the CEO's contract and increased his annual remuneration, reflecting confidence in his leadership. The company's achievements under Mr Ratty's leadership have positioned it as a leader in the digital ad fraud prevention market and established strong foundations for continued success. With a clear vision for scaling the business into new, high revenue potential verticals, Adveritas aims to continue delivering strong results for its shareholders in the future.