Slide 1: Streaming the change: 2022 H1 Results
Streaming the change 2022 H1 RESULTS
Slide 2: Presenters
Asx. broadpeak sme RESENTERS \ & | : i th wa 4 | ver ’ ' \ % . ae Pa) li : Fabienne Lecrivain Jacques Le Mancq President & CEO CFO ent & CEO | = =
Slide 3: Agenda
AGENDA COMPANY PROFILE Leading Video Streaming tech pure player 2022 HIGHLIGHTS Key progress & Strategy execution SALES ACTIVITY Revenue growth of 39% across all segments and regions 2022 – H1 FINANCIALS Results are totally in line with Plan OUTLOOK - Strong visibility for 2022 - Full year targets c
Slide 4: Company Profile
COMPANY PROFILE LEADING VIDEO STREAMING TECH PURE PLAYER 4
Slide 5: Broadpeak in brief
BROADPEAK IN BRIEF… 2021 Revenue : Broadpeak was 33 M€ founded in 2010 200+ millions people 125+ customers +40% per year use Broadpeak across 50 countries IPO in June 2022 (CAGR 2015-2021) technology 90% of revenue Ethifinance Score : outside of France 58/100 11 patent 241 Staff members Direct prese
Slide 6: Our mission
OUR FOR THE AUDIENCE FOR STREAMING MISSION PROFESSIONALS A BEST-IN-CLASS A WORLD-CLASS We offer software solutions to EXPERIENCE! PERFORMANCE stream the content people love with a compelling Any Screen Avoid Churn quality of Experience Anytime ! Monetization Compelling Quality Reduce impact on of Ex
Slide 7: Our customers are in 3 universes
OUR CUSTOMERS ARE IN 3 UNIVERSES LEADERSHIP ACCELERATION CONQUEST PAY-TV & TELECOM OPERATORS (1) OTT PLATFORMS NEW MEDIA Total addressable market (2) TV & Total addressable market (3) OTT & new media (In M€) telecom operators (In M€) 2026 1 523 CAGR 2026 9 818 CAGR 2022 990 11% 2022 5 950 13% (1) 99
Slide 8: A video streaming pure-player, present across the chain
A VIDEO STREAMING PURE-PLAYER, PRESENT ACROSS THE CHAIN Content Preparation Main Streaming and Storage Functions Advanced Streaming capabilities ORIGIN DYNAMIC CDN & OPEN CDN MULTICAST TRANSCODE ANALYTICS 5G MEC & CLOUD PVR ADVERTISING STREAMING CACHING SELECTION ABR 5G Consumer Content Prep Streami
Slide 9: Solutions: always one step ahead
ALWAYS ONE STEP AHEAD… 6 SAAS + 5 ANALYTICS SOLUTIONS 4 DYNAMIC ADVERTISING Control & 3 optimization An established MULTICAST ABR technological lead « Live streaming » Permanent enrichment of 2 CLOUD PVR the solutions catalog Record & replay of live tv events Extension of revenue potential on the in
Slide 10: Multicast ABR: a disrupting solution for live streaming
MULTICAST ABR A DISRUPTING SOLUTION FOR “LIVE STREAMING” ADVANTAGES Guarantees a Live broadcast quality for Any screen 1 Wifi Access points and OFFER BROADCAST QUALITY STBs join the multicast FOR ANY LIVE EVENT and become part of the ACROSS ANY SCREEN CDN 2 Infinite Capacity: the same infrastructure
Slide 11: Broadpeak.io SaaS API platform for video streaming
SINCE JANUARY 2022 BROADPEAK.IO IS OUR SAAS API PLATFORM FOR VIDEO STREAMING ADVANTAGES Immediate access Now to service 1 ADVANCED STREAMING No commitment, no NOW STREAMLINED IN OPEX advanced payment, MODE Pay as you use Total Transparency in terms of price, API or statistics 2 FLEXIBLE AND TIME SAV
Slide 12: Growing more recurring revenues with our SaaS initiative
GROWING MORE RECURRING REVENUES WITH OUR SAAS INITIATIVE MORE THAN 40% OF RECURRING REVENUES SAAS PLATFORM & OTHER OPEX REVENUES LAUNCH OF OUR “STREAMING AS A SERVICE” SAAS PLATFORM COMPLETE THE SOFTWARE OFFER IN ENTERPRISE LICENSE + ON TOP OF OUR TERM LICENSE MORE THAN 20% OF SOFTWARE + RECURRING R
Slide 13: 2022 Highlights
2022 HIGHLIGHTS KEY PROGRESS & STRATEGY EXECUTION 13
Slide 14: Successful IPO
SUCCESSFUL IPO Shares first traded on June 13, 2022 Net amount raised: 18.3 M€ High Demand during IPO: 1.5 times Use of the IPO Proceeds • 60% : financing investments in innovation, R&D and technological development of the SaaS platform • 40% : dedicated to supporting growth 14
Slide 15: Strategy
INCREASE SALES PENETRATION For our existing software products & Saas offering KEEP OUR TECHNOLOGY LEADERSHIP Stay on top with our software solutions BOOST OUR SAAS INITIATIVES By adding more Apps to the broadpeak.io Platform STRATEGY • SCALING OUR TEAMS TO PREPARE FOR GROWTH • CONTINUED COMMITMENT T
Slide 16: Technology & innovation update
1/ TECHNOLOGY & INNOVATION UPDATE Leverage AI on our huge Continuously improve CLOUD deployments Mix operator own content amount of data Quality of Experience & 3rd party content • After AWS, first system • New R&D progress to • Machine Learning • Working with running on Google bridge telecom use ca
Slide 17: Sales acceleration
2/ SALES ACCELERATION New customer Wins • Multicast ABR selected by a tier-1 european operator and by BCN in India • New wins for our Cloud PVR solution with Magenta Telekom (Austria) & Tata Play (India) • PeakVu.TV selected by Broadstar (USA) • First broadpeak.io customer references • A total of 9
Slide 18: Back to large international trade shows
BROADPEAK IS BACK TO LARGE INTERNATIONAL TRADE SHOWS ~20 events during H1 IN PRESENCE ON LINE • MWC - Barcelona - 28 fev 3 March • VBS India - 19 January • NAB Show – Las Vegas 23-27 April • NexTV CEO LATAM 23 March • Sports PRO OTT New York • AVIA OTT SUMMIT 30-31 March • ANGA COM COLOGNE- 10-12 Ma
Slide 19: Successful launch of SaaS platform
3/ SUCCESSFUL LAUNCH OF SAAS PLATFORM • broadpeak.io available since January 18, 2022 • First customer wins with OTT platforms & new media • 2 new applications added to the mix: 1. Virtual Channel-as-a-Service (June 28) 2. Dynamic Ad Insertion (September 1) • 2 new awards collected during last NAB S
Slide 20: Scaling our teams
SCALING OUR TEAMS Headcount Evolution Breakdown of the workforce by function 278 4% 241 ADMINISTRATION 210 158 SALES & 20% 48% MARKETING R&D 30/06/2020 30/06/2021 31/12/2021 30/06/2022 • Focus on sales hires to bolster growth OPERATIONS 28% • Reinforcement of R&D teams • Ability to hire despite of L
Slide 21: Protect the environment
CONTINUED COMMITMENT TO REDUCE EMISSIONS AND PROTECT THE ENVIRONMENT FOUNDING MEMBER OF GREENING OF STREAMING Addressing growing concerns about the energy impact of the streaming sector. On June 14th, together with the group we presented our initiative in front of the British Parliament 21
Slide 22: Sales Activity
SALES ACTIVITY REVENUE GROWTH OF 39% ACROSS ALL SEGMENTS AND REGIONS 22
Slide 23: H1 revenue dynamic growth of +39% YoY
H1 REVENUE DYNAMIC GROWTH OF +39% YOY REVENUE (M€) 45 > 41 (p) 40 33.2 • Totally organic growth 35 30 • +32% at constant exchange 24 25 rate 21.6 20 13.4 • Sales activity subject to 15 +39% favorable seasonality in H2 10 16 5 10.6 11.6 0 2020 2021 2022 H1 H2 23
Slide 24: Scaling our sales across all strategic regions
SCALING OUR SALES ACROSS ALL STRATEGIC REGIONS 2021 H1 REVENUE: 11.5 M€ 2022 H1 REVENUE : 16.0 M€ 7.2% APAC 8.2% +24% APAC 45.0% 46.8% 44.6% Americas EMEA 48.2% EMEA Americas +33% +49% • Americas region becomes 1st market in H1 2022 • Nearly 90% of our business is conducted outside France 24
Slide 25: Evolution of product mix reflecting strong sales momentum
AN EVOLUTON OF THE PRODUCT MIX REFLECTING A STRONG SALES MOMENTUM REVENUE BREAKDOWN BY TYPE OF SALES 2021 H1 REVENUE: 11.5 M€ 2022 H1 REVENUE: 16.0 M€ 27.6% 8.0% 4,4 M€ Equipment Maintenance & Saas +45.8% 26.4% 65.6% 29.9% 42.5% Maintenance & Licenses et 4,8 M€ 6,8 M€ Saas Services Equipment License
Slide 26: 2022 – H1 Financials
2022 – H1 FINANCIALS RESULTS ARE TOTALLY IN LINE WITH PLAN 26
Slide 27: H1 2022 P&L
H1 2022 P&L P&L(K€) 30/06/2021 30/06/2022 31/12/2021 Revenue 11 506 16 050 33 127 Cost of Sales (1 709) (4 714) Increase related to revenue mix (6 376) Gross Margin 9 797 11 336 26 751 % of Revenue 85.1% 70.6% New deployments effect / non normative H1 80.8% Other income 1 627 2 132 Of which 1.5 m€ R
Slide 28: H1 2022 Balance Sheet
H1 2022 BALANCE SHEET BALANCE SHEET (K€) 30/06/2021 31/12/2021 30/06/2022 Intangible assets 4 551 4 823 5 683 R&D Capitalization for a total of 5.5 m€ Tangible assets 1 296 1 493 1 479 Financial assets 170 191 316 Fixed assets 6 017 6 507 7 478 Inventory & work in progress 975 343 380 Accounts recei
Slide 29: H1 2022 Cash Flow Statement
H1 2022 CASH FLOW STATEMENT CASH FLOW STATEMENT (K€) 30/06/2022 Net income (3 834) Amortization and depreciation 847 Deferred tax variation (104) Change in accrued interest on loan (175) Tax gains 1 Operating cash flow (3 265) Inventory and work in progress variation (38) Receivable variation 5 658
Slide 30: Stock Market Information
STOCK MARKET INFORMATION Information Agenda ISIN Code : FR001400AJZ7 • 2022 Q3 Revenue: November 15, 2022, after market close Ticker : ALBPK • 2022 Revenue: March 1, 2023, after market close Number of Shares: 12 491 250 • 2022 Results: April 28, 2023, after market close Shareholder structure Market
Slide 31: Outlook
OUTLOOK - STRONG VISIBILITY FOR 2022 - FULL YEAR TARGETS CONFIRMED 31
Slide 32: Strong visibility for the end of year and beyond
STRONG VISIBILITY FOR THE END OF YEAR … AND BEYOND Low exposure to current international environment : components, energy, inflation, exchange rates… 2022 TARGETS CONFIRMED Solid Backlog We expect to grow over €41M in SaaS Acceleration 2022 i.e. an expected growth of around 25% Combination of new cu
Slide 33: A strong sales momentum with IBC 2022 trade show
WITH THE IBC 2022 TRADE SHOW WE LEVERAGED A STRONG SALES MOMENTUM 1 A SHOWCASE FOR OUR SAAS PLATFORM AND ITS VARIOUS APPLICATIONS 2 NEW BUSINESS OPPORTUNITIES FOR CONTENT PROVIDERS 3 AWARDED TWICE FOR OUR INNOVATIONS Key event for media & video tech professionals, the 2022 edition of the IBC trade s
Slide 34: A strong partnership with Google Cloud
A STRONG PARTNERSHIP WITH GOOGLE CLOUD SIMPLIFIED DEPLOYMENT FOR 1 NETWORK SERVICE PROVIDERS DYNAMIC STORAGE 2 CAPACITY IDEAL FOR LIVE, TIME-SHIFTED TV & 3 VOD SERVICES A new offer for video streaming using Google Cloud infrastructure, already deployed succesfully with a tier-1 operator in North Ame
Slide 35: Our ambition: €100M revenue within 5 years
OUR AMBITION: DELIVER 100 M€ REVENUE WITHIN 5 YEARS 2026 REVENUE €100M Of which 40% of recurring revenue (SaaS & Maintenance) EBITDA 2021 REVENUE 20% €33M Of which 20% of recurring revenues (SaaS & Maintenance) EBITDA 9% 35