Slide 1: Q3 2024 Earnings Call
Third Quarter 2024 Q3 2024 Earnings Call Jon Carpenter Mary Margaret Curry Chief Executive Officer Chief Financial Officer
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, our expectations, forecasts, plans and opinions regarding our strategic plans; economic and industry tre
Slide 3: 2024 Q3 Performance
2024 Q3 Performance (in millions) Cross-Platform Acceleration Revenue …Up 34% VPY $88.5M Buy-Side Building Blocks …Key agencies leaning in -3% year-over-year FX Adj. EBITDA Research & Insight Solutions remain under pressure $12.4M …Challenged end-markets resulting in fewer discretionary projects +1%
Slide 4: Q3 Cross-Platform Performance
Q3 Cross-Platform Performance Proximic acceleration as Cross-Platform Growth Predictive Audiences gains traction in market Q3 2024 Predictive Audiences revenue up >2x vs Q3 2023 Privacy-forward solutions driving adoption 34% Comscore Campaign Ratings monthly vs Q3 2023 active campaigns up >5x vs. Ja
Slide 5: Fragmentation Creates Challenges for Advertisers
Fragmentation Creates Challenges for Advertisers Share Of Total Hours Watched 100% 90% 80% 70% 60% Linear TV 50% 40% 30% 20% 10% CTV & Digital Video 0% J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A 2020 2021 2022 2023 2024
Slide 6: Cross-Platform Potential
Cross-Platform Potential Large & Growing TAM Keys to Continued Growth CAGR: Scaling Predictive Audiences Demand for ID-free audience solutions continues to scale 12% Increased privacy regulation driving demand for privacy- forward solutions $156B $196B Platform Integrations 2024 2026 Embedding CCR i
Slide 7: Q3 Results
Third Quarter 2024 Q3 Results
Slide 8: 2024 Q3 Revenue
2024 Q3 Revenue (in millions) 2.8% year-over-year Content & Ad Measurement Solutions flat VPY: Lower Syndicated Audience revenue from National TV and Syndicated Digital; Movies growth of 7% Cross-Platform revenue growth of 34% $91.0 $88.5 Research & Insight Solutions down 14% VPY: Lower revenue from
Slide 9: 2024 Q3 Adjusted EBITDA
2024 Q3 Adjusted EBITDA (in millions) 24.2% Excluding FX, adjusted EBITDA up 1% over prior year year-over-year Disciplined cost execution allowed us to maintain double-digit adjusted EBITDA margin with lower revenue Core operating expenses* down 3.9% year over year $13.4 $10.1 Continuing to invest i
Slide 10: 2024 Full-Year Guidance
2024 Full-Year Guidance (in millions) Q4 Expectations: Legacy Media Channels Remain Challenged Full-Year Adjusted Syndicated Digital down mid-single digits Syndicated TV down double digits Revenue EBITDA Margin Custom Forecast Built to be Conservative $351-$355 + Cross Platform up 30%+; Momentum Bui
Slide 11: Thank you
First Quarter 2024 My comscore Thank you
Slide 12: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures To provide investors with additional information regarding our financial results, we are disclosing adjusted EBITDA, adjusted EBITDA margin and FX adjusted EBITDA, which are non-GAAP financial measures used by our management to understand and evaluate our core oper
Slide 13: Third Quarter Adjusted EBITDA Reconciliation
Third Quarter Adjusted EBITDA Reconciliation