Slide 1: H1 2022 results
H1 2022 results All indicators are positive! SFAF PRESENTATION - 29 JULY 2022 1
Slide 2: Agenda
Agenda 01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 2022 2
Slide 3: What makes us unique
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 What makes us unique Our technology has been a CSR approach at each stage of established in the digital operations entertainment market for 25 years A team of video experts 411,000 subscribers comprising more than 70 people Our
Slide 4: Strong growth momentum
Strong growth Mathias momentum Hautefort, CEO PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 2022 4
Slide 5: Highlights of the half-year
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Highlights of the half-year 28% annual growth in the number of subscribers ● 411,000 subscribers at the end of June 2022 - a result of the rollout of NetgemTV offers to telecom operator customers and OTT service providers. ● In
Slide 6: Highlights of the half-year: profitability
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Highlights of the half-year Profitability looking strong Relevant positioning of the Confirmed “Content-as-a-service” offer by acceleration from one half-year to the … and continued ● an offer adapted for telecom next improvement
Slide 7: Our partnership model
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Our partnership model Flexible for operators and recurring for Netgem Simplifying the lives of our Providing innovative and quality customers by allowing them to "Content-as-a-Service" entertainment solutions focus on their core
Slide 8: Netgem, end-to-end service operator
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Netgem, end-to-end service operator 01. 02. 03. 04. 05. NETGEM STUDIO NETGEM NETGEM NETGEM TV NETGEM TV CDN PLATFORM APPLICATIONS CUSTOMER STREAMING Microsoft Azure MANAGEMENT Microsoft Azure CDN PRODUCT AND SERVICE ROADMAP OPER
Slide 9: 30 operator partners
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 30 operator partners Operators who trust us UK FRANCE NORDICS Viihde Elamus ROW PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 2022 9
Slide 10: 100 publisher partners
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 100 publisher partners Publishers who trust us Local partners VOD partners International partners PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 2022 10
Slide 11: Proven governance
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Proven governance Executive Committee Board of Directors Mathias Hautefort Sandrine Alexandre Joseph Haddad Christophe Aulnette Virginie Banet Group CEO CFO Chairman of the Board Director Independent Director of Directors Marc T
Slide 12: Shareholder structure
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Shareholder structure A shareholder base that supports our strategy 55% Solid base 45% Significant free float 25% Joseph Haddad & family Several thousand 35% individual shareholders 09% Olivier Guillaumin & family strengthening th
Slide 13: Positive share price change in a difficult context
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Positive share price change in a difficult context Over the last 12 months ● Share price +11% ● Outperformance vs. CAC S +23 pts Listed on Euronext and now Euronext Growth for over 20 years. PRÉSENTATION SFAF PRESENTATION SFAF -
Slide 14: Half-year financial results
Half-year financial results (unaudited) SFAF PRESENTATION - 29 JULY 2022 14
Slide 15: Results on target
Results on target Sandrine Alexandre, CFO PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 2022 15
Slide 16: 2022: our strategy is bearing fruit
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 2022: our strategy is bearing fruit Positive impact from the change in the Group’s Continued growth in gross business model 80% recurring margin margin +7% H1 2022 vs. H1 2021 +11% H1 2022 vs. H1 2021 Improvement in half-year St
Slide 17: Improving profitability indicators
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Improving profitability indicators From revenue to current operating profit IFRS DATA H1 2022 H1 2021 CHANGE in million euros Revenue 16.3 14.7 +11% Gross margin 9.6 9.0 +7% Opex (6.5) (7.0) -7% EBITDA 3.2 2.0 +60% Current operati
Slide 18: Strong improvement in operating performance
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Strong improvement in operating performance Steady improvement in EBITDA Growth in revenue and gross margin + Cost control = Steady improvement in EBITDA each half-year Turnover Gross margin EBITDA €3.2m in H1 2022 vs. €2.0m in
Slide 19: Group net income
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Group net income IFRS H1 2022 H1 2021 in million euros Operating income (1.3) (2.1) Financial result (0.1) (0.0) Taxes 0.0 0.0 Net income (0.5) (1.0) (Group share) Net income (Group share) improved and amounted to €(0.5)m vs. €(
Slide 20: Solid gross cash position
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Solid gross cash position Gross cash of €5.1m and net cash of €3.2m at the end of June 2022 Cash at 01/01/2022 Internal WCR Investment flows Financing flows Cash at 06/30/2022 financing capacity The flows for the first half of 2022 i
Slide 21: Outlook for 2022
Outlook for 2022 Mathias Hautefort, CEO PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 2022 21
Slide 22: Our brands: assets serving our strategy
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Our brands: assets serving our strategy THE CORPORATE BRAND CO-BRANDING TV SERVICES BRAND UK VOD BRAND FRENCH-SPEAKING Our own TV service brand in the UK MARKETS by by TV by PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 J
Slide 23: France
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 France ● Global agreement for ZeopTV powered by Netgem services ● Viva by VIDEOFUTUR, Netgem’s showcase technology for OTT ● New development for editors and content platforms such as Gaumont Classique PRÉSENTATION SFAF PRESENTAT
Slide 24: United Kingdom
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 United Kingdom ● Commercial launch of the Talk Talk 4K by NetgemTV product in March 2022 => one of the most comprehensive products on the UK market, including Sky NowTV, Amazon Prime Video, TikTok, Netflix, Britbox, Freeview Play
Slide 25: Finland
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Finland ● Continued development with our long-term partner Elisa, leading Tier 1 operator in Finland ● Momentum of the Elisa Viihde Premium product maintained for two years with a customer satisfaction rate at a benchmark level
Slide 26: Netgem sees little impact from the geopolitical context
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Netgem sees little impact from the geopolitical context Actions taken concerning potential indirect risks: No direct impact has ◆ Security audit by an expert firm concerning the risk of cyber-attacks; been identified from the ◆ In
Slide 27: Corporate social responsibility
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Corporate social responsibility A TEAM OF LOYAL ACTIONS TO PROMOTE SHARING THE FRUITS OF EMPLOYEES GENDER EQUALITY GROWTH 39 years old 30% Macron bonuses paid in France proportion of women in the and similarly in the UK average
Slide 28: Environmental responsibility
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Environmental responsibility Bandwidth optimisation Boxes ● Systematic recycling ● ● Maritime transport preferred to possibility of voluntarily limiting bandwidth air transport ● Choice of DTT hybrid solution in the United Kingd
Slide 29: Our 2022 goals
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022: 03. OUTLOOK FOR 2022 Our 2022 goals More than half Acceleration of Positive momentum million subscribers growth in revenue for EBITDA and cash to our services and gross margin generation PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 202
Slide 30: Growth outlook
01. OPERATING REVIEW 02. FINANCIAL RESULTS H1 2022 03. OUTLOOK FOR 2022 Growth outlook Development of our 3 Development of a new Ready to seize new organic reference markets in Europe commercial focus with or external growth with Telecom Operators of publishers development opportunities our model "C
Slide 31: Q&A
Q&A PRÉSENTATION SFAF PRESENTATION SFAF - 29- JUILLET 29 JULY 2022 31
Slide 32: Thank you!
Thank you! SFAF PRESENTATION - 29 JULY 2022 32
Slide 33: Financial appendices
Financial appendices SFAF PRESENTATION - 29 JULY 2022 33
Slide 34: Cash Flow for half-year 2022
Cash Flow for half-year 2022 The Group's activity generated €3.3 million in cash in the first half of 2022 as in 2021 over the same period, despite the impact of a €1 million cash advance made for the payment of components in order to secure deliveries in the 3rd quarter of 2022. Cash flow from invest
Slide 35: Equity and debt, net cash
Equity and debt, net cash Equity and debt, net cashEquity and debt, net cashaux propres et endettement, trésorerie nette At June 30 2022, gross cash stood at €5.1 million and net cash at €3.2 million. SFAF PRESENTATION - 29 JULY 2022 I 35 35