12 slides from Tiny Ltd. Class A's earnings presentation, Aug 12, 2025
Slide 1: Q2 2025 Earnings Call
August 12, 2025 Q2 2025 Earnings Call
Slide 2: Legal Disclaimer
Legal Disclaimer Q2 2025 Results This presentation is being given by Tiny Ltd. (the “Company”) for information purposes only. Reliance on this pre se ntation for the purpose By their nature, forward-looking statem ents are subject to numerous risks and uncertainties. You are cautioned that the of en
Slide 3: Q2 2025 Highlights
Q2 2025 Highlights Q2 2025 Results $8.2M ➢ 22% YoY increase vs. Q2 2024 ➢ LTM Adjusted EBITDA1 of $35.3 million 1 ➢ Net Debt to Pro Forma Adjusted EBITDA1,2 Launched integration of Apple Music within Serato DJ, Adj. EBITDA of 2.8x, down from 3.1x in Q2 2024 giving DJs instant access to over 100 mill
Slide 4: Q2 2025 Financial Results
Q2 2025 Results Q2 2025 Financial Results
Slide 5: Revenue
Revenue Q2 2025 Results Digital Services Software & Apps Creative Platform Other $51.0 $50.0 $50.0 $48.1 $1.5 $2.1 $2.1 $2.2 $16.6 $10.3 $10.3 $11.0 $18.0 $13.3 $18.0 $13.6 $19.3 $19.6 $21.5 $19.6 Q2-24 Q2-25 Q1-25 Q2-25 Revenue increased 4%1 compared to Q2 2024, Q2 2025 Revenue increased by $1.9 mi
Slide 6: Recurring Revenue
Recurring Revenue1 Q2 2025 Results Recurring Revenue1 Recurring Revenue % 1 26% 26% 19% 20% $13.2 $13.2 $9.6 $9.8 Q2-24 Q2-25 Q1-25 Q2-25 Recurring Revenue1 was $13.2 million in Q2 2025, Recurring Revenue1 26% of revenue, an increase an increase of $3.6 million, or 37% over Q2 2024 from 19% in Q2 20
Slide 7: Adjusted EBITDA & Adjusted EBITDA Margin
Adjusted EBITDA1 & Q2 2025 Results Adjusted EBITDA Margin1 21% 20% 18% 18% 16% 16% 16% 14% 13% 14% $35.3 $31.8 $17.9 $13.6 $7.3 $10.1 $9.7 $8.2 $6.9 $6.8 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25 Q2-25 1H-24 1H-25 Q2-24 Q2-25 LTM LTM Adjusted EBITDA1 increase in Q2 2025 by $2.6 Adjusted EBITDA Margin1 of 16% in
Slide 8: Free Cash Flow and Adjusted FCF Post Debt Servicing
Adjusted FCF Free Cash Flow1 Post Debt Servicing1 $20.9 $18.6 $9.0 $6.0 $7.0 $6.6 $5.1 $2.0 ($2.6) ($2.6) ($3.7) ($3.7) Q2-24 Q2-25 1H-24 1H-25 Q2-24 Q2-25 Q2-24 Q2-25 1H-24 1H-25 Q2-24 Q2-25 LTM LTM LTM LTM Free Cash Flow1 improved by $9.7 million & Adjusted Free Cash Flow Post Debt Servicing 1 ▪ S
Slide 9: Tiny Fund I
Tiny Fund I1 Q2 2025 Results Distributions to Tiny from Tiny Fund I Revenue1 Tiny Fund I US$23.2 US$23.1 US$12.0 US$11.5 ❖ Letterboxd reached 21.4 million members at C$1.7 C$1.5 quarter end, an increase of 47% YoY, and 106% since the majority acquisition in C$0.5 September 2023 C$0.4 ❖ Announced pla
Slide 10: Debt & Cash
Debt & Cash Q2 2025 Results Net Debt to Adjusted EBITDA1 Ratio June 30, 2025 December 31, 2024 3.8x 3.5x 3.1x 3.2x 3.0x Senior Debt 116.9 million 116.9 million 2.7x 2.8x Convertible Debentures 36.1 million -- Total Cash 26.7 million 22.9 million Net Debt 126.3 million 94.0 million 2 Q4-23 Q1-24 Q2-2
Slide 11: Roadmap – Q2 Update
Roadmap – Q2 Update Q2 2025 Results ❖ Significant LTM Adjusted EBITDA 1 and Free Cash Flow1 improvements – Profitable Growth LTM Adjusted EBITDA1 increased to $35.3 million from $31.8 million, and Free Cash Flow1 increased to $20.9 million from $2.0 million Capital Structure ❖ Net Debt to Adjusted E
Slide 12: Questions
Questions