Slide 1: First Quarter 2022 Earnings Call
First Quarter 2022 Earnings Call Bill Livek Jon Carpenter CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER EXECUTIVE VICE CHAIRMAN May 10, 2022
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, commercial agreements, pro
Slide 3: Key First Quarter Highlights
Key First Quarter Highlights Delivered solid first quarter results… Q1 revenue of $94M, up 4% year over year & $6.8M of Adjusted EBITDA, up 22% year over year Momentum building in Local & National… NBCU, Effectv, Spectrum & major National and Local agency holding cos Continued to accelerate our cros
Slide 4: Momentum Among Major Clients & Partners
Momentum Among Major Clients & Partners National and Cross Platform Local Buy Side Partners 4
Slide 5: Comscore provides a holistic view of Content and Ad consumption throughout the home
Comscore provides a holistic view of Content and Ad consumption throughout the home ~35M ~13M ~150M+ ~200M+ 7.5K ~100K+ Households Smart TV Desktop Screens Mobile Devices Households Devices CENSUS-BASED TV COVERAGE CENSUS-BASED NATIONALLY DISTRIBUTED DIGITAL COVERAGE TOTAL HOME PANEL Measurement Cov
Slide 6: Allowing us to deliver a holistic product suite across Media
Allowing us to deliver a holistic product suite across Media Local National National Ad XP Ad Connected Measurement Content Measurement Measurement TV Digital Movies Measurement 6
Slide 7: Which means Comscore can offer what no one else can…
Which means Comscore can offer what no one else can… PLAN TRANSACT E VA LUAT E Get a cross platform view of Precisely reach desirable Optimize audience delivery digital video and CTV audiences in a privacy with deduplicated reach consumption forward way Among the Highest Coverage of CTV/Video Conten
Slide 8: Comscore is reinventing contextual targeting
Comscore is reinventing contextual targeting Contextual Targeting Cookie-free Audience Cross Platform 101 Targeting Activation BRAND SAFETY PREDICTIVE AUDIENCES & SUITABILITY • Age & Gender • Gaming DESKTOP MOBILE AUDIO • Automotive • Location • B2B • Media Behaviors • CPG • Political WALLED IAB CAT
Slide 9: Focused on Key Priorities To Drive Profitable Growth
Focused on Key Priorities To Drive Profitable Growth Measuring content & ads everywhere and enabling planning and activation in a privacy-forward manner Gaining adoption of our cross-platform and privacy-forward products … CCR, Contextual Targeting & Predictive Audiences Reigniting our Digital offer
Slide 10: First Quarter 2022 Financials
First Quarter 2022 Financials May 10, 2022
Slide 11: Solid First Quarter Financial Results
Solid First Quarter Financial Results ($ in millions) Total Revenue Adjusted EBITDA +4% year over year growth $94.0 +22% $90.3 year over year growth $6.8 $5.6 Q1 2021 Q1 2022 Q1 2021 Q1 2022 See reconciliation of adjusted EBITDA to net income (loss) in appendix. 11
Slide 12: First Quarter Revenue Growth
First Quarter Revenue Growth ($ in millions) Key Cross Platform Movies Digital Ad Drivers Solutions Reporting* Solutions 1Q Revenue Growth of +10% +20% 0% 4% YoY year over year year over year year over year growth growth growth $53.0 $53.1 Strength in TV measurement $40.8 $37.3 $8.2 Continued Movies
Slide 13: Reiterating Full Year 2022 Revenue & Margin Rate Guidance
Reiterating Full Year 2022 Revenue & Margin Rate Guidance Metric Low End High End Total Revenue Growth Mid-Single Digit High-Single Digit Digital Ad Solutions Low-Single Digit Mid-Single Digit Cross Platform Solutions High-Single Digit Double Digit Adjusted EBITDA Margin Rate Consistent with 2021 13
Slide 14: Thank you!
ly comscore Thank you!
Slide 15: ‘i comscore
‘i comscore 15
Slide 16: Appendix
Appendix May 10, 2022
Slide 17: Quarterly Trending Schedules
Quarterly Trending Schedules If we had evaluated revenue in 2021 using the new solution groups, we estimate quarterly revenues would have been reported as follows: Three Months Ended (Unaudited) Year Ended % of Total (In millions) 31-Mar-21 30-Jun-21 30-Sep-21 31-Dec-21 12/31/2021 2021 Revenue Digit
Slide 18: 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 and adjusted EBITDA margin, which are non-GAAP financial measures used by our management to understand and evaluate our core operating performance an
Slide 19: Q1 2022 Adjusted EBITDA
Three Months Ended March 31, (In thousands) 2022 (Unaudited) 2021 (Unaudited) GAAP net loss (9.276) (36.355) Amortization of intangible assets 6,779 6.439 Depreciation 4.191 4.054 Income tax provision 1,383 1,022 Amortization expense of finance leases 704 443 Q1 2022 Interest expec, ot 200 1045 Ad .