Slide 1: Second Quarter 2025 Preliminary Unaudited Results
Second Quarter 2025 Preliminary Unaudited Results 08.07.2025
Slide 2: Forward-Looking Statements and Risk Factors
Forward-Looking Statements and Risk Factors Certain statements in this presentation are “forward-looking statements” within the meaning of the Private Securities Litigation Industry, Market and Other Data Reform Act of 1995, particularly those regarding our 2025 Financial Guidance. Such forward-look
Slide 3: Business Overview
Business Overview cansensus
Slide 4: Operations and GTM Update Q2 2025 - Corporate Business
Operations and GTM Update Q2 2025 - Corporate Business Business Update • Q2’25 Corporate revenue up 6.9% $55.3M vs. $51.7M in Q2’24 • Revenue retention rate of 102% vs 99% in Q2’24 • Total Corporate customer count 63K vs. 56K in Q2’24 • 5.8K+ e-commerce offering eFax Protect and Corporate upsells in
Slide 5: Operations and GTM Update Q2 2025 - SoHo Business
Operations and GTM Update Q2 2025 - SoHo Business Business Update • Q2’25 SoHo revenue $32.4M vs. $35.8M previous year (slowing rate of decline) • Account base 682K vs. Q1’25 702K • Q2’25 Churn 3.84% vs Q1’25 3.52% GTM update • Continued strategic focus on optimizing profitability • Maximizing the e
Slide 6: Second Quarter 2025 Results
Second Quarter 2025 Results cansensus
Slide 7: Corporate Revenue Growth In Line with Expectations
Corporate Revenue Growth In Line with Expectations Corporate Revenue ($ in M) Quarter Ended Q2’24 Q2’25 YoY Accounts 56 63 11.3% 6.9% (000’s) YoY Growth ARPA(1) $310.18 $301.29 -2.9% Paid Adds 4 8 73.4% (000’s) LTM Revenue Retention ~60% 99.0% 102.0% +300 bps Record Revenues on Highest YoY Growth in
Slide 8: SoHo Revenue – Performing In Line With Expectations
SoHo Revenue – Performing In Line With Expectations SoHo Revenue ($ in M) Quarter Ended Q2’24 (2) Q2’25 YoY Accounts 760 682 -10.3% -9.4% (000’s) YoY ARPA (1) $15.45 $15.62 1.1% Paid Adds 61 62 3.0% (000’s) Monthly Account Churn ~60% 3.55% 3.84% 29 bps Revenue Decline Trending SoHo Performing Within
Slide 9: Q2 2025 Results
Q2 2025 Results (in $M, except Adjusted EPS) 0.3% -2.1% 2.0% 56.1% 54.8% Margin Margin ● Q2’25 Consolidated Revenue returns to growth, $0.2M or 0.3% ● Adjusted EBITDA down -$1.0M or -2.1% YoY, Adj. EBITDA margin of 54.8%, ~135 bps favorable to Q2’25 guidance range ● Adjusted EPS favorable $0.03 or 2
Slide 10: Strong Cash Generation Supports Capital Allocation Strategies
Strong Cash Generation Supports Capital Allocation Strategies Free Cash Flow(1) • Q2’25 free cash flow is $20.3M vs. $15.8M in Q2’24 • Q2’25 capex of $7.9M is down $0.6M vs prior comparable period Cash and Cash Equivalents • Q2’25 cash balance ~$58M, with interest income on excess cash invested of ~
Slide 11: 2025 Financial Guidance
2025 Financial Guidance cansensus
Slide 12: Reaffirming Full Year Revenue and AEBITDA, Raising AEPS and Providing Q3 Guidance
Reaffirming Full Year Revenue and AEBITDA, Raising AEPS and Providing Q3 Guidance Raising FY AEPS guidance range (1) Assumes ~19.4M shares and 20.5% to 22.5% effective tax rate. (2) The annual and quarterly guidance for Adjusted earnings per diluted share excludes any foreign exchange gains or losse
Slide 13: Appendix
Appendix cansensus
Slide 14: Consolidated Metrics
Consolidated Metrics 2024 2025 Consensus Metrics Q1 Q2 Q3 Q4 Q1 Q2 Revenue by Type |------(in '000s)--------| Fixed Revenues 61,114 60,151 60,268 59,843 59,096 58,614 Variable Revenues 27,029 27,349 27,480 27,135 28,044 29,101 Fax Revenues 88,144 87,500 87,748 86,978 87,140 87,715 Patents 2 1 4 5 (2
Slide 15: Corporate Metrics
Corporate Metrics 2024 2025 Corporate Fax Metrics Q1 Q2 Q3 Q4 Q1 Q2 Revenue by Type |-----(in '000s)-----| Fixed Revenues 27,441 27,433 28,493 28,582 29,029 29,197 Variable Revenues 23,947 24,289 24,592 24,335 25,262 26,103 Total Corporate Revenues 51,388 51,721 53,085 52,916 54,290 55,301 Consensus
Slide 16: SoHo Metrics
SoHo Metrics 2024 2025 SOHO Fax Metrics Q1 Q2 Q3 Q4 Q1 Q2 Revenue by Type |-----(in '000s)-----| Fixed Revenues 33,673 32,718 31,775 31,261 30,067 29,416 Variable Revenues 3,082 3,060 2,889 2,801 2,783 2,998 Total SOHO Revenues 36,755 35,778 34,663 34,062 32,850 32,414 Consensus Cloud Services Custo
Slide 17: Net Income to Adjusted EBITDA Reconciliation
Net Income to Adjusted EBITDA Reconciliation *The prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on Adjusted EBITDA. Adjusted EBITDA as calculated above represents earnings before interest expense, interest income,
Slide 18: Consolidated and SoHo Metrics Since Spin
Consolidated and SoHo Metrics Since Spin 2021 2022 2023 2024 2025 Consensus Metrics Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Revenue by Type |------(in '000s)--------| Fixed Revenues 63,986 63,440 64,423 65,998 66,474 66,001 65,653 66,789 64,836 62,361 61,114 60,151 60,268 59,843 59,096 58,61