Slide 1: Q1 2024 Revenues
A P R I L 2 5 , 2 0 2 4 Q1 2024 REVENUES VISIOCONFERENCE Confidential & proprietary
Slide 2: Disclaimer
DISCLAIMER This presentation does not constitute or form part of and should not be construed as any offer for sale of or solicitation of any offer to buy any securities of Ateme, nor should it, or any part of it, form the basis of or be relied on in connection with any contract or commitment whatsoe
Slide 3: Presenters
PRESENTERS Michel ARTIÈRES Fabrice SANA Founder & Chief Executive Officer Chief Financial Officer Degree in Engineering from SUPELEC, PARIS, Degrees from the European Business with a specialization in signal processing School and ESSEC and telecommunications Confidential & proprietary 3
Slide 4: Who We Are
WHO WE ARE Confidential & proprietary
Slide 5: The Video Delivery Leader
THE VIDEO DELIVERY LEADER Public since 2014 Ateme enables content providers, service providers and streaming platforms to captivate their audiences with a superior Quality of Experience, so they can €100m in 2023 (+10%) boost viewership engagement, acquire new customers, and unleash new monetization
Slide 6: We Help Billions of Viewers Watch Content Anywhere, Anytime
WE HELP BILLIONS OF VIEWERS TO WATCH CONTENT ANYWHERE, ANYTIME Streaming platforms SVOD, AVOD, virtual video distributor Digital Experience & E-commerce OTT streaming services to multiscreen CDN, cDVR 5G Broadcast Viewers Pay-TV services Contribution Distribution to set-top box Content provider Serv
Slide 7: Unique End-to-End Offering
UNIQUE END-TO-END OFFERING D2C Channel Origin Contribution File Xcoding Broadcast Cloud DVR DAI CDN Analytics Delivery Origination Server x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x x (partners) x x x Cloudfront Analytics x x x x x x x x x x x x x Offering end-to-end solution
Slide 8: Ateme Is Infrastructure Agnostic
ATEME IS INFRASTRUCTURE AGNOSTIC Titan, Nea and Pilot are available on all infra options Rationale to own the datacenter Rationale to move to public cloud On prem or public Cost cloud ? Fast deployment Control of the infrastructure Externalization Ateme partners Ateme partners Confidential & proprie
Slide 9: Q1 2024 Activity
Q1 2024 ACTIVITY Confidential & proprietary
Slide 10: Revenues Evolution by Quarter
REVENUES EVOLUTION BY QUARTER €100.0m €90.6m 30.5 €78.8m Q1 2024: €70.1m €17.7m €66.3m €56.5m 20.5 -35% €48.6m €37.5m -35% at constant exchange 21.8 rate & perimeter €28.6m 27.3 17.7 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q1 Q2 Q3 Q4 Exceptional base effect in Q1 2023, due to a large one-
Slide 11: Q1 2024 Revenue Split and Growth by Region
Q1 2024 REVENUE SPLIT AND GROWTH BY REGION Q1 2024 REVENUE Q1 2024 REVENUE SPLIT BY REGION GROWTH BY REGION APAC €2.0m 11% LATAM USA/CAN -69% EMEA +38% €1.9m 11% -69% +38% (at constant exch. EMEA rate and perimeter) (at constant exch. rate and perimeter) €8.9m 50% LATAM +34% APAC -37% +34% USA/Canad
Slide 12: Continued Growth in MRR Since 2019
CONTINUED GROWTH IN MRR SINCE 2019 ARR: €30.5m Multi-Year investment SaaS and Maintenance MRR, On track to reach Contracts Subscription As 1st of month 3M€ MRR by 2024 in € thousands Monthly Recurring Revenue (MRR) 2.443 2.470 2.541 Integration of Anevia 1.960 1.500 Increased visibility with 880 sec
Slide 13: Outlook & Strategy
OUTLOOK & STRATEGY Confidential & proprietary
Slide 14: Key Market Drivers for Growth
KEY MARKET DRIVERS FOR GROWTH Drivers Impact on business Impact on tech Engaging with younger generation Investing in interactivity, data, Convergence and augmenting revenues consumer experience etc. Monetization Increasing subscriber base and boosting profits with targeted delivery Investing in Dyn
Slide 15: Ateme's Success @2024 NAB Show
ATEME’S SUCESS @2024 NAB SHOW! The recent NAB Show confirmed Ateme’s growing reputation in its industry • Footfall at Ateme’s booth up 34% Strong interest in: • Ateme’s AI optimized OTT delivery, leading to gains in compression efficiency, and end-to-end optimizations • Growing visibility with the m
Slide 16: Spatial Computing: New @ 2024 NAB Show
SPATIAL COMPUTING : NEW @ 2024 NAB SHOW! Presenting 'Spatial Computing' encoding solutions compatible with the Apple Vision Pro • New ways of consuming video assets with immersive experiences on the Apple Vision Pro • TITAN encoders leverage the Gen 7 compression core to support Spatial Computing th
Slide 17: Ateme Drivers for Growth in 2024
ATEME DRIVERS FOR GROWTH IN 2024 Products Partnerships Environment Events 7th generation of video Partnerships with major A more favorable Major upcoming global compression technology public cloud providers competitive environment sports events in Europe (powers Titan Live for streaming when a major
Slide 18: 2024 Financial Objectives
2024 FINANCIAL OBJECTIVES 2024 Business growing faster than opex • Maintaining flat cost base & headcount • Refocusing investment on EMEA and USA / Canada EBITDA €10m • Reducing exposure in a few challenging countries in APAC and Latin America • Rationalization of our product lines MRR (Monthly Recu
Slide 19: Investor Relations
INVESTOR RELATIONS Shareholder structure Stock price (€) Number of shares : 11,432,444 Potential dilution : 517,485 as of December 2023 Concert Artières 11% NJJ Capital Float (Xavier Niel) 67% 5% Keren Finance 5% Otus Capital 12% Market data Financial Calendar ISIN: FR0011992700 May 28, 2024 Ateme T
Slide 20: Q&A
Q&A Confidential & proprietary
Slide 21: Thank You
THANK YOU. Confidential & proprietary
Slide 22: Ateme Engaged in Corporate Social Responsibility
ATEME ENGAGED IN CORPORATE “ Make the SOCIAL RESPONSIBILITY entertainment and video experience captivating, greener, and accessible to everyone ” A CSR policy led by the COO in direct contact with the Executive Committee and fully integrated into the company’s overall strategy Already achieved >>>>>
Slide 23: OTT Streaming Already Exceed Traditional Linear TV and There Is More to Come
OTT STREAMING ALREADY EXCEED TRADITIONAL LINEAR TV AND THERE IS MORE TO COME Personalization Content & Ad insertion (SVoD, AVoD, NextGen TV) Audience engagement x3 I ncrease ad revenues Convergence of the media-tech Infrastructure migration universe Next-Gen architecture (cloud, SaaS, private or mul
Slide 24: Ateme Advisory Committee
ATEME ADVISORY COMMITTEE Mission: help Ateme reinvent the video consumption Anne Schelle Yuval Fisher Nitin Mittal Weidong Mao Andy Beach Sebastian Audoux Sotiris Salamouris Pascal Crochemore Anna Lockwood Mike Kralec Anil Jain Frank Penning Chris Blandy Confidential & proprietary
Slide 25: Maintain a Flat Cost Base & Headcount in 2024
MAINTAIN A FLAT COST BASE &HEADCOUNT IN 2024 Headcount evolution Operating cost evolution In number In €m 594 580 +2% 553 518 +8% 490 31.4 +9% 30.8 +11% 28.4 +41 26.1 +35 -14 +28 23.6 H2 2021 H1 2022 H2 2022 H1 2023 H2 2023 H2 2021 H1 2022 H2 2022 H1 2023 H2 2023 • Impact of cost reduction initiativ