Nexxen International Ltd. · NASDAQ:NEXN

Nexxen International — Q2 2024 Earnings Presentation

20 slides from Nexxen International's earnings presentation, Aug 22, 2024

Slide 2: Introduction to Speakers & Safe Harbor Statement
Introduction to Speakers & Safe Harbor Statement This presentation has been prepared by Nexxen International Ltd. (the "Company" or "Nexxen"). This presentation and the accompanying oral presentation contain forward-looking statements. These statements may relate to, but are not limited to: statemen
Slide 3: Record Q2 Results
Record Q2 Results Record Q2 Record Q2 Contribution ex-TAC Programmatic Revenue IMPROVED EXECUTION In Q2 Nexxen benefitted from significantly improved execution while taking important steps to strengthen its platform and sales Record Q2 +27% Y/o/Y Adjusted and marketing efforts CTV Revenue EBITDA Gro
Slide 4: Nexxen Data Platform & Unified Identity Graph Launch Driving New Partnerships and Revenue Opportunities
Nexxen Data Platform & Unified Identity Graph Launch Driving New Partnerships and Revenue Opportunities DATA PLATFORM PARTNER ASSETS ONBOARD CREATE AUDIENCES, UNLOCK INSIGHTS, ACTIVATE MEASURE FIRST-PARTY DATA ENRICH DATA, AND MAXIMIZE REACH EFFECTIVENESS CLEAN ROOM CONTEXTUAL UNIFIED GRAPH TV INTEL
Slide 5: Stagwell adopted Nexxen as its data and AdTech partner in Q2
DEMAND DATA SUPPLY PLATFORM PLATFORM PLATFORM Stagwell adopted Nexxen as its data and AdTech partner in Q2 The partnership is expected to enhance Stagwell’s customers’ results, and drive increased revenue opportunities for both companies over time © 2024 Nexxen International. All rights reserved. Co
Slide 6: Kinective Media selects Nexxen as audience extension partner
The launch of Nexxen Data Platform led Kinective Media, United Airlines’ commerce media network, to select Nexxen as its first-to-market audience extension partner, unlocking a new revenue growth opportunity in commerce media for Nexxen © 2024 Nexxen International. All rights reserved. Confidential
Slide 7: Nexxen and The Trade Desk global ACR data licensing partnership
CANADA UK US AUSTRALIA Nexxen and The Trade Desk entered into a global ACR data licensing partnership in which Nexxen’s exclusive ACR data segments have been made available on The Trade Desk’s self- service platform for activation in the U.S., U.K., Canada, and Australia © 2024 Nexxen International.
Slide 8: 2024 U.S. Election Opportunities
2024 U.S. Election Opportunities Nexxen’s recently released data-driven tools for political advertisers are enabling them to gain deeper campaign insights and expand audience reach, positioning Nexxen and its customers to capitalize on the U.S. election cycle © 2024 Nexxen International. All rights
Slide 9: Q2 2024 Business Wins
Q2 2024 Business Wins +86 +16 +78 New actively New enterprise New global supply spending first-time self-service customers partners (+74 in US) advertiser customers © 2024 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 10: Enhanced Sales Execution, Data Platform Launch, Partnerships, Innovation
Nexxen Ready to Enhanced Sales Nexxen Data New & Scaling Innovation and Capitalize on Long-Term Execution Platform Launch Partnerships GenAI Focus Growth Opportunity © 2024 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 11: Q2 2024 Financial Results
Q2 2024 $83.1 M $78.6 M $28.2 M Financial Results Record Q2 Contribution ex-TAC (+4% y/o/y) Record Q2 Programmatic Revenue (+3% y/o/y) Record Q2 CTV Revenue (+14% y/o/y) Generated record Q2 Contribution ex-TAC, programmatic revenue, $26.8M 32% 74% and CTV revenue, while expanding Adjusted EBITDA Adj
Slide 12: Cash Flow, Liquidity, and EPS
Cash Flow, Liquidity, and EPS $20.9 M $151.9 M $0.09 Q2 2024 Net Cash from Operating Net Cash as of 06/30/2024 Q2 2024 Non-IFRS Diluted Activities (+76% Y/o/Y) Earnings Per Ordinary Share • Fully repaid outstanding ~$100 million long-term debt in Q2 2024 • $90 million undrawn and remaining on Nexxen
Slide 13: Nexxen's Share Repurchase Programs
Nexxen’s Share Repurchase Programs • Completed $20 million Ordinary Share repurchase program & launched new $50 million program in Q2 2024 • Repurchased ~2.5M Ordinary Shares in Q2 2024 • Repurchased ~28.3M Ordinary Shares from March 1, 2022 through June 30, 2024 (~18.3% of shares outstanding) © 202
Slide 14: Reaffirming Full Year 2024 Guidance
Reaffirming Full Year 2024 Guidance $340 – $345 M FY 2024 Contribution ex-TAC ~$100 M Adjusted EBITDA 90% 2024 Programmatic Revenue as a % of FY 2024 Revenue • Anticipating CTV revenue acceleration with y/o/y growth expected in Q3, Q4, H2, and FY 2024 • Expecting data licensing revenue growth in ful
Slide 15: Better Execution and Momentum Post-Rebrand
Better Execution and Momentum Post-Rebrand Commerce Media Unified Full Stack Approach Partnership Opportunities Data Licensing Opportunities Nexxen Data Platform Launch New & Scaling Partnerships Nexxen positioned for sustainable long-term growth and expanded profitability and to realize its vision
Slide 18: IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC
IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC Three months ended June 30 Six months ended June 30 2024 2023 % 2024 2023 % ($ in thousands) Revenue 88,577 84,246 5% 163,009 155,983 5% Cost of revenue (exclusive of depreciation and amortization) (15,557) (14,604) (30,095) (30,701) Dep
Slide 19: IFRS / Non-IFRS Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA
IFRS / Non-IFRS Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA Three months ended June 30 Six months ended June 30 2024 2023 % 2024 2023 % ($ in thousands) Total comprehensive income (loss) 2,924 (3,616) 181% (4,362) (20,905) 79% Foreign currency translation differences for for
Slide 20: IFRS / Non-IFRS Reconciliation: Net Income (Loss) to Non-IFRS Net Income
IFRS / Non-IFRS Reconciliation: Net Income (Loss) to Non-IFRS Net Income Three months ended June 30 Six months ended June 30 2024 2023 % 2024 2023 % ($ in thousands) Net Income (loss) 2,916 (5,609) 152% (3,958) (23,518) 83% Amortization of acquired intangibles 7,042 10,214 14,099 17,857 Restructurin

Nexxen International — Q2 2024 Earnings Presentation on 6ix

Nexxen International — Q2 2024 Earnings Presentation

Slide 1: Nexxen Second Quarter 2024 Earnings Call

Slide 2: Introduction to Speakers & Safe Harbor Statement

Slide 3: Record Q2 Results

Slide 4: Nexxen Data Platform & Unified Identity Graph Launch Driving New Partnerships and Revenue Opportunities

Slide 5: Stagwell adopted Nexxen as its data and AdTech partner in Q2

Slide 6: Kinective Media selects Nexxen as audience extension partner

Slide 7: Nexxen and The Trade Desk global ACR data licensing partnership

Slide 8: 2024 U.S. Election Opportunities

Slide 9: Q2 2024 Business Wins

Slide 10: Enhanced Sales Execution, Data Platform Launch, Partnerships, Innovation

Slide 11: Q2 2024 Financial Results

Slide 12: Cash Flow, Liquidity, and EPS

Slide 13: Nexxen's Share Repurchase Programs

Slide 14: Reaffirming Full Year 2024 Guidance

Slide 15: Better Execution and Momentum Post-Rebrand

Slide 16: Thank You!

Slide 17: Appendix

Slide 18: IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC

Slide 19: IFRS / Non-IFRS Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA

Slide 20: IFRS / Non-IFRS Reconciliation: Net Income (Loss) to Non-IFRS Net Income