Slide 1: Adcore's Investor Presentation February 2025
T S X : A D CO | OTCQX : A D CO F Adcore’s Investor Presentation February 2025
Slide 2: Disclaimer
Disclaimer Certain statements herein relating to Adcore Inc. (“ADCORE” or the “Company”) constitute “forward-looking statements”, within the meaning of applicable securities laws, including without limitation, statements regarding future estimates, business plans and/or objectives, sales programs, f
Slide 3: We Are Adcore
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F We Are Adcore A leading AI-powered marketing Adcore Inc. (TSX:ADCO) technology company. Adcore offers (OTCQX:ADCOF) was established in an unparalleled digital marketing 2006. The Company employs over solution, seamless
Slide 4: Our Vision: Effortless Marketing
OUR VISION Effortless Marketing We believe marketing should be effortless and accessible to everyone. 4
Slide 5: Investment Thesis
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Investment Thesis Proprietary Fast Growing Good Margins Profitable Technology 17% Revenue YoY growth 47% gross margins in $1.6M in 2023 Adjusted An all-inclusive in 2023 Q3 2024 and 41% gross EBITDA In the core Ad- mar
Slide 6: Huge Addressable Market
$1,166B Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F (2026) Huge Addressable $906B Market (2023) Source: Insider Intelligence Digital Ad spending Worldwide, 2023-2026 29% GROWTH 6
Slide 7: Tectonic Industry Changes
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Tectonic Industry Changes Google and Meta’s ad dominance fades Raise of emerging markets and channels Share of U.S. digital ad spend, by channel type Distribution of internet advertising spending worldwide Annual; 2008
Slide 8: Adcore's Strategic Opportunities
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Adcore’s Strategic Opportunities Acting as a gateway to multi-regional Complete oversight of and multi-channel reach the entire media journey 2007 Client Account Creation Feed Creation Campaign Monitoring, & Financing
Slide 9: Marketing & Sales Strategy: Geographical Expansion
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Marketing & Sales Strategy: Geographical Expansion The company’s global presence ensures relevancy and connection with the local audience, helps drive business growth, and enhances its global footprint. 9
Slide 10: Marketing & Sales Strategy: Vertical Integration
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Marketing & Sales Strategy: Vertical Integration Account Creation Media Research and Planning Feed Creation and Optimization The vertical integration strategy brings together various elements of the marketing ecosystem
Slide 11: Adcore Marketing Cloud
Adcore Marketing Cloud Our suite of marketing apps Adcore’s marketing cloud provides marketers of all sizes with easy access to a wide range of essential marketing apps, all conveniently available in one place. This comprehensive solution enhances their performance effectively. Adcore is poised to
Slide 12: Adcore’s Investors Presentation | February 2025 T S X : A D CO OTCQX
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F 12
Slide 13: Marketing Cloud In Action
ADCORE MARKETING CREATE AUTOMATED ADS CLOUD & SERVICES FOR ALL MAJOR PLATFORMS Marketing Cloud In Action One integrated technology to create & manage digital ads across platforms Shop Princess Polly Clothing 13
Slide 14: Solid Financial Model
Yearly revenue Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F 40 M 35.7M Solid Financial Model 31.2M 26.7M 30 M 23M CAD in thousands currency 15M 20 M 12M Quarterly revenue 10 M 2018 2019 2020 2021 2022 2023 10,000 8,766 8,989 8,229 7,844 8,000 6,822 6,864 6,866 6
Slide 15: Quarterly Revenue, Gross Profit and Adjusted EBITDA
Q4 2023 Q1 2024 Q2 2024 Q3 2024 $9M $6.8M $6.6M $7.8M Revenue Revenue Revenue Revenue $3.7M $3.1M $2.9M $3.7M Gross profit Gross profit Gross profit Gross profit $0.5 $0.2 $(0.2) $0.3 Adjusted EBITDA Adjusted EBITDA Adjusted EBITDA Adjusted EBITDA $7.6M $7.5M $6.4M $6.2M Working capital Working
Slide 16: Solid Balance Sheet
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Solid Balance Sheet Cash Position Total Assets Debt Free 24 9 4.5 8.1M 21 8 4 19.1M 18M 6.7M 7 3.5 18 6 3 15 5 2.5 12 4 2 9 3 1.5 6 2 1 3 1 0.5 - - 0 0 0 DEC 23 SEP 24 DEC 23 SEP 24 DEC 23 SEP 24 16
Slide 17: Capitalization Table & Comparables
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Capitalization Table & Comparables EV / ENTERPRISE GROSS EV / COMPANY NAME TICKER MARK CAP VALUE (EV) PROFIT EBITDA Common Shares 60.5m 89% Fluent Inc FLNT US 71 115 1.2 -2.0 Options, RSUs & Warrants 7.4m 11% Criteo S
Slide 18: Roundup: Adcore's Value Proposition
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Roundup: Adcore’s Value Proposition Tectonic Proprietary Plenty of Fast Growing Change Technology Headroom With the tectonic shifts in In 2023, our YoY revenue Comprehensive We currently manage the advertising industry
Slide 19: Key Leadership Team
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F Key Leadership Team Roy Nevo Omri Brill Amit Konforty COO CEO CFO Vadim Malkin Ronit Moll Martijn van den Alina Jiang Zehavit Dan CTO CDO Australia GM Greater China Legal Counsel Bemd CPO 19
Slide 20: IR Contacts
Adcore’s Investors Presentation | February 2025 T S X : A D CO | OTCQX : A D CO F IR Contacts Nick Campbell Martijn van den Bemd Amit Konforty INVESTOR RELATIONS MANAGER CPO CFO nickc@adcore.com martijn@adcore.com amitk@adcore.com 20
Slide 21: Thank You.
T S X : A D CO | OTCQX : A D CO F Thank You.