Huuuge, Inc. · GPW:HUG
Huuuge — Q3 2025 Earnings Presentation
17 slides from Huuuge's earnings presentation, November 2025
Slide 1: Q3 2025 Presentation
Q3 2025 PRESENTATION NOVEMBER 2025
Slide 2: Disclaimer
DISCLAIMER This presentation (“Presentation”) has been prepared by Huuuge, Inc. (the “Company”). By reading the Forward-looking statements include in particular statements regarding the financial performance, Presentation, you agree to be bound by the following limitations. business strategy, plans a
Slide 3: Today's Presenters
TODAY’S PRESENTERS Wojciech Wronowski Maciej Hebda Chief Executive Officer Treasurer, EVP Finance To learn more please visit: https://ir.huuugegames.com/governance
Slide 4: Q3 2025 Highlights
Q3 2025 HIGHLIGHTS $56m USD 120m SBB executed Revenue Over 15 million Huuuge shares retired (25.4% of share capital) -5.0% YoY, -5.1% QoQ High adj.EBITDA margin and strong cash generation maintained Strong cash conversion: 85% Net OCF to Adj. EBITDA over the last 12 months $22m Adj. EBITDA +3.3% YoY
Slide 5: Strategic Priorities
STRATEGIC PRIORITIES Priority #1 Priority #2 Priority #3 Priority #4 Core business longevity New Market Entry M&A Capital Distribution Policy ● Focus on player retention ● Pursuing strategic entry ● No longer pursuing ● Range: 50%–100% of over short term into the iGaming market potential acquisition
Slide 6: Business Update
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Slide 7: Q3 2025 Core Franchises
Q3 2025 CORE FRANCHISES The YoY revenue decline in Q3 2025 was consistent with the softening social ● DAU decreased by 12.4% YoY and by 5.7% QoQ casino market, which is now expected to decline by 5.5% YoY in 2025 (according to ● ARPDAU increased by 8.9% YoY and by 0.6% QoQ the revised Eilers & Krejc
Slide 8: Core Franchises: DTC Channel Growth
CORE FRANCHISES: DTC CHANNEL GROWTH Direct-To-Consumer (Webshop) Revenue as % of Total Revenue ● DTC revenue reached 27% of the total revenue in Q3 2025 and 34% in October ● Continued growth supported by Huuuge Pay release on iOS in September and Android in November ● Huuuge remains positive around
Slide 9: Financial Update
_ FINANCIAL UPDATE G
Slide 10: Financial Performance
FINANCIAL PERFORMANCE $m Q3 25 Q3 24 YoY Q2 25 QoQ Revenue 55.8 58.8 -5.0% 58.8 -5.1% Gross profit/(loss) on sales 42.5 42.7 -0.5% 44.1 -3.7% Sales and marketing expenses -12.7 -11.7 8.5% -11.5 10.3% Research and development expenses -3.9 -5.3 -26.4% -4.1 -3.3% General and administrative expenses -6.
Slide 11: Cash Flow Statement
CASH FLOW STATEMENT $m Q3 2025 Q3 2024 9M 2025 9M 2024 Pre-tax profit 20.8 18.0 64.6 56.5 Net Operating CF 15.6 14.5 63.2 47.3 Net Investing CF 1.2 1.0 4.1 -1.5 Net Financing CF -1.2 -1.1 -3.8 -73.5 Change in cash 15.6 14.5 63.5 -27.8 Cash End of Period 205.8 125.0 205.8 125.0 Even after factoring in
Slide 12: 2025
2025
Slide 13: Market Positioning 2025
MARKET POSITIONING 2025 Guidance for 2025 (% YoY dynamics) KEY HIGHLIGHTS ● We reiterate our full year topline guidance. As for Q4, we Revenue SLIGHT DECLINE expect some pickup in revenue in November & December - driven by seasonality and new feature releases Marketing spend SIGNIFICANT ● Marketing
Slide 14: Thank You
USD 120m SBB executed Over 15 million Huuuge shares retired (25.4% of share capital) THANK High adj.EBITDA margin and strong cash generation maintained Strong cash conversion: 85% Net OCF to Adj. EBITDA over the last 12 months YOU Gross Profit flat YoY Positive impact of D2C expansion Direct-to-Consum
Slide 15: Financial Data
FINANCIAL DATA Profit Love account (USD m) 2002 2023 2008 nz ra 9322 oa 173223 assassin ans as 0325 venue wae TEa4 2508 340 74 775 THT 2 Td 713 ero oy 2a eur a Ee Se Cost of cales 38. 26 28.0 235 240 0 6 za 203 206 2s 1941 178 160 463 488 147 133 ross proft(loss) on sles a7 00s sos soa sao 540 soe 0
Slide 16: Appendix - KPI's
APPENDIX - KPI'S (users) Fv2017__Fv2018__Fv2019___FY.2020Fv2021_FY2022_ FV 2023 FY2004 01202022020 032023 042023 | 012024 a22074 032024 42028 012025 | ar2025 032025 etal DALY 62113 8S0717 911048 947,188 789831610489 —~—420,787 ~—~—a74,048 (980728 970211 415,609 «408,100 408,509 302808 359193 37,992
Slide 17: Appendix - Glossary
APPENDIX - GLOSSARY ARPDAU Average revenue per daily active user. ARPPU Average revenue per paying user. DAU The number of individual users who played a game on a particular day. DPU The number of players (active users) who made a purchase on a given day. EPS Earnings per share Activities aimed at i