Azerion Group N.v · EURONEXT:AZRN
Azerion — Shareholder Meeting (June 2025)
17 slides from Azerion's shareholder meeting presentation, Jun 19, 2025
Slide 1: Annual General Meeting
Annual General Meeting Azerion Group N.V. June 19 2025
Slide 2: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 8. Delegation of the authority to resolve to issue shares and to grant rights to acquire shares and to restrict or exclude pre-emptive rights: 2. Report of the financial year 2024 (discussion item) a. Delegation of the authority to resolv
Slide 3: Management Board & Executive Committee
Annual General Meeting – Azerion Group N.V. Management Board & Executive Committee Executive Committee Umut Akpinar Sebastiaan Moesman Gönenç Seçil Tarakcıoğlu Jurriaan van Teunenbroek Co-Founder and Chief Strategy Officer Chief People Officer Chief Publishing Officer Chief Executive Officer Julie D
Slide 4: Supervisory Board
Annual General Meeting – Azerion Group N.V. Supervisory Board Supervisory Board Management Board Wim de Pundert Katrin Brökelmann Umut Akpinar Non- independ Member and Member of the Supervisory Board Co-Founder and Chair of the Supervisory Board Member of the Audit Committee Chief Executive Officer
Slide 5: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 8. Delegation of the authority to resolve to issue shares and to grant rights to acquire shares and to restrict or exclude pre-emptive rights: 2. Report of the financial year 2024 (discussion item) a. Delegation of the authority to resolv
Slide 6: Successful delivery of our 2024 strategy
Annual General Meeting – Azerion Group N.V. Successful delivery of our 2024 strategy • Strong revenue growth - full year revenue of ~€551 million, up 13% YoY* Financial results • Improved profitability - full year Adjusted Ebitda of ~€75 million, up 21% YoY* 2024 Platform growth • Increased revenue
Slide 7: Group – Strong Full Year performance driven by Platform growth and improved efficiency
Annual General Meeting – Azerion Group N.V. Group – Strong Full Year performance driven by Platform growth and improved efficiency ~€551m ~+13% Net revenue vs FY 2023* FY 2024 ~€75m ~+21% Adj. EBITDA FY vs FY 2023* 2024 * Excluding the divested social card games portfolio . Azerio n completed the sa
Slide 8: Platform – Scale and integration synergies delivering strong growth
Annual General Meeting – Azerion Group N.V. Platform – Scale and integration synergies delivering strong growth in Revenue and Adjusted EBITDA ~€497m ~+14% Net revenue vs FY 2023 FY 2024 ~€62m ~+17% Adj. EBITDA FY vs FY 2023 2024 8
Slide 9: Premium Games – Strong Adjusted EBITDA growth due to cost optimisation
Annual General Meeting – Azerion Group N.V. Premium Games – Strong Adjusted EBITDA growth due to cost optimisation across the segment ~€54m ~+9% Net revenue vs FY 2023* FY 2024 ~€13m ~+41% Adj. EBITDA FY vs FY 2023* 2024 * Excluding the divested social card games portfolio . Azerio n completed the s
Slide 10: FY 2024: Ongoing cost optimisation and efficiency programmes
Annual General Meeting – Azerion Group N.V. FY 2024: Ongoing cost optimisation and efficiency programmes driving improved productivity/ Improved operating performance Revenue per FTE evolution 180 2500 167 160 152 2300 143 140 126 128 2100 117 120 1900 100 96 100 93 1700 76 78 80 73 74 1500 60 1300
Slide 11: Historical Ongoing cost optimisation
Annual General Meeting – Azerion Group N.V. Historical Ongoing cost optimisation Personnel expenses Other expenses Costs of services and materials Revenue Opex % of revenues 551 36% 515 453 29% 27% 26% 25% 308 286 332 23% 377 195 187 173 54 125 37 41 118 33 17 107 99 86 17 55 29 33 2019 2020 2021 20
Slide 12: Events of the period and subsequent events (1/2)
Events of the period and subsequent events (1/2) 1. AFM Investigation As of 14 March 2025 and our press release on this topic, we are happy that AFM has concluded its investigation, found no misconduct by Azerion or its shareholders and, as a consequence also did not issue any penalties to anyone. A
Slide 13: Events of the period and subsequent events (2/2)
Events of the period and subsequent events (2/2) 4. Playtika earn out dispute The earn-out on our social card games portfolio was originally estimated, based on the company’s budget, at around 20m€ out of a potential 70m€ in our 2023 annual accounts. Results on the performance as shared by Playtika
Slide 14: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 8. Delegation of the authority to resolve to issue shares and to grant rights to acquire shares and to restrict or exclude pre-emptive rights: 2. Report of the financial year 2024 (discussion item) a. Delegation of the authority to resolv
Slide 15: PwC unqualified opinion on 2024 Financial Statements
PWC issued an unqualified opinion on 2024 Financial Statements. • Materiality of € 5.5 million (based on total revenues). • Coverage of our audit procedures: - 84% of consolidated revenue Materiality Audit scope • Site visits were conducted to 7 components in France, Germany, the UK and Sweden Key a
Slide 16: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 8. Delegation of the authority to resolve to issue shares and to grant rights to acquire shares and to restrict or exclude pre-emptive rights: 2. Report of the financial year 2024 (discussion item) a. Delegation of the authority to resolv
Slide 17: Close
azerion Close