Huuuge, Inc. · GPW:HUG
Huuuge — Q4 2024 Earnings Presentation
16 slides from Huuuge's earnings presentation, April 2025
Slide 1: Q4 2024 Presentation
Q4 2024 PRESENTATION APRIL 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: Q4 2024 Highlights
Q4 2024 HIGHLIGHTS New features driving topline recovery $62m Revenue -13.4% YoY, +5.1% QoQ Product Roadmap drives DPU & ARPDAU growth QoQ $25m Q4 releases stabilized revenue and set up a strong start for 2025 Adj. EBITDA Strong revenue in both Q4 2024 and Q1 2025 (preliminary) -4.9% YoY, +18.9% QoQ
Slide 5: Business Update
P cure” a BUSINESS UPDATE
Slide 6: Q4 2024 Core Franchises
Q4 2024 CORE FRANCHISES ● The YoY revenue decline in 2024 was primarily driven by roadmap delays, ● DAU decreased by 11.9% YoY, and 4.9% QoQ though Q4 releases stabilized performance and set up a strong start for 2025 ● ARPDAU was flat YoY and and increased by 10.9% QoQ ● User acquisition (UA) spend
Slide 7: Core Franchises: DTC Channel Growth
CORE FRANCHISES: DTC CHANNEL GROWTH Direct-To-Consumer (Webshop) Revenue as % of Total Revenue ● DTC revenue reached over 16% of the total revenue in Q4 2024 and 21% in March 2025 ● We continue to invest further in this channel and we expect more long-term upside, with DTC as % of revenue
Slide 8: Financial Update
_ FINANCIAL UPDATE G
Slide 9: Financial Performance
FINANCIAL PERFORMANCE $m Q4 24 Q4 23 YoY Q3 24 QoQ Revenue 61.7 71.3 -13.4% 58.8 5.1% Gross profit/(loss) on sales 45.4 50.8 -10.6% 42.7 6.3% Sales and marketing expenses -10.6 -14.5 -27.3% -11.7 -9.9% Research and development expenses -5.3 -5.0 6.9% -5.3 -0.6% General and administrative expenses -7.
Slide 10: Cash Flow Statement
CASH FLOW STATEMENT $m 2024 2023 Q4 2024 Q4 2023 Pre-tax profit 77.8 98.8 21.3 23.4 Net Operating CF 65.0 82.4 17.8 24.8 Net Investing CF -0.6 4.1 0.9 0.9 Net Financing CF -74.4 -155.0 -0.9 -1.1 Change in cash -10.0 -68.5 17.7 24.7 Cash End of Period 141.8 152.1 141.8 152.1 Even after returning aroun
Slide 11: 2025
2025
Slide 12: Market Positioning 2025
MARKET POSITIONING 2025 Guidance for 2025 (% YoY dynamics) KEY HIGHLIGHTS ● Recovery in revenue in Q4 continued throughout Q1 (our Revenue SLIGHT DECLINE preliminary estimates) ● Marketing spend (relative to revenue) to remain around Marketing spend SIGNIFICANT levels seen in Q4, with a slight incre
Slide 13: Thank You
Product Roadmap drives DPU & ARPDAU growth QoQ Q4 releases stabilized revenue and set up a strong start for 2025 THANK Strong revenue in both Q4 2024 and Q1 2025 (preliminary) Stabilization and positive impact from new features YOU Direct-To-Consumer Q4 2024 revenue up 62% YoY DTC responsible for 16
Slide 14: Financial Data
FINANCIAL DATA Profit & Loss account (USD m) 2021 2022 2023 2024 Qi23 9223 9323 9423 Qi 24 9224 Qa24 Revenue 378.7 318.6 268.4 250.8 717 692 712 718 67.0 63.4 17 Cost of sales. “112.2 98.9 22.6 69.0 24 203 20.6 20.5 19.1 176 1638 Gross profit/(loss) on sales 261.5 227 200.9 181.8 50.6 48.9 50.6 50.8
Slide 15: Appendix - KPI's
APPENDIX - KPI'S (users) Fy2017_—FY2018 —FY2019_——FY.2020—FV2021— FY 2022 FV.2023—— FY 2024 12020 @22020 3202342023 gi 2024 | gz 2024 | g32024 Qh 2024 Total DAU 633113 850,717 «917,048 ~—=«947,188 «789,831 ——«610,489~«—«=«A29787 «374,648 980224 970,211 ~-—«416609 408,100 «408,509 +~©—«-392898 «359,1
Slide 16: 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