Slide 1: Revenue and results Anti-Piracy for the first half of 2026
Revenue and results Anti-Piracy for the first half of 2026 Business refocused on Anti-Piracy (excluding the XTD product line): $21.3 million • Continued growth in recurring subscription revenue: +9% • Non-recurring revenue from license sales aligned with our plan, including an unfavorable base effec
Slide 2: First-half 2026 revenue
Press Release Laurent DECHAUX, Chief Executive Officer, and Jean-François LABADIE, Chief Financial Officer, will host a webcast today at 6:00 p.m. (Paris time) to discuss the revenue and results for the first half of 2026. To join the webcast, click the following link: First-Half 2026 Results To joi
Slide 3: First-half 2026 results (Anti-Piracy proforma)
Press Release Subscription ARR reached $16.1 million, up 11% year-on-year (+$1.5 million) and up 4% compared with December 31, 2025 (+$0.6 million), reflecting an improvement in the quarterly growth rate. At the same time, maintenance ARR continues to decline, albeit at a slowing pace, illustrating
Slide 4: Renegotiation of financial debt
Press Release Renegotiation of financial debt The financial debt was partially repaid and its terms renegotiated in line with market conditions. The new terms of the private debt are as follows: • Maturity extended from July 2027 to June 2029 for the private debt. • An interest rate reduced to 6% fr
Slide 5: Outlook: Growth of Anti-Piracy revenue starting in fiscal year 2026
Press Release Outlook: Growth of Anti-Piracy revenue starting in fiscal year 2026, combined with Anti-Piracy EBITDA of minimum $3 million In 2026, VERIMATRIX intends to continue developing its subscription offerings by capitalizing on the depth of its installed base and by forming new partnerships t
Slide 6: Appendices: Reconciliation of IFRS results with adjusted results
Press Release APPENDICES Appendix 1 — Supplementary non-IFRS financial information — Reconciliation of IFRS results with adjusted results The non-strictly accounting performance indicators presented in this press release are defined below. These indicators are not aggregates defined by IFRS standard
Slide 7: Appendix 2 — Consolidated financial statements (IFRS)
Press Release Appendix 2 — Consolidated financial statements (IFRS) Consolidated income statement (in millions of dollars) Six months ended June 30 2026 2025 Revenue 21.7 26.5 Cost of sales (7.5) (8.9) Gross profit 14.2 17.7 Research and development costs (5.9) (8.6) Selling and marketing expenses (
Slide 8: Consolidated balance sheet
Press Release Consolidated balance sheet ASSETS December 31, (in millions of dollars) June 30, 2026 2025 Goodwill 48.2 48.2 Intangible assets 3.4 4.2 Property and equipment 2.4 3.0 Other receivables 0.7 0.8 Non-current assets 54.7 56.1 Inventories 0.4 0.4 Trade receivables 16.0 16.7 Other receivable
Slide 9: Cash flow statement
Press Release Cash flow statement June 30, June 30, (in millions of dollars) 2026 2025 Income / (loss) for the period (2.2) (65.0) Non-cash income statement items from continuing activities 2.4 6.1 Elimination of impairment loss / goodwill impairment - 60.0 Changes in working capital from continuing