Azerion Group N.v · EURONEXT:AZRN
Azerion — Shareholder Meeting (June 2024)
15 slides from Azerion's shareholder meeting presentation, Jun 20, 2024
Slide 1: Annual General Meeting
Annual General Meeting Azerion Group N.V. 20 June 2024
Slide 2: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 9. Authorization for the Management Board to issue shares and to restrict or exclude pre-emptive rights (voting item) 2. Report of the financial year 2023 (discussion item) a. Issue shares connected to long-term incentive plans (voting it
Slide 3: Executive Committee
Annual General Meeting – Azerion Group N.V. Executive Committee Umut Akpinar Co-Founder and Chief Executive Officer Gönenç Seçil Tarakcıoğlu Ben Davey Chief People Officer (CPO) Chief Financial Officer (CFO) Julie Duong Ferat Sebastiaan Moesman Vice-President Finance Joost Merks Chief Strategy Offic
Slide 4: Supervisory Board and Management Board
Annual General Meeting – Azerion Group N.V. Supervisory Board and Management Board Supervisory Board Management Board Wim de Pundert Katrin Brökelmann Chris Figee Umut Akpinar Non-independ Member and Chair of the Member of the Supervisory Board Member of the Supervisory Board Co-Founder and Chief Ex
Slide 5: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 9. Authorization for the Management Board to issue shares and to restrict or exclude pre-emptive rights (voting item) 2. Report of the financial year 2023 (discussion item) a. Issue shares connected to long-term incentive plans (voting it
Slide 6: Significant progress in delivering our strategy in 2023
Annual General Meeting – Azerion Group N.V. Significant progress in delivering our strategy in 2023 • Strong revenue growth - full year revenue of €515 million, up ~14% YoY Full Year 2023 • Improved profitability - full year Adjusted Ebitda of ~€72 million, up ~38% YoY • Increased revenue from digit
Slide 7: FY 2023: Strong Full Year performance driven by Platform growth and improved efficiency
Annual General Meeting – Azerion Group N.V. FY 2023: Strong Full Year performance driven by Platform growth and improved efficiency €515m ~14% Net revenue vs FY 2022 FY 2023 €72m ~38% Adj. EBITDA FY vs FY 2022 2023 7
Slide 8: Platform – Scale and integration synergies delivering strong growth in Revenue and Adjusted EBITDA
Annual General Meeting – Azerion Group N.V. Platform – Scale and integration synergies delivering strong growth in Revenue and Adjusted EBITDA Revenue overview Direct sales €437m +20% 10% 20% Net revenue vs FY 2022 70% FY 2023 90% 80% 30% Automated auction sales +€53m +53% Platform Premium Games Adj
Slide 9: Platform – Hawk integration benefitting from scale and efficiencies
Annual General Meeting – Azerion Group N.V. Platform – Hawk integration benefitting from scale and efficiencies from operating within Azerion's Platform ~58% €16.4m Additional ad formats to Azerion clients Geographic expansion New advertiser clients €10.4m Q1 2023 Revenue Q1 2024 Revenue 9
Slide 10: Premium Games – Strong Adjusted EBITDA growth due to cost optimisation across the segment
Annual General Meeting – Azerion Group N.V. Premium Games – Strong Adjusted EBITDA growth due to cost optimisation across the segment Reported 2023 Annual Results Pro Forma Annual 2023 Results (excluding divested social card games portfolio) €78m -12% €49m -5.6% Net revenue vs FY 2022 Net revenue vs
Slide 11: FY 2023: Ongoing cost optimisation and efficiency programmes driving improved productivity
Annual General Meeting – Azerion Group N.V. FY 2023: Ongoing cost optimisation and efficiency programmes driving improved productivity Revenue per FTE evolution Selected Highlights (as compared to 1 Jan 2023) Revenue per FTE '000 FTEs 180 1,900 160 155 1,800 Legal Entities -25 140 1,700 120 1,600 96
Slide 12: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 9. Authorization for the Management Board to issue shares and to restrict or exclude pre-emptive rights (voting item) 2. Report of the financial year 2023 (discussion item) a. Issue shares connected to long-term incentive plans (voting it
Slide 13: Audit: unqualified opinion on the 2023 Financial Statements
We issued an unqualified opinion with regard to the 2023 Financial Statements. • Materiality of € 5.2 million, based on total revenues. • Coverage of our audit procedures: - 81% of consolidated revenue Materiality Audit scope • Site visits were conducted to 5 components in France, Germany, the UK an
Slide 14: Agenda
Annual General Meeting – Azerion Group N.V. Agenda 1. Opening 9. Authorization for the Management Board to issue shares and to restrict or exclude pre-emptive rights (voting item) 2. Report of the financial year 2023 (discussion item) a. Issue shares connected to long-term incentive plans (voting it
Slide 15: Close
Close