Nexxen International Ltd. · NASDAQ:NEXN

Nexxen International — Q4 2024 Earnings Presentation

21 slides from Nexxen International's earnings presentation, Mar 5, 2025

Slide 2: Introduction to Speakers & Safe Harbor Statement
Introduction to Speakers & Safe Harbor Statement This presentation has been prepared by Nexxen International Ltd. (the "Company" or "Nexxen"). This presentation and the accompanying oral presentation contain forward-looking statements. These statements may relate to, but are not limited to: statemen
Slide 3: Getting "back to basics" fueled records and positioned Nexxen for share gains
Getting “back to basics” fueled quarterly and annual Contribution ex-TAC, programmatic revenue and CTV revenue records and has positioned Nexxen for continued market share gains in 2025 and beyond Simplified Boosted brand Installed key Organic product and Stronger sales messaging recognition talent
Slide 4: Our end-to-end platform benefits customers by enabling enhanced results
Our end-to-end platform benefits customers by enabling enhanced results through access to robust targeting data, cost efficiencies and simplicity, while providing Nexxen a larger TAM and growth opportunity than one-sided platforms DEMAND DATA SUPPLY PLATFORM PLATFORM PLATFORM We generated increased
Slide 5: Integration of Amobee and launch of Nexxen Data Platform
The successful integration of Amobee in 2023 and launch of Nexxen Data Platform in 2024 has propelled Nexxen into a new era of AdTech leadership and differentiation ONBOARDING ENRICHMENT ACTIVATION MEASUREMENT DISCOVERY VIDAA’S GLOBAL ACR DATA CURATED MEDIA CAPABILITIES UNIFIED IDENTITY GRAPH TV INT
Slide 6: CTV fueled strong growth in Q4 and full year 2024
CTV fueled strong growth in Q4 and full year 2024, and the industry is increasingly recognizing Nexxen as a true CTV AdTech leader Nexxen is poised to continue increasing its competitive advantage and market share within CTV through its robust access to premium CTV and live sports inventory and end-
Slide 7: Q4 Business Wins
Q4 Business Wins +112 +18 +73 New actively spending first- New enterprise New supply partners time advertiser customers self-service DSP customers © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 8: Improved Talent Base
Improved Talent Base Successfully attracted and onboarded top talent across our sales, marketing and product teams, positioning Nexxen strongly for future growth and accelerated innovation © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 9: Streamlined to a single U.S. Ordinary Share listing on Nasdaq
Streamlined to a single U.S. Ordinary Share listing on Nasdaq which we believe will increase our U.S. investor footprint and recognition, drive greater liquidity and increase our eligibility for inclusion in select stock indices over time
Slide 10: Increasing Nexxen's AI advantage in 2025
Increasing Nexxen’s AI advantage in 2025 by rolling out Generative AI capabilities focused on simplifying our platform’s usability and enhancing its performance Our end-to-end technology stack, centered around Nexxen Data Platform, enables us to unlock value for our customers through Generative AI i
Slide 11: Nexxen is poised for continued execution, innovation and market share gains
Nexxen is poised for continued execution, innovation and market share gains in 2025 and beyond following years-long investments enhancing our platform, messaging, value proposition, talent base and trading structure © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen
Slide 12: Q4 2024 Financial Highlights
Contribution ex-TAC $105.2 M (+16% y/o/y) Programmatic Revenue $98.7 M (+15% y/o/y) Q4 2024 Financial Highlights CTV Revenue $37.0 M Exceeded the “Rule of 50” (+86% y/o/y) Adjusted EBITDA Generated all-time quarterly Contribution ex-TAC, $44.3 M (+38% y/o/y) programmatic revenue and CTV revenue reco
Slide 13: Expanded Net Cash from Operating Activities, Liquidity and EPS
Expanded Net Cash from Operating Activities, Liquidity and EPS $52.3 M $187.1 M $0.48 Q4 2024 Net Cash from Cash and Cash Equivalents Q4 2024 Non-IFRS Operating Activities as of 12/31/2024 Diluted EPS* $90 Million undrawn and remaining on the Company’s revolving credit facility and no long-term debt
Slide 14: Share Repurchase Program Updates
Share Repurchase Program Updates • Repurchased ~4.5 M Ordinary Shares (~2.25 M Shares on a post-reverse-split basis) in Q4 2024 (~$20.1 M or ~£15.6 M invested) • Repurchased ~37.9 M Ordinary Shares (~19.0 M Shares on a post-reverse-split basis) from March 1, 2022 when we launched a series of repurch
Slide 15: New $50 million Ordinary Share repurchase program
Nexxen’s Board approved the launch of a new $50 million Ordinary Share repurchase program following completion of the currently ongoing program • The new program is expected to begin on the earlier of May 19, 2025 or completion of the currently ongoing program • Nexxen’s Board will continue to evalu
Slide 16: Full Year 2025 Guidance
Full Year 2025 Guidance ~$380 M ~$125 M 90% FY 2025 Contribution ex-TAC FY 2025 Adjusted EBITDA 2025 Programmatic Revenue as a % of FY 2025 Revenue • For full year 2025, we expect our sales and marketing expenses, G&A and depreciation and amortization to reflect roughly the same percentages of Contr
Slide 19: IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC
IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC Three months ended December 31 Twelve months ended December 31 2024 2023 % 2024 2023 % ($ in thousands) Revenue 112,284 95,916 17% 365,477 331,993 10% Cost of revenue (exclusive of depreciation and amortization) (17,068) (17,886) (61,020
Slide 20: Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA
IFRS / Non-IFRS Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA Three months ended December 31 Twelve months ended December 31 2024 2023 % 2024 2023 % ($ in thousands) Total comprehensive income (loss) 23,279 5,341 336% 35,402 (18,127) 295% Foreign currency translation differenc
Slide 21: Reconciliation: Net Income (Loss) to Non-IFRS Net Income
IFRS / Non-IFRS Reconciliation: Net Income (Loss) to Non-IFRS Net Income Three months ended December 31 Twelve months ended December 31 2024 2023 % 2024 2023 % ($ in thousands) Net Income (loss) 24,854 3,227 670% 35,437 )21,487( 265% Acquisition related costs - - - 171 Amortization of acquired intan

Nexxen International — Q4 2024 Earnings Presentation on 6ix

Nexxen International — Q4 2024 Earnings Presentation

Slide 1: Nexxen Fourth Quarter 2024 Earnings Call

Slide 2: Introduction to Speakers & Safe Harbor Statement

Slide 3: Getting "back to basics" fueled records and positioned Nexxen for share gains

Slide 4: Our end-to-end platform benefits customers by enabling enhanced results

Slide 5: Integration of Amobee and launch of Nexxen Data Platform

Slide 6: CTV fueled strong growth in Q4 and full year 2024

Slide 7: Q4 Business Wins

Slide 8: Improved Talent Base

Slide 9: Streamlined to a single U.S. Ordinary Share listing on Nasdaq

Slide 10: Increasing Nexxen's AI advantage in 2025

Slide 11: Nexxen is poised for continued execution, innovation and market share gains

Slide 12: Q4 2024 Financial Highlights

Slide 13: Expanded Net Cash from Operating Activities, Liquidity and EPS

Slide 14: Share Repurchase Program Updates

Slide 15: New $50 million Ordinary Share repurchase program

Slide 16: Full Year 2025 Guidance

Slide 17: Thank you

Slide 18: Appendix

Slide 19: IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC

Slide 20: Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA

Slide 21: Reconciliation: Net Income (Loss) to Non-IFRS Net Income