Nexxen International Ltd. · NASDAQ:NEXN
Nexxen International — Q1 2025 Earnings Presentation
20 slides from Nexxen International's earnings presentation, May 14, 2025
Slide 1: Nexxen First Quarter 2025 Earnings Call
Nexxen First Quarter 2025 Earnings Call May 14, 2025 © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
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: Nexxen's Momentum from 2024 Carried into Q1
Nexxen’s Momentum from 2024 Carried into Q1 Continued CTV Increased Data Advanced tech Record Q1 results fueled by strength platform and leadership and and data CTV, and leadership position brand recognition differentiation interconnectivity to be extended through nexAI © 2025 Nexxen International.
Slide 4: nexAI Launch Marks Transformational Step Forward for Nexxen
nexAI Launch Marks Transformational Step Forward for Nexxen Vertically integrating across our platform, enhancing every stage of the advertising journey DEMAND DATA SUPPLY PLATFORM PLATFORM PLATFORM Released nexAI DSP assistant; with Releasing AI assistant dozens of clients already gaining access Re
Slide 5: End-to-End Platform Generating Greater Adoption — Fueling Growth and Margin Expansion
End-to-End Platform Generating Greater Adoption — Fueling Growth and Margin Expansion DEMAND DATA SUPPLY PLATFORM PLATFORM PLATFORM ONBOARDING ENRICHMENT ACTIVATION MEASUREMENT Nexxen’s platform delivers strong value in all market conditions through its ability to support data onboarding, planning,
Slide 6: CTV Revenue Strength Continued in Q1 with Significant Long-Term Growth Opportunity Ahead
CTV Revenue Strength Continued in Q1 with Significant Long-Term Growth Opportunity Ahead © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 7: Nexxen Data Platform is a Key Competitive Advantage — Driving New and Expanded Partnerships
Nexxen Data Platform is a Key Competitive Advantage — Driving New and Expanded Partnerships While others race to CREATE AUDIENCES, UNLOCK INSIGHTS, ENRICH DATA AND MAXIMIZE REACH acquire or build what we already offer, Nexxen is delivering at scale UNIFIED GRAPH 3P TV INTELLIGENCE DISCOVERY CONTEXTU
Slide 8: Strong Performance and Brand Momentum Attracting Top-Tier Talent
Strong Performance and Brand Momentum Attracting Top-Tier Talent Strengthening mid-level management team to support growth and innovation Bolstering U.S. sales team and hiring sales leaders in Europe to accelerate growth opportunities, particularly within CTV © 2025 Nexxen International. All rights
Slide 9: Q1 Business Wins
Q1 Business Wins +101 +15 +63 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 10: Improved Nexxen's Recognition in the Capital Markets
Streamlined U.S. Listing has Improved Nexxen’s Recognition in the Capital Markets Boosted trading volume Increased investor interest Significant increase in sell side coverage Eligible for inclusion in select stock indices
Slide 11: Comprehensive platform, proprietary data, embedded AI create a durable advantage
Nexxen’s comprehensive platform, proprietary data, embedded AI, and strategic partnerships create a durable advantage — positioning us to deliver long-term value and further our leadership through continued innovation © 2025 Nexxen International. All rights reserved. Confidential information of Nexx
Slide 12: Q1 2025 Financial Highlights
Contribution ex-TAC $75.0 M (+8% y/o/y) Programmatic Revenue $71.8 M (+10% y/o/y) Q1 2025 CTV Revenue $26.4 M (+40% y/o/y) Financial $23.1 M Adjusted EBITDA (+95% y/o/y) Highlights Adjusted EBITDA Margin* 31% (vs. 17% in Q1 2024) Video Revenue as a % of 75% Programmatic Revenue (vs. 66% in Q1 2024)
Slide 13: Strong Cash Flow, EPS and Cash Position
Strong Cash Flow, EPS and Cash Position $19.3 M $164.7 M $0.16 Q1 2025 Net Cash from Cash and Cash Equivalents Q1 2025 Non-IFRS Operating Activities as of 03/31/2025 Diluted EPS* $90 Million undrawn and remaining on the Company’s revolving credit facility and no long-term debt *Non-IFRS Diluted EPS
Slide 14: Repurchased ~3.7 M Ordinary Shares in Q1 2025
Repurchased ~3.7 M Ordinary Shares in Q1 2025 – Investing ~$32.9 M ~29.2% of s/o repurchased from 03/01/2022 – 03/31/2025 Completed $50 million Ordinary Share repurchase program and launched a new $50 million program in April 2025 © 2025 Nexxen International. All rights reserved. Confidential inform
Slide 15: Reaffirming Full Year 2025 Guidance
Reaffirming Full Year 2025 Guidance ~$380 M ~$125 M 90% FY 2025 Contribution ex-TAC FY 2025 Adjusted EBITDA 2025 Programmatic Revenue as a % of FY 2025 Revenue © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 16: Thank you
Thank you © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 17: Appendix
Appendix © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 18: IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC
IFRS / Non-IFRS Reconciliation: Revenue to Contribution ex-TAC Three months ended March 31 2025 2024 % ($ in thousands) Revenue 78,330 74,432 5% Cost of revenue (exclusive of depreciation and amortization) (11,199) (14,538) Depreciation and amortization attributable to cost of revenue (12,294) (11,7
Slide 19: IFRS / Non-IFRS Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA
IFRS / Non-IFRS Reconciliation: Total Comprehensive Income (Loss) to Adjusted EBITDA Three months ended March 31 2025 2024 % ($ in thousands) Total comprehensive income (loss) 2,391 (7,286) 133% Foreign currency translation differences for foreign operation (758) 412 Tax expenses (benefit) 2,876 (22
Slide 20: IFRS / Non-IFRS Reconciliation: Net Income (Loss) to Non-IFRS Net Income
IFRS / Non-IFRS Reconciliation: Net Income (Loss) to Non-IFRS Net Income Three months ended March 31 2025 2024 % ($ in thousands) Net income (loss) 1,633 )6,874) 124% Amortization of acquired intangibles 5,870 7,057 Delisting related one-time costs 1,520 - Stock-based compensation expenses 2,900 2,6