Azerion Group N.v · EURONEXT:AZRN
Azerion — Q3 2025 Earnings Presentation
20 slides from Azerion's earnings presentation, Nov 18, 2025
Slide 1: Q3 and YTD 2025 Interim financial results presentation
Q3 and YTD 2025 Interim financial results presentation 18 November 2025
Slide 2: Disclaimer
Disclaimer The following disclaimer applies to this document, any oral or video presentation of the information in this document by Azerion Group N.V. (“Azerion Group”) or any person on behalf of Azerion Group and any question-and-answer session that follows the oral or video presentation (collectiv
Slide 3: Forward-looking statement
Forward-looking statement The Information includes statements, including Azerion Group's financial and operational objectives that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements may be identified by the use of forward-looking terminology, including the te
Slide 4: Q3 2025 Key strategic achievements
Q3 2025 Key strategic achievements Strategic Focus Financial Stability Shaping the Future Divested Whow Games to remove Refinanced bonds and reduced Investing capital into AI & MultiCloud complexity nominal debt by €40m infrastructure 100% Focus on Platform Significant Debt Reduction Efficiency & Gr
Slide 5: Q3 and YTD 2025 Strategy Update
Q3 and YTD 2025 Strategy Update
Slide 6: From Premium Games to Multi-Cloud & A.I.
From Premium Games to Multi-Cloud & A.I.
Slide 7: MC&AI - Infrastructure for digital businesses
MC&AI - Infrastructure for digital businesses One interface Simple instructions Extreme volumes Many vendors Complicated architecture Reliable output Zero dependency Maximum efficiency No worries 500.000 Auctions/second 30.000.000.000 Datapoints/minute
Slide 8: Using MultiCloud in our daily business
Using MultiCloud in our daily business We run over 500.000 auctions every second, generating over 30.000.000.000 datapoints a minute. Processing these auctions and then delivering the (video) ads requires immense infrastructure. Global cloud providers offer this infrastructure but they are not flawl
Slide 9: Using AI in our daily business
Using AI in our daily business Our sales teams offer both advice on Our SSP product has thousands of Emails in every department asking media campaigns and the publishing customers running questions about invoices, operational teams to execute them. hundreds of thousands of domains campaigns, product
Slide 10: But we also help our partners to scale and improve
But we also help our partners to scale and improve Refine Smartlify Adinmo Whow Gembly PubX flightradar HK Thunder Nimbus Artemis Lidion Jobster BlueBillywig Apex Hitta Digital Audience Eniro Woozworld
Slide 11: It's another consolidation play
It’s another consolidation play
Slide 12: All that effort generates also new possibilities
Slide showing our platform doing its SME magic Azerion for SME business All that effort generates also new possibilities Easy. Fast. Powerful.
Slide 13: MultiCloud & AI - driving Growth & Efficiency
MultiCloud & AI - driving Growth & Efficiency • Smoother processes, products & optimization means higher margins & EBITDA from a more efficient business while at the same time increasing service quality and campaign performance • More partners using our platform to build their business grows our foo
Slide 14: Q3 and YTD 2025 Financial Highlights
Q3 and YTD 2025 Financial Highlights
Slide 15: Strategic Milestone - Successful Divestment of Whow Games
Strategic Milestone - Successful Divestment of Whow Games Transaction • The Asset: Sale of subsidiary Whow Games, representing the lion’s share of the Premium Games segment. • The Buyer: DoubleDown Interactive, part of South Korea-based DoubleUGames. • Completed on 14 July 2025 (Announced 30 June) D
Slide 16: Financial positioning - Bond refinancing
Financial positioning - Bond refinancing Successful Bond Refinancing Azerion major refinancing is completed, reducing nominal debt by €40 million and extending maturity profile. • New Issuance: Successful placement of a new four-year, € 225 million senior secured bond. • Strategic Framework: Issued
Slide 17: Azerion Continuing Operations results
Azerion Continuing Operations results REVENUE Adj. EBITDA EBITDA Q3 2025 Q3 2025 Q3 2025 ~€120M ~€14M ~€7M YoY +8% YoY +13% YoY -3% REVENUE Adj. EBITDA EBITDA YTD 2025 YTD 2025 YTD 2025 ~€371M ~€38M ~€24M YoY +8% YoY +14% YoY +90%
Slide 18: Operating performance efficiency gains
Operating performance efficiency gains 180 167 2,450 160 152 147 2,250 143 135 140 129 126 2,050 117 120 1,850 100 96 100 93 1,650 76 78 80 73 74 1,450 60 1,250 40 1,050 20 850 - 650 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 20
Slide 19: Outlook and Business update
Outlook and Business update FY 2025 and Medium-Term Guidance €m 545 - 595 Our advertising business remains strong and focused, 497 delivering top-line growth and increasing profitability. 437 364 For the continuing operations, we maintain our guidance for the full year 2025 minus the expected full y
Slide 20: Q&A
Q&A