Slide 1: Nexxen Second Quarter 2025 Earnings Call
Nexxen Second Quarter 2025 Earnings Call August 13, 2025 © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 2: Introduction to Speakers and Safe Harbor Statement
Introduction to Speakers and 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: statem
Slide 3: Strong Q2 performance driven by data and tech licensing revenue growth
Strong Q2 performance driven by data and tech licensing revenue growth Fully integrated tech and data stack, AI innovations and expanding CTV partnerships position Nexxen for long-term growth and AdTech leadership © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 4: Launched nexAI; already releasing an AI-powered DSP assistant
Launched nexAI; already Ongoing AI initiatives releasing an AI-powered and investments to focus DSP assistant, generative on customer-facing AI capabilities within the innovation and internal Nexxen Data Platform and efficiency, supporting the nexAI Discovery Assistant long-term growth and margin ex
Slide 5: Renewed and expanded strategic partnership through 2029
Renewed and expanded strategic partnership through 2029 Nexxen secured exclusive North Increasing investment in VIDAA Focused on scaling North American American ad monetization rights by $35M, as announced in Q3, to revenue, increasing international on VIDAA media and global ACR accelerate their Nor
Slide 6: Continuing to attract top-tier commercial leaders globally
Continuing to attract top-tier commercial leaders from major industry players globally © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 7: Increasing visibility with Wall Street post-trading structure changes
Increasing visibility with Wall Street post- trading structure changes © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 8: Q2 Business Wins
Q2 Business Wins +108 +43 +86 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 9: Growing CTV partnerships and end-to-end capabilities
Growing CTV partnerships, unmatched end-to-end capabilities, strong execution and continued investments in platform innovation position Nexxen to deliver greater long-term value to customers and shareholders © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 10: Q2 2025 Financial Highlights
$87.8 M Contribution ex-TAC (+6% y/o/y) Q2 2025 $85.0 M Programmatic Revenue (+8% y/o/y) Financial $28.4 M CTV Revenue (+1% y/o/y) Highlights Generated record Q2 Contribution ex-TAC, programmatic revenue $29.9 M Adjusted EBITDA (+12% y/o/y) and CTV revenue, alongside increased Adjusted EBITDA 34% Ad
Slide 11: Cash Flow, Liquidity and EPS
Cash Flow, Liquidity and EPS $17.4 M $131.5 M $0.29 Q2 2025 Net Cash from Cash and Cash Equivalents Q2 2025 Non-IFRS Operating Activities as of 06/30/2025 Diluted EPS* $50 Million undrawn and remaining on Nexxen’s revolving credit facility and no long-term debt *Non-IFRS Diluted EPS shown on a post-
Slide 12: Capital Allocation Updates
Capital Allocation Updates • ~3.9M shares repurchased in Q2, an investment of ~$39.1M • Repurchased ~34.3% of shares outstanding from March 1, 2022 through June 30, 2025 • Investing additional $35 million in VIDAA • Considering implementing a new share repurchase program following completion of curr
Slide 13: Reaffirming Full Year 2025 Guidance
Reaffirming Full Year 2025 Guidance ~$380 M ~$125 M 90% FY 2025 Contribution ex-TAC FY 2025 Adjusted EBITDA 2025 Programmatic Revenue as a % of FY 2025 Revenue © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 14: Thank you
Thank you © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 15: Appendix
Appendix © 2025 Nexxen International. All rights reserved. Confidential information of Nexxen.
Slide 16: Reconciliation of Total Comprehensive Income to Adjusted EBITDA
Reconciliation of Total Comprehensive Income (Loss) to Adjusted EBITDA Three months ended June 30 Six months ended June 30 2025 2024 % 2025 2024 % ($ in thousands) Total comprehensive income (loss) 11,256 2,924 285% 13,647 (4,362) 413% Foreign currency translation differences for foreign operation (
Slide 17: Reconciliation of Revenue to Contribution ex-TAC
Reconciliation of Revenue to Contribution ex-TAC Three months ended June 30 Six months ended June 30 2025 2024 % 2025 2024 % ($ in thousands) Revenue 90,948 88,577 3% 169,278 163,009 4% Cost of revenue (exclusive of depreciation and amortization) (12,057) (15,557) (23,256) (30,095) Depreciation and
Slide 18: Reconciliation of Net Income to Non-IFRS Net Income
Reconciliation of Net Income (Loss) to Non-IFRS Net Income Three months ended June 30 Six months ended June 30 2025 2024 % 2025 2024 % ($ in thousands) Net income (loss) 8,666 2,916 197% 10,299 (3,958) 360% Amortization of acquired intangibles 5,912 7,042 11,782 14,099 Delisting related one-time cos