Slide 1: 2024 Interim Results Presentation
2024 INTERIM RESULTS PRESENTATION September 2024
Slide 2: Executive Management
Executive Management • Founded FADEL in 2003 Tarek Fadel • 29 years of enterprise technology experience • Spent six years at Oracle Founder & CEO • BS degree in Computer Science from the City University of NY and an MBA from Columbia University • Joined FADEL in February 2024 • Previously CFO of Log
Slide 3: The FADEL Platform: Tailored Offering for Market Segments
The FADEL Platform: Tailored Offering for Market Segments Leading developer of highly regarded cloud-based Enterprise Software for IP & Brand Licensing, and Digital Brand Compliance IPM Suite/LicenSee: IP & Brand Licensing Brand Vision: Digital Brand Compliance Enables businesses to protect, manage,
Slide 4: What Problems Do We Solve?
What Problems Do We Solve? Market Drivers Issues Our Customers Face ▪ Complex contracts govern usage rights and determine royalty payments Licensing and copyright infringements ▪ Digital content is multiplying and companies are not equipped to manage the content rights ▪ Inadvertently infringing on
Slide 5: Addressable Market and Competition
Addressable Market and Competition Brand Vision DRM IPM Suite Market Opportunity $4 billion in 2023 to $9.2 billion by 2028 at a CAGR of 18.2% Publishing and Licensing Royalty and Rights Management Providers Service Providers Digital Asset Management (“DAM”) Projected to reach $16 billion by 2026 (2
Slide 6: Operational Progress from new initiatives and product expansion
Operational Progress from new initiatives and product expansion Pipeline traction with Operational progress two new solutions Successful Launch Ongoing Growth of LicenSee with Brand Vision Professional Strategic Sales Services Revenue and Marketing Momentum Expansion Enhanced Revenue Operations Syst
Slide 7: Financials 1H24 Results
Financials 1H24 Results
Slide 8: 1H24 Financial Highlights - Revenue
1H24 Financial Highlights - Revenue License/Subscription and Support revenue 65% of total revenue in 1H24 was License/Subscription and Support revenue (vs. 81% in 1H23): $3.4m • In 2H23 certain IPM customers transitioned to self-hosted Revenue 1H23: $4.3m environments due to GDPR and security compli
Slide 9: 1H24 Financial Highlights - ARR and Customer numbers
1H24 Financial Highlights - ARR and Customer numbers IPM customer count growth* IPM: IPM ARR Growth* • ARR growth due to customer upsells and new signings. 3% 13% to 18 • Customer count increased from 16 to 18 in 1H24, adding Sanoma Dec-23: 16 (IPM Suite) and Ata-Boy (LicenSee ). • No logo churn Bra
Slide 10: 1H24 Financial Highlights - Gross Margin and EBITDA
1H24 Financial Highlights - Gross Margin and EBITDA Gross Margin Gross Margin: 53% • Improved to 53% in 1H24 (vs. 50% in 1H23), reflecting our deliberate efforts to control spending while still meeting all client 1H23: 50% deliverable deadlines. EBITDA loss License/Subscription and Support Gross $(3
Slide 11: 1H24 Financial Highlights - Cash and Balance sheet
1H24 Financial Highlights - Cash and Balance sheet Cash: Receivables**: $2.2m $3.4m • Cash decreased to $2.2m due to ongoing investments in Dec-23: $3.2m Dec-23: $6.0m sales, marketing, and product offerings. • Receivables decreased by $2.6m due to timing of renewals in late 2023. Available Line of
Slide 12: Summary and Outlook
Summary and Outlook Summary and Outlook 1 WIN NEW CUSTOMERS ▪ Since the successful launch of LicenSee, we have won three new customers and built a strong opportunity pipeline. ▪ Continued growth with Brand Vision, featuring AI-based video 2 matching, continues to attract enterprise customers. SELL M
Slide 13: Want to know more?
Want to know more?
Slide 14: Board of Directors
Board of Directors The collective Board has significant experience in high growth technology, growing sales and quoted companies as well as strong industry relations ▪ Over 15 years of accounting expertise ▪ 29 years of enterprise technology experience ▪ Formerly at Ernst & Young servicing Fortune 2
Slide 15: Income Statement
Income Statement Unaudited Unaudited Audited Six months Six months Year ended ended Continuing operations 30 June ended 31 December COMMENTARY: 30 JUNE 2024 VS 30 JUNE 2023 30 June 2023 2024 $ 2023 $ ▪ $5.3m revenue in 1H24, of which 65% was License/Subscription and $ Support a decrease of 21% from
Slide 16: Balance Sheet
Balance Sheet Unaudited Unaudited Audited As at As at As at 30 June 30 June 31 December 2024 2023 2023 Assets $ $ $ Cash and cash equivalents 2,215,802 8,232,350 3,191,458 Account receivable, net 2,116,256 1,032,462 2,308,580 Unbilled work-in-progress 1,292,042 981,581 3,703,895 COMMENTARY: 30 JUNE