Alter Ego Media S.a. · ATHEX:AEM
Alter Ego Media — FY2025 Earnings Presentation
23 slides from Alter Ego Media's earnings presentation, May 2026
Slide 1: FY 2025 Financial Results Presentation
FY 2025 FINANCIAL RESULTS PRESENTATION ALTER EGO MEDIA May 2026
Slide 2: Table of Contents
Table of Contents 01 02 Executive Summary FY 2025 Analysis 3 7 03 The Next Growth Cycle Appendix 18 12 2
Slide 3: Section 1: Executive Summary
Section 1 Executive Summary @ ALTER @® EGO qa MEDIA
Slide 4: FY 2025 highlights
FY 2025 highlights A year of strong organic performance and strategic transformation Revenue growth across all segments - Turnover increase to €140.1m (+12.6% yoy) +15% yoy growth in EBITDA , +70.9% in Operating profit (EBIT) and +80.8% in Net Profit Successfully completed the IPO on the Euronext At
Slide 5: Key Investment Highlights
Key Investment Highlights Leading and diversified media & entertainment group 1 • Operations across publishing, broadcasting, content creation and live entertainment offering unique reach, influence, proprietary data and multi-platform monetization potential • Diversified Portfolio of 20+ brands in
Slide 6: Alter Ego Media Strategy
Alter Ego Media Strategy Transforming Alter Ego Media into a diversified Media & Entertainment platform, leveraging content, audiences, data and strategic acquisitions to drive scalable growth and multiple monetization streams. Publishing Broadcasting Content Creation Live Entertainment Alter Ego Ve
Slide 7: Section 2: FY 2025 Analysis
Section 2 FY 2025 Analysis @ ALTER @® EGO qa MEDIA
Slide 8: Key Group P&L items
Key Group P&L items Revenue (€m) EBITDA (€m) YoY : 15.0% YoY: 12.6% 53.7 46.7 140.1 124.4 2024 2025 2024 2025 37.6% 38.3% EBIT (€m) Net Income (€m) YoY : 70.9% YoY : 80.8% 19.7 29.2 17.1 10.9 2024 2025 2024 2025 13.7% 20.8% 8.7% 14.1% XX% indicates margin 8
Slide 9: Business Segments
Business Segments Broadcasting (TV & Radio) Publishing & Activities (Print & Digital) Content Creation Amounts in €mn FY2025 vs. FY2024 Δ% Amounts in €mn FY2025 vs. FY2024 Δ% Revenue 90.5 85.9 + 5.3% Revenue 48.3 38.4 + 25.6% EBITDA 38.4 35.7 + 7.6% EBITDA 15.1 11.0 + 38.1% EBITDA margin 42.4% 41.5%
Slide 10: Key Group Capital Structure Items
Key Group Capital Structure Items Total Equity (€m) Net Debt (€m) 1 145.7 (5.4) (43.7) 71.3 2024 2025 2024 2025 Additions of Intangible (€m) Amortization of Intangible Assets (€m) 29.7 25.7 20.5 26.1 2024 2025 2024 2025 1. Excluding leasing obligations 10
Slide 11: Shareholders Returns and Capital Allocation
Shareholders Returns and Capital Allocation • Total shareholder distribution of €0.12 per share, analyzed as: - Dividend distribution of €0.03 per share totaling €1.75m before withholding tax - Capital return of €0.09 per share, totaling €5.26m • Ex-dividend date: June 29, 2026 • Ex-capital return d
Slide 12: Section 3: Alter Ego Media Next Cycle of Growth
Section 3 Alter Ego Media Next Cycle of Growth
Slide 13: Post IPO Investment Plan
Post IPO Investment Plan Used proceeds (€) Τhe Company successfully completed its IPO on the Εuronext Athens, raising net proceeds of €50.8m I. Acquisitions • Acquisition of digital publishing group Newsit & TLife • Investment in venue management & production company Stages Network 39.5m • Acquisiti
Slide 14: Live Entertainment Platform: Acquisition of More.gr
Live Entertainment Platform: Acquisition of More.gr Transaction Overview • Acquisition of a 50.1% stake in MORE.GR, the leading digital ticketing platform in Greece and Cyprus • Platform with 1.85m registered users, 3.8m monthly visitors, 7.0m tickets sold annually, 27k events per year and Gross Tra
Slide 15: Strategic Expansion in Streaming: Participation in Ant1+
Strategic Expansion in Streaming: Participation in Ant1+ Transaction Overview • JV with Antenna Group (owner of Ant1 FTA channel) and Motor Oil Group (co-owner of Alpha TV FTA Channel) • Acquisition of 33.3% stake in ANTENNA GREECE SUPORT S.A., a company responsible for the operation of Ant1+ • Plat
Slide 16: Value Drivers 2026-2028
Value Drivers 2026-2028 • Integration of recent acquisitions (Newsit/ Tlife, Stages Network, more.gr) driving revenue growth scale and earnings expansion • Operational leverage and cost optimization, supporting margin expansion as revenues grow • Content monetization across multiple platforms, enhan
Slide 17: 2026 Outlook
2026 Outlook Growth driven by core business momentum and recent strategic acquisitions: • First full-year contribution from Newsit / Tlife and Stages Network and 10-month contribution from More.gr • Revenue Growth above 20% • EBITDA growth above 25% alongside further EBIT and net profit margin expan
Slide 18: Appendix
APPENDIX @ ALTER @® EGO qa MEDIA
Slide 19: Key Market and Trading Information
Key Market and Trading Information Stock Data Corporate News Share Capital €58,492,542 05.03.26 Alter Ego Media announced the acquisition of a 50.1% Shares Outstanding 58,492,542 stake in More.gr ISIN GRS541003000 30.10.25 Alter Ego Media acquires a 40% stake in Stages Network for €4 million (plus u
Slide 20: Key Financials | Income Statement
Key Financials│ Income Statement In € ‘000 2022 2023 2024 2025 Revenue 99,994 108,372 124,366 140,077 Cost of Sales (78,164) (81,080) (90,005) (89,691) Gross Profit 21,830 27,292 34,361 50,385 Other Income 7,153 3,112 4,690 1,056 Administrative Expenses (17,696) (16,138) (15,843) (16,111) Distributi
Slide 21: Key Financials | Statement of Financial Position
Key Financials │ Statement of Financial Posi on In € ‘000 2022 2023 2024 2025 PPE 9,985 16,449 20,030 23,770 Intangible Assets 67,131 67,184 71,092 110,060 Investments in Associates 1,360 1,519 1,550 1,664 Other Equity Instruments - - - 1,610 Deferred Tax Asset 5,105 6,526 5,030 2,175 Non-current Re
Slide 22: Key Financials | Cash Flow Statement
Key Financials│ Cash Flow Statement In € ‘000 2022 2023 2024 2025 Profit/(Loss) before taxes 818 4,146 12,910 26,581 Depreciation of Tangible Assets 3,268 3,510 3,940 4,104 Amortization of Intangible Assets 21,599 22,325 25,715 20,452 (Profit)/Loss from Disposal of Tangible Assets (91) 7 12 (7) Shar
Slide 23: Disclaimer
Disclaimer This presentation pertaining to Alter Ego Media its financial performance, business assets, strategy and operations is solely for informational purposes. This information is summarized and is not complete. References to the “Company”, or to “Alter Ego Media” should be read and construed t