Huuuge, Inc. · GPW:HUG
Huuuge — Q1 2025 Earnings Presentation
17 slides from Huuuge's earnings presentation, May 2025
Slide 1: Q1 2025 Presentation
Q1 2025 PRESENTATION MAY 2025
Slide 2: Disclaimer
DISCLAIMER This presentation (“Presentation”) has been prepared by Huuuge, Inc. (the “Company”). By reading the Forward-looking statements include in particular statements regarding the financial performance, Presentation, you agree to be bound by the following limitations. business strategy, plans a
Slide 3: Today's Presenters
TODAY’S PRESENTERS Wojciech Wronowski Maciej Hebda Chief Executive Officer Treasurer, EVP Finance To learn more please visit: https://ir.huuugegames.com/governance
Slide 4: Q1 2025 Highlights
Q1 2025 HIGHLIGHTS $62m Second quarter in a row with sequential revenue growth Revenue -6.8% YoY, +1.0% QoQ Strong Adjusted EBITDA margin maintained in Q1’25 Second quarter in a row with profitability over 40% $25m Adj. EBITDA Revenue stabilization QoQ +15.2% YoY, +1.8% QoQ Q4 releases stabilized rev
Slide 5: Strategic Priorities
STRATEGIC PRIORITIES Priority #1 Priority #2 Priority #3 Priority #4 Stabilize the core business New Market Entry M&A Potential Share Buybacks ● Focus on closing the ● Exploring strategic entry ● Actively evaluating Huuuge recognizes the revenue dynamics gap into the iGaming market, high-impact M&A
Slide 6: Business Update
" Ba BUSINESS UPDATE BD
Slide 7: Q1 2025 Core Franchises
Q1 2025 CORE FRANCHISES ● The YoY revenue increase in Q1 2025 was primarily driven by the introduction ● DAU decreased by 9.7% YoY and increased by 4.4% QoQ of new features to core franchises in late November 2024, including ● ARPDAU increased by 4.3% YoY and decreased by 2.3% QoQ improvements to th
Slide 8: Core Franchises: DTC Channel Growth
CORE FRANCHISES: DTC CHANNEL GROWTH Direct-To-Consumer (Webshop) Revenue as % of Total Revenue ● DTC revenue reached 20% of the total revenue in Q1 2025 and 21.5% in April 2025 ● We continue to invest further in this channel and we expect more long-term upside, with DTC as % of revenue ● Since May,
Slide 9: Financial Update
_ FINANCIAL UPDATE G
Slide 10: Financial Performance
FINANCIAL PERFORMANCE $m Q1 25 Q1 24 YoY Q4 24 QoQ Revenue 62.4 67.0 -6.8% 61.7 1.0% Gross profit/(loss) on sales 46.9 47.9 -2.2% 45.4 3.2% Sales and marketing expenses -11.1 -15.1 -26.5% -10.6 4.9% Research and development expenses -6.0 -5.7 5.2% -5.3 13.3% General and administrative expenses -7.5 -
Slide 11: Cash Flow Statement
CASH FLOW STATEMENT $m Q1 2025 Q1 2024 Pre-tax profit 23.4 20.1 Net Operating CF 22.3 14.4 Net Investing CF 1.1 -2.6 Net Financing CF -1.5 -1.0 Change in cash 21.9 10.8 Cash End of Period 165.0 163.2 Even after returning around $70 million to our shareholders in 2024, we maintain a strong cash balanc
Slide 12: 2025
2025
Slide 13: Market Positioning 2025
MARKET POSITIONING 2025 Guidance for 2025 (% YoY dynamics) KEY HIGHLIGHTS ● Recovery in revenue in Q4 continued throughout Q1 Revenue SLIGHT DECLINE ● Marketing spend (relative to revenue) to remain around levels seen in Q1, with a slight increase in spend possible Marketing spend SIGNIFICANT if per
Slide 14: Thank You
Revenue stabilization QoQ Q4 releases stabilized revenue and set up a strong start for 2025 THANK Strong Adjusted EBITDA margin maintained in Q1’25 Second quarter with profitability over 40% YOU Strategic focus on unlocking long-term growth Potential M&A and sector expansion, incl. iGaming Direct-to-
Slide 15: Financial Data
FINANCIAL DATA Profit & Lose account (USD m) qi23 220 9320 9429 Cie 9224 9424 Revenue 77 69.2 72 713 67.0 a4 17 Costof sales 24 208 20.6 205 194 176 163 Gross profit/(loss) on sales 90.6 48.9 90.6 50.8 479 487 45.4 Sales end marketing expenses. including 10 453 445 151 156 10.6 User acquisition mark
Slide 16: Appendix - KPIs
APPENDIX - KPI'S (users) Fy2017__Fy2018___FY2019_—_FY.2020_ _Fy20z1__—FY2022_—_—FY2023_—_ FY 2024 12020, 022020 gaz0za_ 042023 aiz0z4 22024 gaz024 aa 2024 a1 2005, Total DAU 632113850717 811,048—«947,188—«789831 —«G10489—« 429,787 «374,648 980,224 970,211 416,609 408,100 408509 292.898 59,193 337,09
Slide 17: Appendix - Glossary
APPENDIX - GLOSSARY ARPDAU Average revenue per daily active user. ARPPU Average revenue per paying user. DAU The number of individual users who played a game on a particular day. DPU The number of players (active users) who made a purchase on a given day. EPS Earnings per share Activities aimed at i