OTRA INFORMACIÓN RELEVANTE
AGILE CONTENT, S.A.
Bilbao, 30 de noviembre de 2024
Muy señores nuestros,
En virtud de lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso de mercado y en el artículo 227 de la Ley 6/2023, de 17 de marzo, de los Mercados de Valores y de los Servicios de Inversión, así como en la Circular 3/2020 del segmento BME Growth de BME MTF Equity (en adelante "BME Growth"), ponemos en su conocimiento la siguiente información relativa a AGILE CONTENT S.A. (en adelante "Agile Content" o "la Sociedad"):
Otra Información Relevante
AGILE CONTENT adjunta la presentación de resultados del primer semestre de 2024 del webcast online dirigido a inversores, analistas y personas interesadas realizado en el día de hoy, miércoles 30 de octubre de 2024 a las 13:00h. CET. La presentación y la grabación del mismo también estará disponible en la sección de "Accionistas e Inversores" de la página web de AGILE CONTENT.
De conformidad con lo dispuesto en la Circular 3/2020 de BME Growth, se hace constar que la información comunicada por la presente ha sido elaborada bajo la exclusiva responsabilidad de la Sociedad y sus administradores.
Atentamente,
Koldo Unanue
CEO
AGILE CONTENT S.A.
http://www.agilecontent.com | http://www.agile-tv.es
1H 2024
Results
Presentation
October 30, 2024
- 1H 2024 ResultsPresentation
Disclaimer
The information in this financial performance statement has been prepared by Agile Content and includes financial information taken from the interim financial statements of Agile Content, S.A. and its subsidiaries for the period January-June 2024, audited by EY (Ernst & Young), as well as statements regarding future prospects
The information and statements regarding future prospects for Agile Content are not historical facts but rather are based on a range of assumptions, and are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of Agile Content. Accordingly, shareholders and investors should be aware that such risks could mean the actual results and developments differ materially from those set out, implied or projected in the forward-looking information and forecasts
Save for the financial information referred to herein, neither the information nor the opinions and statements in this document have been verified by independent third parties, and therefore no warranty is expressed or implied as to the fairness, accuracy, completeness or correctness of the information or the opinions and statements expressed
This document does not constitute an offer or an invitation to acquire or take up shares, in accordance with the provisions of Royal Legislative Decree 6/2023, of 17th October, which approves the revised text of the Securities Market and its implementing regulations. Furthermore, this document does not constitute an offer to buy, sell or exchange, or a request for an offer to buy, sell or exchange, any securities, or a request for any vote or approval in any other jurisdiction
The figures for 2024 and 2023 are expressed under IFRS accounting criteria for a better understanding of the information offered
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- 1H 2024 ResultsPresentation
Index
- 1H 2024 Results Highlights
- 1H 2024 Financial Highlights
- Segment evolution: Technologies, Platform and Devices
- Cash Flow Performance
- Guidance monitoring compliance
- New MasOrange agreement
- Increase of the global footprint of Agile Content
- Closing remarks
- Q&A
- Appendices
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- 1H 2024 ResultsPresentation
1H 2024 Results Highlights
Drop in revenue and EBITDA mainly due to postponed devices orders to 2H 2024 and discontinued activities in traditional advertising.
Important commercial movements to strengthen Agile's core business: new agreement with MasOrange and sale of Agile Live technology to Ateliere.
1H results non benefited by the international expansion that will begin operations at the end of this year: Italy and Nordiccountries.
Improve Agile Content recurring revenue percentage to 84.7%.
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- 1H 2024 ResultsPresentation
1H 2024 Financial Highlights
Revenues | EBITDA | NFD2 | NFD/EBITDA LTM | OFCF3 |
€46.6M | €5.4M | €24.1M | 1.9x | €1.3M |
Var. 1H 2023: (8.8)% | Var. 1H 2023: (18.3)% | Var. 31/12/2023: 3.9% | Vs. 31/12/2023: (0.3x) | Var. 1H 2023: (61.4)% |
€18.8M Ex. Earn-Outs1 | 1.5x Ex. Earn-Outs1 |
- Part of the debt derived from the acquisition of companies, and which can be paid in shares without cash payment.
- Net Financial Debt.
- Operating Free Cash Flow.
- 1H 2024 ResultsPresentation
Segment evolution: Technologies, Platform and Devices Revenues
Agile TV Technologies | Agile TV Platform | Agile Devices |
€9.7M | €31.6M | €32.8M | €9.8M |
€7.8M | €6.0M | ||
Jan-Jun 2023 | Jan-Jun 2024 | Jan-Jun 2023 | Jan-Jun 2024 | Jan-Jun 2023 | Jan-Jun 2024 |
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- 1H 2024 ResultsPresentation
Cash Flow performance
Net improvement of financial management indicators compared to 1H 2023
Cash generation allows to fulfill financial commitments without incurring in more debt.
CASH FLOW 1H 2024
Figures expressed in thousand euros
8,198.07
14,614.84
(7,735.86)
(1,490.90)
13,514.18
(72.77)
Cash or cash equivalents at
beginning of period
Consolidated cash flow from
operating activities
Consolidated cash flow from
investing activities
Consolidated cash flow from
financing activities
Effect of exchange rate
variations
Cash or cash equivalents at
end of period
- 1H 2024 ResultsPresentation
2024 Guidance Commitment maintained
3Q 2024 to boost results and approaching guidance commitments.
(million euro)
Net Revenues EBITDA Operating Free Cash Flow Unaudited data not subject to limited review
Q3 2024 | Q2 2024 | Q1 2024 | Evol. | Evol. | |||||||||
Q3 vs Q2 | Q2 vs Q1 | ||||||||||||
17.4 | 14.0 | 13.2 | 24.1% | 5.6% | |||||||||
4.1 | 3.7 | 1.7 | |||||||||||
10.4% | 117.1% | ||||||||||||
2.8 | 1.4 | (0.1) | 106.3% | 1,671.0% | |||||||||
(million euro) | 2024E | Var 2023/2024E | Jan-Jun 2024 | % Compliance |
Net Revenues | 64-66 | +0% / +4% | 27.2 | 42.5% |
EBITDA | 14.5-16.2 | +3% / +15% | 5.4 | 37.1% |
Operating Free Cash Flow | 7.3-8.2 | +4% / +17% | 1.3 | 17.5% |
Estimated range of growth compared to 2023 made for 2024 considering only organic growth and in caeterīs pāribus conditions, maintaining a similar level of capitalization of R&D expenses, constant exchange rates and the same tax regulation as at the date of publication of this information and without considering other unforeseeable or extraordinary circumstances at the date of issue of this publication that could affect the projection.
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- 1H 2024 ResultsPresentation
MasOrange and Agile Content renew their collaboration
agreement for the benefit of their customers
Agile Content continues to provide the Agile TV Platform service to MasOrange. MasOrange will incorporate new Agile Content technologies, products and managed services into its network.
Agile Content considered by MasOrange as a provider of technological excellence in its audiovisual business.
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