Financial Data and Key Metrics Changes - Total revenue for the full year 2024 was $16.7 million, representing a 267% annual growth compared to 2023's standalone revenue of $4.6 million [6][38] - Annual recurring revenue (ARR) for Q4 2024 was $6.8 million, reflecting a 54% annualized growth rate compared to Q3 2024 [12][36] - Full year 2024 adjusted EBITDA was negative $6.5 million, an improvement from negative $11.9 million in 2023 [13][38] - Net loss for Q4 2024 was $7.8 million, compared to a net loss of $6.4 million in Q4 2023 [37] Business Line Data and Key Metrics Changes - The Videlo subsidiary generated $6.1 million in revenue and $1.5 million in net income in 2024 [20] - OpenReel delivered $6.3 million in revenue and $0.1 million in net income in 2024 [21] - The consolidated video business unit, including Videlo and OpenReel, had pro forma revenues of $16.7 million in 2024, marking a 267% growth compared to Bonsai's standalone revenue in 2023 [18] Market Data and Key Metrics Changes - Bonsai's customer base grew from 2,700 customers at the end of 2023 to over 90,000 as of March 31, 2025 [14][27] - The company serves a variety of industries, including healthcare, financial services, e-commerce, technology, and media in over 90 countries [28] Company Strategy and Development Direction - The company is focused on building an AI-powered marketing platform and consolidating mission-critical MarTech products [16][29] - The growth strategy includes a "land and expand" model, targeting a 10% cross-sell rate per business unit in 2025 [30][31] - The company aims to integrate newly acquired products to enhance customer experience and drive upsell opportunities [48][52] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about achieving pro forma revenue of nearly $20 million in 2025, reflecting a 19% increase from 2024 [42] - The company has minimal exposure to geopolitical and tariff risks, positioning it well for substantial revenue growth in 2025 [43][106] - Management highlighted the importance of operational efficiency and customer relationships in achieving profitability [100][102] Other Important Information - The company completed a $20.3 million debt repayment, which is expected to benefit net income and shareholders' equity in 2025 [7][12] - The acquisition of Acton Software is projected to increase revenue by $27 million for the full year 2025 on a pro forma basis [14][24] Q&A Session Summary Question: What are your top strategic priorities for 2025? - The primary focus is on integrating products to work seamlessly together, enhancing customer experience and enabling upsell opportunities [48][52] Question: When will Q1 2025 results be released? - Q1 results are expected to be out on May 15, 2025 [53] Question: How is the integration with new acquisitions going? - Integration is progressing well, with cross-sales already occurring among products [70] Question: What is the market traction for Reach 2.0%? - Market traction has been good, with larger customers showing interest and existing customers cross-selling [61] Question: How has the company been impacted by tariffs? - The company has minimal exposure to tariffs, and they may even create a positive tailwind by driving demand for efficiency in marketing [106]

Exhibit 99.1 Banzai Reports Fourth Quarter and Full Year 2024 Financial Results Revenue of $16.7 Million on a Consolidated, Pro-forma Basis for the Twelve Months Ending December 31, 2024, Representing 267% Annual Growth; Exceeded Guidance of $10 Million by 67% Q4 2024 Adjusted Net Loss Improved by $7.8 Million from ($9.2) Million in Q4 2023 to ($1.4) Million, Bringing the Company Closer to Profitability Management to Host Fourth Quarter and Full Year 2024 Results Conference Call Today, Tuesday, April 15, 20 ...

Share Issuance and Stock Structure - The company may issue up to 10,000,000 additional shares under the 2023 Equity Incentive Plan, with 6,943,442 unissued shares authorized as of April 10, 2025[195]. - The company entered into a SEPA with Yorkville to purchase up to $100 million of Common Stock, with conditions including the absence of outstanding amounts on Yorkville Promissory Notes[200]. - As of the date of the report, the company issued 6,096,797 shares of Common Stock to Yorkville under a registration statement effective on September 26, 2024[204]. - The company has filed a registration statement to register 25 million shares of Common Stock for resale by Yorkville under the SEPA[204]. - The company has a dual class structure that may affect the market price of Class A Common Stock and could lead to exclusion from certain indices[206]. - The company is classified as a "controlled company," allowing it to opt out of certain corporate governance requirements, which may affect investor attractiveness[207]. Market Price and Shareholder Impact - The market price of the company's Common Stock is currently below $10.00 per share, which was the price per unit sold in the IPO[199]. - The resale of a substantial number of shares could adversely affect the market price of Common Stock, particularly if large shareholders sell their holdings[198]. - The company has the right to control the timing and amount of any sales of shares of Common Stock to Yorkville under the SEPA, depending on market conditions[201]. Warrants and Redemption - The company has outstanding warrants to purchase a total of 3,000,000 shares of Class A Common Stock at various exercise prices ranging from $1.83 to $575.00 per share[214]. - The Public Warrants can be redeemed at a price of $0.01 per warrant if the Class A Common Stock price exceeds $18.00 per share for a specified trading period[218]. - The GEM Warrant is not redeemable and can be exercised on a cash or cashless basis, potentially resulting in no cash proceeds for the company[215]. - The company may amend the terms of the Public Warrants with the approval of at least 50% of the holders, which could adversely affect the holders[216]. - The company has the ability to redeem unexpired Public Warrants at any time after they become exercisable, which may disadvantage warrant holders[218]. - The exercise of the warrants is highly dependent on the market price of the Class A Common Stock relative to the exercise prices[214]. - The company has no obligation to notify holders of the Public Warrants about their eligibility for redemption, but must provide a 30-day notice if redemption is decided[219]. - The company has outstanding warrants that may expire worthless if not exercised, depending on market conditions[214]. - The exercise prices of the warrants range from $1.83 to $575.00, with significant variations in the number of shares purchasable[214]. Regulatory and Legal Considerations - The exclusive forum clause in the Warrant Agreement may limit investors' rights to bring legal action, potentially affecting the company's legal exposure[209]. - The company is classified as a smaller reporting company, and thus certain market risk disclosures are not applicable[444].

SEATTLE, April 08, 2025 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ:BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, today announced that Joe Davy, Founder & CEO, and Alvin Yip, CFO, will present at the Emerging Growth Conference on April 17, 2025. Emerging Growth Conference Details: Date:Thursday, April 17, 2025Time:1:45 p.m. Eastern Time (10:45 a.m. Pacific Time)Webcast Registration:https://goto.webcasts.com/starthe ...

Fully Satisfies Outstanding Debt Obligations to Key Vendors and Delivers Material Benefit to Net Income and Shareholders' Equity SEATTLE, April 07, 2025 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ:BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, today announced that it has paid off approximately $20.3 million of outstanding debt obligations in total through the first quarter of 2025. The Company completed the debt rep ...

Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as "believe," "may," "will," "estimate," "target," "continue," "anticipate," "intend," "expect," "should," "would," "propose," "plan," "project," "forecast," "predict," "potential," "seek," "future," "outlook," and similar variations and expressions. Forward-looking statements are those that do not relate ...

Core Insights - Banzai International, Inc. reported preliminary unaudited revenue of $17.5 million for the year ended December 31, 2024, exceeding guidance by 75% and representing a 285% increase year-over-year [2][3][4] Revenue Results - The preliminary unaudited revenue of $17.5 million includes full-year revenue from the recently closed acquisitions of Vidello and OpenReel, contributing significantly to the overall growth [3][7] - The revenue growth was primarily driven by strong organic growth and contributions from the Vidello and OpenReel acquisitions, which added approximately $13 million in revenues [7][8] Stockholders' Equity Improvement - As of February 28, 2025, Banzai's total stockholders' equity increased by approximately $22.3 million, improving from a deficit of $22.8 million on September 30, 2024, to approximately ($0.5) million [5][8] Acquisition Progress - The company is making progress toward closing the acquisition of Act-On Software, Inc., with a definitive agreement announced on January 23, 2025 [6]

Core Insights - Banzai International, Inc. reported preliminary unaudited revenue of $17.5 million for the year ended December 31, 2024, exceeding guidance by 75% and representing a 285% increase year-over-year [2][3][4] Revenue Results - The preliminary unaudited revenue of $17.5 million includes full-year revenue from the recently closed acquisitions of Vidello and OpenReel, contributing significantly to the overall growth [3][7] - The revenue growth was primarily driven by strong organic growth and contributions from the Vidello and OpenReel acquisitions, which added approximately $13 million in revenues [7][8] Stockholders' Equity Improvement - Banzai's stockholders' equity increased by approximately $22.3 million from a deficit of $22.8 million on September 30, 2024, to approximately ($0.5) million as of February 28, 2025 [5][8] Acquisition Progress - The company is making progress toward closing the acquisition of Act-On Software, Inc., with a definitive agreement announced on January 23, 2025 [6][8]

Core Insights - Banzai International, Inc. has acquired Vidello, enhancing its AI-driven marketing tools and video solutions [1][5] - Vidello, based in London, serves over 90,000 customers with its video marketing tools, including the top-rated CreateStudio product [2] - The acquisition is projected to add approximately $6.5 million in revenue and $2 million in EBITDA to Banzai for the twelve months ending December 31, 2024 [4] Company Overview - Vidello provides essential video marketing and hosting tools for online businesses, aimed at enhancing engagement through high-quality video content [2][7] - Banzai specializes in AI-enabled marketing and sales solutions, targeting businesses of all sizes, with notable clients including Cisco and New York Life [7] Strategic Implications - The acquisition aligns with Banzai's strategy to build a comprehensive suite of video products, as stated by Banzai's CEO [3] - FE International acted as the exclusive M&A advisor for Vidello, facilitating a transaction that meets the strategic objectives of both companies [5][8]

Core Insights - Banzai International, Inc. has launched CreateStudio 4.0, an updated version of its video creation app, which incorporates advanced A.I. technology to enhance user experience and efficiency in video production [1][4]. Product Features - CreateStudio 4.0 includes three new A.I.-powered video builders: Video Sales Letter Builder, Explainer Video Builder, and A.I. Shorts Builder, designed to simplify video creation for users [2][6]. - Additional features include an Audio Visualizer, Call to Action scenes, A.I. Hook Generator, Image & Video Swap functionality, UI improvements, and an A.I. Assistant for various tasks such as image generation and voiceover creation [3][6]. Company Background - Banzai is a marketing technology company focused on providing A.I.-enabled marketing and sales solutions to businesses of all sizes, aiming to enhance customer engagement and measurement [6][7]. - Vidello, a subsidiary of Banzai, specializes in video hosting and marketing tools, supporting online businesses in leveraging video for growth [5][6].