BUSINESS DIVISIONS Tremor International Ltd. First Quarter 2022 Earnings Call May 17, 2022 = © 2022 Tremor International Ltd. All rights reserved. © 2022 Tremor International Ltd. All rights reserved. Introduction to Speakers and Safe Harbor Statement This presentation has been prepared by Tremor International Ltd. (the "Company" or "Tremor"). This presentation and the accompanying oral presentation contain forward-looking statements. These statements may relate to, but are not limited to: statements and pr ...

Tremor International Ltd. (TRMR) Q1 2022 Earnings Conference Call May 17, 2022 9:00 AM ET Company Participants Billy Eckert - Senior Director, Investor Relations Ofer Druker - Chief Executive Officer Sagi Niri - Chief Financial Officer Conference Call Participants Matthew Swanson - RBC Capital Markets Mark Kelly - Stifel Michael Hill - finnCap Andrew Marok - Raymond James Andrew Boone - JMP Securities Operator Welcome to Tremor International's First Quarter 2022 Conference Call. At this time, participants a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended Commission File ...

Tremor International Ltd. (TRMR) Q4 2021 Results Conference Call February 24, 2022 9:00 AM ET Company Participants Billy Eckert - Senior Director, IR Ofer Druker - CEO Sagi Niri - CFO Conference Call Participants Matt Swanson - RBC Capital Laura Martin - Needham Mark Kelley - Stifel Andrew Boone - JMP Securities Andrew Marok - Raymond James Operator Welcome to Tremor International's Fourth Quarter and Year Ended 2021 Conference Call. [Operator Instructions] This conference call is being recorded and a repla ...

Tremor International, Ltd (TRMR) Q3 2021 Earnings Conference Call November 11, 2021 9:00 AM ET Company Participants Billy Eckert - SD, IR Ofer Druker - CEO Sagi Niri - CFO Conference Call Participants Matt Swanson - RBC Capital Laura Martin - Needham & Company Andrew Boone - JMP Securities Operator Welcome to Tremor International's Third Quarter & Nine-Month 2021 Conference Call. At this time, all participants are in a listen-only mode with a question and answer session to follow at the end of the presentat ...

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Financial Data and Key Metrics Changes - Tremor International reported a contribution ex-TAC of USD $74 million for Q2 2021, a 160% increase from $28.5 million in Q2 2020, and adjusted EBITDA of $37 million, up from $1.2 million, representing a 29 times growth [9][24] - For H1 2021, contribution ex-TAC was USD $137 million, a 125% increase from $61 million in H1 2020, with adjusted EBITDA of USD $65 million compared to $1.8 million in the same period last year, a 35 times growth [9][24] - The company achieved a 46% EBITDA margin in Q2 2021 on a reported revenue basis and a 51% margin on net revenue [10][29] Business Line Data and Key Metrics Changes - Connected TV (CTV) revenue grew 280% in Q2 2021 compared to Q2 2020 and 249% in H1 2021 compared to H1 2020 [10][24] - Video revenues increased almost 200% year-over-year, significantly outpacing the industry’s 4% CAGR for video advertising [25][28] - CTV and mobile channels accounted for 79% of net revenues and 86% of programmatic net revenues, with CTV and mobile growth at 167% year-over-year compared to 20% for CTV and 12% for mobile in the U.S. [17] Market Data and Key Metrics Changes - 92% of net revenues in Q2 2021 were generated in the U.S., indicating strong market presence and potential for global expansion [10] - The company operates in key international markets including Australia, Japan, Singapore, Germany, and the U.K., with plans to expand as COVID-19 restrictions ease [86][88] Company Strategy and Development Direction - Tremor aims to capitalize on the shift of advertising budgets from traditional media to digital platforms, focusing on video, data, and CTV through an end-to-end technology platform [12][15] - The company has completed three major acquisitions in the past three years to enhance its capabilities and market position [12][80] - Future growth is expected to be driven by continued investment in technology, product innovation, and expanding sales efforts [55][57] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth potential of CTV, anticipating increased advertiser participation and budget allocation to this channel over the next 1.5 years [64][67] - The company expects Q3 2021 net revenue to be at least $75 million, representing approximately 50% year-over-year growth, and adjusted EBITDA of around $37 million, indicating an 85% year-on-year growth [32] Other Important Information - Tremor generated net cash from operating activities of $57 million for Q2 2021, a 700% increase from $7 million in Q2 2020, and ended the quarter with cash and cash equivalents of $275 million [30] - Non-IFRS diluted earnings per share for Q2 2021 was $0.23 compared to a loss of $0.02 in Q2 2020 [31] Q&A Session Summary Question: CTV vs Online Video - Management indicated that both CTV and online video are growing, with clients expanding into both areas [41][42] Question: News Corp Revenue Contribution - The deal with News Corp is valued at £30 million over three years, which is not significant to total net revenue [44] Question: Investment Focus in CTV - Management emphasized investments in technology and product innovation, particularly around CTV, to capture market share [49][55] Question: Margin Outlook - Management noted that while margins are currently high, they may see some decline post-pandemic due to increased costs, but revenue scaling will help maintain strong margins [70][71] Question: Acquisition Pipeline - The company is actively looking for acquisition targets to continue growth, supported by a strong track record of successful integrations [80][81] Question: International Market Focus - Management highlighted the potential for growth in international markets, particularly in APAC and EMEA, once COVID-19 restrictions are lifted [86][89] Question: PMP and Self-Serve Business Update - Management reported significant growth in PMP and self-serve businesses, although specific metrics are no longer disclosed as they fall under the programmatic umbrella [92]