Core Insights - Nexxen International Ltd. reported strong Q2 2025 financial results, with a record Contribution ex-TAC of $87.8 million, up 6% year-over-year, and a record programmatic revenue of $85.0 million, up 8% year-over-year [5][10] - The company achieved an Adjusted EBITDA of $29.9 million, representing a 12% increase year-over-year and an Adjusted EBITDA Margin of 34% on a Contribution ex-TAC basis [5][12] - Nexxen renewed and expanded its strategic partnership with VIDAA, increasing its investment by $35 million to support VIDAA's North American CTV expansion, which is expected to enhance Nexxen's competitive edge in data and CTV [3][11] Financial Performance - Q2 2025 Contribution ex-TAC reached $87.8 million, a 6% increase from $83.1 million in Q2 2024 [12][25] - Programmatic revenue for Q2 2025 was $85.0 million, an 8% increase from $78.6 million in Q2 2024, while CTV revenue was $28.4 million, up 1% year-over-year [5][12] - Adjusted EBITDA for Q2 2025 was $29.9 million, up 12% from $26.8 million in Q2 2024, with an Adjusted EBITDA Margin of 34% compared to 32% in Q2 2024 [5][12] Strategic Developments - The launch of nexAI, a suite of AI-powered tools, is expected to enhance performance across Nexxen's platform and streamline operations [3][11] - The renewed partnership with VIDAA secures exclusive access to ACR data and monetization rights in North America through at least the end of 2029, marking a significant milestone in Nexxen's CTV strategy [3][11] - Nexxen added 108 new actively spending first-time advertiser customers in Q2 2025, indicating strong demand for its services [11] Operational Highlights - As of June 30, 2025, Nexxen had $131.5 million in cash and cash equivalents, with no long-term debt and $50 million undrawn on its revolving credit facility [5][12] - The company repurchased 3,937,280 Ordinary Shares during Q2 2025 at an average price of $9.91, totaling approximately $39.1 million [11][12] - Nexxen's Board of Directors plans to evaluate a new share repurchase program following the completion of the current program [11]

Core Insights - Nexxen International Ltd. (NEXN) is set to announce its second-quarter 2025 results on August 13, with a history of earnings surprises, having exceeded the Zacks Consensus Estimate in two of the last four quarters, with an average surprise of 51% [1] Group 1: Q2 Expectations - The Zacks Consensus Estimate for NEXN's revenues is $93.1 million, reflecting a 5.1% increase from the same quarter last year [2][10] - The consensus estimate for earnings per share (EPS) is 19 cents, indicating a more than 100% increase compared to the previous year's quarter [2][10] Group 2: Operational Performance - NEXN entered Q2 with strong operational momentum, following record results in Q1, driven by growth in Connected TV and significant adjusted EBITDA expansion [3] - Years of investment in advanced technology and data capabilities are yielding substantial returns, with industry partners increasingly adopting NEXN's AI-powered data and technology solutions [4] Group 3: Market Position - Despite uncertain market conditions, NEXN's solutions are experiencing growing industry adoption, which may support revenue growth and improved margins, reinforcing its leadership in the digital advertising and CTV ecosystem [5] Group 4: Earnings Prediction Model - Current analysis indicates that NEXN does not have a conclusive prediction for an earnings beat, with an Earnings ESP of 0.00% and a Zacks Rank of 3 [6]

Core Insights - Nexxen International Ltd. has renewed and expanded its strategic partnership with VIDAA, granting exclusive rights to monetize CTV and native display advertising on VIDAA media in North America through at least the end of 2029 [1][4] - Nexxen is investing an additional $35 million in VIDAA, bringing its total investment to $60 million, which represents approximately 6% of VIDAA's outstanding shares [6] Partnership Details - The updated agreement extends Nexxen's exclusive global access to VIDAA's automatic content recognition (ACR) data, enhancing audience targeting and measurement capabilities [4][3] - The partnership aims to scale North American TV distribution and revenue opportunities, increasing monetization within VIDAA and expanding in-stream ad inventory [2][3] Market Position and Growth - VIDAA has established a leadership position in key international markets, including Europe and Australia, and is now focusing on the U.S. market [3][5] - The partnership is expected to unlock unique opportunities for Nexxen's retail and direct-to-consumer advertiser clients, enhancing their access to exclusive inventory [4][6] Strategic Goals - Both companies aim to leverage their combined strengths to drive strategic innovation and revenue growth in the competitive CTV market [7] - VIDAA's rapid growth and adoption are seen as indicators of its quality and reliability, positioning it well for further expansion in North America [5][10]

Core Insights - Nexxen International Ltd. has renewed and expanded its strategic partnership with VIDAA, granting exclusive rights to monetize CTV and native display advertising on VIDAA media in North America through at least the end of 2029 [1][4] - Nexxen is investing an additional $35 million in VIDAA, bringing its total investment to $60 million, which represents approximately 6% of VIDAA's outstanding shares [6] Company Developments - The updated agreement allows Nexxen to have exclusive global access to VIDAA's automatic content recognition (ACR) data, enhancing audience targeting and measurement capabilities [4][3] - Since the partnership began in 2022, VIDAA has established a leadership position in key international markets, including Europe and Australia, while Nexxen has integrated VIDAA's ACR data into its platform [3][5] Market Strategy - The partnership aims to scale North American TV distribution and revenue opportunities, increasing monetization within VIDAA by expanding in-stream ad inventory [2][6] - VIDAA plans to leverage its rapid growth and widespread adoption to penetrate the competitive U.S. market, supported by Nexxen's advertising technology expertise [5][7] Future Outlook - The benefits of the updated agreement are expected to take effect starting in 2026, positioning both companies for strategic innovation and revenue growth [4][7] - The collaboration is seen as a significant step forward in supporting VIDAA's next phase of growth in North America, following its success in other global markets [7][6]

Company Overview - Nexxen International Ltd. is a global advertising technology platform specializing in data and advanced TV [3][4] - The company operates a flexible and unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP), centered around the Nexxen Data Platform [3] Recent Announcements - Nexxen announced participation in financial conferences, including a fireside chat at the Canaccord Genuity Annual Growth Conference on August 13 and a virtual fireside chat at the Rosenblatt Annual Technology Summit on August 19 [1][5] - Live webcasts of these events will be available on Nexxen's investor relations website, with replays accessible for approximately one year [1] Global Presence - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific [4]

Core Viewpoint - Nexxen International Ltd. has repurchased 880,000 Ordinary Shares at an average price of $10.41 during July 2025, indicating a commitment to returning value to shareholders [1]. Company Summary - As of July 31, 2025, Nexxen had 58,061,174 Ordinary Shares outstanding, excluding treasury shares, and approximately $7.2 million remaining under its current share repurchase program authorization [2]. - Nexxen operates as a global advertising technology platform, specializing in data and advanced TV, providing a flexible and unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3]. - The company's capabilities encompass discovery, planning, activation, monetization, measurement, and optimization, designed to meet the diverse needs of advertisers, agencies, publishers, and broadcasters [3]. - Nexxen is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on Nasdaq under the ticker NEXN [4].

"Nexxen's platform stands out in a complex landscape, and I see real potential to unlock new opportunities for brands and agencies here," said Katsnelson. "I'm looking forward to drawing on my experience across both established companies and agile teams to help shape a thoughtful, future-facing approach to client engagement and enterprise success." Additionally, Oscar Rondon has joined Nexxen as Vice President of Data and Measurement Solutions. In this capacity, he will own the commercial strategy, growth a ...

Core Viewpoint - Nexxen International Ltd. is set to release its financial results for the second quarter and first half of 2025 on August 13, 2025, before the U.S. market opens, indicating a focus on transparency and communication with investors [1]. Company Overview - Nexxen operates as a global advertising technology platform, specializing in data and advanced TV, providing a flexible and unified technology stack that includes both demand-side and supply-side platforms [3]. - The company's offerings encompass a wide range of capabilities such as discovery, planning, activation, monetization, measurement, and optimization, tailored to meet the diverse needs of advertisers, agencies, publishers, and broadcasters [3]. - Nexxen is headquartered in Israel and has a global presence with offices in the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on Nasdaq under the ticker NEXN [4].

Core Insights - Nexxen International Ltd. anticipates benefits from the strategic partnership between VIDAA and Vestel, enhancing its position in the advertising technology sector [1][4] - Nexxen holds a 2.439% ownership stake in VIDAA and has signed a non-binding MOU for potential extension and expansion of their partnership [2][4] - The partnership between VIDAA and Vestel is expected to expand VIDAA's CTV operating system reach, particularly in Europe, and increase the scale of its global ACR data [3][4] Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, with a focus on providing flexible solutions for advertisers, agencies, publishers, and broadcasters [7] - The company operates a unified technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP), with a core Nexxen Data Platform [7] - Nexxen is headquartered in Israel and has a global presence with offices in the United States, Canada, Europe, and Asia-Pacific [8] Industry Context - VIDAA is recognized as a leading smart TV platform, with over 400 brand partners and more than 40 million connected devices worldwide [9] - The partnership with Vestel, a major connected TV manufacturer, is expected to enhance VIDAA's market position and expand its operating system's reach [3][4] - The collaboration is seen as a strategic move to leverage advanced TV data in advertising, which is poised for substantial growth, particularly in the European market [6][4]

Core Viewpoint - Nexxen International Ltd. anticipates benefits from VIDAA's partnership with Vestel, which will enhance its European connected TV (CTV) reach and data capabilities [1][3][4] Group 1: Partnership Details - Nexxen has a strategic partnership with VIDAA, which is set to expire at the end of 2026, and holds approximately 2.439% ownership in VIDAA [2] - A non-binding Memorandum of Understanding (MOU) was signed in May 2025 to potentially extend and expand the partnership beyond its current term, including a possible increase in Nexxen's investment [2] - VIDAA will serve as the smart TV operating system for Vestel's global CTV OEM base, which is expected to expand VIDAA's reach in Europe [3] Group 2: Strategic Implications - The agreement between VIDAA and Vestel positively impacts Nexxen's long-term strategic partnership with VIDAA, including exclusive access to global ACR data and ad monetization in select markets [4] - VIDAA's partnership with Vestel is expected to enhance the scale of its global ACR data, which is crucial for Nexxen's advertising technology platform [3][4] Group 3: Market Position and Growth - Nexxen's CEO emphasized the importance of CTV and advanced TV data in advertising, highlighting the value of partnerships with Hisense, VIDAA, and Vestel in strengthening its position in the European CTV advertising market [6] - VIDAA aims to become the world's largest smart TV platform, leveraging its partnerships to enhance its market leadership [6]