Question-and-Answer SessionUnknown Analyst A lot happening in the industry. So perhaps I'll start, David, with a little bit of your vision for how you think the ecosystem is changing. One of the things that really stood out to us is Zeta consolidating wallet share at your customers, both in the marketing technology sphere and in the ad tech sphere. So the question for you directly is, where are you consolidating? And what do you think that tech stack, marketing tech plus ad tech, what do you think that ecos ...

Question-and-Answer SessionUnknown Analyst A lot happening in the industry. So perhaps I'll start, David, with a little bit of your vision for how you think the ecosystem is changing. One of the things that really stood out to us is Zeta consolidating wallet share at your customers, both in the marketing technology sphere and in the ad tech sphere. So the question for you directly is, where are you consolidating? And what do you think that tech stack, marketing tech plus ad tech, what do you think that ecos ...

Summary of Zeta Global Conference Call Company Overview - **Company**: Zeta Global (NYSE: ZETA) - **Event**: 2025 Conference on September 10, 2025 - **Key Speakers**: David A. Steinberg, Chris Greiner Industry Insights - **Ecosystem Changes**: The marketing technology and advertising technology sectors are increasingly consolidating, with Zeta Global focusing on integrating these tech stacks for better efficiency and effectiveness [6][10] - **Market Size**: Zeta Global's 567 global enterprise clients are projected to spend $100 billion on marketing in 2025, with Zeta aiming to increase its wallet share from 125 basis points to potentially 500-1,000 basis points by 2028 [9][10] Financial Performance - **Growth Rates**: Zeta Global has experienced a compounded growth rate of over 30% in top-line revenue, over 50% in bottom-line growth, and mid-70s in free cash flow over the last three years [8] - **Client Engagement**: The average number of channels used per client has increased from 1.2 to approximately 3, leading to higher Net Promoter Scores (NPS) and increased spending [9][51] Strategic Initiatives - **One Zeta Strategy**: This initiative aims to encourage clients to utilize multiple use cases, enhancing return on investment (ROI) and overall effectiveness [10] - **AI Integration**: Zeta has been programming in artificial intelligence since 2017, with recent advancements in their AI Agent Studio, which integrates multiple AI agents for improved targeting and attribution [32][33] Market Positioning - **Digital Marketing**: Currently, 50% of client spend is digital, with expectations that this will rise to 75% in the next five to ten years, driven by trends in connected TV and other digital platforms [15][20] - **Competitive Advantage**: Zeta's unique data cloud and first-party tracking capabilities provide a significant competitive edge, allowing for more accurate targeting and better ROI for clients [37][65] Revenue Model - **Revenue Composition**: The revenue model is evenly split between consumption and recurring software revenue, with a focus on providing value-based pricing to clients [40][41] - **Agency Relationships**: Zeta has established strong relationships with major agency Holdcos, providing them with first-party data for free, which enhances their margins and client satisfaction [55][57] Consumer Behavior Insights - **Zeta Economic Index**: The index shows a bifurcation in consumer spending, with the wealthiest 10% spending more while the bottom third spends less. The middle class is experiencing mixed outcomes, with some becoming wealthier due to strong market performance [69][70] - **Consumer Confidence**: The overall consumer environment remains strong, supported by high housing values and market performance, which encourages spending [71] Future Outlook - **Growth Projections**: Zeta Global anticipates a 500 basis point increase in operating margin and a significant rise in free cash flow by 2028, with potential for further growth in agency and digital marketing segments [43][59] Conclusion - Zeta Global is well-positioned in the evolving marketing technology landscape, leveraging its data capabilities and strategic initiatives to drive growth and enhance client ROI. The company is focused on integrating AI and expanding its digital marketing reach, while maintaining strong relationships with agency partners and adapting to changing consumer behaviors.

Zeta Global Holdings Corp. (NYSE: ZETA ) has been feeling quite good since my May 14 bullish call , if we talk about the share price performance against the broad market. I reiterate StrongWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and strategy. I’ve been an active ...

Zeta Global Holdings Corp. (NYSE: ZETA ) has been feeling quite good since my May 14 bullish call if we talk about the share price performance against the broad market. I reiterate StrongWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operations and strategy. I’ve been an active in ...

Core Insights - Futu Holdings Limited Sponsored ADR (FUTU) is currently viewed as a more attractive investment compared to Zeta Global Holdings (ZETA) based on valuation metrics and earnings estimate revisions [1][3][7] Valuation Metrics - FUTU has a forward P/E ratio of 22.68, while ZETA's forward P/E is higher at 27.25 [5] - The PEG ratio for FUTU is 0.83, indicating better expected earnings growth relative to its price compared to ZETA's PEG ratio of 1.44 [5] - FUTU's P/B ratio stands at 6.14, slightly lower than ZETA's P/B ratio of 6.55, suggesting a more favorable valuation in terms of book value [6] Analyst Outlook - FUTU holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while ZETA has a Zacks Rank of 3 (Hold), reflecting a less favorable outlook [3][7] - The stronger estimate revision activity for FUTU suggests a more optimistic analyst sentiment compared to ZETA [7]

Company Overview - ZetaDisplay AB is a leading European corporation in the digital signage market, founded in 2003 in Sweden [3] - The company operates in eight European countries and the US, with over 125,000 active installations in more than 50 countries [3] - ZetaDisplay has a turnover exceeding SEK 600 million and employs approximately 250 staff members [4] Industry Position - ZetaDisplay is recognized as a pioneer in digital signage, providing innovative solutions and consulting services that influence millions of people daily across various environments [3] - The company is a preferred business partner for many respected blue-chip brands globally [3] Financial Reporting - The Q2 Interim report for April to June 2025 has been published, with full details available on the investor relations website [1][2] - The report was made public in compliance with the EU Market Abuse Regulation [2]

Group 1 - Michael Wiggins De Oliveira is an inflection investor, focusing on buying undervalued companies at pivotal moments when their profitability is expected to improve significantly over the next year [1] - The investment strategy emphasizes technology and the Great Energy Transition, including uranium, with a concentrated portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - Michael has over 10 years of experience analyzing companies in tech and energy sectors, and has built a following of over 40,000 on Seeking Alpha [2] Group 2 - The Investing Group Deep Value Returns, led by Michael, offers insights through its concentrated portfolio of value stocks, timely updates on stock picks, and a weekly webinar for live advice [3] - The group provides support for both new and experienced investors, fostering an active and kind community accessible via chat [3]

Group 1 - Zeta Global (NYSE: ZETA) has shown a stock return of approximately 70%, outperforming the S&P 500's return of 30% since initial coverage was released a few months ago [1] - The valuation of Zeta Global may appear high at present, indicating potential concerns regarding future performance [1] Group 2 - Invest Heroes LLC, a research firm established in 2018, provides equity and fixed income research services and has gained recognition among professional investors and private clients [1] - The firm covers over 120 stocks from Russia, the US, and China, as well as more than 200 Russian bonds, and offers research as a paid service to institutional clients and private clients [1] - The team consists of 9 analysts and has achieved global professional recognition, with forecasts often ahead of the market due to detailed business models for each company [1]

Core Viewpoint - ZetaDisplay AB announces the resignation of CEO Anders Olin and the appointment of Daniel Nergard as the new CEO, effective October 1 [1][3]. Group 1: Leadership Transition - Anders Olin has served as CEO for nearly two years, during which he has made significant contributions to the company's operations and growth [2]. - Under Olin's leadership, ZetaDisplay expanded into the UK market through an acquisition, professionalized operations, and fostered organizational unity [2]. - Daniel Nergard, with over 20 years of experience in the global enterprise software sector, will take over as CEO, bringing a focus on customer-centric product development [4]. Group 2: Company Overview - ZetaDisplay, founded in 2003 in Sweden, is a leading player in the digital signage market, with operations in eight European countries and the US [6][8]. - The company has a turnover exceeding SEK 600 million and employs approximately 250 staff members [8]. - ZetaDisplay boasts over 125,000 active installations across more than 50 countries, serving many respected blue-chip brands [7].