TNL Mediagene to Present at the Emerging Growth Conference on May 21-22, Provides Valuation Update

Core Insights - The company reported strong FY2024 performance with consolidated revenue of $48.5 million, gross profit of $17.7 million, near break-even Adjusted EBITDA, and Adjusted EPS of negative $0.035 per share [1] - The company is launching Business Insider Taiwan in 2025, targeting the global Mandarin language market, which is seen as a significant revenue opportunity [1] - A strategic partnership with PChome Online, Taiwan's leading e-commerce platform, is expected to provide substantial revenue potential and access to valuable retail data [2] - Co-hosting the 2025 Generative AI Dual Conference will enhance the company's visibility and recognition in Taiwan's AI industry [3] - The company is currently trading at a discount compared to reference median multiples in AdTech and Digital & Social Media, indicating it may be undervalued [5] - The company has established a strong presence in Japan and Taiwan, with a prestigious client base and quality partnerships [6] Financial Performance - Consolidated revenue for FY2024 is reported at $48.5 million, with a gross profit of $17.7 million [1] - Adjusted EBITDA is near break-even, and Adjusted EPS stands at negative $0.035 per share [1] - The company is trading at an EV/Revenue discount to reference median multiples of 3.5x in AdTech and 5.8x in Digital & Social Media [5] Strategic Initiatives - The launch of Business Insider Taiwan is aimed at capturing a lucrative market with potential for significant revenue growth [1] - The partnership with PChome Online is viewed as a major opportunity for revenue generation and data monetization [2] - Co-hosting the 2025 Generative AI Dual Conference will position the company as a key player in Taiwan's AI sector [3] Company Overview - TNL Mediagene was formed through the merger of The News Lens Co. and Mediagene Inc., focusing on digital media across multiple languages [17] - The company operates in various sectors, including news, business, technology, and advertising services, with a workforce of approximately 500 employees across Asia [17][19]