What we do We provide a platform for ad buyers. Most buyers are ad agencies, brands, or other technology companies. INVESTOR RELATIONS PRESENTATION Second Quarter 2025 Statement of caution under the Private Securities Litigation Reform Act of 1995 This document contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to expectations concerning matters that (a) are not historical facts, (b) predict or forecast future events or r ...

Second quarter revenue increased to $15.4 million compared to $13.0 million for the second quarter of 2024.Half year revenue increased by $4.1 million to $29.6 million compared to $25.5 million for the same period of 2024. Boca Raton, FL, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Bright Mountain Media, Inc. (OTCQB: BMTM) (“Bright Mountain” or the “Company”), a global holding company with current investments in digital publishing, advertising technology, consumer insights, creative services, and media services, toda ...

Core Viewpoint - AppLovin's stock surged over 16%, reaching a new high of $453.76 since February, driven by strong Q2 financial results [1] Financial Performance - Q2 revenue reached $1.259 billion, a 77% year-over-year increase, exceeding market expectations [1] - Net profit soared to $820 million, marking a 164% year-over-year growth [1] - Adjusted EBITDA was $1.018 billion, reflecting a 99% year-over-year increase [1] - Adjusted earnings per share were $2.39, surpassing the market expectation of $2.32 [1]

Financial Data and Key Metrics Changes - Total revenue increased by 11% year-on-year, reaching $195 million, exceeding expectations by $4 million [27][28] - Non-GAAP operating income rose by 34%, amounting to $36 million, surpassing guidance by $3 million [27][34] - GAAP operating margin expanded by seven points to a record high of 10% [34] - Free cash flow outlook improved significantly due to recent tax legislation [27][34] Business Line Data and Key Metrics Changes - Subscription revenue grew by 10% to $148 million, with subscription usage revenue up approximately 40% [28][29] - Marketplace and other revenue increased by 13% to $46 million, with Data Marketplace accounting for 76% of this revenue [32] - Total RPO (contracted backlog) rose by 29% to $690 million, while current RPO increased by 14% to $451 million [29] Market Data and Key Metrics Changes - The selling environment was characterized as generally positive, with strong sales momentum and several million-dollar deals [30][31] - Average deal cycle decreased to nine months, with a higher conversion rate of pipeline into bookings [30] Company Strategy and Development Direction - The company is modernizing its pricing model to offer greater flexibility and align costs with usage, which is expected to enhance upsell opportunities and attract new clients [14][15] - Focus on AI's transformative potential in digital advertising, positioning the company as a critical partner for clients' AI ambitions [22][23] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing a robust new business pipeline and good sales momentum across several solutions [4][5] - The company anticipates continued growth in commerce media and CTV, with strong customer interest in its cleanroom strategy [11][12][23] Other Important Information - The company repurchased $30 million in stock during the first quarter, maintaining a strong balance sheet with approximately $370 million in cash and no debt [34] - The company expects to deploy a substantial portion of higher free cash flow towards share repurchases [39][42] Q&A Session Summary Question: Can you elaborate on the assumptions behind the revenue growth for Q2? - Management indicated that while Q1 exceeded expectations, they are conservatively guiding Q2 subscription usage growth to be flat year-on-year due to timing-related factors [46][47] Question: What gives confidence that the strength in Commerce Media Networks can continue? - Management highlighted strong customer engagement and the expansion of partnerships across various industries, indicating a growing network effect [51][55] Question: Can you provide balance on the momentum across Clean Room, CMI, and Commerce Media? - Management acknowledged some churn events impacting million-dollar customers but expressed confidence in a rebound due to strong sales momentum in Q2 [63][66] Question: How are pricing changes impacting new deals? - Management noted that the new pricing model is viewed favorably, reducing friction in the new business process and allowing for a more flexible entry point for clients [77][78] Question: What is LiveRamp's right to win in the rapidly changing AI environment? - Management emphasized that the company is not an AI company but an enabler, focusing on integrating proprietary data to enhance AI performance for clients [83][86]

Financial Data and Key Metrics Changes - Total revenue increased by 11% year-on-year, reaching $195 million, exceeding expectations by $4 million [27][28] - Non-GAAP operating income rose by 34%, amounting to $36 million, surpassing guidance by $3 million [27][33] - GAAP operating margin expanded by seven points to a record high of 10% [33] - Free cash flow outlook improved significantly due to recent tax legislation [27][39] Business Line Data and Key Metrics Changes - Subscription revenue grew by 10% to $148 million, with subscription usage revenue up approximately 40% [28][29] - Marketplace and other revenue increased by 13% to $46 million, with Data Marketplace accounting for 76% of this revenue [32] - Total contracted backlog (RPO) rose by 29% to $690 million, while current RPO increased by 14% to $451 million [29] Market Data and Key Metrics Changes - The selling environment was characterized as generally positive, with strong sales momentum and several million-dollar deals [30][31] - Average deal cycle decreased to nine months, with a higher conversion rate of pipeline into bookings [30] Company Strategy and Development Direction - The company is modernizing its pricing model to offer greater flexibility and align costs with usage, which is expected to enhance growth [13][15] - Focus on AI's transformative potential in digital advertising, positioning the company as a critical partner for clients' AI ambitions [20][22] - Continued investment in the data collaboration platform to support AI-driven advertising and enhance data connectivity [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing a robust new business pipeline and good sales momentum across several solutions [4][5] - The company anticipates continued growth in commerce media and CTV, driven by strong customer demand and successful integrations [12][52] - Increased confidence in achieving higher revenue growth in the latter half of the fiscal year [46] Other Important Information - The company repurchased $30 million in stock during the first quarter, with $226 million remaining under the current authorization [34] - The balance sheet remains strong with approximately $370 million in cash and short-term investments and zero debt [34] Q&A Session Summary Question: Can you elaborate on the assumptions behind the revenue growth for the second quarter? - Management noted that while Q1 outperformed expectations, they are conservatively guiding Q2 subscription usage growth to be flat year-on-year [45][46] Question: What gives confidence that the strength in Commerce Media Networks can continue? - Management highlighted the extensive customer networks and partnerships being developed, which are expected to fuel ongoing growth [48][52] Question: Can you provide balance on the momentum across Clean Room, CMI, and Commerce Media? - Management acknowledged some churn events impacting the million-dollar customer count but expressed confidence in a rebound due to strong sales momentum [61][63] Question: What is the leverage seen from offshoring and automation initiatives? - Management indicated that offshoring and smart cost management are driving low double-digit millions in cost savings, allowing for continued investment in growth areas [68][70] Question: How are pricing changes impacting new deals? - Management reported that the new pricing model is viewed favorably, reducing friction in the new business process and attracting new clients [75][78] Question: What is LiveRamp's right to win in the AI-driven marketing environment? - Management emphasized that the company is an enabler of AI, providing the necessary infrastructure for clients to leverage their proprietary data effectively [81][84]

Q2 2025 Financial Highlights - Contribution ex-TAC reached $162 million, a 10% increase year-over-year, exceeding the guidance of $154 to $160 million[16] - CTV Contribution ex-TAC was $71.5 million, up 14% year-over-year (15% excluding political), hitting the high end of the $70 to $72 million guidance[16] - DV+ Contribution ex-TAC amounted to $90.4 million, an 8% increase year-over-year, surpassing the $84 to $88 million guidance[16] - Adjusted EBITDA increased by 22% year-over-year to $54.4 million, resulting in a 34% Adjusted EBITDA margin, compared to $44.7 million and a 30% margin in Q2 2024[16] - Non-GAAP earnings per share increased to $0.20, compared to $0.14 for Q2 2024[16] Q3 2025 Guidance - Total Contribution ex-TAC is projected to be between $161 million and $165 million[19] - CTV Contribution ex-TAC is expected to range from $71 million to $73 million, representing a growth of 10% to 13% (or 17% to 20% excluding political)[19] - DV+ Contribution ex-TAC is anticipated to be between $90 million and $92 million, indicating a growth of 6% to 8%[19] 2025 Full-Year Expectations - Total Contribution ex-TAC growth is expected to be above 10%[22] - Excluding political factors, total Contribution ex-TAC growth is projected in the mid-teens[22] - Adjusted EBITDA is expected to grow in the mid-teens percentage[22] - Adjusted EBITDA margin expansion is anticipated to increase to at least 150 basis points, up from the previous 100 basis points[22]

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]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 increased by 21% year over year to $189 million, surpassing the raised guidance [6][24] - Adjusted EBITDA grew by 22% year over year to $57 million, with a margin of 30%, up from 27% in Q1 2025 [24][29] - Media transactions measured (NTMs) increased by 19% year over year, while measured transaction fees (NTS) declined by 1% year over year, indicating a relative improvement [25][51] Business Line Data and Key Metrics Changes - Activation revenue grew by 25% year over year, with all four activation solution groupings contributing to growth [25] - Social measurement revenue rose by 14%, driven by platforms like YouTube, TikTok, and Meta, which collectively accounted for over 90% of Q2 social measurement revenue [27][12] - Supply side revenue increased by 26% year over year, reflecting growth from existing and new platform and publisher customers [28] Market Data and Key Metrics Changes - CTV measurement impressions grew by 45% year over year, representing 11% of total measurement impression volumes [15] - Social media remains a significant growth opportunity, with social measurement revenue growth led by major platforms [11][12] - Programmatic volume saw healthy growth, with ABS (Authentic Brand Suitability) growing by 23% year over year [19][48] Company Strategy and Development Direction - The company is focused on expanding relationships with existing advertisers and scaling new ones, emphasizing a strategy of "attach, stack, and scale" [7][10] - The recently launched Media Advantage Platform (MAP) integrates verification, optimization, and outcomes measurement, enhancing customer engagement [8][22] - The company aims to leverage AI innovations and expand its product suite to navigate a shifting market [10][22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth trajectory, supported by strong enterprise win rates and an active pipeline [22][33] - The company raised its full-year 2025 revenue growth guidance to approximately 15% year over year, up from 13% [32] - Management noted that 2025 is viewed as a transition year, with gradual monetization expected from new solutions like Meta Prescreen and DV Authentic Advantage [34] Other Important Information - The company ended the quarter with approximately $217 million in cash and cash equivalents, maintaining a strong financial position [31][34] - Capital expenditures were approximately $10 million, reflecting ongoing investments in cloud infrastructure and product development [30][29] Q&A Session Summary Question: What drove the acceleration in social growth? - Management indicated that growth was driven by both new user expansion and existing customers increasing their usage, alongside the addition of new partners [38][40] Question: Can you elaborate on the drivers of outperformance relative to guidance? - The strong activation quarter, particularly around ABS, was highlighted as a key driver of growth, alongside resilient advertiser spending despite macro uncertainties [46][48] Question: How confident is the company in the sustainability of social product growth? - Management expressed increased confidence due to improvements in product offerings and the ability to provide both pre- and post-bid solutions [56][58] Question: What is the outlook for margins moving forward? - The company is guiding for a 32% EBITDA margin for the year, with continued investments in growth initiatives [91][92] Question: How is the company approaching capital allocation? - The strategy remains balanced between investments in the business, evaluating M&A opportunities, and considering share repurchases [82][84]

Financial Data and Key Metrics Changes - Total revenue for Q2 2025 increased by 21% year over year to $189 million, surpassing the raised guidance [5][22][29] - Adjusted EBITDA grew 22% year over year to $57 million, with a margin of 30%, up from 27% in Q1 2025 [22][27] - Media transactions measured (NTMs) increased by 19% year over year, while measured transaction fees (NTS) declined by 1% year over year, indicating a relative improvement [23][24] Business Line Data and Key Metrics Changes - Advertiser revenue grew by 21% year over year, driven by stronger measurement attach and deeper product stacking [22][23] - Activation revenue increased by 25% year over year, with all four activation solution groupings contributing to growth [23][24] - Social measurement revenue rose by 14%, accounting for 48% of total measurement revenue, primarily driven by platforms like YouTube, TikTok, and Meta [25][26] Market Data and Key Metrics Changes - CTV measurement impressions grew by 45% year over year, representing 11% of total measurement impression volumes [15][16] - Supply side revenue increased by 26% year over year, driven by new platform and publisher customers [26] - International measurement revenue grew by 8% year over year, representing 28% of total measurement revenue [25] Company Strategy and Development Direction - The company is focused on expanding relationships with existing advertisers and rapidly scaling new ones, emphasizing a strategy of "attach, stack, and scale" [6][10] - The recently launched Media Advantage Platform (MAP) integrates verification, optimization, and outcomes measurement, enhancing customer engagement [6][12] - The company aims to leverage innovations in AI and expand its product suite to navigate a shifting market [8][21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term growth trajectory, supported by strong enterprise win rates and an active pipeline [21][30] - The company raised its full-year 2025 revenue growth guidance to approximately 15% year over year, up from 13% [29][30] - Management acknowledged macroeconomic uncertainties but noted resilience in advertiser spending levels [60] Other Important Information - The company ended the quarter with approximately $217 million in cash and cash equivalents, maintaining a strong financial position [28][31] - Capital expenditures were approximately $10 million, reflecting ongoing investments in cloud infrastructure and product development [27] Q&A Session Summary Question: What drove the acceleration in social growth? - Management noted that growth was driven by both new user expansion and existing customers increasing their usage, with significant contributions from platforms like TikTok and the addition of the Meta Prebid solution [34][36] Question: How does the evolving advertising landscape impact DoubleVerify? - Management highlighted the importance of transparency and independence in their offerings, which are increasingly valued by customers using AI tools on platforms like Meta [38][39] Question: What were the drivers of outperformance relative to guidance? - Strong activation performance, particularly around the ABS product, was identified as a key driver, alongside resilience in programmatic spending [42][46] Question: How does the company view the future of the open web? - Management believes the open web still has significant traffic and traction, with a focus on social, CTV, and retail media as key growth areas [90][92] Question: What is the status of CTV product development? - Future iterations of the CTV measurement solution are expected to roll out before the end of the year, with a more robust implementation planned for early 2026 [96]

Financial Data and Key Metrics Changes - The company reported total revenue of $131 million for the first quarter, reflecting an 11% year-over-year growth and $25 million in EBITDA, representing a 73% increase year-over-year [5][14][19] - Adjusted EBITDA for the quarter was $25.1 million, marking the highest quarterly EBITDA since 2023 [16] - Free cash flow remained positive at $1.4 million, an improvement of approximately $7 million year-over-year [16] - GAAP net loss was $14.1 million or $0.13 per share, while non-GAAP net income was $5.8 million or $0.05 per share [17] Business Line Data and Key Metrics Changes - The on-device solution (ODS) business generated $95.4 million in revenue, up 18% year-over-year, driven by strong growth in device volumes and revenue per device (RPD) [14][15] - The application growth platform (AGP) segment generated $36.3 million in revenue, representing a 5% decline year-over-year but a 9% sequential increase, indicating early signs of stabilization [15][19] Market Data and Key Metrics Changes - The company experienced over 30% year-over-year growth in RPD in both the U.S. and international markets for the on-device business [6][7] - Device volumes improved in North America and select international markets, contributing to the overall growth [7][8] Company Strategy and Development Direction - The company is focusing on first-party data investments and AI-driven decision-making to enhance targeting and return on ad spend for advertisers [10][11] - The branding of first-party data as "DT Ignite Graph" and the AI platform as "DTiQ" aims to showcase unique advantages to customers and partners [11] - The company is positioning itself for future growth by leveraging regulatory momentum for more open app distribution models [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver value to partners, advertisers, users, and shareholders, citing solid year-over-year growth driven by execution and favorable industry dynamics [13][19] - The company raised its full-year revenue guidance to a range of $525 million to $535 million and adjusted EBITDA guidance to $90 million to $95 million for fiscal year 2026 [19] Other Important Information - The company ended the quarter with a cash balance of $34.1 million and total debt of $400.5 million, a reduction of over $8 million quarter-over-quarter [18] Q&A Session Summary Question: International carrier strength and RPD improvement - Management indicated that the international business was up 70%, driven by better device volumes and RPDs, with improved execution and demand from various geographies [21][22][23] Question: Longevity of brand revenue - Management noted a nearly 50% increase in brand advertisers on the platform, indicating strong diversification and encouraging growth potential [24][25] Question: Potential breakup of Apple and Google monopoly - Management highlighted strong interest from publishers for alternative app stores and the encouraging legal developments supporting a more open mobile marketplace [26][27] Question: AGP business improvement - Management emphasized the importance of performance side improvements and investments in first-party data and AI to drive top-line growth in the AGP business [31][34] Question: Growth from device sales turnaround - Management acknowledged a macro trend of improving device sales as a potential tailwind for growth, alongside efforts to expand technology on more devices [38][41] Question: Geographic growth areas - Management reported growth in Asia and Europe for AGP, and double-digit growth in the U.S. for the ODS business, indicating a global growth story [42][43]