Financial Performance & Guidance - Emerald is on track to achieve full-year objectives, delivering a 133% year-over-year growth in Revenue and a 324% year-over-year growth in Adjusted EBITDA year-to-date 2025[12] - For Q3 2025, Revenue grew by 67% and Adjusted EBITDA grew by 24%[12] - Full Year 2025 revenue guidance is updated to a range of $460-$465 million, and Adjusted EBITDA guidance is $1225 - $1275 million, reflecting the acquisition of Generis[12, 14, 17] Organic Revenue Analysis - Year-to-date 2025, reported Organic Revenue growth was 10% from the prior year period[12] - Without recent acquisitions, year-to-date Organic Revenue growth would have been 43%[12] - Reported Organic Revenue declined by 68% in Q3 2025; without recent acquisitions, the decline would have been 29%[12] Capital Allocation - The company repurchased 116,094 shares of common stock for $05 million at an average price of $487 per share in Q3 2025[12] - The Board of Directors declared a dividend of $0015 per share for the quarter ending December 31, 2025[12] - The company has bought back a total of 170 million shares of common stock for an aggregate of $700 million since the restart of the share repurchase program in 2021 through September 30, 2025[42] Market Position & Strategy - Emerald is the largest US-based B2B events platform, diversified across end markets, with Connections representing approximately 90% of revenue[18, 19] - B2B US Marketing spend for events and sponsorships is expected to grow by a CAGR of +7% through 2030[29] - The company has completed and integrated over 30 acquisitions over the last decade, deploying approximately $10 billion in capital[39]

Financial Performance - Emerald Holding's Q1 2025 revenue reached $147.7 million, demonstrating a 10.7% year-over-year growth[10, 27] - Adjusted EBITDA for Q1 2025 was $53.6 million, a 34.7% increase compared to the previous year[10, 27] - The company reaffirmed its full-year 2025 revenue guidance, expecting between $450 million and $460 million[10, 35, 36] - Emerald also reaffirmed its full-year 2025 Adjusted EBITDA guidance, projecting between $120 million and $125 million[10, 35, 36] - Free cash flow for Q1 2025 was $10.8 million[27, 41] Capital Allocation - Emerald repurchased $8.8 million of its common stock in Q1 2025, at an average price of $4.33 per share[10, 27] - The Board of Directors authorized an additional $25 million for share repurchases through December 31, 2025[10] - A quarterly dividend of $0.015 per share was declared for the quarter ending June 30, 2025[10] Strategic Initiatives - Emerald received regulatory approval for the acquisition of This is Beyond, a luxury travel event business, expected to close soon[10] - Connections segment accounted for approximately 90% of FY 2024 revenue[11]

Acquisition and Portfolio Optimization - Emerald acquired This is Beyond and Insurtech Insights, expecting approximately $40 million in Revenue and $15 million in Adjusted EBITDA in 2025[10] - The company is strategically shifting its portfolio towards high-growth industry categories through acquisitions and discontinuing underperforming events[10] - Emerald has completed and integrated over 30 acquisitions over the last decade, deploying over $900 million in capital[20] Financial Performance and Liquidity - Q4 2024 revenues reached $106.8 million[22] - Q4 2024 net income was $5.1 million, resulting in a diluted income per share of $0.03[22] - Q4 2024 Adjusted EBITDA, excluding insurance proceeds, was $32.6 million[22] - Free cash flow for Q4 2024 was $17.9 million[22] - As of December 31, 2024, Emerald had $194.8 million in cash and cash equivalents and full availability on a $110 million revolver[22] Capital Allocation and Dividends - Emerald repurchased $8.4 million of its common stock in Q4 2024[10] - The Board of Directors declared a dividend of $0.015 per share for the quarter ending March 31, 2025[10] 2025 Guidance - Full Year 2025 revenue is projected to be in the range of $450 to $460 million[10] - Adjusted EBITDA for Full Year 2025 is expected to be in the range of $120 to $125 million[10]