Kaltura (KLTR) 2025 Conference Summary Company Overview - Kaltura is a leading provider of video technology, offering solutions for enterprises, educational institutions, and media companies globally. Their platform supports various applications, including virtual events, corporate communications, online learning, and streaming TV [1][3]. Core Business and Product Offerings - Kaltura's mission is to create AI-infused, hyper-personalized video experiences that enhance customer and employee engagement [3]. - The Kaltura Video Experience Cloud serves three main markets: 1. Enterprise Video Content Management (EVCM) and Online Video Platform (OVP) 2. Virtual events and webinars 3. Cloud TV software [6][7]. - The platform includes a video portal, LMS integrations, virtual event systems, conferencing products, and TV streaming applications [8][9]. Customer Base and Market Penetration - Kaltura serves over 850 large organizations, powering more than 10 million active users, including major companies like Amazon, Nvidia, and Salesforce [17][18]. - The company claims to cover 50% of R1 schools in the U.S. for various video-related needs [18]. - Kaltura has a long-standing relationship with Vodafone, extending their partnership for another ten years [18]. Financial Performance and Market Trends - Kaltura has maintained growth even during challenging market conditions, with a focus on profitability. The company reported a negative cash flow of $47 million in 2022 but expects to achieve $15 million in adjusted EBITDA for the current year [31][34]. - The company has seen a shift in its revenue streams, with non-media use cases (marketing, sales, training) performing better than media-related revenues [20][27]. - The average annual recurring revenue (ARR) is increasing as customers consume more products and use cases [19]. Future Outlook and Strategic Initiatives - Kaltura aims to double its adjusted EBITDA by 2026, targeting a long-term goal of at least 10% revenue growth and 20% adjusted EBITDA [34][35]. - The company is focusing on AI-infused experiences to enhance content creation and delivery, which is expected to drive future growth [23][39]. - Kaltura is positioned to capitalize on the rebound of the video market post-COVID, with increasing budgets and a hybrid workforce [36][37]. Competitive Landscape - Kaltura differentiates itself through deep API integration, flexibility, and a comprehensive platform that reduces vendor complexity [21][22]. - The company sees opportunities for consolidation in a fragmented market, where many smaller vendors are struggling [41][42]. - Kaltura's average revenue per unit (ARPU) for enterprise customers is significantly higher than competitors like Vimeo, indicating a strong position in the enterprise segment [57]. Conclusion - Kaltura is well-positioned to leverage its technology and customer base to capture growth in the evolving video market. The focus on AI and hyper-personalization, combined with a robust financial strategy, suggests a positive outlook for the company moving forward [49][50].

Core Insights - Vodafone Group PLC and Kaltura have extended their partnership to enhance the Kaltura-powered Vodafone TV solution, which has been operational since 2014 and serves millions of subscribers across eight markets [1][2][4] Company Overview Vodafone - Vodafone is a leading telecom company in Europe and Africa, serving over 340 million mobile and broadband customers across 15 countries, with investments in five additional countries and partnerships in over 40 [6] - The company operates one of the largest IoT platforms globally, with 205 million IoT connections, and provides financial services to approximately 88 million customers in seven African countries [6] Kaltura - Kaltura aims to create AI-infused hyper-personalized video experiences to enhance customer and employee engagement [7] - The Kaltura Video Experience Cloud includes a platform for enterprise and TV content management, along with various AI-driven video products such as Video Portals and TV Streaming Applications [7] Partnership Developments - The extended partnership will focus on evolving the current Vodafone TV solution by enhancing capabilities and functionalities, expanding subscriber reach, and exploring new AI-infused products to improve user engagement and operational efficiency [3][5] - Both companies emphasize the strength of their collaboration and the scalability of the Vodafone TV platform and Kaltura's technology [4][5]

Core Insights - Kaltura has been selected by Telestream as the exclusive partner for migrating customers from the Sherpa Stream platform, which will go offline by the end of 2025, ensuring a seamless transition to Kaltura's enterprise-grade video solutions [1][2][3] Company Overview - Kaltura's mission focuses on creating AI-infused hyper-personalized video experiences that enhance customer and employee engagement, offering a wide range of products including Video Portals, LMS and CMS Video Extensions, Virtual Events, and TV Streaming Applications [5] - Telestream has been a leader in digital media innovation for nearly three decades, providing solutions that streamline media operations across the entire lifecycle, from capture to distribution [6] Migration Details - A joint task force has been established by Telestream and Kaltura to provide dedicated onboarding support, ensuring a smooth transition for customers, with migrations starting this quarter and educational webinars running through December 2025 [4] - Kaltura's platform is recognized for its AI-driven capabilities and global support, which will benefit Sherpa Stream customers by providing robust analytics and a scalable video strategy [3][4] Strategic Partnership - The partnership between Kaltura and Telestream is aimed at empowering customers to unlock new opportunities in corporate communications, learning, training, live events, knowledge sharing, and cross-enterprise collaboration [1][2] - Kaltura was chosen due to its deep enterprise expertise and commitment to customer success, making it a future-ready solution for Telestream's customers [2][3]