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Nexxen International(NEXN) - 2025 Q2 - Earnings Call Presentation
2025-08-13 13:00
Financial Performance - Nexxen achieved a Contribution ex-TAC of $87.8 million, a 6% year-over-year increase[16, 17] - Programmatic revenue reached $85.0 million, up 8% year-over-year[17] - CTV revenue was $28.4 million, a 1% year-over-year increase[17] - Adjusted EBITDA increased by 12% year-over-year to $29.9 million[17, 26] - Adjusted EBITDA Margin was 34%, compared to 32% in Q2 2024[17] - Non-IFRS Diluted EPS was $0.29[18] - Net cash from operating activities was $17.4 million[18] - Cash and cash equivalents totaled $131.5 million as of June 30, 2025[18] Strategic Initiatives and Investments - Nexxen is investing an additional $35 million in VIDAA to accelerate their North American CTV expansion[8, 21] - Approximately 3.9 million shares were repurchased in Q2, representing an investment of approximately $39.1 million[21] Future Outlook - Nexxen reaffirms its full-year 2025 guidance, projecting Contribution ex-TAC of approximately $380 million and Adjusted EBITDA of approximately $125 million[22] - The company anticipates that 90% of its 2025 revenue will come from programmatic sources[22]