QYOU Media (QYOU.F) Update / Briefing Transcript

Summary of Conference Call Company and Industry Overview - The conference call primarily discusses QMedia and its subsidiary Chatterbox, focusing on their operations in the creator economy and influencer marketing sectors [2][8][9]. Key Points and Arguments 1. Quiet Period and Communication Strategy - The company has been in a quiet period, limiting public relations and investor relations activities until the final prospectus for Chatterbox is approved [2][3]. - A more proactive communication strategy is expected post-approval, with monthly updates planned [4][3]. 2. Approval of Draft Red Herring Prospectus - The company received approval for the draft red herring prospectus, a significant milestone in the listing process on the BSE Limited MSE Exchange [5][6]. - The approval process has been lengthy, particularly challenging in the Indian market [5][6]. 3. Focus on Creator Economy - The current fiscal quarter marks a renewed focus on the creator economy and influencer marketing, which is seen as a major growth area [8][9]. - The company has established relationships with Fortune 500 clients and is witnessing increased traction in marketing campaigns [9][10]. 4. Global Trends in Influencer Marketing - There is a global shift towards influencer marketing, with brands increasingly allocating budgets to this area [10][11]. - Unilever's announcement to spend 50% of its marketing budget on influencer marketing highlights the growing importance of this sector [19][20]. 5. Market Projections - The Economic Times of India projects that consumer spending influenced by the creator economy will reach $1 trillion by 2030 [22][23]. - The company aims to leverage this growth by expanding its operations in North America and India [24][22]. 6. Operational Changes and Financial Outlook - The company has divested from its broadcast channel business in India, focusing on streaming channels and the creator economy [17][18]. - Q3 results are expected to reflect the renewed focus, with a short-term dip in revenue anticipated due to previous business operations [18][27]. - The company believes it is undervalued, trading at only 50% of its revenue, and expects improved financial results moving forward [28][29]. 7. Future Plans and Investor Engagement - Plans for increased visibility and investor engagement include a roadshow in Canada and the US [29][30]. - The company aims to enhance communication with shareholders and provide more frequent updates on progress [16][29]. Other Important Content - The company is optimistic about the momentum generated from the approval process and the potential for growth in the influencer marketing space [32][33]. - There is a strong belief that the upcoming IPO will fuel capital into the Chatterbox business, particularly in rapidly expanding markets like India and Southeast Asia [19][20]. - The management team is committed to driving revenue growth and improving EBITDA in the upcoming quarters [21][24].