SEATTLE, May 01, 2025 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, will hold a conference call on Thursday, May 15, 2025, at 5:45 p.m. Eastern Time to discuss its financial results for the first quarter ended March 31, 2025, as well as review ongoing initiatives and anticipated 2025 milestones. Banzai Founder & CEO Joe Davy and Interim CFO Alvin Yip will host the confer ...

SEATTLE, April 22, 2025 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ:BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, today announced that it has issued 1,048,920 shares of common stock to Alco Investment Company ("Alco"), pursuant to an exercise notice for Pre-Funded Warrants received on September 20, 2024 for a purchase price of $3.89. On September 20, 2024, the Company completed a private placement of securities pur ...

Financial Data and Key Metrics Changes - Total revenue for the full year 2024 was $16.7 million, representing a 267% annual growth compared to 2023's standalone revenue of $4.6 million [6][38] - Annual recurring revenue (ARR) for Q4 2024 was $6.8 million, reflecting a 54% annualized growth rate compared to Q3 2024 [12][36] - Full year 2024 adjusted EBITDA was negative $6.5 million, an improvement from negative $11.9 million in 2023 [13][38] - Net loss for Q4 2024 was $7.8 million, compared to a net loss of $6.4 million in Q4 2023 [37] Business Line Data and Key Metrics Changes - The Videlo subsidiary generated $6.1 million in revenue and $1.5 million in net income in 2024 [20] - OpenReel delivered $6.3 million in revenue and $0.1 million in net income in 2024 [21] - The consolidated video business unit, including Videlo and OpenReel, had pro forma revenues of $16.7 million in 2024, marking a 267% growth compared to Bonsai's standalone revenue in 2023 [18] Market Data and Key Metrics Changes - Bonsai's customer base grew from 2,700 customers at the end of 2023 to over 90,000 as of March 31, 2025 [14][27] - The company serves a variety of industries, including healthcare, financial services, e-commerce, technology, and media in over 90 countries [28] Company Strategy and Development Direction - The company is focused on building an AI-powered marketing platform and consolidating mission-critical MarTech products [16][29] - The growth strategy includes a "land and expand" model, targeting a 10% cross-sell rate per business unit in 2025 [30][31] - The company aims to integrate newly acquired products to enhance customer experience and drive upsell opportunities [48][52] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about achieving pro forma revenue of nearly $20 million in 2025, reflecting a 19% increase from 2024 [42] - The company has minimal exposure to geopolitical and tariff risks, positioning it well for substantial revenue growth in 2025 [43][106] - Management highlighted the importance of operational efficiency and customer relationships in achieving profitability [100][102] Other Important Information - The company completed a $20.3 million debt repayment, which is expected to benefit net income and shareholders' equity in 2025 [7][12] - The acquisition of Acton Software is projected to increase revenue by $27 million for the full year 2025 on a pro forma basis [14][24] Q&A Session Summary Question: What are your top strategic priorities for 2025? - The primary focus is on integrating products to work seamlessly together, enhancing customer experience and enabling upsell opportunities [48][52] Question: When will Q1 2025 results be released? - Q1 results are expected to be out on May 15, 2025 [53] Question: How is the integration with new acquisitions going? - Integration is progressing well, with cross-sales already occurring among products [70] Question: What is the market traction for Reach 2.0%? - Market traction has been good, with larger customers showing interest and existing customers cross-selling [61] Question: How has the company been impacted by tariffs? - The company has minimal exposure to tariffs, and they may even create a positive tailwind by driving demand for efficiency in marketing [106]

Exhibit 99.1 Banzai Reports Fourth Quarter and Full Year 2024 Financial Results Revenue of $16.7 Million on a Consolidated, Pro-forma Basis for the Twelve Months Ending December 31, 2024, Representing 267% Annual Growth; Exceeded Guidance of $10 Million by 67% Q4 2024 Adjusted Net Loss Improved by $7.8 Million from ($9.2) Million in Q4 2023 to ($1.4) Million, Bringing the Company Closer to Profitability Management to Host Fourth Quarter and Full Year 2024 Results Conference Call Today, Tuesday, April 15, 20 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39826 Banzai International, Inc. (Exact name of Registrant as specified in its Charter) Delaware 85-3118980 (State or other jurisdict ...

SEATTLE, April 08, 2025 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ:BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, today announced that Joe Davy, Founder & CEO, and Alvin Yip, CFO, will present at the Emerging Growth Conference on April 17, 2025. Emerging Growth Conference Details: Date:Thursday, April 17, 2025Time:1:45 p.m. Eastern Time (10:45 a.m. Pacific Time)Webcast Registration:https://goto.webcasts.com/starthe ...

Fully Satisfies Outstanding Debt Obligations to Key Vendors and Delivers Material Benefit to Net Income and Shareholders' Equity SEATTLE, April 07, 2025 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ:BNZI) ("Banzai" or the "Company"), a leading marketing technology company that provides essential marketing and sales solutions, today announced that it has paid off approximately $20.3 million of outstanding debt obligations in total through the first quarter of 2025. The Company completed the debt rep ...

Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as "believe," "may," "will," "estimate," "target," "continue," "anticipate," "intend," "expect," "should," "would," "propose," "plan," "project," "forecast," "predict," "potential," "seek," "future," "outlook," and similar variations and expressions. Forward-looking statements are those that do not relate ...

Core Insights - Banzai International, Inc. reported preliminary unaudited revenue of $17.5 million for the year ended December 31, 2024, exceeding guidance by 75% and representing a 285% increase year-over-year [2][3][4] Revenue Results - The preliminary unaudited revenue of $17.5 million includes full-year revenue from the recently closed acquisitions of Vidello and OpenReel, contributing significantly to the overall growth [3][7] - The revenue growth was primarily driven by strong organic growth and contributions from the Vidello and OpenReel acquisitions, which added approximately $13 million in revenues [7][8] Stockholders' Equity Improvement - As of February 28, 2025, Banzai's total stockholders' equity increased by approximately $22.3 million, improving from a deficit of $22.8 million on September 30, 2024, to approximately ($0.5) million [5][8] Acquisition Progress - The company is making progress toward closing the acquisition of Act-On Software, Inc., with a definitive agreement announced on January 23, 2025 [6]

Core Insights - Banzai International, Inc. reported preliminary unaudited revenue of $17.5 million for the year ended December 31, 2024, exceeding guidance by 75% and representing a 285% increase year-over-year [2][3][4] Revenue Results - The preliminary unaudited revenue of $17.5 million includes full-year revenue from the recently closed acquisitions of Vidello and OpenReel, contributing significantly to the overall growth [3][7] - The revenue growth was primarily driven by strong organic growth and contributions from the Vidello and OpenReel acquisitions, which added approximately $13 million in revenues [7][8] Stockholders' Equity Improvement - Banzai's stockholders' equity increased by approximately $22.3 million from a deficit of $22.8 million on September 30, 2024, to approximately ($0.5) million as of February 28, 2025 [5][8] Acquisition Progress - The company is making progress toward closing the acquisition of Act-On Software, Inc., with a definitive agreement announced on January 23, 2025 [6][8]