Core Insights - Nexxen has launched Nexxen U, a global education program focused on linear, Connected TV (CTV), and digital convergence, featuring industry experts from various companies [1][2] - The program aims to address the knowledge gap among CTV and digital buyers, with 56% of surveyed buyers feeling they have little-to-no knowledge of programmatic linear advertising [3] - Nexxen U's designed outcomes include building cross-channel media plans and understanding current industry challenges and opportunities [4] Group 1: Program Overview - Nexxen U is a first-of-its-kind education initiative aimed at enhancing knowledge in converged media for buyers [1] - The program includes an Honors Council of industry thought leaders to shape Nexxen's product roadmap and create value for clients [2] Group 2: Industry Challenges - A survey conducted by Nexxen revealed that only 37% of buyers feel "very comfortable" in creating programmatic linear, CTV, and digital video plans [3] - The survey also indicated that 48% of buyers can only dedicate one hour or less per week to learning about these topics [3] Group 3: Educational Goals - The program's outcomes focus on equipping students with the skills to tackle identity, media waste, and measurement challenges in media planning [4] - Courses will be supplemented with exclusive research reports, playbooks, and webinars to enhance learning [4] Group 4: Industry Perspective - Industry leaders emphasize the importance of holistic campaigns for audience-centric reach, highlighting the complexities involved [6] - KINESSO's commitment to simplifying media, data, and measurement aligns with Nexxen's educational initiatives [6] Group 5: Company Background - Nexxen operates a flexible advertising technology platform that integrates a demand-side platform (DSP) and supply-side platform (SSP) [6] - The company is headquartered in Israel and has a global presence with offices in the United States, Canada, Europe, and Asia-Pacific [7]

Core Insights - Nexxen has appointed Carine Spitz as Vice President of Sales and Client Services for the West Coast, aiming to enhance engagement with premium brands and holding companies [1][4] - Spitz brings over 20 years of industry experience, particularly in online video, and has established connections across various sectors including entertainment, media, technology, telecommunications, automotive, and quick service restaurants [2][3] - The company emphasizes its flexible advertising technology platform, which integrates a demand-side platform (DSP) and supply-side platform (SSP), with a focus on data and advanced TV capabilities [5] Company Overview - Nexxen is a global advertising technology platform that empowers advertisers, agencies, publishers, and broadcasters to utilize data and advanced TV effectively [5] - The company’s technology stack includes a robust data platform that supports discovery, planning, activation, monetization, measurement, and optimization [5] - Nexxen is headquartered in Israel and has offices in the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ [6] Leadership and Vision - Carine Spitz is recognized for her strategic vision and client-first mindset, which aligns with Nexxen's mission [4] - Spitz expressed enthusiasm about joining Nexxen, highlighting the company's commitment to flexible advertising solutions and its data-centric offerings [4] - The leadership at Nexxen believes Spitz will play a crucial role in shaping the company's future success [4]

Company Performance - Nexxen (NASDAQ: NEXN) shares have increased by over 80% since the initial bullish coverage in April, indicating strong market confidence in the company [1] - The positive market reaction was driven by accelerated growth in Q3 earnings, particularly due to contributions from Connected TV (CTV) [1] Analyst Background - The analyst has over 10 years of experience in investment banking and focuses on undercovered companies, with a watchlist of more than 50 companies across technology, software, electronics, and energy transition sectors [1] - The analyst has a Master's degree in Electrical Engineering and currently works as an automotive battery R&D engineer in Sweden, providing a technical perspective on investment opportunities [1] Investment Strategy - The analyst aims to identify asymmetric investment opportunities in small to mid-cap companies, seeking to achieve market-beating returns through diligent research and analysis [1]

Financial Data and Key Metrics Changes - In Q3 2024, the company generated contribution ex-TAC of $85.5 million, achieving a 12% growth from Q3 2023 [40] - Adjusted EBITDA was $31.6 million, reflecting a 49% year-over-year increase from Q3 2023 [47] - The adjusted EBITDA margin increased to 37% from 28% in Q3 2023 [48] - The company reported non-IFRS diluted earnings per ordinary share of $0.14 in Q3 2024 compared to $0.09 in Q3 2023 [49] Business Line Data and Key Metrics Changes - Programmatic revenue was $81.6 million in Q3, reflecting a 10% growth from Q3 2023 [40] - CTV revenue generated $29.7 million, representing a 52% growth from Q3 2023, and accounted for 36% of programmatic revenue, up from 26% in Q3 2023 [42] - Contribution ex-TAC from display grew 21% year-over-year, while self-service contribution ex-TAC increased 15% [45] - Contribution ex-TAC from PMP grew 52% and contribution ex-TAC from mobile grew 4% year-over-year [45] Market Data and Key Metrics Changes - The company observed strength in CTV, video, display, mobile, and PMPs, with increases across 10 of 11 industry verticals, particularly in governance, finance, health, and automotive [41] - A year-over-year decrease was noted in the travel vertical [41] Company Strategy and Development Direction - The company aims to incorporate GenAI across its platform to enhance tech and data capabilities [16][34] - The strategy focuses on connecting robust data solutions to a flexible platform to improve customer outcomes [13] - The company is positioned as a leader in CTV advertising data and technology, capitalizing on the growth in ad-supported TV content [25] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing to accelerate growth, expecting strong performance in Q4 2024 and 2025 [38][52] - The company plans to boost data and technology investments to enhance platform differentiation and advantages [54] - Management highlighted the importance of data in driving campaign performance and achieving better results [73] Other Important Information - The company announced a new $50 million ordinary share repurchase program expected to begin on November 19 [50] - Proposed changes to the stock exchange structure aim to attract U.S. investors and reduce regulatory complexity [57][58] Q&A Session Summary Question: How does the company get customers to see the new Nexxen and its capabilities? - Management highlighted the Discovery tool as a powerful means to connect and integrate data sets, allowing advertisers to learn about audiences and measure results effectively [62][64] Question: What factors contributed to the strong growth in CTV? - Growth was attributed to advanced technology, an increasing publisher list, and partnerships that enhanced media acquisition [66][68] Question: Why do end-to-end platforms have an advantage despite slower growth compared to single-sided platforms? - Management emphasized the efficiency, privacy, and data synchronization benefits of a fully functional end-to-end solution [72][77] Question: What are the expectations for political contributions in Q4? - Management indicated that political contributions would not be material but expected a record annual contribution based on current trends [84] Question: What is the outlook for CTV growth compared to PMP growth? - Management noted that while CTV is growing rapidly, PMP will continue to be larger due to its broader scope [91]

© 2024 Nexxen International. All rights reserved. Confidential information of Nexxen. Nexxen Third Quarter 2024 Earnings Call November 15, 2024 Introduction to Speakers & Safe Harbor Statement This presentation has been prepared by Nexxen International Ltd. (the "Company" or "Nexxen"). This presentation and the accompanying oral presentation contain forward-looking statements. These statements may relate to, but are not limited to: statements regarding anticipated financial results for full year 2024, full ...

Generated 12% year-over-year Contribution ex-TAC growth in Q3 2024, fueled by record Q3 CTV revenue which increased 52% year-over-year Achieved 49% year-over-year Adjusted EBITDA growth in Q3 2024 while expanding Adjusted EBITDA Margin as a percentage of Contribution ex-TAC to 37% from 28% in Q3 2023 Reaffirming full year 2024 Contribution ex-TAC guidance and raising full year 2024 Adjusted EBITDA guidance NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or ...

Nexxen International Ltd. NEXN will release earnings results for its third quarter, before the opening bell on Friday, Nov. 15.Analysts expect the Tel Aviv-Yafo, Israel-based bank to report quarterly earnings at 13 cents per share, down from 18 cents per share in the year-ago period. Nexxen projects to report revenue of $88.65 million for the recent quarter, compared to $80.09 million a year earlier, according to data from Benzinga Pro.On Aug. 22, Nexxen International posted better-than-expected sales for t ...

NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, will release its financial results for the three and nine months ended September 30, 2024, before the U.S. market opens on Friday, November 15, 2024. The Company will host a webcast and conference call at 6:00 AM PT / 9:00 AM ET / 2:00 PM GMT on the same date to discuss its financial results and o ...

Nexxen International Ltd. Sponsored ADR (NEXN) shares soared 9.6% in the trading session on Thursday to close at $8.66. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.2% gain over the past four weeks. The stock is gaining from the company's strengthened momentum following its rebrand, enhanced sales performance, expanding CTV partnerships, and more favorable market conditions. This company is expected to post quarterly earning ...

Nexxen International Ltd. Sponsored ADR (NEXN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years ...