财务数据和关键指标变化 - 公司在Q2实现了贡献扣除广告成本(contribution ex-TAC)83.1百万美元,同比增长4%,环比增长19% [39] - 程序化广告收入为78.6百万美元,同比增长3%,环比增长20% [39] - 非程序化业务线的贡献扣除广告成本略有同比增长 [39] - 公司在Q2实现了调整后EBITDA26.8百万美元,同比增长27%,环比增长126% [48] - 调整后EBITDA率从Q2 2023的26%提升至32% [49] - 公司在Q2产生了20.9百万美元的经营活动现金流,去年同期为11.9百万美元 [50] - 截至6月30日,公司有1.519亿美元的净现金,并有9000万美元的未提取的循环信贷额度 [50] - 公司在Q2回购了约250万普通股 [51] 各条业务线数据和关键指标变化 - CTV业务收入为28.2百万美元,同比增长14%,环比增长50%,占程序化收入的36%,去年同期为32% [41][42] - 视频收入占程序化收入的74%,同比增长,主要由于CTV收入增长超过程序化收入增长 [44] - 显示广告贡献扣除广告成本同比增长14% [45] - 移动广告贡献扣除广告成本同比增长5% [45] - 数据产品贡献扣除广告成本同比增长57% [45] - 私有市场交易(PMP)贡献扣除广告成本同比增长29% [45] 各个市场数据和关键指标变化 - 公司在Q2新增86个首次活跃广告客户,包括60个企业自助客户和2个独立代理商 [33] - 公司在Q2新增78个新的供应商合作伙伴,其中74个在美国 [33] 公司战略和发展方向及行业竞争 - 公司将数据置于战略中心,通过整合Amobee提升了数据能力 [14][15] - 公司推出了Nexxen Data Platform,提供全栈端到端的数据解决方案,增强了竞争优势 [19][20][21][22][23] - 公司与Stagwell和United Airlines等建立了新的战略合作伙伴关系 [24][26][27] - 公司开始在数据许可业务上获得新的收入机会,如与The Trade Desk的ACR数据许可合作 [28][29] - 公司加强了政治广告业务的解决方案,预计将在Q4获得更多收益 [30][31][32] - 公司将继续投资于GenAI和机器学习,以提升数据、受众、洞察和激活工具的有效性 [37][58] 管理层对经营环境和未来前景的评论 - 公司认为已经到达了业务的拐点,执行能力的提升和数据平台的优势正在推动客户增加支出和采用公司的全栈产品 [34][35] - 公司对下半年和未来的发展前景保持乐观,预计将实现收入和利润的加速增长 [53][54][55][56][57][59] - 公司将继续专注于产品创新、销售和营销投入,以确保保持当前的良好势头 [58] 其他重要信息 - 公司已完全偿还了1亿美元的长期债务,现金头寸充沛 [50][51][52] - 公司将继续实施股票回购计划,以应对当前股价被认为低于合理价值的情况 [51][52] 问答环节重要的提问和回答 问题1 **Matt Swanson提问** CTV业务增长的动力是什么,是来自于更多采用公司的高端解决方案,还是市场上CTV广告供给的增加使得价格更加亲民? [64] **Ofer Druker回答** 公司多年来一直重点发展CTV业务,目前有几个原因推动了CTV收入的增长: 1) 市场环境有所好转,广告客户更愿意投放在CTV渠道,而不是之前转向成本更低的其他渠道 [65] 2) 公司为CTV提供了大量的工具和技术,使客户能够更好地进行定位、测量,加上公司拥有广泛的优质CTV广告源,为客户带来了更好的效果 [66][67] 3) 公司最近推出的数据管理平台和VIDAA的ACR数据进一步增强了CTV业务的能力 [66] 问题2 **Sagi Niri回答** 公司目前的调整后EBITDA率在30%左右,未来有望进一步提升。这得益于规模效应的发挥、成本效率的提升,以及数据许可业务等高毛利业务的增长 [101][102][103][104][105] 问题3 **Ofer Druker回答** 公司在商业媒体领域的策略是,不会单纯成为数据交易商,而是将数据与媒体资源结合,为广告主和发布商提供更有价值的解决方案。一方面利用数据提升DSP的定向能力,另一方面帮助发布商利用数据提升受众销售能力 [110][111][112][113] 在CTV方面,公司看到程序化交易和直接交易并存,会根据客户需求提供灵活的解决方案 [115][116][117]

业绩总结 - Nexxen在2024年第二季度取得了创纪录的贡献额，节目化收入和CTV收入，Adjusted EBITDA在2024年第二季度同比增长27%[42][44] - Record Q2 Contribution ex-TAC为26.8百万美元，同比增长4%[43] - Record Q2 Programmatic Revenue同比增长3%[45] - Record Q2 CTV Revenue同比增长14%[46] - 2024年第二季度，公司净收入为2,916千美元，同比增长152%[67] - 非IFRS调整后的净收入为12,584千美元，同比增长35%[67] - 非IFRS摊薄每股收益为0.09美元，同比增长37%[67]

Nexxen International (NASDAQ:NEXN) just reported results for the second quarter of 2024. Nexxen International reported earnings per share of 18 cents. This was above the analyst estimate for EPS of 9 cents. The company reported revenue of $88.58 million. This was 4.71% better than the analyst estimate for revenue of $84.59 million. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways includin ...

Innovation, including a real-time political dashboard, complements full-stack solution to drive performance, create efficiency and mitigate data loss Nexxen SSP selected as News Corp's preferred SSP for political PMP deals NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Nexxen, a global, unified advertising technology platform with deep expertise in video and Connected TV ("CTV"), today announced the launch of key tools for political advertisers, providing them with advanced controls and unique audience data to ...

Innovation, including a real-time political dashboard, complements full-stack solution to drive performance, create efficiency and mitigate data loss Nexxen SSP selected as News Corp’s preferred SSP for political PMP deals NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Nexxen, a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), today announced the launch of key tools for political advertisers, providing them with advanced controls and unique audience data to ...

Nexxen International Ltd. (NASDAQ:NEXN) Q1 2024 Earnings Conference Call May 20, 2024 9:00 AM ET Company Participants Billy Eckert - VP, IR Ofer Druker - CEO Sagi Niri - CFO Conference Call Participants Matthew Condon - JMP Matthew Swanson - RBC Capital Markets Laura Martin - Needham Andrew Marok - Raymond James Mark Kelley - Stifel Operator Welcome to Nexxen's earnings call for the three months ended March 31, 2024. At this time, participants are in a listen-only mode, with a question-and-answer session to ...

| --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------| | | | | | Nexxen First Quarter 2024 Earnings Call | | | | © 2024 Nexxen International. All rights reserved. Confidential information of Nexxen. May 20, 2024 © 2024 Nexxen International. All rights reserved. Confidential information of Nexxen. | | | Introduction to Speakers & Safe H ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commissi ...

Nexxen International Ltd. (NASDAQ:NEXN) Q4 2023 Earnings Conference Call March 6, 2024 9:00 AM ET Company Participants Billy Eckert - Vice President, Investor Relations Karim Rayes - Chief Product Officer Ofer Druker - Chief Executive Officer Sagi Niri - Chief Financial Officer Conference Call Participants Matt Swanson - RBC Capital Markets Laura Martin - Needham Andrew Marok - Raymond James Matt Condon - JMP Eric Martinuzzi - Lake Street Mark Kelley - Stifel Operator Welcome to Nexxen’s Earnings Call for t ...

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