Azerion Results Presentation Deck
Key messages and highlights
Platform growth and improved efficiency driving profitability growth of 48% YoY
Solid strategy delivery
• Q3 Net revenue of €109m driven by Platform growth
Q3 Adjusted EBITDA of ~€18m up 48% YoY
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• Increase in Platform revenue and Adj. EBITDA margin YoY
• On track to deliver over €20m of annualised cost savings*
Completed:
Sale of social card game portfolio
• Bond refinancing
Acquisition of Hawk, a multichannel DSP
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YTD Q3 Net revenue of "€343m driven by Platform growth
YTD Q3 Adjusted EBITDA of ~€46m up 52% YoY
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Confirm expected Adjusted EBITDA FY '23 of at least €75m
Net revenue FY 2023 now expected to be around €520m
azerion compared to the January 2023 baseline, excluding any foreign exchange effects
Strong financial performance
~€109 M
Net revenue
Q3 2023
YOY +3%
~€343M
Net revenue
YTD 2023
YOY +13%
~€18m
Adj EBITDA
Q3 2023
YOY +48%
~€46M
Adj EBITDA
YTD 2023
YOY +52%
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