Azerion Results Presentation Deck
Key messages
Delivering on consolidation strategy and realising platform synergies
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Solid strategy delivery
Q2 Net revenue of €122m driven by strong growth in
Platform segment. Q2 Adjusted EBITDA €18.5m
H1 Net revenue of €235m driven by strong growth in
Platform segment. H1 Adjusted EBITDA €27.2m
Upgraded expected annualised cost savings to at least
€20m from at least €15m (excluding any effects from
foreign exchange)*
Completed sale of social card games portfolio
Reconfirm full year 2023 guidance of at least €75m
Adjusted EBITDA
azerion *The expected savings are compared to the January 2023 baseline.
Strong financial performance
~122M
Net revenue
Q2 2023
YOY +17%
~235M
Net revenue
HT 2023
YOY +18%
~19M
Adj EBITDA
Q2 2023
YOY +58%
~27M
Adj EBITDA
H1 2023
YOY +55%
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