Nexxen International Ltd (NAS:NEXN)
$ 6.43 0.04 (0.63%) Market Cap: 464.05 Mil Enterprise Value: 339.95 Mil PE Ratio: 0 PB Ratio: 0.87 GF Score: 60/100

RhythmOne plc, Taptica International Ltd - M&A Call Transcript

Apr 12, 2019 / 12:00PM GMT
Ofer Druker

Hello. I am Ofer Druker, Chief Executive Officer of Taptica International Ltd. I was appointed CEO of the group earlier this month, following completion of the Taptica merger with RhythmOne. Previously, I was Executive Chairman of Tremor Video DSP, Taptica brand's advertising division. I am delighted to be able to provide an update on our business post-completion of the merger with RhythmOne. But first, to give you an idea of the scale of Taptica pre-merger, let's turn to the next slide.

Taptica is a highly cash-generative business, and in the year ended 2018, Taptica, as a standalone, generated revenues of $276.9 million; adjusted EBITDA of $44.1 million, which was significantly ahead of the expectation that was set at the outset of the year; achieved gross profit of $111.4 million; with the net cash inflow of $37.5 million.

The group also closed the year with $54.4 million in cash, a very strong performance indeed. Before the merger with RhythmOne, Taptica has approximately 1,300 international clients, some of which are world-leading brands and was successful in 2018 in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot