OTRA INFORMACIÓN RELEVANTE
AGILE CONTENT, S.A.
Bilbao, a 17 de abril de 2024
Muy señores nuestros,
En virtud de lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso de mercado y en el artículo 227 de la Ley 6/2023, de 17 de marzo, de los Mercados de Valores y de los Servicios de Inversión, así como en la Circular 3/2020 del segmento BME Growth de BME MTF Equity (en adelante "BME Growth"), ponemos en su conocimiento la siguiente información relativa a AGILE CONTENT S.A. (en adelante "Agile Content" o "la Sociedad"):
Otra Información Relevante
AGILE CONTENT adjunta la presentación de resultados anuales del ejercicio 2023 del webcast online dirigido a inversores, analistas y personas interesadas realizado en el día de hoy, miércoles 17 de abril de 2024 a las 11:00 h CET. La presentación y la grabación del mismo también estará disponible en la sección de "Accionistas e Inversores" de la página web de AGILE CONTENT.
Adicionalmente, la Sociedad informa que el Anexo 21 de la presentación del Informe de Gestión 2023, publicado el 10 de abril de 2024 como Otra Información Relevante, contenía erratas en algunas tablas que se han subsanado en los anexos de la presentación adjunta.
De conformidad con lo dispuesto en la Circular 3/2020 de BME Growth se señala que la información comunicada ha sido elaborada bajo la exclusiva responsabilidad de la Sociedad y sus administradores.
Quedamos a su disposición para cuantas aclaraciones consideren oportunas.
Atentamente,
D. Hernán Scapusio
Presidente
AGILE CONTENT S.A.
http://www.agilecontent.com | http://www.agile-tv.es
2023 Results
Presentation
April 17, 2024
- 2023 ResultsPresentation
Disclaimer
The information in this financial performance statement has been prepared by Agile Content and includes financial information taken from the interim financial statements of Agile Content, S.A. and its subsidiaries for the period ended on 31th December 2023, audited by EY (Ernst & Young), as well as statements regarding future prospects
The information and statements regarding future prospects for Agile Content are not historical facts but rather are based on a range of assumptions, and are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of Agile Content. Accordingly, shareholders and investors should be aware that such risks could mean the actual results and developments differ materially from those set out, implied or projected in the forward-looking information and forecasts
Save for the financial information referred to herein, neither the information nor the opinions and statements in this document have been verified by independent third parties, and therefore no warranty is expressed or implied as to the fairness, accuracy, completeness or correctness of the information or the opinions and statements expressed
This document does not constitute an offer or an invitation to acquire or take up shares, in accordance with the provisions of Royal Legislative Decree 4/2015, of 23rd October, which approves the revised text of the Securities Market and its implementing regulations. Furthermore, this document does not constitute an offer to buy, sell or exchange, or a request for an offer to buy, sell or exchange, any securities, or a request for any vote or approval in any other jurisdiction
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- 2023 ResultsPresentation
Index
- 2023 Highlights
- Revenues Structure
- Agile TV Platform & Agile TV Technologies
- EBITDA & Balance Sheet
- ESG
- 2023 Guidance Achievement
- 2024 Guidance Commitment
- New Management Structure
- Closing remarks
- Q&A
- Appendices
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- 2023 ResultsPresentation
2023 Results Highlights
Outstanding improvement in Value.
Replicating the Success of TV Platform Beyond Spain.
Boosting Innovation in TV Technologies delivered under SaaS Business Model.
Consolidating a Unique and Efficient Operational Model.
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- 2023 ResultsPresentation
2023 Financial Highlights
Revenues | EBITDA | NFD5 | NFD/EBITDA | OFCF6 |
€102.6M | €14.1M | €23.1M | 1.6x | €7.0M |
Var. 2022 IFRS1: 1.0% | Var. 2022 IFRS1: 21.7% | Var. 2022 IFRS1: (€0.5M) | Vs. 2022 IFRS1: (0.4x) | Var. 2022 IFRS1: 42.9% |
Net Revenues3:€64.1M | Var. 2022 PGC2: 19.5% | Var. 2022 PGC2: (€0.7M) | Vs. 2022 PGC2: (0.4x) | Var. 2022 PGC2: 44.3% |
€17.3M Ex. Earn-Outs4 | 1.2x Ex. Earn-Outs4 |
- IFRS: International Financial Reporting Standard.
- PGC (Plan General Contable): General Accounting Plan.
- Net Revenues: Company revenues less the cost of content management.
- Part of the debt derived from the acquisition of companies, and which can be paid in shares without cash payment.
- Net Financial Debt.
6. Operating Free Cash Flow. | 5 |
- 2023 ResultsPresentation
IFRS: Limited effect of the change in accounting criteria
Figures expressed in thousand euros | 31/12/2023 | 31/12/2023 | % Var. 23 | Figures expressed in thousand euros | 31/12/2022 | 31/12/2022 | % Var. 22 |
(IFRS) | (PGC) | IFRS/PGC | (IFRS) | (PGC) | IFRS/PGC | ||
Revenues | 102,566 | 102,566 | 0.0 | Revenues | 101,511 | 101,511 | 0.0 |
EBIT
3,117 | (1,359) | c.s. | EBIT |
866 | (3,693) | c.s. |
Net Profit | 1,146 | (3,110) | c.s. | Net Profit | (724) | (5,053) | (85.7) |
EBITDA | 14,080 | 12,301 | 14.5 | EBITDA | 11,572 | 10,293 | 12.4 |
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- 2023 ResultsPresentation
2023 Revenues Structure
Consolidated Organic Growth
TV Platform Growing at faster pace Boosting the Recurrent Revenues (ARR)1.
Revenues | Agile TV | Recurrent |
Technologies | ||
75% | ||
€102.6M | 38% | |
Vs. 2022 IFRS: 1.0%
Net Revenues2 | Business | Predictability |
€64.1M
Agile TV Platform | Non Recurrent |
62% | 25% |
- Income coming from contracts related to TV Platform and Software Subscriptions, Technical Support and Maintenance from Video Technologies with contracts equal or longer to one year.
- Removing the Revenues coming from the Content Management with Our Customers
- Net Revenues
RoW | APAC | |
2.5% | ||
Latam | 5.0% | |
6.7% |
Rest of
Europe
8.3%
Geographies (3) | Spain |
52.8% | |
North
America
24.6%
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- 2023 ResultsPresentation
2023 Agile TV Platform: Revenues €63.3M at 4.5% Growth
- Proof and Sustainable Business Model.
- TV Service as part of the "Telco Providers Super Aggregation".
- Solid Improvement in Scalability, Robustness, Usability and Openness.
- 23 Brands along Spain, Italy, Finland and Brazil passing more than 4 Million Homes.
- Circa 840,000 Households already serviced by Agile TV Platform.
- Healthy Pipe moving from Tier 1 TV Telecom Providers to Green Field Operations.
- Focus on Platform, Applications and Services rather than Content.
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- 2023 ResultsPresentation
2023 Agile Video Technologies: Revenues €39M at 4.1% Drop
- Hyperscale Vendors and SaaS transforming the Video Content Driven Infrastructure.
- Revenues affected by the path from Hardware to SaaS (Applications + Services).
- Value Closer to End User: Agile Device Management for Telcos and Enterprises.
- Common Background and Technologies embedded in the Agile TV Platform.
- Solid Agile Content Base with +120 Customers and 18 out of Top 50 European Telcos.
- New Logos and Outstanding Multi year Maintenance Contracts Renewal.
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Agile Content SA published this content on 17 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2024 09:39:02 UTC.