Criteo 101
Investor Presentation
May 2021
Safe Harbor Statement
This presentation contains "forward-looking" statements that are based on our management's beliefs and assumptions and on information currently available to management. Forward-looking statements include information concerning our possible or assumed future results of
operations, business strategies, financing plans, projections, competitive position, industry environment, potential growth opportunities, potential
market opportunities and the effects of competition and other actions by our counterparties. Importantly, at this time, there is uncertainty regarding the timing and scope of proposed changes to and enhancements of the Chrome browser announced by Google. In addition, the COVID-19 pandemic is still having a significant impact on Criteo's business, financial condition, cash flow and results of operations. There are significant uncertainties about the duration and extent of the impact of the virus. The dynamic nature of the Chrome- and COVID-19 related circumstances means that what is said in this presentation could materially change at any time.
Forward-looking statements include all statements that are not historical facts and can be identified by terms such as "anticipates," "believes,"
"could," "seeks," "estimates," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," "would" or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements represent our management's beliefs and assumptions only as of the date of this presentation, and nothing in this presentation should be regarded as a representation by any person that these beliefs or assumptions will take
place or occur. You should read the Company's most recent Annual Report on Form 10-K filed on March 2, 2020, and in subsequent Quarterly
Reports on Form 10-Q, including the Risk Factors set forth therein and the exhibits thereto, as well as future filings and reports by the Company, completely and with the understanding that our actual future results may be materially different from what we expect. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future.
This presentation includes certain non-GAAP financial measures as defined by SEC rules. As required by Regulation G, we have provided a reconciliation of those measures to the most directly comparable GAAP measures, which is available in the Appendix slides. Reconciliations also are available in our earnings release for the fourth quarter and fiscal year 2020, which is available on our website at www.criteo.com.
2
Stock Information & Key Financials
Ticker:CRTO
Stock Exchange: | NASDAQ Global Market |
CUSIP:226718104
Shares issued*: | 66.4M |
Share capital structure*:
Founders, NEOs, Management & Employees
4%
Treasury stock
8%
Free float
87%
* As of March 31, 2021
3 ** At constant currency
- Include Retail Media, Audience Targeting, Omnichannel
FY 2020 Financials
Revenue: | $2,073M, -8%** |
Revenue ex-TAC: | $825M, -13%** |
Adjusted EBITDA: | $251M, -17%** |
Adjusted EBITDA margin: | 30% of Revenue ex-TAC |
Free Cash Flow: | $120M, 48% of adj. EBITDA |
Revenue ex-TAC by Solutions
New solutions***
~20%
Core solution
~80%
Investment Thesis
Compelling Vision | Large TAM | Competitive Moats | Track-Record | Attractive | ||||||||
Financial Profile | ||||||||||||
& Transformation | ||||||||||||
The | $60B+ market | 1st-Party Media Network | Return to growth | |||||||||
World's Leading | opportunity | Fast-growing new | ||||||||||
1P Commerce Data | ||||||||||||
solutions | Solid profitability | |||||||||||
Commerce Media | across the open Internet | |||||||||||
Broad consumer reach | ||||||||||||
Platform for Brands, | supported by massive | Strong cash flow | ||||||||||
High client retention | ||||||||||||
Unique Retail Media | ||||||||||||
Marketers & Retailers | ecommerce tailwinds | Strong balance sheet | ||||||||||
AI Tech for Commerce | Increased ecommerce | |||||||||||
Large global client base | focus and investment | |||||||||||
4
Differentiated Assets Uniquely Position Us for Success In Commerce Media
1st-Party | 1st-Party | Retail | Insights & | Global Presence |
Consumer Reach | Commerce Data | Media | Measurement | & Financial Profile |
Matched non-cookie
identifiers for 2.5B+ users globally
Preferred access to
5,000 premium publishers
on Open Internet
Exclusive access to large retailers' on-siteinventory and 1P data
First-partydata on
- 20,600+ commerce clients
- $2.5B+ daily transactions
- 4B product SKUs
- 3,500 product categories
Unique opportunities for brands to advertise on retailers' on-site media
Profitable revenue stream for large retailers
Industry first self-service transparent Retail Media
Platform
Ability to measure against product sales at Product SKU level
Commerce Insights to
bring together organic
shopping data with paid media metrics
20,600+ clients
across 100+ markets worldwide
Return to growth, Solid margin, Strong cash flow
and strong Balance Sheet
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original document
- Permalink
Disclaimer
Criteo SA published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 17:25:03 UTC.