Nexxen Share Discussion Threads

[tractorhead] 20/2/2024 23:02

What has happened to Gdog?

I haven't seen him post here or on LSE for a long time.

Gdog are you out there? Are you still invested?

[tsmith2] 20/2/2024 14:56

Q4 and FY23 results and update date announcement later on this week/early next week?

[tsmith2] 19/2/2024 16:00

meaty buys and sells and share price ticks up nicely

[gadgie2] 19/2/2024 14:51

Teads is still giving me a itch esp now they have tied in with Vidaa ..or perhaps that was the link and not Nexxen ?

[tapa7] 19/2/2024 14:43

With regards to the recent news and partnership with peerlogix, my 2 cents:

We already have a discovery tool that used to belong to Amobee and is in fact likely to be more developed and more powerful than the one of Peerlogix given the reach that it has built over the years.

hxxps://www.amobee.com/research-insights/audience-discovery/
hxxps://nexxen.com/nexxen-discovery/

I'd think all this partnership does is just expanding on that segment so we can leverage our platform to its maximum to take advantage of political spends towards year end and go to the market with a proposition around the lines of "Trump why don't you use our discovery tool, find out who is watching Biden's videos, set up a campaign targeting that custom audience and push/brainwash them with a bunch of display and ctv ads showing how inapt he is for another term? We at Nexxen can take care of all of that for you"

This is a perfect political weapon for candidates to go grab other candidate's votes..or the votes of those who aren't yet sure who to vote for.
Of course it is still extremely valuable for any brand to be able to create a custom audience based on what people are seeing online across a bunch of devices but the jackpot this year is really the US campaigns.

[gadgie2] 19/2/2024 14:36

30 plus documents added nice PM read :)

[ragos] 19/2/2024 14:31

Tractor,
FYI, it is president's day in US. Fed Holiday, nasdaq exchange closed, so data not accurate today.


R

[tractorhead] 19/2/2024 13:30

2 x OTC trades that Yahoo does not appear to pick up.

[tractorhead] 19/2/2024 13:08

Something wierd...

On Yahoo Finance NEXN showing 5213 shares traded today but on here it say 80,000+

Yahoo usually very accurate.

Perhas just a glitch in Yahoo system.

[ragos] 18/2/2024 17:46

I sincerely hope that you, gadgie etc are right and I am wrong!
It would be a very nice surprise.

R

[muthadrucker] 18/2/2024 17:41

Ofer did mention dropping the aim listing. The dual listing hasn’t helped Nexxen but I suspect they’re not in a strong enough position yet to apply for full Nasdaq. That will be the goal no doubt and hopefully we won’t have to wait too long

[muthadrucker] 18/2/2024 17:09

With regard to our peers, I think it’s a question of interpretation. I don’t feel inclined to produce a detailed analysis. Suffice to say if you had invested in most of them 3 or 4 years ago you’d be worse off today. TTD being the exception

[ragos] 18/2/2024 16:51

Gadgie,
I am very much aware we are in the same boat! And latching to your posts for some hope.

I am looking for a safe way off as I don't think much of the captain! LOL!

One poor sailor on his todd can't mutiny!

We are all waiting... some more optimistic than others.

As usual time will tell but many will not be around to see it.

Mud,
Re our peers, Not so! I have looked at the financials of many in our sector, most have grown their revenues, cash piles. We are, by a long chalk, the worst and yet ofer makes all these claims, deals, excuses. We face the same headwinds, they make headway, we don't. Emailing them is a waste of electricity!

R

R

[brimach1] 18/2/2024 16:30

cadgie.

Besides Nexxen’s exclusive harvesting of VIDAA’s ACR and viewership data from all Hisense OEM TV sets (those with the VIDAA’ operating system installed, geo limits permitting), the platform still needed to address a viewership and data gap from that universe beyond the exclusiveness of the Hisense/VIDAA partnership. To this end, Nexxen’s agreement with PeerLogix is big and it is extremely meaningful in that it addresses, what has hitherto been, a need to offer a broader and more holistic source of that data, for advertisers.

muthadruker, another two astute post.

By the end of this year, for me, Nexxen needs to have attracted new and bigger players onto its platform and be growing its top and bottom line meaningfully.

Existentially, this year, from 2Q24 onwards, Nexxen must, repeat MUST, perform. Ofer Druker made that ‘performance’ point clear at the Needham Growth Conference back in January.

Incidentally, those who listened to that conference interview may recall Ofer Drukers response to a question from the floor (the question itself was indiscernible), it was asked about 30min in I think, where in answer he stated that, eventually, Nexxen would de-list from AIM.

[tractorhead] 18/2/2024 16:28

Mthadrucker, if you can be bothered could I you tell a bit more about TTD busines model; how it differs from Nexxen and why it is proving so successful. Will it continue?

Appreciate your input if you have time!

[muthadrucker] 18/2/2024 15:19

There is no reason to be optimistic on Nexxen right now, similar to back in the day when R1 merged with Taptica. That happened to turn out well in 2021 but these were freakish circumstances and most tech companies caught a wave. Unfortunately that wave crashed and here we are again in a re-building phase. After some dire earnings calls and shocking guidance through 2022/23 we are overdue a positive TU. That’s what we got in January 2021 and we could see a positive trajectory. We’re 6 weeks into the new year and they have absolutely nothing to say. This may ultimately turn out well, but as I say, right now there is no reason for optimism. As for our peers, only TTD are blazing a trail. The rest are all struggling, even Perion, despite its cash pile, has lost it’s shine. BTW TTD is a DSP not an SSP, but there’s a lot more to their business model than that

[gadgie2] 18/2/2024 15:15

Ragos don't forget we are on the same boat I'm just trying to pull in a different direction ... glass full actually pouring over

[ragos] 18/2/2024 14:23

gadgie,
You come out every week with new go-faster stripes.
Doesn't make a lame duck go faster, just COSTS you more money!

Have a look on yahoo.co.uk/finance
Compare TTD, MGNI, PERI and any body else you fancy.
The wooden spoon is firmly nexxen's, whichever way you cut it.

Digi, Glad to hear you are able to take some off the table, can't wait to do the same.

R

[gadgie2] 18/2/2024 12:05

Our partnership with Nexxen represents a significant advancement in the evolution of advertising to streaming audiences, introducing a more holistic approach in today’s complex media landscape by uniting PeerLogix’s robust viewership data with Nexxen’s market-leading platform,” said William Gorfein, Chief Executive Officer at PeerLogix. “This strategic partnership is a pivotal step forward which offers clients unparalleled insights and enhanced precision in the targeting of streaming audiences, bridging the gap between linear and streaming channels via the Nexxen platform to engage diverse television audiences.”

[gadgie2] 18/2/2024 12:03

This deal alone is potentially massive :


Nexxen International Ltd. announced the augmentation of its TV Intelligence solution with exclusive aggregated and scaled premium streaming viewership data from platforms like Netflix, Hulu and Disney Plus. As streaming services continue to gain traction, a new partnership with PeerLogix, Inc. - the audience discovery platform recognized as the standard in tracking over-the-top ("OTT") data across smart TV, desktop and mobile - further enables brands and advertisers leveraging Nexxen's platform to reach as many as 50 million households, empowering them to effectively target a unified TV audience. Using proprietary technology, PeerLogix captures and catalogues global consumer viewership data from various leading CTV platforms in real-time.

Integrated with traditional television viewership data (to which Nexxen also has exclusive access), these comprehensive segments enhance Nexxen's TV Intelligence solution - an expansive dataset inclusive of Set-Top Box ("STB"), Automatic Content Recognition ("ACR") and cross-screen panel data - so advertisers can craft and reach personalized audiences based on a variety of factors, such as genre or viewing habits.

[muthadrucker] 18/2/2024 11:16

Many here share your frustration. The maths is simple. Nexxen has gone from delivering revenue of 300m with 600 people to delivering the same with 900. Hence Ebitda and FCF have crashed. We thought they had a scalable end2end platform that could grow revenue at little extra cost but as a result of Alphonso and the acquisition of Amobee the opposite is true. The acquisition of Amobee took them to 1500 staff which was trimmed back to 900. That would be fine if the revenues were 450m+. Maybe they’ll surprise us with 450m revenue this year and all will be well

[digitalis] 18/2/2024 11:12

Ragos…….I’m not going to tell you to calm down as I have felt the same for the last few quarters…̷0;.I’m pleased to say i have got rid of a third of my holdings here and that cash has gone into more stable investments……..the next figures will dictate what I do with the next third of my holding here………I’m not reassured by management capabilities to date!

[ragos] 17/2/2024 19:52

And another thing,
We are supposed to have a full stack ssp,data and dsp.
We are getting kicked to hell by a supposed 1 legged man (ttd being only ssp)?

If it was not so tragic, it would be funny.

And there is sfa small pis can do other than throw in the towel.


R

[ragos] 17/2/2024 19:42

looking at the income statement on yahoo finance for the trailing twelve months,
we see that revenue is static for the last 3 years. (around 330m)
Selling expenses has gone from 223m to 291m leading to a LOSS of at ~10m.
That's 70m of selling expense for ZERO revenue!!!
On top of that we now have to pay nearly 10m in interest, something we did not do before.

So now we are showing a full year loss of 20m.

Before, we had ~300m cash and no debt, now the money is gone and we have debt!
WTF are tosca, mitaq and schroder playing at?

THEY must throw ofer and sagi out!

R

[takeiteasy] 17/2/2024 17:35

A great example of an advertiser leaning into retail media is Samsung in Canada. A large percentage of Samsung's device and appliance sales take place through carriers and retailers. In order to understand how advertising is influencing consumer purchases in those channels, they needed a way to unlock their first-party data and combine it with retail data. Working with their agency, Starcom, we helped Samsung develop what they call the Samsung sales measurement tool on our platform.
When buyers make a purchase, they are prompted to open an account with Samsung and opt-in to marketing and engagement. With the right permission, Samsung can then look back through their marketing activations across masses of consumers and start to attribute campaign activities to different stages of the purchase funnel.
This helped Samsung be much more precise with their campaign activities looking forward. Working with us, they can attribute the effectiveness of marketing directly on sales 19x more effectively than they were previously......
.....In particular, Kokai represents a completely new way to understand and score the relevance of every ad impression across all channels. It allows advertisers to use an audience-first approach to their campaigns, targeting their audiences wherever they are on the open Internet. Our AI optimizations, which are now distributed across the platform, help optimize every element of the ad purchase process.



TTD excited about how well Samsung are using their platform....on results just out...how much of their technology is unique versus what we have - wish I knew in more detail etc