NASDAQ$NEXN
Nexxen International Ltd · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Nexxen Q1 2025: record $75M contribution ex-TAC, adjusted EBITDA up 95%
Nexxen International reported Q1 2025 results on May 14, 2025 for the three months ended March 31, 2025. Revenue grew 5% to $78.3 million while contribution ex-TAC reached a record $75.0 million, up 8% year over year. Programmatic revenue rose 10% to $71.8 million and CTV revenue surged 40% to $26.4 million, now 37% of programmatic revenue. Adjusted EBITDA more than doubled to $23.1 million with margin expanding to 31% on a contribution ex-TAC basis. Non-IFRS diluted EPS was $0.16 versus $0.02 a year ago. The company held $164.7 million in cash and completed a $50 million share repurchase program while launching a new $50 million buyback in April.
- Revenue of $78.3M (+5% YoY); record contribution ex-TAC of $75.0M (+8%)
- CTV revenue grew 40% to $26.4M, reaching 37% of programmatic revenue
- Adjusted EBITDA surged 95% to $23.1M with 31% margin on contribution ex-TAC
- Non-IFRS net income was $10.6M; non-IFRS diluted EPS of $0.16 vs $0.02 prior year
- Completed $50M share repurchase and launched new $50M program; $164.7M cash at quarter end
Headline financials
Revenue & EPS history
Nexxen International · Revenue · Quarterly
$78.3M
Revenue by segment
Nexxen International · $98.2M total across 2 segments · Q1 2025
- Programmatic revenue$71.8M—73.1%
- CTV revenue$26.4M—26.9%
Forward guidance
Nexxen reaffirmed FY 2025 guidance targeting contribution ex-TAC of approximately $380 million and adjusted EBITDA of approximately $125 million.
Tailwinds
- Record Q1 programmatic and CTV metrics with 95% adjusted EBITDA growth
- Trading structure simplification driving higher volume and investor interest
Headwinds
- Management noted some Q2 market softness in the broader ad-tech environment
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q1 2025
-3.1%
Avg return
Earnings day
-4.7%
Avg return
5 days after
-11.3%
Avg return
30 days after
50%
8 / 16 earnings
Positive
+28.0%
Q4 2024
Best reaction
-33.9%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.3% | +7.7% | +15.2% | |
| Q4 2025 | +3.7% | +14.4% | +2.5% | |
| Q3 2025 | -21.3% | -16.8% | -16.9% | |
| Q2 2025 | +1.5% | -1.1% | +0.1% | |
| Q1 2025 | -5.7% | -9.2% | -19.3% | |
| Q4 2024 | +28.0% | +10.8% | +4.2% | |
| Q3 2023 | +7.7% | -4.5% | +28.0% | |
| Q2 2023 | -33.9% | -33.5% | -38.8% | |
| Q1 2023 | +8.2% | +0.9% | -46.6% | |
| Q4 2022 | -16.2% | -23.6% | -27.9% | |
| Q3 2022 | -26.4% | -23.5% | -18.4% | |
| Q2 2022 | -21.7% | +3.1% | -12.2% | |
| Q1 2022 | -1.8% | +4.0% | -15.6% | |
| Q4 2021 | +21.5% | +0.2% | -4.9% | |
| Q3 2021 | -8.3% | -14.6% | -29.4% | |
| Q2 2021 | +13.0% | +11.3% | -0.5% |
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