The document summarizes theScore's Q2 2019 earnings webcast. It discusses the company achieving revenue of $6.8 million in Q2 2019 compared to $7.1 million in Q2 2018. While Q1 2019 was strong, Q2 saw lower direct sales and softness in programmatic advertising. Expenses increased due to developing a sports betting business, with the company on track to launch a mobile sportsbook in New Jersey in mid-2019. User engagement was high with record mobile app sessions. The document also provides an overview of the company's product, content and social media growth as well as financial details for Q2 and the first half of 2019.
An introduction to the company behind leading mobile sports apps theScore and theScore eSports, as well as free-to-play fantasy sports game QuickDraft.
theScore is an independent creator of mobile sports experiences. This presentation from October 20, 2016 recaps the company's Q4 and F2016 Year-End results.
I-Bytes Telecommunication, Media & TechnologyEGBG Services
This document brings together a set of latest data points and publicly available information relevant for Telecommunication, Media & Technology Industry. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication.
Presentation delivered on January 13, 2021 for theScore's Q1 F2021 earnings. For the transcript of this presentation, please visitor our investor relations page at scoremediaandgaming.com.
This document brings together a set of latest data points and publicly available information relevant for Insurance. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
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This document brings together a set
of latest data points and publicly
available information relevant for
Retail & Consumer good. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
An introduction to the company behind leading mobile sports apps theScore and theScore eSports, as well as free-to-play fantasy sports game QuickDraft.
theScore is an independent creator of mobile sports experiences. This presentation from October 20, 2016 recaps the company's Q4 and F2016 Year-End results.
I-Bytes Telecommunication, Media & TechnologyEGBG Services
This document brings together a set of latest data points and publicly available information relevant for Telecommunication, Media & Technology Industry. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication.
Presentation delivered on January 13, 2021 for theScore's Q1 F2021 earnings. For the transcript of this presentation, please visitor our investor relations page at scoremediaandgaming.com.
This document brings together a set of latest data points and publicly available information relevant for Insurance. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
This document brings together a set of latest data points and publicly available information relevant for Energy. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Retail & Consumer good. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
Financial Results for the Fiscal Year Ended March 2019KDDI
Statements made in these documents with respect to the KDDI Group‘s performance targets, projected subscriber numbers, future forecasts and strategies that are not historical facts are forward-looking statements about the future performance of the KDDI Group, based on company’s assumptions and beliefs in light of the information available at the time they were made. They therefore include certain risks and uncertainties. Actual results can differ from these statements due to reasons including, but not limited to, domestic and overseas economic trends, competitive position, formulation, revision or abolition of laws and ordinances, regulations or systems, government actions or intervention and the success or lack thereof of new services.
Consequently, please understand that there is a possibility that actual performance, subscriber numbers, strategies and other information may differ significantly from the forecast information contained in these materials or other envisaged situations.
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Similar to theScore Q2 F2019 Earnings Presentation (20)
2. 2
All statements other than statements of historical facts included in this
presentation may constitute forward-looking information and are based on
the best estimates of Management of the current operating environment.
These forward-looking statements are related to, but not limited to,
theScore’s operations, anticipated financial performance, business
prospects and strategies. Forward looking information typically contains
statements with words such as ‘‘anticipate’’, ‘‘believe’’, ‘‘expect’’, ‘‘plan’’,
‘‘estimate’’, ‘intend’’, ‘‘will’’, ‘‘may’’, ‘‘should’’ or similar words suggesting
future outcomes. These statements reflect current assumptions and
expectations regarding future events and operating performance as of the
date of February 28, 2019.
4. • Achieved revenue in Q2 F2019 of $6.8 million versus $7.1 million in Q2 F2018.
• Very strong Q1 for the Company was followed by quarter with lower direct sales and industry-wide softness in
the programmatic advertising space.
• Seeing very good early momentum in Q3 with strong sales in the quarter to date.
• Revenue for the first half of F2019 was $16.3 million versus $15.5 million for the same period in F2018.
• EBITDA loss in Q2 F2019 was $2.2 million versus a loss of $0.5 million in the same period the previous year.
• Increase in EBITDA loss for the quarter primarily the result of increased sports betting-related expenses.
4
Q2 F2019 Overview
5. • Total average monthly active user sessions of theScore mobile app
on iOS and Android reached a new Q2 record of 395 million in Q2
F2019.
• An average of 97 sessions-per-user-per-month on a base of 4.0
million average monthly app users.
• Testament to highly-engaging app experience and our ability to
acquire and retain higher quality users.
5
Q2 F2019 Overview
6. 6
• theScore is on schedule to launch mobile sportsbook in mid-
2019 in New Jersey, subject to receiving all required licenses
and approvals.
• Significant focus in Q2 on product development and set-up of
operational infrastructure.
• Since sports betting was legalized in New Jersey in mid-June
last year, almost $2B has been wagered there, with mobile and
online sports betting revenue accounting for four times the
amount wagered in retail sportsbooks. (Source: Associated
Press, March 2019).
• Unique combination of sports media and sports betting will
provide a truly differentiated offering.
• theScore also supports plans by Ontario government to legalize
online gaming in the province, including its call to legalize
single-event wagering at the federal level.
Sports Betting Update
8. 8
• Made further enhancements to theScore’s social features.
• Incorporated betting polls into public chat, allowing
fans to engage around over/under and moneyline
predictions.
• Added ability to comment on articles in-app.
• Continued to expand our sports betting content and data
offering.
• Expanded our sports betting tab, which was launched
with NFL in Q2, to NBA and NCAA basketball matchup
pages. Includes a quick view of odds, lines, and other
sports betting-related content at-a-glance.
• Focus for Q3 F2019 will be further expansion of betting tab
into NHL and MLB sections, as well as adding support for
events including Women’s World Cup and Copa America
Soccer.
• theScore app nominated for a Webby Award in the Best
Sports App category.
Product and Content
9. 9
• Expanding our sports betting editorial coverage
with new hires in advance of launch of sports
betting platform.
• Enhancing coverage capability in select areas,
including combat sports and college sports.
• Released new instalment of theScore X video
series featuring Austin Rivers; also
experimenting with new video content formats.
Product and Content
10. 10
• Achieved average monthly reach of ~95 million users during
Q2, including a new single month record of ~118 million users
in January, propelling theScore to fourth position for top U.S.
sports media on social.
• Engagement on our social channels is also leading to
advertising opportunities there, with recent deals struck with
brands including Werner Ladder, Subway, Tim Hortons, and
Disney.
• theScore’s Instagram account shortlisted for Best Sports Social
at The Webby Awards, described as ‘the leading international
award honoring excellence on the internet.’ Winners
announced April 23
• theScore Instagram was also named as a finalist in the
Cynopsis Sports Media Awards for Best Use of Instagram.
Winners announced April 25.
Product and Content
11. 11
• theScore esports video content continued to
demonstrate strong year-over-year growth in Q2
F2019.
• Total video views were 39.2 million, up 93%
YoY.
• Total watch minutes for theScore’s YouTube
channel were 260 million, growth of 190% YoY.
• Channel subscribers now surpass 700,000.
Product and Content
13. Financials
13
Q2 F2019 Q2 F2018
Revenue $6,776 $7,099
Operating Expenses $9,754 $8,643
EBITDA $(2,189) $(519)
• Revenue for Q2 F2019 was $6.8 million versus $7.1 million for the same period the previous year. Revenue decrease for the quarter was the
result of lower direct sales following a very strong Q1 and industry-wide softness in the programmatic advertising space.
• Revenue for the first half of F2019 was $16.3 million versus $15.5 million for the same period in F2018.
• Seeing very good early momentum in Q3 with strong sales in the quarter to date.
• Growth in expenses loosely driven by development of sports betting business.
• Finished Q2 F2019 with cash of $8.3 million and $5 million revolving credit facility (undrawn).
1H F2019 1H F2018
Revenue $16,251 $15,450
Operating Expenses $19,090 $17,430
EBITDA $(1,222) $14