Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

theScore Q3 F2017 Conference Call Presentation

5,235 views

Published on

theScore CEO John Levy, COO Benjie Levy, and CFO Tom Hearne discuss the mobile sports company's Q3 F2017 earnings.

Published in: Mobile
  • Be the first to comment

  • Be the first to like this

theScore Q3 F2017 Conference Call Presentation

  1. 1. JULY 26, 2017! Q3 F2017!
  2. 2. Forward looking statements 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 May 31, 2017. ! 2
  3. 3. Q3 F2017 OVERVIEW 3
  4. 4. 4 Q3 F2017 Overview ! •  Quarterly revenue of $6.4M, up from $6.1M in F2016.! •  Revenue for first nine months of F2017 of $21.6M versus $18.9M for F2016. ! •  Secured most one of our most lucrative direct deals ever in Canada with Chevrolet. In the US, NBC returned to the app to promote their hockey playoff coverage.! •  Continuing to improve our ad-tech offering to increase sophistication in audience segmentation and viewability. !
  5. 5. Q3 F2017 Overview 5 ! •  Engagement in mobile apps continues to grow year-over-year. ! •  Average monthly app sessions up to 379 million from 358 million, with users opening us on average 92 times a month each. ! Record monthly user engagement for Q3 Average monthly sessions per user Fiscal Year: September 1 – August 31
  6. 6. 6 Q3 F2017 Overview ! •  Live testing news features for theScore app with small percentage of user base.! ! •  Initial feedback and data has been positive. ! •  Rolling out new features to wider audience over the remainder of F2017.!
  7. 7. Product 7
  8. 8. 8 Product Development ! ! ! •  theScore editorial offering already established as a leading voice in the space.! •  Now focusing primarily on growing our video audience and opportunities for monetization.! ! •  Esports is a very young industry, and we’re excited about the potential of gaining an early foothold here.! ! ! !
  9. 9. 9 Product Development •  Great opportunity to capitalize on the growth of ad spending on mobile video. ! ! Source: Recode / Zenith – July 2017 – Ad spending on mobile video will reach $18 billion next year, surpassing desktop
  10. 10. 10 Product Development ! ! •  theScore Bot for Facebook Messenger is the leading independent provider of sports data and news on the platform.! •  Continuing to develop the product by layering in videos and other social content.! •  Working closely with Facebook on being among first to develop new features, including ability for users to ‘pull’ theScore bot into group conversations.! •  Bot remain a young product. Focus for now is growing audience and engagement. ! !
  11. 11. Financials 11
  12. 12. •  Q3-over-Q3 revenue growth of 4%.! •  Growth driven by increased direct advertising sales in Canada! •  YTD revenue growth of 14%.! ! Revenue – Q3 Revenue - YTD $ 21,596 $ 18,930 $ 6,125 F2017 F2016 $ 6,357 Fiscal Year: September 1 – August 31 4% Financials – Revenue Q3 F2017 12 14%
  13. 13. ! •  Bottom line improvement a mix of increased revenue and lower expenses! •  Expense decreases mostly in external content, personnel costs and marketing.! •  Lower expenses in almost all line items! Revenue Operating Expenses EBITDA $ 8,763 $ (1,486) $ (2,981) $ 10,421 $ 6,125 Q3 F2017 Q3 F2016 $ 6,357 Fiscal Year: September 1 – August 31 4% Financials – Q3 F2017 13
  14. 14. •  $5.2 million of tax credits payment received in quarter! •  DSO’s at 96 days.! •  Mix of direct and programmatic, all good quality.! •  Cash use down 35% YTD versus last year.! Cash Current Assets Working Capital $ 20,511 $ 17,373 $ 21,900 $ 27,080 Q3 F2017 Q4 F2016 $ 12,668 Fiscal Year: September 1 – August 31 $ 15,554 Financials – Q3 F2017 14
  15. 15. Q&A

×