Welcome to our dedicated page for Nexxen International news (Ticker: NEXN), a resource for investors and traders seeking the latest updates and insights on Nexxen International stock.
Overview of Nexxen International
Nexxen International (NEXN) is a global advertising technology platform renowned for its data-driven approach and expertise in advanced TV. Operating as a unified platform, Nexxen integrates a demand-side platform (DSP), supply-side platform (SSP), data management platform (DMP), and ad server, providing a seamless connection between advertisers, agencies, digital publishers, and broadcasters. The platform is engineered to streamline the entire media supply chain, ensuring efficiency across planning, activation, monetization, and measurement. With deep industry knowledge and exclusive data insights, Nexxen empowers its clients to achieve targeted outcomes and improved advertising returns.
Comprehensive Technology and Integrated Solutions
At the heart of Nexxen's technological edge is its proprietary Discovery platform, which unearths exclusive data insights and uncovers unique audience segments such as the Hispanic and Latine electorate in swing states. By harnessing advanced TV and programmatic advertising technologies, Nexxen delivers flexible, customized solutions that connect brands with receptive audiences. Its integrated technology stack not only supports traditional advertising models but also addresses the evolving demands of modern digital and streaming environments.
Business Model and Operational Excellence
Nexxen’s business model is built on a robust ecosystem that facilitates both media buying and selling. By offering a centralized, streamlined interface to discover, visualize, and activate premium media inventory, the company helps its partners avoid inefficiencies and optimize returns on advertising investments. Revenue is generated through multiple channels such as service fees from platform activities and partnerships within an ever-expanding global marketplace. The company’s ability to operate in diverse regions including America, APAC, and EMEA further consolidates its market position and underscores its adaptability to regional market nuances.
Industry Expertise and Market Differentiation
The competitive landscape in advertising technology is marked by rapid innovations and shifts in consumer behavior. Nexxen distinguishes itself by seamlessly combining creative optimization with data analytics, ensuring that every ad is both highly relevant and strategically placed. The exclusive data assets and insights provided by Nexxen allow for enhanced targeting precision and more effective audience segmentation. Through ongoing initiatives such as proprietary research reports and educational programs like Nexxen U, the company continually equips industry professionals with in-depth knowledge and advanced strategies to tackle the complexities of converged media planning.
Strategic Initiatives and Thought Leadership
Nexxen is not just a platform provider; it is also an active contributor to the wider advertising technology discourse. The company frequently collaborates with industry experts and partners to produce actionable insights and conduct empirical studies that drive the industry forward. These initiatives are designed to refine creative strategies, optimize media spend, and ultimately enhance overall campaign effectiveness across both traditional linear media and digital platforms.
Global Reach and Market Impact
With headquarters strategically located in a tech-forward region and a network of offices spanning the United States, Canada, Europe, and Asia-Pacific, Nexxen maintains a strong global footprint. This international presence ensures that its platform is adaptable to varying market demands and regulatory environments, reinforcing its position as a major player in the ad tech space. The company’s ability to integrate cutting-edge technology with localized market insights positions it as a trusted partner for organizations looking to navigate the evolving media landscape.
Operational Summary
- Integrated Advertising Solutions: Combines DSP, SSP, DMP, and ad serving into a single platform.
- Data and Advanced TV Expertise: Leverages proprietary data to target niche audiences and optimize ad placements.
- Global Operations: Serves key markets across America, APAC, and EMEA, adapting to regional dynamics.
- Innovation and Thought Leadership: Drives industry evolution through research, strategic initiatives, and educational programs.
Nexxen International thus stands out for its comprehensive, innovative, and data-focused approach. The platform is built to demystify media complexities and deliver enhanced performance across the media ecosystem, making it a critical asset for clients who value precision and operational efficiency in advertising.
Nexxen International (AIM/NASDAQ: NEXN) has announced two presentations to discuss proposed stock exchange and trading structure changes that shareholders will vote on at the December 20, 2024 AGM. The key changes include:
- Converting Nasdaq-listed ADRs to Nasdaq-listed Ordinary Shares
- Terminating the ADR facility
- Implementing a two-for-one reverse stock split
- Delisting from AIM to trade exclusively on Nasdaq
The company will host presentations for U.S. investors on December 12, 2024 (9:00 AM ET) and U.K. investors on December 16, 2024 (2:00 PM GMT). Both presentations will include Q&A sessions and will be accessible through the company's investor relations website.
Nexxen (NEXN) reported strong Q3 2024 financial results with record Q3 Contribution ex-TAC of $85.5 million, up 12% year-over-year. The company achieved significant growth in CTV revenue, which increased 52% to $29.7 million. Adjusted EBITDA grew 49% to $31.6 million, with margin expansion to 37% from 28% in Q3 2023. The company reaffirmed its full-year 2024 Contribution ex-TAC guidance of $340-345 million and raised Adjusted EBITDA guidance to approximately $107 million. Nexxen maintains a strong financial position with $166.5 million in net cash and a $90 million undrawn credit facility.
Nexxen International (AIM/NASDAQ: NEXN) announces its participation in the RBC Global Technology, Internet, Media and Telecommunications Conference on November 19, 2024, in New York. CEO Ofer Druker will lead a fireside chat at 1:20 PM ET, which will be available via live webcast.
The event will be accessible through Nexxen's investor relations website under 'Events and Presentations' and will remain available for replay for approximately one year. Nexxen, headquartered in Israel, operates as a flexible advertising technology platform specializing in data and advanced TV, offering unified technology stack including DSP and SSP platforms with the Nexxen Data Platform at its core.
Nexxen International (AIM/NASDAQ: NEXN) has scheduled the release of its third quarter 2024 financial results for November 15, 2024, before U.S. market opening. The company will host a webcast and conference call at 6:00 AM PT / 9:00 AM ET / 2:00 PM GMT to discuss results and outlook. The event will be accessible via webcast from Nexxen's Investor Relations website, with dial-in options available for U.S./Canada, U.K., and international participants.
Nexxen has launched Deal Marketplace, a new feature within its demand-side platform, Nexxen DSP. The marketplace provides a centralized interface for advertisers to discover, visualize, and activate preferred deals across connected TV, online video, and display advertising. The platform offers access to premium supply inventory with advanced audience-targeting capabilities, including TV Audiences segments, content-level targeting, and CTV high-attention options. Deal Marketplace incorporates contextually curated private marketplace deals and aims to improve efficiency in campaign planning and execution through data-backed decision making.
Nexxen, a global advertising technology platform, has been named a preferred platform for Kinective Media, United Airlines' new traveler media network. This partnership extends United Airlines' first-party data from customers and MileagePlus loyalty program members to advertisers using Nexxen's DSP or SSP for activation across premium offsite CTV, linear, and digital content.
The collaboration allows brands to reach travelers with tailored, real-time messages, enhancing connection and loyalty. Nexxen's first-party data onboarding solution in the Nexxen Data Platform enables brands like United Airlines to open new revenue streams by enhancing media networks' offsite solutions.
Early results show that Kinective Media helped brands reach 64% more luxury travelers than those available through other third-party travel data partners. The partnership is already yielding positive results for Nexxen's advertiser clients, including retail and lifestyle brands.
Nexxen, a global advertising technology platform, has released 'The Pivotal Electorate' report, offering insights into Hispanic/Latine voters ahead of the 2024 U.S. election. Using its proprietary Discovery platform, Nexxen analyzed online content engagement of this influential voter bloc in swing states and across the U.S.
Key findings include:
- Arizona Hispanic/Latine voters prioritize gun control, immigration, and reproductive rights
- Nevada voters focus on COVID-19 cases and price-gouging
- Content consumption varies by generation: Boomers+ prefer in-depth analysis, Millennials favor simplicity, and Gen Z is drawn to sensationalism
- Sports content appeals to the 25+ demographic, while younger generations engage with fandom and fantasy sites
The report aims to help advertisers and campaigns better understand and connect with Hispanic/Latine voters through more personalized messaging.
Nexxen International (NEXN) reported strong Q2 2024 financial results, with record Contribution ex-TAC of $83.1 million, up 4% year-over-year. The company achieved 27% year-over-year Adjusted EBITDA growth to $26.8 million, expanding Adjusted EBITDA Margin to 32% from 26% in Q2 2023. Nexxen also reported record Q2 programmatic revenue of $78.6 million and CTV revenue of $28.2 million, up 3% and 14% year-over-year, respectively.
The company reaffirmed its full-year 2024 guidance, expecting Contribution ex-TAC between $340-$345 million and Adjusted EBITDA of approximately $100 million. Nexxen launched a new $50 million Ordinary Share repurchase program and fully repaid its outstanding $100 million long-term debt in Q2 2024. The company also introduced the Nexxen Data Platform, enhancing its data licensing and commerce media opportunities.
Nexxen, a global advertising technology platform, has announced a strategic data partnership with The Trade Desk. This collaboration will provide The Trade Desk's advertisers with access to exclusive automatic content recognition (ACR) data segments from Nexxen. The integration offers advanced cross-channel and cross-device targeting capabilities for more efficient media investment across the premium, open internet.
Nexxen's ACR data segments will be directly available on The Trade Desk's platform as its first self-service TV data provider in the U.K., Canada, U.S., and Australia. The data segments are categorized by genres, networks, programs, and brand-level ad exposure, offering comprehensive TV-viewing data. This partnership aims to help advertisers better understand audience TV viewership patterns and inform cross-platform investments.
Nexxen International (AIM/NASDAQ: NEXN), a global advertising technology platform, will release its Q2 2024 financial results on August 22, 2024, before the U.S. market opens. The company will host a webcast and conference call at 6:00 AM PT / 9:00 AM ET / 2:00 PM BST to discuss the results and outlook.
Investors can access the live and archived webcast from the Events and Presentations section of Nexxen's Investor Relations website. Conference call dial-in numbers are provided for U.S./Canada, U.K., and international participants. Nexxen, headquartered in Israel with global offices, offers a unified technology stack including a DSP, SSP, and data platform, focusing on advanced TV and data-driven advertising solutions.
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