ATEME: First Quarter 2022 Revenue-May 5, 2022 6:00 pm

• € 19.8 million in revenue, up 34% (28% on equivalent basis)
  
  
  

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• Upgrade of financial goals for this year
  

• Creation of a strategic advisory board
  

Integrated data (thousands of euros)	T1 2021		First quarter of 2022 change	2022/2021 [1] change
Comparable foundation
IFRS	EMEA	6,150	6,070	-1%
-2%	USA / Canada	5,290	7,259	+ 37%
+ 28%	latin america	1,725	2,089	+ 21%
+ 14%	Asia Pacific	1,631	4,410	+ 170%
+ 153%	total	14,796	19,828	+ 34%

+ 28%

After the sale of the “Hospitality and Business” business, accounts were created in accordance with the provisions of IFRS 5 dealing with discontinued businesses.

Unaudited T1 number.

• Paris, May 5, 2022
  
  ^{-Ateme (ISIN: FR0011992700) generated € 19.8 million in revenue in the first quarter of 2022, up 34% in its current range and 28% by similar criteria.}
  
  Revenues in the EMEA region are fairly stable at € 6.07 million (down 1% year-on-year, down 2% by similar criteria), despite difficult comparisons, given that 1 recorded a 77% growth. was doing.

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• The 2021 quarter.

• Revenues in the US / Canada region increased 37% to € 7.26 million (28% by similar standards), making it a major market accounting for 37% of total business.

Latin American sales were up 21% to € 2.09 million, up 14% on a comparable basis.

The Asia Pacific region achieved remarkable growth of 170% (153% on a comparative basis) with sales of € 4.4 million and significant contributions from most of the countries where Atme operates, especially Australia, China, India and South Korea. Did. , Malaysia, Singapore, Vietnam.

Monthly recurring revenue (MRR) increased from € 1,960k in January 2022 to € 2,011k in April 2022. Due to seasonal factors, as in the first quarter of 2021, this increase is limited. Fiscal year active.

Revival of the sample

After a two-year hiatus, the industry benchmark show NAB Show reopened in Las Vegas last week. Participation in the overall trade fair was about 60% of the pre-COVID level, but visits to the Ateme stand were very strong, almost 90% of the previous year’s level.

• This was the first opportunity for Atemé to demonstrate the potential of Titan + Nea, an end-to-end OTT delivery solution, to generate strong interest from key US players, current customers, and prospects.

• The highlights are:

• Low-latency OTT streaming in the cloud allows streaming platforms to improve the quality of the subscriber’s experience.

• Monetization through OTT streaming and dynamic ad insertion on NextGenTV. The latest standard for terrestrial television, which reaches 400 million people nationwide.

5G streaming that provides a more engaging audience experience at the stadium.

Innovations in compression, streaming, and delivery solutions reduce carbon dioxide emissions in end-to-end video chains.

First meeting of the Strategic Advisory Board

Ateme held the first meeting of the Strategic Advisory Board. The newly formed membership includes representatives from Comcast, Discovery, Liberty Global, Microsoft Azure and Pearl TV, and will welcome new members to be announced in the coming months.

The Strategic Advisory Board serves as an external advisor to the management of Atem and its Board of Directors. Its mission is to anticipate and address rapidly changing industry needs by reflecting how content is delivered and consumed in situations where fundamental changes are expected as the boundaries of delivery video, player networks and social. Is to help you do. The network continues to converge.

Raising financial targets for this year

Due to the strength at the end of fiscal year 2021, the strong growth in the first quarter, and the spillover effect of the NAB Show, Atem has revised its financial targets upwards. The Group currently expects revenue growth of 15-20% (by similar criteria) for the current fiscal year (compared to previously announced growth of 10-15%) and EBITDA close to € 10 million. doing. Up to 5 million to 10 million euros). We maintain our goal of € 3 million in monthly recurring revenue in 2024.

Michel Artières, Chairman and CEO of Ateme, commented:

“2022 is off to a great start. Eighteen months after the acquisition of Anevia, a powerful combination of end-to-end video streaming technologies is being demonstrated, revising our goals for more than a year. We anticipate future stages of Ateme’s growth and look forward to launching a strategic advisory board. »»

Upcoming events:

July 12, 2022:

Revenue for the second quarter of 2022

About Ateme:

Ateme is a global leader in video compression and delivery solutions that help content providers, service providers and streaming platforms increase viewer and subscriber engagement.

Ateme’s solution leverages the video industry’s unique R & D working group to enable sustainable TV services, improve the quality of the end-user experience, optimize the total cost of service acquisition TV / VOD, and personalize it. Generate new revenue sources based on ad insertion. Ateme’s value proposition is to partner with customers by going beyond technical agility and providing greater flexibility in engagement and business models that match their financial priorities. One of the consequences is the rapid transition to recurring earnings, building resilience of the business, and creating long-term shareholder value.

Founded in 1991, Ateme has 500 employees in its French headquarters and is located worldwide, including the United States, Brazil, Argentina, United Kingdom, Spain, Germany, United Arab Emirates, Singapore, China, South Korea and Australia. We have 20 offices. Ateme has been on the Euronext Paris market since 2014 and acquired OTT and IPTV software solution provider Anevia in November 2020. In 2021, Ateme served nearly 1,000 customers worldwide with sales of € 79 million, 93% of which were outside the domestic market.	Label: Atme – ISIN Code: FR0011992700-Memonic: Atme – Compartment: C	Ateme
Public relations activities for investors Press related	Michelle Artiere CEO Olivier Lambert	like that. : +33 (0) 4 72 18 04 91 [email protected] Ann-Catherine Hello

like that. : +33 (0) 1 53 67 36 93

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Disclaimer

This press release does not constitute, constitute, or interpret an offer to sell or offer to buy Atemet’s securities. In addition, this announcement or any portion thereof may not be trusted or trusted in connection with any type of contract or business related to Atemé’s property, business, or behavior.

All statements other than historical facts contained herein, including but not limited to, with respect to Ateme’s condition, business strategy, business plans and objectives, are forward-looking statements.

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Forward-looking statements are included here for illustration purposes only. They are based on management’s current views and assumptions. These forward-looking statements include known and unknown risks. For illustration purposes only, these risks include, but are not limited to, the impact of external events on customers and suppliers. The impact of competing technologies, and generally competition in key markets. Profitability of expansion strategy. Litigation; Ability to establish and maintain strategic relationships within large corporations, and the effectiveness of future acquisitions and investments.

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Complete original press release in PDF format:

https://www.actusnews.com/news/74485-pr_ateme_cat1_2022_vdef.pdf