FY2025 Half Year Results Presentation

Open PDF
Stock Adslot Ltd (ADS.ASX)
Release Time 24 Feb 2025, 4:49 p.m.
Price Sensitive Yes
 Adslot Ltd Announces FY2025 Half Year Results
Key Points
  • Significant progress on Adslot StoreFront with 8 major publisher clients signed in 5 months
  • Adslot Media Marketplace launched in Europe with Goldvertise deal, targeting CTV and video inventory
  • Software & Services businesses now a profitable grouping, with $4.5-$5.0m projected revenue for FY25
Full Summary

Adslot Ltd has announced its FY2025 half-year results, showcasing significant progress across its key business units. The company's Adslot StoreFront product has gained traction, with 8 major media publisher clients signed in the first 5 months since its inception in September 2024. These include global brands such as Bloomberg, Viber, Hearst, and Researchgate, who are using the StoreFront platform to trade ad inventory more efficiently with existing and new buyers. Adslot has also launched its Adslot Media Marketplace in Europe through a deal with Goldvertise, a dominant provider of online video and CTV advertising in Germany, Switzerland, and Austria. This will see Adslot's platform become the key ad inventory sales platform for Goldvertise, including exclusive access to Vevo's global music video inventory in these markets. Additionally, the company's Software & Services businesses, including its digital media buying workflow solutions, auction platform for REA Group, and digital marketing agency Webfirm, have now become a profitable grouping, with a projected revenue range of $4.5-$5.0 million for FY25. Adslot has also made significant progress on its turnaround plan, including repricing key contracts, reducing costs, and improving financial transparency and accountability. The company is now focused on driving revenue growth, particularly through its StoreFront and European Marketplace initiatives, with the goal of achieving monthly cashflow positivity by mid-2025.

Guidance

The company is projecting a revenue range of $4.5-$5.0 million for its Software & Services businesses in FY2025.

Outlook

Adslot is focused on driving revenue growth, particularly through its Adslot StoreFront and Adslot Media Marketplace initiatives, with the goal of achieving monthly cashflow positivity by mid-2025. The company is also investigating M&A possibilities, divestments, and other corporate activities to support its turnaround and growth plans.