TNL Mediagene Announces Investor Conference Calendar, Publicly Files Investor Presentation with Key Business Updates
Rhea-AI Summary
TNL Mediagene (NASDAQ: TNMG) has announced its upcoming investor conference schedule and filed an investor presentation with key business updates. The company will participate in three major conferences: Sidoti & Company Micro-Cap, Emerging Growth, and Maxim Group's Virtual Tech Conference between May and June 2025.
Key business developments include the launch of new media assets like Tech Insider and upcoming Business Insider Taiwan, a strategic partnership with PChome Online (Taiwan's leading e-commerce platform), and co-hosting the 2025 Generative AI Dual Conference. Financial results show revenue growth of 35.3% to $48.5 million in FY2024, with an Adjusted EPS of -$0.035. The company maintains a gross margin of 36.6% and is focused on cost optimization through AI-based initiatives.
Positive
- Revenue grew 35.3% YoY to $48.5 million in FY2024
- Gross margin improved to 36.6% in FY2024 from 35.3% in 2023
- Adjusted EBITDA loss narrowed to -$854,174 (-1.8% margin) from -$998,162 (-2.8% margin) in 2023
- Strategic partnership with PChome Online provides access to valuable first-party retail data and new monetization opportunities
- Expansion of media assets portfolio with Tech Insider and upcoming Business Insider Taiwan launch
Negative
- Adjusted EPS deteriorated to -$0.035 in FY2024 from -$0.015 in FY2023
- Company remains unprofitable with negative EBITDA of -$854,174
- Revenue growth rate declined to 35.3% in 2024 from 79.1% in 2023
News Market Reaction – TNMG
In the trading session that priced this news, TNMG gained 130.77%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Company will be participating at the following investor conferences over the next 2 months:
-Sidoti & Company Micro-Cap Conference on May 21, 2025 & May 22, 2025
-The Emerging Growth Conference on May 21, 2025 & May 22, 2025
-Maxim Group's 2025 Virtual Tech Conference on June 3, 2025 - June 5, 2025
The Company will be releasing additional information regarding the details of its investor conference participation as the conference dates approach. During the investor conferences, the Company expects to discuss its FY2024 performance; Strategic Expansion Plan, including its Global Talent Management and Strategic M&A pillars; as well as provide general business updates.
"We have a full calendar of investor conference dates coming up over the next 2 months that we are very excited about. We've had our head down over the last few months both optimizing the company for the public markets and also executing on our business plans, and we are now looking forward to get out there and speak with our investors and service providers. We have a nice calendar planned and have some interesting business updates that we plan to be discussing at these events. We welcome investors, professional parties and the public to join us at these events and take the opportunity to meet us," Co-Founder & CEO Joey Chung said.
The Company publicly filed its investor presentation, highlighting key business updates and recent developments including:
New Assets Drive Growth & Diversification: The Company launched key new media assets in 2024, including Tech Insider, and have more planned for 2025, including Business Insider Taiwan. These assets are high-visibility media properties that drive significant engagement, support the Company's goal of continued revenue diversification and provide extensive monetization opportunities including significant advertising revenues.
Strategic Partnership with PChome Online: Taiwan's leading E-commerce platform, PChome Online is a high-visibility, high-traffic marketplace both in
Co-Hosting the 2025 Generative AI Dual Conference: Taiwan's premier AI event, bringing together over 1,000 industry participants. Co-organized by the Generative AI Conference committee and TNL Mediagene, the two-day conference will feature a split agenda including the Generative AI Developers Conference on May 23, followed by the Generative AI Conference on May 24. Co-hosting this event provides a big boost in visibility for TNL Mediagene, and recognizes the company as one of the key architects of
"Each of these business updates are key milestones for our Company and provide significant revenue opportunities for us both directly and indirectly," Co-Founder & CEO Joey Chung said.
"The new media assets we've been able to launch in 2024 and coming soon in 2025 are high-quality, high-visibility and customer-valued properties that provide numerous monetization opportunities for us going forward. We are especially proud of the Business Insider Taiwan contract as this essentially reaches the entire Mandarin language market, not only in
The Company also provided additional financial information and thoughts on the Company's current market valuation, including:
FY2024 Adjusted EPS: FY2024 Adjusted EPS of negative
Attractive Valuation vs. Reference Comparables: The Company is currently trading at an EV/Revenue discount to reference median multiples of 3.4x in AdTech and 6.1x in Digital & Social Media. The Company's management believes the Company is currently undervalued.
Summary Financials:
For the year ended December 31, | |||
($ in dollars, unless otherwise stated) | 2022 | 2023 | 2024 |
Revenue | 20,009,994 | 35,838,780 | 48,493,897 |
Growth % | 79.1 % | 35.3 % | |
Gross Profit | 7,741,196 | 12,651,384 | 17,738,557 |
Margin % | 38.7 % | 35.3 % | 36.6 % |
Adjusted EBITDA | -1,687,729 | -998,162 | -854,174 |
Margin % | -8.4 % | -2.8 % | -1.8 % |
Adjusted EPS | ( | ( | ( |
The condensed financial information presented in this press release should be read in conjunction with the audited consolidated financial statements and related notes for the year ended December 31, 2024 included in TNL Mediagene's annual report on Form 20-F filed with the SEC on April 30, 2025, which provides a more complete discussion of its accounting policies and certain other information.
About TNL Mediagene
Headquartered in
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing," "target," "seek" or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, although not all forward-looking statements contain these words. Forward-looking statements in this communication include, but are not limited to, statements in the section entitled "2025 Initiatives and Outlook" and "Management Commentary" such as statements about TNL Mediagene's future business plan and growth strategies and statements by TNL Mediagene's CEO and president. Any statements that refer to expectations, projections or other characterizations of future events or circumstances, including strategies or plans, are also forward-looking statements. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by these forward-looking statements. Forward-looking statements in this communication or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for TNL Mediagene to predict these events or how they may affect TNL Mediagene. In addition, risks and uncertainties are described in TNL Mediagene's filings with the Securities and Exchange Commission. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. TNL Mediagene cannot assure you that the forward-looking statements in this communication will prove to be accurate. There may be additional risks that TNL Mediagene presently does not know or that TNL Mediagene currently does not believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, you should not regard these statements as a representation or warranty by TNL Mediagene, its directors, officers or employees or any other person. Except as required by applicable law, TNL Mediagene does not have any duty to, and does not intend to, update or revise the forward-looking statements in this communication or elsewhere after the date of this communication. You should, therefore, not rely on these forward-looking statements as representing the views of TNL Mediagene as of any date subsequent to the date of this communication.
Use of Non-IFRS Financial Measures
In this press release we have included adjusted EBITDA, a non-IFRS financial measure, and adjusted EPS, a non-IFRS measure, which are key measures used by our management and board of directors in evaluating our operating performance.
Adjusted EBITDA and adjusted EPS are our preferred metrics for profitability because we believe they facilitate operating performance and profit performance comparisons on a period-to-period basis and exclude items that we do not consider to be indicative of our core operating performance.
Adjusted EBITDA and adjusted EPS have limitations as analytical tools, and you should not consider it in isolation or as a substitute for analysis of our results as reported under IFRS. Some of these limitations are:
- although amortization and depreciation are non-cash charges, the assets being amortized and depreciated may have to be replaced in the future, and adjusted EBITDA and adjusted EPS do not reflect cash capital expenditure requirements for such replacements or for new capital expenditure requirements;
- adjusted EBITDA and adjusted EPS do not reflect changes in, or cash requirements for, our working capital needs;
- adjusted EBITDA and adjusted EPS do not reflect the potentially dilutive impact of equity-based compensation; and
- other companies, including our competitors in various industries, may calculate adjusted EBITDA and adjusted EPS or similarly titled measures differently, which reduces its usefulness as a comparative measure.
We define adjusted EBITDA as profit (loss) for the period excluding (i) non-cash items such as depreciation expenses, amortization expenses, stock-based compensation expenses and impairment loss on intangible assets and (ii) extraordinary items associated with one-time events and transactions, such as one-time transaction-related expenses not eligible for capitalization.
We define adjusted EPS as profit (loss) for the period excluding (i) non-cash items such as depreciation expenses, amortization expenses, stock-based compensation expenses and impairment loss on intangible assets and (ii) extraordinary items associated with one-time events and transactions, such as one-time transaction-related expenses not eligible for capitalization, extraordinary finance costs and related commitment fees.
Our management does not consider adjusted EBITDA or adjusted EPS in isolation or as an alternative to financial measures determined in accordance with IFRS. The principal limitation of adjusted EBITDA and adjusted EPS is that they exclude significant expenses that are required by IFRS to be recorded in TNL Mediagene's financial statements. In addition, adjusted EBITDA and adjusted EPS are subject to inherent limitations as they reflect the exercise of judgment by management about which expenses and income are excluded or included in determining such non-IFRS financial measures. For more details on the definitions of adjusted EBITDA and adjusted EPS and reconciliations of adjusted EBITDA and adjusted EPS to IFRS financial measures, see below.
Reconciliation of Non-IFRS Financial Measures:
For the year ended December 31, | ||||||||||
($ in dollars, unless otherwise stated) | 2022 | 2023 | 2024 | |||||||
Loss for the year | $ | (11,394,768) | $ | (1,215,789) | ||||||
Add (less): | ||||||||||
Income tax (benefit) expense | (247,177) | (591,082) | (307,246) | |||||||
Finance costs | 137,029 | 298,958 | 8,167,872 | |||||||
Other gains and losses(1) | 8,174,802 | (5,458,803) | 851,689 | |||||||
Other income | (75,576) | (409,555) | (58,024) | |||||||
Interest Income | (10,994) | (19,340) | (21,773) | |||||||
Operating loss | $ | (3,416,684) | $ | (7,395,611) | ||||||
Add: | ||||||||||
Depreciation expenses | 433,262 | 1,025,783 | 1,139,488 | |||||||
Amortization expenses | 1,058,392 | 1,809,774 | 2,101,080 | |||||||
Stock-based compensation expense | 237,301 | 118,800 | 250,952 | |||||||
Impairment loss on intangible assets(2) | — | 298,424 | 29,026,050 | |||||||
One-time transaction-related expenses(3) | — | 3,144,668 | 42,972,458 | |||||||
Adjusted EBITDA | (1,687,729) | (998,162) | (854,174) | |||||||
Adjusted EBITDA Margin (%) | -8.4 | % | -2.8 | % | -1.8 | % | ||||
(1) | Other gains and losses for the year ended December 31, 2022 comprise an | |||||||||||
(2) | For the year ended December 31, 2023, we incurred approximately | |||||||||||
(3) | For the year ended December 31, 2023, one-time transaction-related expenses comprise the professional service fees related to (i) the merger with Mediagene; and (ii) preparation for our merger (the "Merger") with Blue Ocean Acquisition Corporation ("Blue Ocean") and the listing on the Nasdaq, which were not eligible for capitalization. For the year ended December 31, 2024, one-time transaction-related expenses comprise (i) the professional service fees related to the closing of the Merger and listing on the Nasdaq of | |||||||||||
For the year ended December 31, | |||
($ in dollars, unless otherwise stated) | 2022 | 2023 | 2024 |
Loss for the year | -11,394,768 | -1,215,789 | -84,976,720 |
Add (less): | |||
Other gains and losses1 | 8,174,802 | -5,458,803 | 851,689 |
Finance costs of issuing convertible notes at discount | 0 | 0 | 7,734,993 |
Commitment Fee | 0 | 0 | 18,750 |
Other | 376 | 5,322 | 21,322 |
Depreciation expenses | 433,262 | 1,025,783 | 1,139,488 |
Amortization expenses | 1,058,392 | 1,809,774 | 2,101,080 |
Stock-based compensation | 237,301 | 118,800 | 250,952 |
Impairment loss on intangible assets2 | 0 | 298,424 | 29,026,050 |
One-time transaction-related expenses3 | 0 | 3,144,668 | 42,972,458 |
Adjusted Net Income | -1,490,635 | -271,821 | -859,938 |
Fully Diluted Shares Outstanding | 9,211,973 | 18,411,714 | 24,541,271 |
Adjusted EPS | $ (0.162) | $ (0.015) | $ (0.035) |
(1) | Other gains and losses for the year ended December 31, 2022 comprise an |
(2) | For the year ended December 31, 2023, we incurred approximately |
(3) | For the year ended December 31, 2023, one-time transaction-related expenses comprise the professional service fees related to (i) the merger with Mediagene; and (ii) preparation for our merger (the "Merger") with Blue Ocean Acquisition Corporation ("Blue Ocean") and the listing on the Nasdaq, which were not eligible for capitalization. For the year ended December 31, 2024, one-time transaction-related expenses comprise (i) the professional service fees related to the closing of the Merger and listing on the Nasdaq of |
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SOURCE TNL Mediagene