Liftoff Mobile (LFTO) investor relations material

Company overview and business model

• Operates an AI-powered platform for mobile app growth, integrating both DSP and SSP to deliver user acquisition and ad monetization across all app verticals.

• Platform connects to over 1.4 billion daily active users via 167,814 integrated apps as of Q1 2026.

• Revenue model is transaction-based, retaining a portion of media spend as revenue, with a focus on performance metrics like ROAS.

• Differentiates through proprietary neural network technology (Cortex) and modular Adapters for vertical-specific solutions.

• Unified DSP and SSP platform enables data symmetry, higher auction win rates, and compounding customer growth.

Financial performance and metrics

• Q1 2026 revenue: $205.6M, up 37% YoY; net income: $49.3M (24% margin); Adjusted EBITDA: $120.1M (58% margin).

• FY 2025 revenue: $685.7M (+32% YoY); net loss: $23.1M; Adjusted EBITDA: $374.4M (55% margin).

• Core Advertising revenue now represents ~100% of total revenue, with 10 consecutive quarters of sequential growth averaging 8%.

• LTM Core Advertising Net Dollar Retention: 130% as of March 31, 2026; 384 customers contributed >$100K in LTM revenue.

• Cash and equivalents as of March 31, 2026: $200.9M; long-term debt: $1.8B; capital-light model with strong cash flow generation.

Use of proceeds and capital allocation

• Estimated net proceeds of $377.1M (or $433.6M if underwriters exercise option) at $21.00/share IPO price.

• Proceeds will primarily repay $357.3M of outstanding term loan debt; remainder for general corporate purposes and offering expenses.

• No current plans to pay dividends; future dividends subject to board discretion and debt covenants.