Mondo TV (MTV) investor relations material

Executive summary

• 2025–2029 Plan forecasts confirmed at this stage, including a target of returning to profit in 2029; assumptions remain under review.

• Losses still exceed one-third of share capital, so Article 2446 circumstances persist; decisions on capital measures were deferred pending the capital increase outcome.

Financial highlights

• 9M revenue was €4.153m versus a €1.564m year-to-date budget, including €3.799m of other income; core sales revenue was €354k, €1.210m below budget.

• Core revenue shortfall reflected delays in new-production activity and recognition, plus weaker library markets and longer commercial negotiations.

• Net profit of €1.706m benefited decisively from €3.799m of other income, almost entirely from non-recurring restructuring effects; it does not indicate structurally sustainable profitability.

Outlook and guidance

• The 2029 return-to-profit target remains confirmed at this stage, with a comprehensive Plan review scheduled for early 2027 using full-year results, capital-increase outcomes and initiative progress.

• The 2026 commercial target is more challenging after the core-revenue shortfall; ongoing library, production and distribution negotiations do not yet permit reliable estimates of catch-up timing or scale.

• Forecast confirmation depends on underlying assumptions and does not ensure targets will be achieved; estimates may change as performance and initiatives are monitored.