Overactive Media (OAM) investor relations material

Executive summary

• Q2 2025 revenue increased 26% year-over-year to $8.36M, driven by strong commercial execution, major events in Madrid and Canada, and growth in Events and Agencies.

• New initiatives, including the Phoenix/Fénix Club loyalty program and the Active Voices AI localization platform, were launched to support recurring revenue and global expansion.

• Operating expenses decreased 11–14% year-over-year due to disciplined cost controls, despite investments in rosters and production.

• Adjusted EBITDA loss improved to $1.02M from $1.23M last year, reflecting lower restructuring and business development costs.

• The company is focused on converting its sponsorship pipeline, scaling new products, and maintaining cost discipline for the remainder of 2025.

Financial highlights

• Q2 revenue was $8.36M, up 26% year-over-year; year-to-date revenue reached $13.36M, up 30%.

• Operating expenses for Q2 were $5.17M–$5.38M, down 11–14%; first half expenses were $10.09M, down 12%.

• Gross profit for Q2 was $4M (48% margin), down from 62% last year due to a higher mix of events and agency business.

• Adjusted EBITDA loss for Q2 was $1.02M; for the first half, $3.29M, slightly higher year-over-year due to increased payroll and lower high-margin revenue.

• Ended the quarter with $5.07M–$5.1M in cash and positive working capital.

Outlook and guidance

• Second half expected to deliver higher-margin revenues from league share, digital merchandise, and Esports World Cup.

• Margins anticipated to improve as revenue mix shifts away from events and agencies toward higher-margin streams.

• Focus remains on scaling Active Voices, expanding recurring revenue, and executing on sponsorship opportunities.