Blue Ant Media (BAMI) Investor presentation summary

Key investment considerations

• Achieved $204M revenue and $37.1M adjusted EBITDA in FY2025, with 18% revenue CAGR from 2020–2025 and five years of positive operating cash flow.

• Maintains a strong cash position ($50.7M in Q2 2026) to support organic growth and disciplined M&A, leveraging sector fragmentation for attractive acquisitions.

• Diverse revenue streams across geographies, platforms, and content genres, with scalable distribution and monetization of owned IP.

• Recent acquisitions include MagellanTV (Oct 2025) and Thunderbird Entertainment (Jan 2026), adding significant content and operational synergies.

• Proven management team with a track record of value creation and disciplined capital allocation.

Market overview and growth drivers

• Global streaming market projected to grow from $129.3B in 2024 to $416.8B by 2030, with a 21.5% CAGR.

• Smart TV adoption is fueling ad revenue growth, with US smart TV ad spend expected to rise 63% from 2023 to 2027.

• The media sector is in flux, with legacy players struggling and content spend flattening, creating M&A opportunities for well-capitalized firms.

• Content IP model enables multiple recurring revenue streams via licensing, subscriptions, and advertising across global platforms.

Business model and monetization

• Operates across streaming, production, distribution, and Canadian media, with content sold to 100+ countries and 300+ platforms.

• Monetizes content through licensing, subscriptions, and advertising, including Smart TV ad sales and owned streaming channels.

• Owns and operates 7 Canadian Pay TV channels and live event consumer shows, driving high cash conversion.

• Flagship brands like Love Nature and the Mike Holmes catalogue exemplify the multi-platform monetization strategy.