Perion Network (PERI) Investor presentation summary

Strategic transformation and platform development

• Unified all business units under the Perion One platform, integrating AI-driven execution and automation for marketers across CTV, DOOH, Retail Media, Social, and the Open Web.

• Outmax AI agent introduced, optimizing advertiser outcomes in real time across channels and walled gardens, with rapid adoption and measurable results.

• Acquisitions of Hivestack and Greenbids expanded capabilities in DOOH and AI-powered optimization, supporting platform-led growth.

• Operational restructuring improved execution speed and cost efficiency, while leadership reorganization aligned with platform strategy.

• Expanded global reach, serving 52 of the Fortune 100 and operating in over 40 countries.

Financial performance and growth outlook

• Q1 2026 revenue reached $90.4M, with $39.7M contribution ex-TAC and $0.5M adjusted EBITDA; net cash stood at $293M as of March 31, 2026.

• Perion One spend and contribution ex-TAC grew 6% and 7% YoY, respectively, with Outmax AI agent spend up 316% YoY.

• CTV, DOOH, and Retail Media spend outpaced market growth, with CTV up 68%, DOOH up 29%, and Retail Media up 27% YoY in Q1 2026.

• 2026 guidance: contribution ex-TAC of $215M–$235M (+11% YoY), adjusted EBITDA of $50M–$54M (+15% YoY), and EBITDA margin improvement to 23%.

• 2028 targets reaffirmed: 25%+ 3-year spend CAGR, 20%+ contribution ex-TAC CAGR, and 28% adjusted EBITDA margin.

Product innovation and client impact

• Perion One platform enables unified campaign orchestration, real-time insights, and creative innovation across all major digital channels.

• Outmax AI agent delivers outcome-based optimization, driving significant improvements in CPA, brand awareness, and carbon intensity for clients.

• Case studies highlight measurable results: 89% CPA reduction for CTV, 34% lower acquisition cost and 51% lower carbon intensity for Bouygues Telecom, and 80% higher skippable view rate for C4 Energy.

• DOOH campaigns leveraged real-time data for contextual messaging, driving engagement and adoption for brands like Uber and Vaseline.

• Platform supports flexible integrations with leading partners and proprietary tech, enhancing measurement, targeting, and creative delivery.