Prime Focus (PFOCUS) Investor presentation summary

Business overview

• Three verticals: DNEG visual effects and animation, BRAHMA AI technology, and Prime Focus Studios production.

• 9,800+ employees across 24 global locations; 27+ years of customer relationships and 90%+ of revenue from recurring customers.

• India-based workforce supports global service delivery at lower cost; 8 VFX Oscars, including 7 in the last 10 years.

DNEG services

• Positioned as the world's No. 1 independent VFX and animation services provider, with premium film and episodic work and partnerships with leading studios and directors.

• End-to-end capabilities span pre-production, production, post-production, VFX, animation, gaming, mastering and distribution.

• Revenue is tied to work completion and milestone payments, not content release dates; contracts may include upfront payments and additional change orders.

• DNEG targets $1bn in services revenue by 2030; its Dec. 2025 order book and visible pipeline totaled $720m across 70+ projects for Q4 FY26 and beyond.

• Expansion avenues include theme parks and digital concerts; two digital concerts are in progress, with revenues exceeding $60m for FY26 and beyond.

BRAHMA AI

• Secure, end-to-end enterprise platform for managing, creating and distributing audiovisual content; BRAHMA CORE manages media assets, while BRAHMA STUDIO supports content generation and localization.

• Products include ATMAN, a digital human system, and VAANI, a lip-sync and language-localization system.

• Target markets include media and entertainment, news, sports, healthcare, education, financial services and retail.

• Visible revenue is $70m for FY26 and $153m for FY27; some BRAHMA AI revenue charged to DNEG Services is eliminated on consolidation.

• Acquired generative AI business Metaphysic in February 2025; a February 2025 investment round led by Abu Dhabi-based United Al Saqer Group valued BRAHMA AI at $1.43bn.