TEN Holdings (XHLD) Investor presentation summary

Business and platform

• TEN is an enterprise digital experience platform combining registration, live production, audience engagement and on-demand access, with self-service or managed services. Supports up to 50,000 concurrent attendees.

• Engagement tools include moderated Q&A, polls, surveys, quizzes and breakout rooms; continuing education features configurable credit rules and automatic certificates.

• Enterprise controls include single sign-on, role-based access, audit logging, custom theming and WCAG 2.1 AA design; the presentation cites SOC 2 Type II and ISO 27001 certifications.

• Full-service production includes project management, control-room engineering, speaker training and operations support; platform uptime reliability is stated at 99.99%.

Milestones and capital

• Founded in 2011 as a specialized enterprise webcasting provider; the operating business was later sold to V-Cube Inc., described as a publicly traded Japanese event technology leader.

• Completed a NASDAQ public listing on Feb. 13, 2025, and raised funding on June 30, 2026, for working capital, product development, AI initiatives and acquisitions.

• The presentation cites $5.0M raised through investment vehicles in 2025, including a $2.25M PIPE and a $7.5M public offering.

• Q4 operating expense reductions were presented as improving cash flow and operating efficiency; the TEN platform launch is intended to extend beyond webinars and events.

Growth strategy

• Business model is shifting toward high-margin recurring revenue, with platform-led services complementing event production and managed services to support ARR stability and predictability.

• AI roadmap includes real-time analytics, multilingual captioning and behavioral intent data for more targeted client engagement.

• Acquisition priorities include complementary technologies, high-value event assets and specialized IR and medical verticals, with emphasis on synergies, earnings accretion, margins and near-term cash flow.

• Stated acquisition objectives include double-digit inorganic revenue and EBITDA expansion, faster pipeline velocity, lower CAC and proprietary IP to differentiate products and automate workflows.