FINAL TRANSCRIPT - Score Media...FINAL TRANSCRIPT October 17, 2018 — 4:30 p.m. E.T. theScore Inc....
Transcript of FINAL TRANSCRIPT - Score Media...FINAL TRANSCRIPT October 17, 2018 — 4:30 p.m. E.T. theScore Inc....
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FINALTRANSCRIPT
theScoreInc.
FourthQuarterandYear-End2018ResultsConferenceCall
EventDate/Time:October17,2018—4:30p.m.E.T.
Length:18minutes
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
CORPORATEPARTICIPANTSJamesBiggtheScoreInc.—SeniorManager,CommunicationsJohnLevytheScoreInc.—FounderandChiefExecutiveOfficerBenjieLevytheScoreInc.—PresidentandChiefOperatingOfficerCONFERENCECALLPARTICIPANTSNikhilThadaniMackieResearchCapital—AnalystRobGoffEchelon—Analyst
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« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
PRESENTATION
Operator
Good afternoon, ladies and gentlemen, and welcome to theScore Fourth Quarter and
Year-End2018ResultsConferenceCall.Atthistime,alllinesareinlisten-onlymode.
Followingthepresentation,wewillconductaquestion-and-answersession.Ifatanytime
duringthiscallyourequireimmediateassistance,pleasepress*,0fortheOperator.
ThiscallisbeingrecordedonWednesday,October17,2018.
I would now like to turn the call over to Mr. James Bigg, Senior Manager of
Communications.Pleasegoahead,Mr.Bigg.
JamesBigg—SeniorManager,Communications,theScoreInc.
Thanks,Operator.Hello.Goodafternoon.Manythanks for joiningusontoday’scalland
webcast for theScore’s fiscal 2018 Q4 and year-end results. Presenting today will be theScore
FounderandChiefExecutiveOfficer, JohnLevy;andPresidentandChiefOperatingOfficer,Benjie
Levy.
Atthistime,wewouldliketocautionourlistenersthatthispresentationcontainsforward-
lookingstatements.Therearerisksthatactualresultscoulddiffermateriallyfromwhatisdiscussed,
and that certain material factors or assumptions are applied in making these forward-looking
statements.
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
Any forward-looking statements contained in this presentation represent the views of
managementandarepresentedforthepurposeofassistingtheScoreshareholdersandanalystsin
understanding theScore’s financial position, objectives, and priorities and anticipated financial
performance.Forward-lookingstatementsmaynotbeappropriateforotherpurposes.
Additional information on items of note, theScore’s reported results and factors and
assumptions related to forward-looking information are all available in our Annual Information
FormandourMD&AforQ4fiscal2018,whichwasfiledonSEDARafewmomentsago.
OurCEO,John,willnowbeginthepresentation.
JohnLevy—FounderandChiefExecutiveOfficer,theScoreInc.
Thanks,James,andgoodafternoontoeveryone.Thankyouforjoiningusforourreviewof
Q4 and the end of fiscal 2018. Let’s dive straight into some of the key highlights from the past
quarter.
Revenues forQ4grewto5.1millionversus4.8million for thesameperiodtheprevious
year,whichmeantwe finished the fiscal 2018witha total revenueof27.7million,up from26.3
millionoverfiscal2017.
EBITDAlossforfiscal2018improvedto2.4millioncomparedtoalossof5.9millionforthe
previous year. Substantially all of our EBITDA loss for the fiscal 2018 can be attributed to Q4
activities andwasdue to a combinationof increased facility, administrative, andotherexpenses,
includingexpenses relating toUSsportsbettingbusinessdevelopmentactivities,aswellasdirect
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« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
sales for the quarter, which despite being up 6 percent year over year, were below our own
expectations.
InQ4,wesawthecontinuedgrowthoftheScoreapponiOS.Boostedbyourcoverageof
the2018FIFAWorldCup,weincreasedusersonthisplatformby12.5percent,includinggrowthof
17percentinJunealone.ThismeanttotalaveragemonthlyactiveusersoftheScoreappgrewto3.7
millionversus3.5millioninthesameperiodlastyear,up5percent,withthatiOSgrowthpartially
offsetbylowermonthlyactiveusersonAndroid.
Our flagship app has continued to reinforce its position as one of themost popular in
NorthAmericaover thepast fiscal year, andwego intoQ1withanumberof exciting initiatives,
including,first,harnessingtheconversationsaroundsportswithintheappitself;furthertestingnew
waystosurfaceandpresentnewscontentonmobile;andintroducingdedicatedfantasyandsports
bettingsections togive fansamoreholisticexperiencewhen following their favourite teamsand
theirfavouriteleagues.
Inadditiontothegrowthofourappaudience,wealsocontinuedtogrowouraudiences
elsewhere, reaching an average of now 55million sports fans amonth via our social platforms,
includinganewsinglemonthrecordofover70millioninJune.Thesechannelsremainapowerful
brand-buildingchannelforus,andpositionusasatrueleaderindigitalsportsmediawithbest-in-
classengagementandgrowthrates.
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
The success has also opened the way for new and exciting original longer-form video
contentinitiativestobecreatedandservedupacrossourplatforms,suchasthedebutoftheScore
X serieswithNBAAll-Star Lance Stephenson.And this has alreadyopenedupnew conversations
withothertoplevelathletesandteamsfortheScore—totelltheirstoriesontheScore.
Ouresportsvideocontentalsoreachednewheights inQ4,withourcontentreaching33
million viewers, growth of more than 170 percent over last year. Our YouTube channel also
smashed through the 400,000 subscriber mark, and we are now very much recognized as the
leading independentmedia outlet for competitive gaming coverage, finding ourselves nominated
forindustryawardsasaresult.
This growth and engagement around our video content has been incredible, and have
beguntoattractinterestfrombrandslookingtoengagewithfansofcompetitivegaming.
InQ4,wecontinuedtopursueopportunitiesrelatedtotheUSSupremeCourt’srepealof
ProfessionalandAmateurSportsProtectionAct,whichallowedindividualstatestobeginexploring
legalizedsportsbettingmodels.
Aspartofthis,wesecuredtheservicesofformerWynnResortsInternational Interactive
GamingChief,DavidWang.Davidbringsawealthofexperienceand is joining theScoreasSenior
Advisor.Weareverypleasedtohavehimonboard.
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
Withonlythreestatesofferingfulsomeonlinesportsbetting,thecurrentmarketmaybe
limitedinscope,butwedoseeexcitingnear-termandlong-termpotentialfortheScore,thanksto
ourlargeandengagedaudienceandourexpertiseindeliveringagreatmobileexperience.
I’ll now turn things over to Benjie, whowill take a closer look at some of our product
development,content,andsocialinitiatives,aswellasourfinancials.
BenjieLevy—PresidentandChiefOperatingOfficer,theScoreInc.
Thanks, John, and good afternoon, everyone. As John touched upon, this quarter was
hugelysuccessfulintermsofgrowingthereachofourcontentandthesizeoftheScore’saudience.
Onourflagshipapp,ourWorldCupcoveragehelpeddriveusergrowth,withsoccerfans
eagerly consuming our real-time coverage from the tournament in Russia. We made significant
upgrades to our matchup pages for this tournament. We added a new timeline feature which
showcasedall keymatch incidentsataglance,aswellasplayer-specific stats like topperformers
andkeyplayers.
Thesefeatureswerethenrolledoutacrossourothersoccerleaguesintimeforthestartof
thenewEuropeanseason,makingourofferingoneofthebestforreal-timesoccerscoresandnews.
Our in-app coverageof theWorldCupwas also supportedbyour live scores, data, and
newsofferingfromourFacebookMessengerbot,withourInstantGamealsoprovidinganotherfun
way for fans to engage with the tournament. We also localized these services into French,
Portuguese,andSpanishtofurthercapitalizeontheglobalappealofsoccer.
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
Duringthequarter,wealsobegantotestanumberofsocial-relatedfeatureswithinour
app.Followingsportsteamsisaninherentlysocialexperience,andwebelievethereisasignificant
opportunity for fans to connect and engage with each other around their favourite teams, live
events, and content they care about. Early results have been encouraging, and building on this
foundationwillbeoneofourfocusesduringQ1.
Audienceandengagementacrossoursocialchannelscontinuedtoleadthedigitalsports
media industry. Our growth rate and engagementmetrics comfortably beat out our peers once
again, helpingus achievea cross-platform reachofmore than55million sports fans amonthon
averageduringQ4.
This is huge brand amplification and continues to serve as a means of engaging with
existingfanswhilealsouncoveringnewones.Thisapproachisnotgoingunnoticed,andearlierthis
monthwewere announced as a finalist in the categoryof SocialMedia Teamof the Year at the
DigidayPublishingAwardsinNewYork.
Tobuildon this success,our teamalso successfully took the first steps into longer-form
originalvideoproductionunderoursportsverticalforthefirsttime.Welaunchedournewseries,
knownastheScoreX,withexclusiveaccessforourprofileofNBAstarLanceStephenson.
Thisnotonlydroveengagementonourownplatforms,butalsodrove80millionearned
mediaimpressions,asdozensofothertop-tiernewsoutlets,includingESPNandSportsIllustrated,
pickedupourscoopofwhyLance infamouslyblew inLeBron’searduring the2014playoffs.This
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
wasahugelyencouragingdebutfortheScoreX,andwe’relookingforwardtoseeingmoreofthese
piecesinthecomingmonths.
Inourappwealsointroducednewcontentofferings,includingstories,anewhighlyvisual
way of presenting news and richmedia content.We’ve also further built out our already strong
sportsbettingdataandcontentofferingbyincorporatingevenmoregambling-focusedarticlesand
hiringadedicatednewseditorforthistopic.
Another focusduringQ1will be introducing increasedbetting-related content and stats
withinourapp,makingitmoreeasilyaccessiblewithinboxscoresandallowingfanstosubscribeto
betting-relatednewsanddataalertsforamorecompletein-gameexperience.
For esports, Q4 was another stellar quarter of growth. The 33 million video views we
achievedbetweenJuneandAugustwasgrowthof115percentyearoveryearasourteamcontinues
todevelopandgrowvideofranchisesthatfansofcompetitivegaminglovetoconsume.
OurYouTubechannelalsohitmorethan400,000subscribersinQ4,andwithourviewing
numbersandhourscontinuingtotrendupwards,theScoreisnowcomfortablyregardedasoneof
themostprominentesportsmediaplatforms.Infact,lastmonthwewerenamedasafinalistforthe
CynopsisMedia Awards where we’ll be going up against the likes of NBA TV’s The Starters and
TheEllenShow,amongothers,fortheprizeofBestCategory-SpecificYouTubeChannel.
I’ll now take a closer look at our financials. Q4 2018 revenue compared to Q4 2017
revenuewas5.1millionversus4.8million.
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
InQ42018,expenseswere8.5millionversus7.6millionintheprioryear.Asnotedearlier,
theincreasecanbeattributedtoacombinationofincreasedfacilities,admin,andotherexpenses,
includingexpensesrelatedtoUSsportsbettingbusinessdevelopmentactivities.
As a result of these expenses and sales,whichwhile up 6 percent year over yearwere
belowourexpectation,EBITDAlossforQ4was2.4millionversusanEBITDAlossof1.9millioninQ4
fiscal2017.
We finished the quarterwith 6.3million of cash, and cash use for the quarterwas 1.5
millionversuscashuseof2.6millioninthequarterinthepreviousyear.
JamesBigg
That concludes the formal part of our presentation. Operator, we will now take any
questions.
Q&A
Operator
Thankyou.Ladiesandgentlemen,shouldyouhaveaquestion,pleasepress*,followedby
1 on your touch-tone phone. If you’re using a speakerphone, please lift your handset before
pressinganykeys.
Onemoment,please,foryourfirstquestion.
YourfirstquestionisfromNikhilfromMackieResearchCapital.Nakhil,pleasegoahead.
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
NikhilThadani—MackieResearchCapital
Thanks, guys. Iwanted to goback to thebig questionof sports bettinghere. Iwas just
curiousifyou’veseensortofanyinitialsignsofincreasedengagementordownloadsoranythingof
thatsort,eventhoughwe’reonlyliveinaboutthreestatesrightnowasyoumentioned?Anysortof
earlysignsofthatthatyoucouldperhapspointto?
BenjieLevy
Hi,Nik.Ithinkoneofthemostinterestingthingswe’veseenis—Idon’tknowifyou’vehad
a chance to play with our new chat feature that we released a fewweeks ago on Android and
actuallyearlierthisweekon iOS—butoneofthethingsweknowaboutourusers isthattheyare
highly,highlyengagedandareverypredisposedtobetting.Andthathascomeout loudandclear
whenwe’vegiventhemanopportunitytoengagewitheachother.
Invariably, the dominant topic thatwe see users talking about in chat relates to sports
betting,andwhodotheyhave,andwhodotheylike,andhowareplayersperforming,andthey’re
livinganddyingoneveryplayduringthegame,andthey’retalkingaboutit.Andsointermsofinitial
signsabouthowwethinkourusersreacttothat,Ithinkitisverypositive.
NikhilThadani
Right.Andthendoyouhavetimelineforthesebetting-relatedproductenhancementsthat
youspokeaboutinyourscript?Inthenextcoupleweeks,Iimagine,right,because—
BenjieLevy
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
Yeah.They’llberollingoutoverthecourseofQ1.Thisisbothfromadatasideandalsoan
editorialperspectivehelpingsurfacemorein-depthcontent,alerts,editorialthroughouttheapp.
NikhilThadani
Gotit.Andthenit’s…Iappreciatethatit’sstillprettyearlytosay,butifyouweretosort
ofguessrightnow,isyoursensethatasyourollthesenewproductsoutintermsofadinventory
and engagement and page views and what not, we should see perhaps a slightly higher-than-
expectedtrendupinQ1andQ2thaninthepast,giventhissortofinitialsportsbettingpush?Oram
Isortofextrapolatingittoomuch?
BenjieLevy
Yeah.It’stoughtospeculateonhowanyindividualfeatureisgoingtocontributetokindof
growthand impressionsandad inventory. Imean,certainlywethinkthatthefeaturesthatwe’re
rollingoutaregoingtobecompellingandhelpenhanceandcreateastickierproduct,absolutely.
NikhilThadani
Okay.Andthenintermsofthecostswiththesportsbettingsortof initiatives inQ4,are
youabletoquantifythat?Andaremostofthosecostssortofdone?Orshouldweexpectsimilar
costsgoingforwardinfiscal’19?
BenjieLevy
Listen, certainly aswe’re looking for how to participate best in this evolving landscape,
we’re going to be continuing to spend in relation to our business development activities. I can’t
13
"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
quantifythespecificamountthatwasspentinQ4,butcertainlyifyou’relookingatwhattheyear-
over-year increase is in that facilitiesandadmin line itemover theprior year, agoodchunkof it
relatestothat.
NikhilThadani
Right.Right.AndjustonelastonebeforeIpassthelinehere;intermsofthedirectsalesin
Q4,areyouabletogiveusanymorecolourastosortofwhatwasperhapsthecauseofthesoftness
thereandhowthat’slookinginQ1andpotentiallybeyond?Thanks,guys.
BenjieLevy
Noproblem,Nik.IthinkQ4—listen,itwas—whenwe’redealingwithasalesbudgetof—
we’re dealing with sales of 5.1 million for the quarter and our guys are out selling six-figure
campaigns,acouple thatyouexpect to land in thequarter thatdon’t land in thequartermakea
differencetoyouryear-endresults.Sowecertainlydon’tseeitasanythingsystemic.
Operator
Thankyou.Ladiesandgentlemen,asaremindershouldyouhaveaquestion,pleasepress
*,followedby1.
YournextquestionisfromRobfromEchelon.Rob,pleasegoahead.
RobGoff—Echelon
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
Thankyouverymuch.Myquestionwouldgobacktothatoftheexpenseline.Wouldyou
saythatthisisanewrunrate?Orwouldyousaythatsomeoftheexpensestherewereonetimein
naturesoitwouldactuallystepbackdownmodestly?
BenjieLevy
I think I would expect them to step back down modestly. We’re going to continue to
spend,butQ4wasparticularlyhighintermsoftheBDactivities.
RobGoff
Anysortoffigurethatyoucouldputonthat?Ballpark?
BenjieLevy
No.Listen, I thinkaswemove forward in this landscape it’spretty fluid, right?Sowe’re
evaluating a number of opportunities in the gaming space, and kind of the spend is going to be
dictatedbyhowsomeofthoseunfoldoverthecomingmonths.
RobGoff
Okay. Thank you. And if I may, it’s great that you’re giving us the iOS users. What
percentageofyourbaseroughlywouldtheyrepresentnow?
BenjieLevy
I’dsayabout60,65percentofourbaseisiOS.
RobGoff
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"Though CNW Group has used commercially reasonable efforts to produce this transcript, it does not represent or warrant that this transcript is error-free. CNW Group will not be responsible for any direct, indirect, incidental, special, consequential, loss of profits or other damages or liabilities which may arise out of or result from any use made of this transcript or any error contained therein."
« Bien que CNW Telbec ait fait tous les efforts possibles pour produire cet audioscript, la société ne peut affirmer ou garantir qu’il ne contient aucune erreur. CNW Telbec ne peut être tenue responsable de pertes ou profits, responsabilités ou dommages causés par ou découlant directement, indirectement, accidentellement ou corrélativement à l’utilisation de ce texte ou toute erreur qu’il contiendrait. »
FINAL TRANSCRIPT
October 17, 2018 — 4:30 p.m. E.T. theScore Inc. Fourth Quarter and Year-End 2018 Results Conference
Call
Okay.AndtheperformancetrendswithiniOSandnon-iOS,Android,havebeenrelatively
similarorconsistentwithincategory?
BenjieLevy
Intermsofuserengagement,yes,correct.
RobGoff
Okay.Thankyou.
Operator
Thankyou.Therearenofurtherquestionsatthistime.Pleaseproceed,Mr.Bigg.
JamesBigg
Thanks,everyone,forjoiningusforourconferencecall.Welookforwardtopresentingto
youagainwhenwedeliverourQ1resultsinmid-January.
Operator
Ladies and gentlemen, this concludes your conference call today. We thank you for
participating,andaskthatyoupleasedisconnectyourlines.
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