Nexstreaming_IR_2013Q2_ENG_fin

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NexStreaming (KOSDAQ: 139670) is a global multimedia software company with headquarters in Seoul (Korea) and branches in Europe, Taiwan, the US, China and Japan. Not only have NexStreaming's sales been rising steadily but the proportion of sales to major global media customers and smartphone manufacturers has also been growing. NexStreaming is a publicly traded company listed on the Korean stock market, KOSDAQ. Products NexPlayer NexPlayer is a powerful mobile media player supporting any video service for mobile devices, from mobile and cable operators to broadcasters and content producers. Already powering more than 250 million handset units, NexPlayer provides the latest technology such as HTTP Live Streaming and Smooth Streaming. NexPlayer SDK (Software Development Kit) For Android media players, many Video Service Providers choose the NexPlayer SDK to offer video and audio in their apps. It is also available for Windows 8 and iOS application developers. KineMaster (formerly NexEditor) An avant-garde video editing tool provided for Android smartphones and tablets built on the experience and technological expertise NexStreaming has in the embedded field. PopPlayer A full HD Media Player with playback speed control already available at Google Play, PopPlayer can be a unique, personalized entertainment solution. It contains not only easy-to-use standard media player features but also Cloud service and unlimited bookmarks. September 4 th , 2013 IR Department Leo Kim [email protected] +82 2 2194 5324 Erin Choi [email protected] + 82 2 2194 5159 We are here to help meaningful digital content thrive. Company Overview General Information CEO Il-Taek Lim Date Established September 9 th , 2002 Number of Employees 100 (as of August 31 st , 2013) HQ Address 2, 3, 4, 5th Fl, Gwangseong Bldg., 11 Yeoksam-ro-3-gil, Gangnam-gu, Seoul, Korea Financial Information (as of June. 2013, $ 1 = 1,117 KRW) Assets $ 22M Liabilities $ 4M Equity $ 18M Issued Capital $ 3M Stock Information (as of June. 2013, $ 1 = 1,117 KRW) Total Number of Shares 7,016,911 52-Week Range $ 9.31 - $ 3.69 Market Cap $ 54M 2013 Q2 Investor Relations This document was created to provide a better understanding of NexStreaming Corporation. All data that is used in this document is based on the 2012, 2013 Annual and Quarterly Reports. Unauthorized redistribution or copying of any material in this document is strictly prohibited.

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Transcript of Nexstreaming_IR_2013Q2_ENG_fin

Page 1: Nexstreaming_IR_2013Q2_ENG_fin

NexStreaming (KOSDAQ: 139670) is a global multimedia software company with headquarters in Seoul (Korea) and branches in Europe, Taiwan, the US, China and Japan. Not only have NexStreaming's sales been rising steadily but the proportion of sales to major global media customers and smartphone manufacturers has also been growing. NexStreaming is a publicly traded company listed on the Korean stock market, KOSDAQ.

Products • NexPlayer

NexPlayer is a powerful mobile media player

supporting any video service for mobile

devices, from mobile and cable operators to

broadcasters and content producers. Already

powering more than 250 million handset units,

NexPlayer provides the latest technology such

as HTTP Live Streaming and Smooth Streaming.

• NexPlayer SDK (Software Development Kit)

For Android media players, many Video Service

Providers choose the NexPlayer SDK to offer

video and audio in their apps. It is also available

for Windows 8 and iOS application developers.

• KineMaster (formerly NexEditor)

An avant-garde video editing tool provided for

Android smartphones and tablets built on the

experience and technological expertise

NexStreaming has in the embedded field.

• PopPlayer

A full HD Media Player with playback speed

control already available at Google Play,

PopPlayer can be a unique, personalized

entertainment solution. It contains not only

easy-to-use standard media player features but

also Cloud service and unlimited bookmarks.

September 4th, 2013

IR Department Leo Kim [email protected] +82 2 2194 5324

Erin Choi [email protected] + 82 2 2194 5159

We are here to help meaningful digital content thrive.

Company Overview

General Information

CEO

Il-Taek Lim

Date Established September 9th, 2002

Number of Employees 100 (as of August 31st, 2013)

HQ Address

2, 3, 4, 5th Fl, Gwangseong Bldg., 11 Yeoksam-ro-3-gil, Gangnam-gu, Seoul, Korea

Financial Information (as of June. 2013, $ 1 = 1,117 KRW)

Assets $ 22M

Liabilities $ 4M

Equity $ 18M

Issued Capital $ 3M

Stock Information (as of June. 2013, $ 1 = 1,117 KRW)

Total Number of Shares 7,016,911

52-Week Range $ 9.31 - $ 3.69

Market Cap $ 54M

2013 Q2 Investor Relations

This document was created to provide a better understanding of NexStreaming Corporation. All data that is used in this document is based on the 2012, 2013 Annual and Quarterly Reports. Unauthorized redistribution or copying of any material in this document is strictly prohibited.

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80.4 92.1 87.6

75.3 72.5

4.3

1.0 9.3 22.2 27.5

'09 '10 '11 '12 '13 H1

Device makers

LG SAMSUNG Lenovo

FOXCONN MOTOROLA TCL

Media &

Telecom

Time Warner Cable TURNER HBO GO

NHN DIRECTV Bouygues Telecom

Sports

MLB WWE Real Madrid

Solution Providers

Inside SECURE irdeto IBM

43%

45%

26% 29% 24%

46%

38%

24% 25%

23%

'09 '10 '11 '12 '13 H1

Operating Income

Net Income

Revenue Trends: Revenue Breakdown (by %) (Unit: %)

NexPlayer NexPlayer SDK Other

Operating Income & Net Income (Unit: % of Total Revenue)

Investment Facts Technological Strengths NexStreaming provides partners and customers with high technology solutions to rapidly changing market trends. The experience accumulated while providing software on more than 250 million handset units lends NexStreaming the unparalleled know-how to adapt and integrate emerging technologies in record time with proven reliability.

• High Modularity, Interoperability,

Optimization, and Accumulated Experience based on the delivery of products for more than 250 million mobile units

→ We can deal with the challenging variety of device H/W specifications. (ex. mobile application chip, etc)

• Ability to read fast-moving market

trends thanks to relationships with Top-Tier Global companies

→ We can solve the problem of smartphone fragmentation based on the diversity of OS and HW specifications. • The World’s Highest Quality Video

Codec Technology → As social networking services drive an increasing demand for full HD video, we can help content producers provide the higher quality streaming services they need.

• Cutting Edge Cross-Platform

(Android, iOS, Windows 8) Technology based on long-term participation in streaming technology standardization organizations

→ As the importance of portable devices grows, we can meet the market needs for mobile solutions with the same functionality as desktop computer offerings.

* The table above indicates NexStreaming’s direct/indirect customers.

Key Customers

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30 35

39 39 41

53

'12 Q1 '12 Q2 '12 Q3 '12 Q4 '13 Q1 '13 Q2

Financial Summary

Balance Sheet (Unit: 1 million KRW)

2013 Q2 2012 2011 2010

Current Assets 22,237 19,663 17,429 12,388

Non-current

Assets 2,028 1,977 1,804 568

Total Assets

24,265 21,640 19,214 12,956

Current Liabilities 2,577 1,851 1,241 1,835

Non-current

Liabilities 1,876 1,491 984 435

Total Liabilities 4,453 3,342 2,225 2,270

Issued Capital 3,508 3,502 3,313 2,966

Capital Surplus 4,568 4,465 4,189 455

Capital

Adjustment (1,955) (1,951) 243 365

Retained Earnings 13,691 12,282 9,244 6,901

Total Equity 19,812 18,298 16,989 10,686

Income Statement (Unit: 1 million KRW)

2013 Q2 (Accum.)

2012 2011

Revenue 8,113 15,289 12,021

Operating Expenses 6,150 10,918 8,906

Operating Income 1,963 4,371 3,124

Other Expenses 261 314 270

Income Before Taxes 2,224 4,685 3,394

Income Tax Expense 355 795 553

Net Income (Loss) 1,869 3,890 2,840

(as of June. 2013)

For more information, visit www.nexstreaming.com

NexPlayer SDK for Content Providers

Active Customers (By Quarter) (Unit: # of Customers)

150 350 287

426 509

711 398

441 749

591

637

627

'12 Q1 '12 Q2 '12 Q3 '12 Q4 '13 Q1 '13 Q2

548

791

1,036 1,017 755

NexPlayer SDK Revenue Trend (Unit: 1 million KRW)

Annual License Fees Other (Up-front fees, Royalty, etc.)

1,146

1,338