Adveritas (AV1) AGM 2024 Presentation summary

Strategic direction and market positioning

• Transitioning from startup to scaler phase, focusing on refined product and go-to-market strategies for exponential growth and profitability.

• Targeting increased market share in sports betting, expanding into e-commerce, and partnering with agencies.

• Macroeconomic trends, such as demand for profitability and marketing efficiency, are favorable tailwinds.

• Management prioritizes shareholder value and client satisfaction.

Financial performance and growth metrics

• Achieved 224% growth in cash receipts to $2.05m and a 22% increase in customer numbers over 12 months to June 2024.

• Annualised recurring revenue (ARR) grew 496% in three years to over $6m.

• Record annual contract value (ACV) of $753k from a single enterprise client, up 560%.

• Quarterly cash burn reduced by 83% to $650k.

Product and technology

• Omni-channel solution covers mobile, affiliate, PPC, and social, providing real-time invalid traffic detection and prevention.

• Scalable technology applicable across multiple verticals, including finance, retail, and telecom.

• Imminent launch of a social solution to drive major upsells.

• Continuous innovation using AI and ML to combat evolving fraud techniques.