illumin Holdings Inc.

Good morning, everyone. Before we begin the official remarks, I will read the cautionary note regarding forward-looking information. Certain information to be discussed during this call contains forward-looking statements within the meaning of applicable security laws, including, among others, statements concerning the company's objectives, the company's strategy to achieve those objectives, as well as statements with respect to management's beliefs, plans, estimates, and intentions And similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Such forward looking statements reflects management's current beliefs and are based on information currently available to management and is subject to a number of significant risks and uncertainties that could cause actual results to differ materially from those anticipated. Please refer to the cautionary statements and the risk factors identified in our filings with CDAR and EDGAR for a more detailed explanation of the inherent risks and uncertainties that could affect such forward-looking statements. Following the presentation, we will conduct a Q&A session. I would now like to turn the conference call over to Tal Hayek, the co-founder and chief executive officer

Good morning, everyone. My name is Tal Hayek, and I'm the CEO and co-founder of Illumin. Well, I'd like to welcome all of you for joining us for our Q2 2023 investor presentation. As always, I'd like to thank the Illumin community for delivering such an amazing quarter. This is a quarter that we saw 17% year-over-year growth. And this is a time that we're seeing other companies in our space shrinking in revenue, and we're still growing at 17% year-over-year. So I'm very proud of our team for delivering that. This is a quarter that we did a complete rebranding into the Illumina name. But most importantly... an outstanding quarter for self-serve. We've added 51 new logos and we delivered $5.4 million in revenue, which is 145% increase from Q1 of this year. This is the focus of this company. Our focus is on bringing in new logos to our self-serve system and growing that revenue quarter over quarter. And we delivered absolutely fantastic results. Thank you, team, for doing that. Illumine is a journey advertising platform. It solves two huge problems in the industry. Problem number one, the consumer journey. Marketers get around a whiteboard and they plan a consumer journey. The problem is that when they're done, they have to execute it in silos. With Illumine, they can plan it right on the system. And then execute it right from the system. Not in silos. It all works together. Right down to execution. And the second problem that it solves is that you need to be an experienced expert in order to operate any DSPO programmatic system out there. With Illumine, you do not need to do that. Illumine is a very, very simple to use, highly intuitive system, drag and drop system that any average person can use. And it is the only platform that can execute on a consumer journey. Illumine is changing the world of advertising. Now, let's look at some of the numbers for Q2. As I said, Q2 total revenue was $33.2 million, which is up 17% year over year. And again, what we are mostly focused on is the low and self-serve revenue numbers, as you can see. we've delivered $5.4 million in revenue, which is up 145% from Q1. This is exactly what we've been talking about in the past. We're looking for the stacking effect of the revenue, which means we have existing clients, they spend, and as you see, every time you add new clients, they spend every month, we see new revenue coming from it. So that's been great. In fact, We did exit Q2 now at close to $22 million run rate for Illuminate Self-Serve. So if you guys remember, last quarter we delivered $12 million at the end of Q1 at the run rate. So great improvement there. from the amount of new logos that we're bringing in. In the beginning of last year, Q1, we delivered two new logos. Q2 delivered eight new logos. Q3, 17 new logos. Q4, 27 new logos. 40 new logos last quarter, and 51 new logos in Q2. So that is a number we're tracking on a regular basis, and it's a really good indicator about the future revenue. And now I would like to call on our Chief Revenue Officer, Nadeem, to share some of his thoughts.

Thank you, Tal.