Revenue increased 25% to US$11.2 million in Q2 2025 from US$8.9 million in Q2 2024, marking the fifth consecutive quarter of double-digit growth and a record-setting first half of the year, with US$20.2 million in revenue (up 33% YoY), while maintaining strong, 61% gross margins

Ad-supported streaming revenue(2) grew 8% YoY to a record US$7.4 million; excluding political sales(2) , growth was 13% YoY, marking our sixth consecutive quarter of double-digit growth in our core, Ad-supported streaming business

Mobile ad sales(2) surged 88% YoY to US$3.5 million, driven by performance marketing and mobile video adoption

92% of first half revenues from repeat customers, underscoring the predictability of Sabio's sales model

Balance sheet strengthened post-quarter with retirement of all convertible notes via private placement; CEO aligned with shareholders through participation

Conference call August 27, 2025 at 10:00 a.m. ET

TORONTO, Aug. 26, 2025 /PRNewswire/ -- Sabio Holdings Inc. (TSXV: SBIO) (OTCQB: SABOF) ("Sabio" or the "Company"), a Los Angeles-based ad-tech company specializing in helping top global brands reach, engage, and validate (R.E.V.) streaming TV audiences, today announced its unaudited financial results for the second quarter ended June 30, 2025. Unless otherwise indicated, all amounts are expressed in U.S. dollars.

"Our strong second quarter reflects both the resilience of our core ad-supported streaming business and the accelerating adoption of new offerings," said Aziz Rahimtoola, CEO & Co-founder of Sabio. "We delivered 25% year-over-year revenue growth and achieved the highest first-half sales in our history, surpassing even election-year results. With 92% of first half revenues from repeat customers, programmatic and mobile performance marketing scaling rapidly, and Creator TV distribution expanding, Sabio's sales trajectory has become increasingly predictable. This momentum demonstrates our ability to outpace the forecasted 13% industry growth rate(1) as brands shift their ad spend toward streaming TV.

"Importantly, our Creator TV platform has seen viewership growing over 300% across streaming partners since launch, underscoring its potential to capture the valuable Gen Z and millennial audience. The industry recognition we received this quarter -- including a Pollie Award for Best Ad Tech Innovation and the ITVT Award for Most Significant Newcomer -- further validates our technology and innovation leadership in ad-supported streaming. Together, these achievements position Sabio to build meaningful shareholder value as we enter the seasonally stronger second half of the year."

Financial Highlights

Revenue: Q2 2025 consolidated revenue increased 25% to a record US$11.2 million compared to US$8.9 million in Q2 2024. Excluding political sales(2) , growth was 29%. This marked our fifth consecutive quarter of double-digit revenue growth.

Ad-supported streaming revenue(2) : Up 8% YoY to a record US$7.4 million; excluding political sales, this revenue rose 13%, marking our sixth consecutive quarter of double-digit growth in our core, Ad-supported streaming business. Programmatic ad sales contributed US$0.3 million, recognized net of media costs.

Mobile ad sales(2) : Increased 88% YoY to US$3.5 million, reflecting strong adoption of Sabio's performance marketing offering.

Gross margin: Stable at 61% in Q2 2025, supported by efficiency gains and programmatic sales mix.

Adjusted EBITDA(2) : Loss of US$1.2 million versus a US$0.3 million loss in Q2 2024, driven by investments in Creator TV, programmatic, performance marketing, and cloud infrastructure. Sequentially, cloud costs(2) declined 15% versus Q1 2025 despite higher business activity.

Cash & liquidity: Cash of US$2.2 million as of June 30, 2025. Subsequent to quarter end, Sabio retired all CAD $1.7 million of convertible notes through a new CAD $1.8 million debenture financing subscribed in part by Sabio's CEO, strengthening the Company's balance sheet.

Business Highlights

Creator Television$(R)$ ("Creator TV"): Expanded distribution in June and July 2025 to Amazon Fire TV Channels, Xumo Play, and LiveTVx on Google TV. Viewership grew over 300% across platforms.

Industry Recognition: Creator TV named "Most Significant Newcomer" at the 21st Annual InteractiveTV Today (ITVT) Awards. Sabio also received a Pollie Award from the AAPC for "Best Ad Tech Innovation."

App Science$(TM)$: Continued as a differentiator powering 90% of campaigns run by top customers; database now tracks 80 million U.S. households.

Customer Growth: 33% of brands spending(2) in the first half of 2025 were new to Sabio, up from 28% in the prior year's period.

Geographic Expansion: European and UK revenues continued at triple-digit growth rates; U.S. growth led by New York, Los Angeles, and Detroit offices, with strong momentum in Washington D.C. advocacy.

Capital Markets: Normal Course Issuer Bid approved by TSX-V to repurchase up to 5% of outstanding shares.

Business Outlook

Sabio exited Q2 2025 with record first-half revenues and strong sales momentum heading into the second half, which has historically been seasonally stronger. Management expects continued adoption of programmatic CTV/OTT, Creator TV, and mobile performance marketing to continue double-digit revenue growth.

While macroeconomic uncertainties may weigh on short-term advertising budgets, Sabio's combination of repeat revenue (92%)(2) , rapid programmatic adoption (94% month-over-month growth in H1 2025), and ongoing international expansion position it well to continue outpacing the forecasted 13% growth rate of the U.S. Connected TV market.(2)

Notice of Conference Call

Sabio will host a live webinar to discuss its Q2 2025 financial results and corporate developments:

Date & Time: Wednesday, August 27, 2025 at 10:00 a.m. ET / 7:00 a.m. PT

Event: Presentation and Q&A Webinar with Sabio Holdings

Host: Aziz Rahimtoola, CEO, and senior management team

Webcast Registration Link: https://us02web.zoom.us/webinar/register/8017556242430/WN_-QI6ycWHR1qIEMSZ7jReXg

An archived replay of the webcast will be available in the Financial Information section of Sabio's corporate website following the event: sabioholding.com/investors/financial-information.

 
 
(1)  Digital video ad spend is booming despite challenges, Ocean Media, 
     oceanmediainc.com/2025-ctv-trends/#::text=CTV%20has%20firmly%20established%2 
     0it self,online%20video%20segment%20by%2043%25. 
(2)  Digital video ad spend is booming despite challenges, Ocean Media, 
     oceanmediainc.com/2025-ctv-trends/#::text=CTV%20has%20firmly%20established%2 
     0it self,online%20video%20segment%20by%2043%25. 
 
 
Selected Financials 
(All figures in US$ unless otherwise noted) 
 
                   For the three months ended      For the six months ended 
                  -----------------------------  ----------------------------- 
                  June 30, 2025   June 30, 2024  June 30, 2025   June 30, 2024 
                  --------------  -------------  --------------  ------------- 
                               $              $               $              $ 
----------------  --------------  -------------  --------------  ------------- 
Revenue               11,157,319      8,897,431      20,244,585     15,248,964 
Gross profit           6,817,374      5,449,794      12,373,793      9,211,798 
Gross margin                61 %           61 %            61 %           60 % 
Adjusted 
 EBITDA(2)           (1,197,152)      (281,774)     (2,798,729)    (1,590,558) 
Net increase in 
 cash and cash 
 equivalents 
 during the 
 period              (1,640,564)      (679,723)     (1,120,511)      (971,839) 
Cash and cash 
 equivalents - 
 end of the 
 period                2,179,928      1,640,273       2,179,928      1,640,273 
 
                   For the three months ended      For the six months ended 
----------------  -----------------------------  ----------------------------- 
                   June 30, 2025  June 30, 2024   June 30, 2025  June 30, 2024 
                  --------------  -------------  --------------  ------------- 
                               $              $               $              $ 
----------------  --------------  -------------  --------------  ------------- 
Income (Loss) 
 for the period      (1,377,658)    (1,042,929)     (3,670,860)    (3,055,036) 
----------------  --------------  -------------  --------------  ------------- 
Finance Costs            346,838        313,482         642,399        627,828 
Interest earned         (10,923)       (16,972)        (20,822)       (25,064) 
Amortization of 
 intangible 
 Assets                   44,754         49,874          89,614        101,021 
Stock-based 
 compensation             96,634         58,145         151,319        104,322 
Employee 
 retention tax 
 credit 
 received              (583,145)              -       (583,145)              - 
Impairment loss 
 on ROU asset                  -              -          20,275              - 
Gain on early 
 lease 
 termination                   -              -         (7,317)              - 
Amortization of 
 lease                   183,047        179,551         324,496        359,103 
Income taxes              12,386         12,830          25,151         24,779 
Foreign exchange 
 differences               9,848          5,284          12,729          7,327 
State and local 
 taxes                    19,125          9,480          48,230         29,348 
Severance 
 expenses                 61,942        149,481         169,202        235,814 
----------------  --------------  -------------  --------------  ------------- 
Adjusted 
 EBITDA(2)           (1,197,152)      (281,774)     (2,798,729)    (1,590,558) 
----------------  --------------  -------------  --------------  ------------- 
 
 
 
(2) See "Use of Non-IFRS Measures" below. 
 

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