Post on 01-Jan-2016
description
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 Leo.kim@nexstreaming.com +82 2 2194 5324
Erin Choi Erin.choi@nexstreaming.com + 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.
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
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