Dubai Centre for Family Businesses launches first Family Business Advisors Directory in Dubai
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The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has announced the launch of the first comprehensive directory of family business advisors in Dubai. The initiative seeks to empower family-owned businesses to effectively and efficiently access specialised consultancy services across a wide range of administrative and operational areas.
The directory serves as an effective tool for connecting family businesses with 56 trusted advisors. The curated list features a diverse group of experienced family business advisors, categorised into two groups: those with extensive practical expertise in advising family enterprises, and certified consultants who have completed the Certified Family Business Advisor (CFBA) and Certified Family Wealth Advisor (CFWA) programs delivered by the centre in partnership with the Family Firm Institute (FFI).
Family businesses seeking expert consultancy support can use the directory to identify the most suitable advisors across a wide range of management disciplines and sectors. These include the development of governance frameworks (both family and corporate), restructuring, succession planning, mergers and acquisitions, mediation, and commercial dispute resolution.
Each advisor featured in the directory has a dedicated profile outlining their professional background, relevant certifications related to family business advisory, and areas of specialisation, together with direct contact information.
The Dubai Centre for Family Businesses launched its Family Business Advisor Certification Programme in 2023 in collaboration with the Family Firm Institute (FFI), the world's leading organisation for research, education, and thought leadership on family enterprises. The programme offers professional certifications for qualified advisors whose expertise can enhance the competitiveness and sustainability of family businesses.
Developed in collaboration with FFI, the certification framework aims to create a trusted pool of accredited advisors that family businesses can confidently engage with. Through this partnership, family businesses also gain access to a wide range of resources and publications, as well as the opportunity to enrol in FFI's Global Education Network (GEN) certification programmes, which include the CFBA and CFWA programs. Participants benefit from comprehensive skills development opportunities to better serve their family business clients.
Launched under the umbrella of Dubai Chambers in May 2023, the Dubai Centre for Family Businesses is entrusted with ensuring the growth and long-term sustainability of family businesses in Dubai. The centre is dedicated to further developing this vital sector and enhancing its economic contribution to support Dubai's future development plans. The centre works closely with partners from the public and private sectors and provides support to all family businesses operating in Dubai.
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Lynkwell's ViaLynkTM network is the eighth-largest public charging network in the United States. Completed the acquisition of Inepro Pay, a Nayax distributor in the Benelux region. The acquisition expands Nayax's reach in the region, while improving efficiency and bringing Nayax closer to its customers. 2025 Financial Outlook For the full year 2025, Nayax is reaffirming its financial outlook of revenue growth of between 30% to 35%, representing a revenue range of $410 million to $425 million on a constant currency basis. This includes organic revenue growth of at least 25%. Adjusted EBITDA guidance for the full year remains between $65 and $70 million, driven by continued revenue growth, market expansion, the full integration of recent acquisitions, and continuous operational optimization. The Company expects at least 50% free cash flow conversion from Adjusted EBITDA for the full year 2025. 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Investor Conference Calls Nayax will host two conference calls to discuss its results later today, August 13, 2025. The first will be in English for international investors and the other in Hebrew for Israel-based investors to discuss its second quarter 2025 results. The conference call in English will be held at: 8:30 a.m. Eastern Time / 3:30 p.m. Israel Time / 5:30 a.m. Pacific Time. The conference call in Hebrew will be held at: 9:30 a.m. Eastern Time / 4:30 p.m. Israel time / 6:30 a.m. Pacific Time. Participating on the call will be Yair Nechmad, Chief Executive Officer, Sagit Manor, Chief Financial Officer, and Aaron Greenberg, Chief Strategy Officer For the conference call in English, Nayax encourages participants to pre-register using the link below. Those who pre-register will be given a unique PIN to gain immediate access to the call, bypassing the live operator. Participants may pre-register any time, including up to and after the call/webcast start time. Participants will immediately receive an online confirmation, an email with the dial in number and a calendar invitation for the event. To pre-register, go to: For those who are unable to pre-register, kindly join the conference call/webcast by using one of the dial-in numbers or clicking the webcast link below. U.S. TOLL-FREE: 1-877-737-7051 ISRAEL TOLL-FREE: 1-809-455-690 INTERNATIONAL: 1-201-689-8878 WEBCAST LINK: Following the conference call, a replay will be available until August 27, 2025. To access the replay, please dial one of the following numbers: Replay TOLL-FREE: 1-844-512-2921 Replay TOLL/INTERNATIONAL: 1-412-317-6671 Replay TOLL/Israel: 1-809-458-327 Replay Pin Number: 13755150 An archive of the conference call will also be available on Nayax's Investor Relations website Nayax - Investor Relations. To access the conference call/webcast in Hebrew, use the link: press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as 'anticipate,' 'believe,' 'could,' 'expect,' 'should,' 'plan,' 'intend,' 'estimate' and 'potential,' among others. Forward-looking statements include, but are not limited to, statements regarding our intent, belief or current expectations, such as statements in this press release regarding our financial outlook, future business prospects and the impact of recent acquisitions or partnerships involving Autel Energy, Nayax Capital, Lynkwell and Inepro Pay. Forward-looking statements are based on our management's beliefs and assumptions and on information currently available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors, including, but not limited to: our expectations regarding general market conditions, including as a result of the COVID-19 pandemic and other global economic trends; changes in consumer tastes and preferences; fluctuations in inflation, interest rate and exchange rates in the global economic environment; the availability of qualified personnel and the ability to retain such personnel; changes in commodity costs, labor, distribution and other operating costs; our ability to implement our growth strategy; changes in government regulation and tax matters; other factors that may affect our financial condition, liquidity and results of operations; general economic, political, demographic and business conditions in Israel, including the ongoing war in Israel that began on October 7, 2023 and global perspectives regarding that conflict; the success of operating initiatives, including advertising and promotional efforts and new product and concept development by us and our competitors; and other risk factors discussed under 'Risk Factors' in our annual report on Form 20-F filed with the SEC on March 4, 2025 (our "Annual Report"). The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. The forward-looking statements are based on our beliefs, assumptions and expectations of future performance, taking into account the information currently available to us. These statements are only estimates based upon our current expectations and projections about future events. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements. In particular, you should consider the risks provided under 'Risk Factors' in our Annual Report. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Each forward-looking statement speaks only as of the date of the particular statement. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our addition to various operational metrics and financial measures in accordance with accounting principles generally accepted under International Financial Reporting Standards, or IFRS, this press release contains financial metrics presented on a constant currency basis as well as Adjusted EBITDA and Free Cash Flow, each of which are non-IFRS financial measures, as a measure to evaluate our past results and future EBITDA is a non-IFRS financial measure that we define as loss for the period excluding finance expenses, tax expense (benefit), depreciation and amortization, share-based compensation costs, non-recurring issuance and acquisition costs and our share in losses of associates accounted for by the equity method. We present Adjusted EBITDA in this press release because it is a measure that our management and board of directors utilize as a measure to evaluate our operating performance and for internal planning and forecasting purposes. Accordingly, we believe that Adjusted EBITDA provides useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and board of directors. We believe that Adjusted EBITDA, when taken collectively with financial measures prepared in accordance with IFRS, may be helpful to investors because it provides an additional tool for investors to use in evaluating our ongoing operating results and trends and in comparing our financial results with other companies because it provides consistency and comparability with past financial performance. However, our management does not consider this non-IFRS measure in isolation or as an alternative to financial measures determined in accordance with IFRS. Adjusted EBITDA is presented for supplemental informational purposes only, has limitations as an analytical tool and should not be considered in isolation or as a substitute for financial information presented in accordance with IFRS. Adjusted EBITDA may be different from similarly titled measures used by other companies. The principal limitation of Adjusted EBITDA is that it excludes significant expenses that are required by IFRS to be recorded in our financial statements, as further detailed above. In addition, it is subject to inherent limitations as it reflects the exercise of judgment by management about which expenses are excluded or included in determining Adjusted EBITDA. A reconciliation is provided at the end of this press release for Adjusted EBITDA to net profit or loss, the most directly comparable financial measure prepared in accordance with IFRS. Investors are encouraged to review net loss and the reconciliation to Adjusted EBITDA included below and to not rely on any single financial measure to evaluate our presents constant currency information to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. Future expected results for transactions in currencies other than United States dollars are converted into United States dollars using the exchange rates in effect in the last month of the reporting period. Nayax provides this financial information to aid investors in better understanding our performance. These constant currency financial measures presented in this release should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with IFRS. The Company cannot provide expected net income without unreasonable effort because certain items that impact net income are out of the Company's control and/or cannot be reasonably predicted at this time, of which unavailable information could have a significant impact on the Company's IFRS financial cash provided from operating activities minus capitalized development costs and acquisition of property and equipment. A reconciliation is provided at the end of this press release for Free Cash Flow to Net cash provided from operating activities, the most directly comparable financial measure prepared in accordance with IFRS. Measured as a percentage of Recurring Revenue from returning customers in a given period as compared to the Recurring Revenue from such customers in the prior period, which reflects the increase in revenue and the rate of losses from customer churn. About Nayax Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite, and loyalty tools, enabling merchants to conduct commerce anywhere, at any time. With foundations and global leadership in serving unattended retail, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. As of June 30, 2025, Nayax has 12 global offices, approximately 1,200 employees, connections to more than 80 merchant acquirers and payment method integrations, and is globally recognized as a payment facilitator. Nayax's mission is to improve our customers' revenue potential and operational efficiency — effectively and simply. 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25,276 Current maturities of long-term bank loans 3,220 3,978 Current maturities of other long-term liabilities 5,751 1,353 Current maturities of leases liabilities 2,830 2,967 Payables in respect of processing activity 188,170 130,958 Trade payables 19,407 21,059 Other payables 41,533 33,887 Total current liabilities 260,911 219,478 NON-CURRENT LIABILITIES: Long-term bank loans 12,187 18,605 Other long-term liabilities 11,076 20,716 Post-employment benefit obligations, net 552 497 Bonds 140,252 - Lease liabilities 3,158 4,078 Deferred income taxes 3,685 4,274 Total non-current liabilities 170,910 48,170 TOTAL LIABILITIES 431,821 267,648 EQUITY: Shareholders Equity: Share capital 9 9 Additional paid in capital 230,733 220,715 Capital reserves 10,394 7,832 Accumulated deficit (39,649) (63,311) TOTAL EQUITY 201,487 165,245 TOTAL LIABILITIES AND EQUITY 633,308 432,893 NAYAX LTDCONDENSED CONSOLIDATED STATEMENTS OF LOSS (UNAUDITED) Six months endedJune 30 Three months endedJune 30 2025 2024 2025 2024 U.S. dollars in thousands (Excluding loss per share data) Revenues 176,699 142,049 95,589 78,087 Cost of revenues (90,628) (79,474) (49,417) (43,499) Gross Profit 86,071 62,575 46,172 34,588 Research and development expenses (14,884) (12,762) (7,732) (6,417) Selling, general and administrative expenses (58,759) (45,284) (31,218) (23,824) Depreciation and amortization in respect of technology and capitalized development costs (6,502) (5,383) (3,326) (2,812) Other income (expenses) 11,710 (506) 5,621 (378) Share of losses of equity method investees (226) (538) - (248) Profit (Loss) from ordinary operations 17,410 (1,898) 9,517 909 Financial Income 7,935 1,089 6,099 652 Financial Expense (5,958) (7,078) (3,631) (4,253) Profit (loss) before taxes on income 19,387 (7,887) 11,985 (2,692) Tax expense (579) (82) (333) (321) Profit (loss) for the period 18,808 (7,969) 11,652 (3,013) Basic earnings (loss) per share 0.511 (0.227) 0.316 (0.083) Diluted earnings per share 0.498 - 0.308 - NAYAX LTDCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (UNAUDITED) Six months endedJune 30 Three months endedJune 30 2025 2024 2025 2024 U.S. dollars in thousands Profit (loss) for the period 18,808 (7,969) 11,652 (3,013) Other comprehensive income (loss) for the period: Items that may be reclassified to profit or loss: Gain (loss) from translation of financial statements of foreign operations 529 (39) (157) 3 Gain on cash flow hedges 2,033 525 3,104 314 Total comprehensive profit (loss) for the period 21,370 (7,483) 14,599 (2,696) NAYAX LTDCONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) Sharecapital Additional paid in capital Remeasurement of post-employment benefit obligations Other capital reserves Foreign currency translation reserve Accumulateddeficit Totalequity U.S. dollars in thousands Balance as of January 1, 2024 (audited) 8 153,524 248 9,545 (150) (65,585) 97,590 Changes in the six months ended June 30, 2024: Loss for the period - - - - - (7,969) (7,969) Issuance of ordinary shares 1 63,190 - - - - 63,191 Other comprehensive income for the period - - - (39) 525 - 486 Employee options exercised and vesting of restricted shares * 2,078 - - - - 2,078 Share-based payment - - - - - 3,311 3,311 Balance as of June 30, 2024 (unaudited) 9 218,792 248 9,506 375 (70,243) 158,687 Balance as of January 1, 2025 (audited) 9 220,715 463 9,973 (2,604) (63,311) 165,245 Changes in the six months ended June 30, 2025: Profit for the period - - - - - 18,808 18,808 Issuance of warrants, net - 5,706 - - - - 5,706 Issuance of options due acquisition - 1,222 - - - - 1,222 Other comprehensive income for the period - - - 2,033 529 - 2,562 Employee options exercised and vesting of restricted shares * 3,090 - - - - 3,090 Share-based payment - - - - - 4,854 4,854 Balance as of June 30, 2025 (unaudited) 9 230,733 463 12,006 (2,075) (39,649) 201,487 (*) Presents an amount less than $1 thousand. NAYAX LTDCONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) Sharecapital Additional paid in capital Remeasurement of post-employment benefit obligations Other capital reserves Foreign currency translation reserve Accumulateddeficit Totalequity U.S. dollars in thousands Balance as of March 31, 2024 (unaudited) 9 217,330 248 9,503 61 (68,964) 158,187 Changes in the three months ended June 30, 2024: Loss for the period - - - - - (3,013) (3,013) Other comprehensive income for the period - - - 3 314 - 317 Employee options exercised and vesting of restricted shares * 957 - - - - 957 Issuance of ordinary shares * 505 - - - - 505 Share-based payment - - - - - 1,734 1,734 Balance as of June 30, 2024 (unaudited) 9 218,792 248 9,506 375 (70,243) 158,687 Balance as of March 31, 2025 (unaudited) 9 227,571 463 8,902 (1,918) (54,224) 180,803 Changes in the three months ended June 30, 2025: Profit for the period - - - - - 11,652 11,652 Issuance of options due acquisition - 1,222 - - - - 1,222 Other comprehensive income for the period - - - 3,104 (157) - 2,947 Employee options exercised and vesting of restricted shares * 1,940 - - - - 1,940 Share-based payment - - - - - 2,923 2,923 Balance as of June 30, 2025 (unaudited) 9 230,733 463 12,006 (2,075) (39,649) 201,487 (*) Presents an amount less than $1 thousand. NAYAX LTD CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) Six months ended June 30 Three months ended June 30 2025 2024 2025 2024 U.S. dollars in thousands CASH FLOWS FROM OPERATING ACTIVITIES: Net profit (loss) for the period 18,808 (7,969) 11,652 (3,013) Adjustments to reconcile net profit (loss) to net cash provided by operations (see Appendix A) (4,573) 17,299 1,294 12,203 Net cash provided by operating activities 14,235 9,330 12,946 9,190 CASH FLOWS FROM INVESTING ACTIVITIES: Capitalized development costs (12,488) (9,788) (6,262) (5,417) Acquisition of property and equipment (1,906) (1,009) (1,110) (849) Loans granted to related company (2,062) (559) (1,962) (300) Decrease (Increase) in bank deposits 9,006 (22,715) (549) 312 Interest received 2,873 1,045 1,576 612 Investments in financial assets (5,000) (284) (5,000) - Proceeds from sub-lessee 22 111 - 56 Payments for acquisitions of subsidiaries, net of cash acquired (15,541) (14,934) (7,341) (14,934) Repayment of contingent liability due consideration of subsidiary acquisition (5,519) - (1,983) - Net cash used in investing activities (30,615) (48,133) (22,631) (20,520) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of ordinary shares - 62,686 - - Proceeds from issue of bonds and warrants, net 132,941 - - - Interest paid (1,598) (2,339) (400) (1,254) Changes in short-term bank credit (26,000) (12,404) (774) 7,051 Receipt of long-term bank loans - 17,000 - - Repayment of long-term bank loans (7,079) (2,180) (805) (1,916) Repayment of long-term loans from others - (1,723) - (581) Repayment of other long-term liabilities (1,000) (100) - (76) Employee options exercised 2,680 2,626 1,484 1,730 Principal lease payments (1,433) (1,269) (729) (683) Net cash provided by (used in) financing activities 98,511 62,297 (1,224) 4,271 Increase (decrease) in cash and cash equivalents 82,131 23,494 (10,909) (7,059) Balance of cash and cash equivalents at beginning of period 83,130 38,386 176,763 68,569 Gains (losses) from exchange differences on cash and cash equivalents 6,889 (994) 6,605 (523) Gains (losses) from translation differences on cash and cash equivalents of foreign operations 117 1,026 (192) 925 Balance of cash and cash equivalents at end of period 172,267 61,912 172,267 61,912 NAYAX LTDCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) Six months endedJune 30 Three months endedJune 30 2025 2024 2025 2024 U.S. dollars in thousands Appendix A – adjustments to reconcile net loss to net cash provided by operations: Adjustments in respect of: Depreciation and amortization 11,735 9,561 6,014 5,043 Post-employment benefit obligations, net 35 (5) 24 (9) Deferred taxes (1,072) (772) (381) (283) Finance expenses, net 3,681 2,562 5,143 1,750 Expenses in respect of long-term employee benefits - 634 - 334 Profit from gaining control in subsidiary (12,152) - (6,063) - Share of loss of equity method investee 226 538 - 248 Long-term deferred income 105 570 144 261 Expenses in respect of share-based compensation 4,295 2,965 2,512 1,512 Total adjustments 6,853 16,053 7,393 8,856 Changes in operating asset and liability items: Increase in restricted cash transferable to customers for processing activity (20,435) (4,539) (8,766) (447) Increase in receivables from processing activity (35,347) (29,098) (15,895) (6,707) Increase in trade receivables (4,295) (3,289) (5,693) (3,684) Decrease (Increase) in other current assets (2,448) 2,220 (2,704) 2,873 Decrease (Increase) in inventory (2,498) 1,445 (1,714) 901 Increase in payables in respect of processing activity 57,212 35,257 25,689 9,304 Increase (Decrease) in trade payables (7,690) (269) (1,309) 4,115 Increase (Decrease) in other payables 4,075 (481) 4,293 (3,008) Total changes in operating assets and liability items (11,426) 1,246 (6,099) 3,347 Total adjustments to reconcile net loss to net cash provided by operations (4,573) 17,299 1,294 12,203 Appendix B – Information regarding investing and financing activities not involving cash flows: Purchase of property and equipment in credit 154 130 39 130 Recognition of right-of-use assets through lease liabilities - 584 - 63 Share based payments costs attributed to development activities, capitalized as intangible assets 559 346 411 222 IFRS to Non-IFRS Reconciliation Quarter ended(U.S. dollars in thousands) Jun 30, 2025 Jun 30, 2024 Net income/loss for the period 11,652 (3,013) Finance expense, net (2,468) 3,601 Income tax expense (benefit) 333 321 Depreciation and amortization 6,014 5,043 EBITDA 15,531 5,952 Share-based payment costs 2,512 1,512 Employment benefit cost(1) 188 - Other (income) expense(2) (5,621) 378 Share of loss of equity method investee - 248 ADJUSTED EBITDA 12,610 8,090 (1) Other compensation arrangements provided to the shareholders of VMT(2) Primarily gain recognized from remeasurement an equity accounted investee, upon obtaining control of Nayax Capital, professional services and expenses related to our recent acquisitions The following is a reconciliation of Operating Cash for the period, the most directly comparable IFRS financial measure, to Free Cash Flow for each of the periods indicated. Quarter ended(U.S. dollars in thousands) Jun 30, 2025 Jun 30, 2024 Operating Cash 12,946 9,190 Capitalized development costs (6,262) (5,417) Acquisition of property and equipment (1,110) (849) Free Cash Flow 5,574 2,924 The following is a reconciliation of OPEX for the period, the most directly comparable IFRS financial measure, to Adjusted OPEX for each of the periods indicated. Quarter ended(U.S. dollars in thousands) Jun 30, 2025 Jun 30, 2024 OPEX 42,276 33,053 Stock Based Compensation (2,371) (1,401) Depreciation & Amortization (5,710) (4,879) Employment Benefit Cost(1) (188) - Adjusted OPEX 34,007 26,773 (1) Other compensation arrangements provided to the shareholders of VMTError while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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Beamr in Q2-2025: Demonstrating the Validation of its Solution for the Autonomous Vehicle Market
Beamr Issues Q2-2025 CEO Letter to Shareholders and Announces its First Half 2025 Financial Results Herzliya, Israel, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today issued a Letter to Shareholders from Sharon Carmel, Chief Executive Officer, including its financial results for the six months ended June 30, 2025. Dear Shareholders: I am pleased to share with you our Q2-2025 activities and progress. A major highlight was the launch of Beamr's video compression solution to the autonomous vehicle (AV) market. We engaged in multiple Proof of Concepts (PoCs), several of them showing successful results, validating our contribution to this rapidly growing market with currently over 80 AV companies with test vehicles on the road. Video is a key component for training, simulating and validating AI models that are the heart of autonomous vehicles. Through our PoCs, we have learned about companies handling 100 to over 500 petabytes of video, spending millions and tens of millions of dollars on storage every year, while the amount of data is growing at a very fast pace. Managing this massive data presents pressing challenges for AV companies, including multi-year long-term storage and substantial infrastructure investment. As AV companies increase the amount of data required for their operations, we are aiming to position ourselves to offer Beamr's video GPU accelerated compression solutions to enable these companies to tackle their growing challenges. Beamr started its AV journey with a soft launch at NVIDIA GTC 2025 in March 2025 and a full launch at NVIDIA GTC Paris in June 2025. The strong interest we are receiving and the rapid pace of PoC engagements reflect significant momentum, and we are highly encouraged by the progress Beamr is currently making. Recently we published new blog posts highlighting the latest advancements in Beamr's AV solution and a successful PoC with an industry partner. To learn more, visit Beamr's blog. We see our contribution to the AV market as transformative, with the potential to deliver 20%-50% savings in storage costs alone. Beyond that, our PoCs are demonstrating additional, high-value benefits, including substantial reductions in network and data transfer costs and lower model training costs across AV and machine learning development workflows, all achieved without any loss in model accuracy. We believe that these efficiency gains position us as an accelerator for both operational scalability and competitive advantage in a rapidly expanding market. Gaining Traction in Growing Markets In the first half of 2025, we strengthened our presence across verticals where video is central to business activity, and its usage is growing rapidly. Our executives and sales directors participated in 6 key industry events and conducted more than 180 face-to-face and virtual meetings with existing and prospective customers, as well as strategic partners. We continue to expand our partnerships and gain traction in growing markets, such as media and entertainment and user-generated content, increasing our value proposition with GPU-accelerated video encoding at large scale and super resolution support. Our content-adaptive video compression technology addresses the critical challenges associated with large-scale video workflows, including storage, networking, and operational efficiency, both for human vision and machine vision. As we closed out the first half of 2025 and continue our progress in the second half of the year, we are looking forward to advancing our activities in the coming months. Collaboration with Industry Giants AI Video Webinar In January 2025, Beamr hosted a webinar titled: 'The Future of AI Video – From Infrastructure to Experience'. The webinar featured Richard Kerris, VP of Media and Entertainment at NVIDIA, Jeffrey Schick, VP Strategic Client Engagement Media and Entertainment at Oracle and myself. ACM Mile-High-Video 2025 In February 2025, I delivered a keynote speech at the ACM Mile-High-Video 2025 conference, a flagship video formats and streaming event, held in Denver, Colorado, titled 'Is the future of video processing destined for GPU.' NVIDIA GTC 2025 In March 2025, I presented to 430 attendees at NVIDIA GTC in San Jose, California a session titled: The Future of Video Compression is AI-Driven. The presentation explored how AI algorithms reshape video quality and usability and improve the efficiency of video workflows. During the event, we made a soft launch of Beamr's AV solution, resulting in positive engagements with both prospective clients and partners NAB Show 2025 In April 2025, I delivered a presentation at the Amazon Web Services (AWS) theater and participated in a panel at the Oracle streaming summit in the NAB Show 2025 in Las Vegas, Nevada. At the event, Beamr showcased our solution for scalable, high-quality, cost-efficient video content upgrade to the advanced AV1 codec. Our offering received the NAB Show Product of the Year award. NVIDIA GTC Paris 2025 In June 2025, we officially launched our AV solution at NVIDIA GTC Paris 2025. The event led to over a dozen meetings with AV industry companies, where our executives and sales team discussed how our solution addresses critical challenges in their infrastructure, long-term storage, and AI/ML workflows. This strong interest resulted in the initiation of some of the PoCs we have conducted in recent weeks. AWS Summit New York In July 2025, Beamr participated in the AWS Summit in New York City, further building our collaboration with AWS. Earlier this year we joined the AWS ISV Accelerate program, a global co-sell initiative for AWS partners, demonstrating strong alignment with AWS' go-to-market strategies and initiatives. Beamr had progressed from listing on AWS Marketplace to becoming an ISV Accelerate Member in just three months. First Half 2025 Financial Results Revenue increased by 7% to $1.07 million for the six months ended June 30, 2025, from $1.0 million for the six months ended June 30, 2024. The increase was primarily driven by new customer wins partially offset by other contracts that were not renewed. Gross Margin decreased to 86% for the six months ended June 30, 2025, from 91.5% for the six months ended June 30, 2024, primarily due to amortization of capitalized internal-use software costs related to our Beamr Cloud SaaS solution. Research and development expenses increased by $1.04 million, or 104% to $2.04 million for the six months ended June 30, 2025, from $1.0 million for the six months ended June 30, 2024. The increase was primarily due to an increase of $0.75 million in salaries due to increased personnel and an increase of $0.24 million in professional fees due to additional sub-contractors and cloud costs. Selling and marketing expenses increased by $0.75 million, or 242% to $1.06 million for the six months ended June 30, 2025, from $0.3 million for the six months ended June 30, 2024. The increase was primarily due to an increase in salaries due to increased personnel and an increase in conference costs, including travel and sponsorships. This increase was also related in part to growing investment in selling and marketing operations for the AV market. General and administrative expenses increased by $0.08 million, or 7% to $1.23 million for the six months ended June 30, 2025, from $1.15 million for of six months ended June 30, 2024. The increase was primarily due to an increase in salaries due to the hiring of additional personnel. Financing income increased by $0.64 million, or 161% to $0.24 million for the six months ended June 30, 2025, from $(0.4) million for the six months ended June 30, 2024. The increase was primarily due to interest income on bank deposits offset by change in fair value of derivative warrant liability in the comparable period. Net loss for the six months ended June 30, 2025 was $3.18 million or $0.21 basic loss per ordinary share, compared to a net loss of $1.96 million, or $0.13 basic loss per ordinary share, in the six months ended June 30, 2024. The increase in the net loss is attributed mainly to the increase in operating expenses. Beamr concluded the second quarter of 2025 with $13.9 million in cash, cash equivalents and deposits, continuing to reflect a strong balance sheet and providing the company with solid financial flexibility to support its strategic initiatives. We continue to see growing interest in our offerings, highlighting both rising demand and expanding market validation. We remain focused on implementing our vision and believe that Beamr will continue to capitalize on the significant validation that we have been creating as we convert prospects in the sales funnel into significant revenue growth in the coming quarters. We look forward to updating you on our exciting developments and achievements next quarter. Respectfully, Sharon Carmel Chief Executive Officer, Beamr Imaging Ltd. About Beamr Beamr (Nasdaq: BMR) is a world leader in content-adaptive video compression, trusted by top media companies including Netflix and Paramount. Beamr's perceptual optimization technology (CABR) is backed by 53 patents and a winner of Emmy® Award for Technology and Engineering. The innovative technology reduces video file sizes by up to 50% while preserving quality and enabling AI-powered enhancements. Beamr powers efficient video workflows across high-growth markets, such as media and entertainment, user-generated content, machine learning, and autonomous vehicles. Its flexible deployment options include on-premises, private or public cloud, with convenient availability for Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. For more details, please visit or the investors' website Forward-Looking Statements This press release contains 'forward-looking statements' that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr's strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'target,' 'aim,' 'should,' 'will' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission ('SEC'), including, but not limited to, the risks detailed in the Company's annual report filed with the SEC on March 4, 2025 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law. 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