Yangaroo Q1 2025 Financial Results Announced

YANGAROO Inc. Achieves Eleventh Consecutive Quarter of Positive Normalized EBITDA, Driven by Operational Efficiencies

Toronto, Ontario – (May 30, 2025) – YANGAROO Inc. (YOOIF), a prominent software provider in media asset workflow and distribution solutions, today announced its financial results for the first quarter ended March 31, 2025. The complete financial filings and management’s discussion and analysis are accessible at
www.yangaroo.com and on the Company’s profile at www.sedarplus.ca. All figures in this release are denominated in United States dollars unless otherwise specified.

The company reported improved operating income and Normalized EBITDA for the quarter ending March 31, 2025. This performance underscores the company’s dedication to strategic execution and cost management, accompanied by a notable increase in operating income compared to the same period in 2024.

Total revenue for the quarter saw a decrease of $140,573, or 7% year-over-year. This decline was partially attributed to the non-renewal of a Millena3 client contract, a reduction in music video deliveries from the music division, and what the company believes to be more conservative spending by brands and advertisers resulting from recent geopolitical tensions and U.S. government trade protectionism measures, affecting the Advertising division. Despite facing these challenges, the company’s emphasis on operational efficiency and disciplined cost control led to positive operating income.

For the three months ending March 31, 2025, operating income and Normalized EBITDA increased to $24,526 and $264,251, respectively, from $17,371 and $237,581 in Q1 2024.

Grant Schuetrumpf, President and CEO of Yangaroo, commented, “We are pleased to announce our eleventh consecutive quarter of positive Normalized EBITDA, a testament to our stable operations and dedication to unparalleled client service. As we move through 2025, we will focus on executing our growth strategy, expanding our customer base, and further investing in our technology platform. Despite the current challenges and uncertainties in the advertising and music markets, we are well-positioned to capitalize on both organic and non-organic growth opportunities across all divisions.”

Q1 2025 Financial Highlights

• Revenue in Q1 2025 reached $1,782,058, compared to $1,922,631 and $2,241,659 in the first and fourth quarters of 2024, respectively.
  • Revenue decreased by $140,573, or 7%, compared to Q1 2024. The revenue drop was primarily due to lower revenue in the Advertising and Music segments, decreasing by 9% and 19%, respectively, which was slightly offset by increased revenue from Awards, which rose by 34%.
  • Revenue also decreased by $459,601 or 21% when compared to Q4 2024. The primary cause of this decrease was lower revenue in the Advertising division, by 19%, and Awards by 48%, somewhat offset by a rise in Music revenue of 12%. This revenue fall can largely be attributed to geopolitical unrest and seasonality, with the fourth quarter typically representing the peak period for volume and expenditure.
• Operating expenses in Q1 2025 were recorded at $1,757,532, down from $1,905,260 in Q1 2024 and $1,950,876 in Q4 2024.
  • Operating expenses declined by $147,728, or 8%, compared to Q1 2024. This decrease in operating expenses was mainly due to reduced costs in headcount, marketing, and technology expenses, partly offset by slightly higher general and administrative costs.
  • Operating expenses decreased by $193,344, or 10%, compared to Q4 2024. This reduction in operating expenses was principally a result of the Company’s restructuring and cost control measures, leading to lower salaries, technology, and marketing expenditure.
• Normalized EBITDA in Q1 2025 stood at $264,251, compared to $237,581 in Q1 2024 and $540,504 in Q4 2024.
  • Normalized EBITDA improved by $26,673, or 11%, compared to Q1 2024. This was chiefly due to an improvement in operating income brought about by the Management’s operational optimization strategy.
  • Normalized EBITDA decreased by $276,253, or 51%, compared to Q4 2024. This decrease was driven by seasonality, with the fourth quarter traditionally being the highest volume and spend period.

Financial Highlights

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