Investor Relations

2025 was an important pivotal year for Verimatrix for many reasons. After making significant investments to develop intelligent solutions for protecting video content and embedded applications, the success of the embedded solutions product line has not met its market share and subscriptions revenue growth targets. On the other hand, the growth in subscriptions related to video content protection solutions remains strong and presents opportunities in the future that are legitimate for Verimatrix.

I therefore decided to reposition Verimatrix on its core business and to look for the best buyer to bring the assets related to the protection of embedded applications to new successes.

We are starting this new phase of Verimatrix development with many strengths. Verimatrix has built a strong reputation as a provider of powerful and innovative solutions in the field of video content protection. The loyalty of our customers is strong and the major telecom operators trust us to support them in their strategy of protecting high value-added content in streaming or satellite mode.

The demand for scalable and intelligent solutions for the protection of streaming video content is strong, especially in the sports broadcasting market, and our Streamkeeper solutions are the perfect answer to this challenge.

In a difficult and highly competitive economic context, our new anti-video piracy offerings are starting to find their place and have enabled Verimatrix to grow the annualized value of our subscriptions portfolio by 7% compared to 2024. At the end of 2025, our strategic objective of having more than 67% recurring revenue was achieved, which reinforces our ability to return to sustainable and profitable growth in the coming years.

In 2025, we continued to adapt our organization by continuing to invest in innovative solutions while scaling our cost structure, in order to strengthen Verimatrix’s position as one of the undisputed leaders in its market.

A new dynamic is now in place and the Group is provided with the necessary resources for its development. We will continue to transform Verimatrix and I can count on the full involvement of the Group’s employees again in 2026.

March 2026