Talenthouse to strengthen core business with new equity

Talenthouse AG is raising CHF25m to strengthen its balance sheet and enable management to take advantage of attractive M&A opportunities.

(Baar / Switzerland) Talenthouse AG (“Talenthouse” or the “Company”), the leading tech platform in the creator economy that connects over 20 million creatives with brands and audiences is raising CHF25m to strengthen its balance sheet and enable management to take advantage of attractive M&A opportunities.

Talenthouse can report impressive achievements between 2021 and heading into 2023:

●        Acquired Coolabi (a digital creator of children’s TV and Apps) and acquired and integrated EyeEm (connects over 8M photographers/creatives with brands and audiences) and Creative Commission;

●        Growing topline revenue more than 5 fold from CHF 6m in 2020 to over CHF30m (expected) in 2023; including, annualised revenue contract worth $9 million in total spread across 2023-2024 with a leading UK broadcaster

●        Producing an EBITDA swing from CHF (5.8)m to positive CHF 6.6m in 2023 (expected)

●        Improving overall Gross Margin to 70.8% in 2023 (expected)

Clare McKeeve, CEO of Talenthouse: "With the creator economy continuing to grow at rates of 20% annually we see ample opportunity to improve our position in the market. This capital raise will make it easier for us. We intend to spend the money on accelerating our growth.“

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Disclaimer

This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Talenthouse AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seq. of the Swiss Federal Act on Financial Services. In addition, investors should seek advice from their bank or their financial adviser.

This media release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. Readers should therefore not rely on these forward-looking statements. The forward-looking statements contained in this media release are based on the views and assumptions of Talenthouse AG as of this date and Talenthouse AG does not assume any obligation to update or revise this media release.

Talenthouse contacts:

Investor Relations:

Email:  Amy Laine amy.laine@talenthouse.com

            Scott Lanphere invest@talenthouse.com

Media Relations:

Email: Brigitte Kaps brigitte@talenthouse.com

Phone: +41 43 344 38 38 or Mob +41 79 289 2042

About Talenthouse AG

Talenthouse AG is the technology platform and services company that brings brands and a global network of creatives together to make innovative content that engages, inspires, and drives action. Talenthouse is leading a structural shift in the way that creative content is produced, employing a platform business model to source content at the scale and quality required to keep pace with consumer demand in the digital age. In doing so, it is also opening up opportunities for a much larger pool of creative talent. While most industries are in recession, the global creator economy, a $2.8 trillion market, is still growing at 20% per annum. With a view to publicly listed peers, Talenthouse shares provide a clear upside on valuation. This is supported by analyst reports, pointing towards a CHF 0.33 target price which represents a 500% potential on the current price.

TalentPlus is Talenthouse AG’s financial services vertical, providing creators with financial services solutions to support their creative endeavours. The company is registered in Switzerland and operationally headquartered in London with offices in LA, NYC, Berlin, Venice, Peterborough and Philadelphia. For more information visit: www.business.talenthouse.com 

Stock exchange listing:   SIX Swiss Exchange (www.six-swiss-exchange.com)                       

Ticker symbol:                   THAG (CH)                                                                                               

Security number:               1 081 986                                                                                                         

ISIN:                                   CH0010819867                                                                                              

Contact:                              Talenthouse AG, Zugerstrasse 8a, CH-6340 Baar, Switzerland