Clark Lampkin

Clark Lampkin asked for user engagement metrics for products like Live Banchtracker and Foresight and inquired about the future capital allocation strategy for share repurchases, specifically whether it would be programmatic or opportunistic.

Answer

CEO Carsten Koerl explained that products like Foresight are designed to stimulate in-running betting, with a goal to increase conversion rates. CFO Craig Felenstein addressed capital allocation, stating priorities are internal investment and M&A, but confirmed they will use both opportunistic and programmatic share buybacks going forward.

Clark Lampkin asked about the primary drivers behind the strong monetization growth, the specific impact from console users, and how monetization and advertising will contribute to achieving 20%+ growth going forward.

Answer

CEO David Baszucki noted the focus is on growing users, engagement, and monetization simultaneously. CFO Mike Guthrie elaborated that while console monetizes well, the growth was broad-based across all platforms, geographies, and demographics. He stressed that the core microtransaction business is the primary driver, with advertising expected to be incremental in the future.