PIWORLD Investor Podcasts

This video can be seen at: https://www.piworld.co.uk/2019/04/09/the-property-franchise-group-tpfg-fy18-results-overview-by-ian-wilson-ceo/   The Property Franchise Group plc, formerly MartinCo PLC (MartinCo), is engaged in residential property franchise business. The Company operates as a franchise model focused on the United Kingdom residential lettings and property management services offered to private clients. It also offers estate agency services. Its brands include Martin & Co, Xperience, Ellis & Co, CJ Hole, Parkers and Whitegates. Martin & Co is a national brand with approximately 200 offices distributed across the United Kingdom. Martin & Co is a specialist lettings and property management business. Xperience brand includes is the property franchise business. Ellis & Co has over 20 offices within the M25 and one office in Tonbridge, Kent. CJ Hole is engaged in selling property within the estate agency market in the South West with over 20 offices throughout Bristol, Somerset and Gloucestershire. Its subsidiaries include Martin & Co (UK) Limited, Xperience Franchising Limited and Whitegates Estate Agency Limited. Highlights – 00:22 The Market – 01:25 Growth – 02:25 EweMove – 03:46 Outlook – 04:28

This video can be seen at: https://www.piworld.co.uk/2019/04/09/keywords-studios-kws-fy18-results-presentation/   by Andrew Day, CEO & David Broderick, CFO given on 8.4.19 Keywords Studios Plc supplies localization and localization testing services. The Company’s segments include Localization Services, which relate to translation and cultural adaptation of in-game text and audio scripts across multiple game platforms and genres; Localization Testing, which involves in testing the linguistic correctness and cultural acceptability of computer games; Audio/Voiceover Services, which relate to the audio production process for computer games and includes script translation, actor selection and talent management through pre-production, recording and post-production; Functional Testing, which relates to quality assurance services provided to game producers to ensure games functions as required; Art Creation Services, which relate to the production of graphical art assets for inclusion in the video game, and Customer Support, which relates to the live operations support services, such as community management, player support and associated services.

This video can be seen at: https://www.piworld.co.uk/2019/04/04/navigating-the-markets-with-stephen-english-part-1-of-2/   Stephen English BA(Hons), CFA Chartered FCSI Blankstone Sington: Investment Director – Head of AIM stocks Stephen gives great insight on the macro economic environment investors face today, and where he sees the opportunities. He talks about some criteria for his stock selection, illustrated with examples. He discusses catalysts for selling. He speaks of the changes to the market structure. He spots the themes illustrating where public markets are, in some instances, priced cheaper than private markets, which can mean PE buying listed companies too cheaply. And much, much more. A fantastic 40 mins … and there’s another 40 mins to go in a second interview to follow. What are your views on the macro picture for investors? – 00:20 What’s your strategy to take advantage of this macro picture? – 04:29 Growth stocks: what PE are you prepared to pay? – 09:12 Weighting of growth stocks? – 12:28 Which part of your portfolio are you uncomfortable with? – 16:09 What’s your timing on holdings? – 20:21 Which sectors are ripe for Private Equity now? – 25:24 Where do you think we are at in the tech cycle? – 27:23 Where are the opportunities in tech? – 33:33 About Stephen English: Stephen joined Blankston Sington in 2002 and works as an analyst generating research and investment recommendations across large and mid-cap companies as well as collective investment funds. Stephen is also responsible for selecting stocks in the Inheritance Tax Portfolio, comprised of AIM listed companies, which has been successfully managed since its inception in 2010.Stephen is a Chartered Fellow of the Chartered Institute for Securities & Investment (FSCI) and also holds the Chartered Financial Analyst® designation (CFA®). The CFA® designation is globally recognised and attests to a holder’s success in a rigorous and comprehensive study program in the field of investment management and research analysis. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. https://www.blankstonesington.co.uk/

----more----This video can be seen at: https://www.piworld.co.uk/2019/03/29/quixant-qxt-2018-full-year-results-presentation/   Jon Jayal (CEO), Guy Millward (CFO) and Gary Mullins (Group Strategic Sales Director), present the Group’s full years results to 31st December 2018. Quixant Plc is a United Kingdom-based company engaged in development and supply of computer systems. The Company’s range of gaming platforms includes personal computer (PC) compatible systems designed and catered to the gaming industry. The hardware integrates the features to drive pay to play machines in various gaming jurisdictions. Its software support Windows and Linux, including device drivers, gaming protocols, example code and even SAS support. The Quixant gaming platform range represents all-in-one logic box solutions for pay to play gaming machines. The Company’s products include QMax-1: the ultimate 4K gaming platform; QX-50: high performance 4K ultra HD gaming platform; QX-40: high performance multi-screen gaming platform; QXi-4000: high performance four-screen gaming platform; QXi-307: compact high performance gaming platform; QXi-106 : COMMA 6a gaming platform; Ultra High Definition Monitors; Curved Screen Monitors, and Button Deck/Cut Glass Monitor. Jon Jayal, CEO Introduction – 00:18 About Quixant – 00:36 Investment case – 03:19 Period highlights – 04:07 Guy Millward, CFO Profit and loss – 07:08 Cash Flow – 17:03 Gaming division segmental analysis – 21:16 Jon Jayal, CEO Gaming platforms – 23:39 Gary Mullins, Group Strategic Sales Director Sports betting – 25:14 Quixant gaming ecosystem – 25:55 Jon Jayal, CEO Button decks – 27:52 Densitron & broadcast – 29:09 Strengthening the business – 34:31 Market drivers – 36:18 Outlook – 41:54 Q&A – 42:50

This video can be seen at: https://www.piworld.co.uk/2019/03/29/somero-enterprises-som-2018-full-year-results-presentation/ Jack Cooney (CEO), Howard Hohmann (EVP Sales) and John Yuncza (CFO) present Somero’s final results to 31st December 2018. Somero Enterprises, Inc. is a manufacturer of laser-guided equipment. The Company’s equipment automates the process of spreading and leveling volumes of concrete for commercial flooring and other horizontal surfaces, such as paved parking lots in North America. The Company’s products include S-22E, S-15R, S-15M, STS-11M, S-840, S-485, CopperHead XD 3.0, Mini Screed C, PowerRake 3.0, 3-D Profiler and SiteShape. Its Somero Floor Levelness System monitors Laser Screed performance, operator performance and reports alert percentages of issues. The Somero SiteShape System allows for grade shaping automatically using users’ motor grader, dozer or other grading machine. The Somero 3-D Profiler System allows automatic paving of contoured sites using a Somero Laser Screed equipment. The CopperHead XD machine encounters applications, such as chaired rebar, low slump and poor subgrades. The Somero eXtreme Platform (SXP) allows users use their Laser Screed equipment. Jack Cooney, CEO  Introduction – 00:18 History of Somero – 00:32 The Somero Customer – 04:28 Customer care – 07:10 2018 review – 08:50 Howard Hohmann, EVP of Sales Global reach – 09:47 Sales by territory – 10:04 Sales by product – 14:26 John Yuncza, CFO Financial Highlights – 16:05 Operating results – 17:39 Financial position – 19:26 Cash flow – 20:12 Dividends – 21:50 Jack Cooney, CEO  Current trading & outlook – 24:13 Q&A – 26:56

This video can be seen at: https://www.piworld.co.uk/2019/03/28/xlmedia-xlm-2018-full-year-results-interview-with-ceo-ory-weihs/?preview=true&_thumbnail_id=2559   XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network. The Company owns over 2,000 informational Websites in approximately 20 languages. Its Media division acquires online and mobile advertising targeted at online traffic with the objective of directing it to its customers. It buys advertising space on search engines, Websites, mobile and social networks and places advertisement referring users to its customers Websites or to its own Websites. It manages marketing partners, whose role is to direct online traffic to its customers. Its partner program enables affiliates to have a single point of contact for directing traffic. Strategic realignment – 00:24 Share buyback - 01:45 Regulation - 02:13 Website ranking recovery - 05:30 Acquisitions – 05:58 Outlook - 06:22

This video can be seen at: https://www.piworld.co.uk/2019/03/26/xlmedia-xlm-fy18-results-presentation-26-3-19/?preview=true&_thumbnail_id=2549   By Ory Weihs, CEO XLMedia PLC is the United Kingdom-based online performance marketing company. The Company focuses on paying users from multiple online and mobile channels and directs them to online businesses who, in turn, convert such traffic into paying customers. The Company’s segments include Publishing, Media and Partners Network. The Company owns over 2,000 informational Websites in approximately 20 languages. Its Media division acquires online and mobile advertising targeted at online traffic with the objective of directing it to its customers. It buys advertising space on search engines, Websites, mobile and social networks and places advertisement referring users to its customers Websites or to its own Websites. It manages marketing partners, whose role is to direct online traffic to its customers. Its partner program enables affiliates to have a single point of contact for directing traffic. XLM in numbers - 01:18 Key highlights - 02:02 Gambling regulatory summary - 04:18 Financials - 09:52 Revenue diversification – 10:50 Income statement - 11:33 Cash flow statement - 12:55 Balance sheet - 13:35 Growth strategy - 14:08 Focus on Publishing Expertise - 15:00 Reduced exposure to media activities - 15:33 The Personal Finance Sector - 16:04 US gambling opportunity - 16:35 M&A - 17:29 Summary & outlook - 18:03

This video can be seen at: https://www.piworld.co.uk/2019/03/26/judges-scientific-jdg-2018-full-year-results-presentation/   By David Cicurel, CEO & Brad Ormsby, CFO, present the group’s results for year end 31.12.18 Judges Scientific plc is a United Kingdom-based company, which is engaged in the acquisition and development of a portfolio of scientific instrument businesses. The Company’s activities are predominantly in or in support of the design and manufacture of scientific instruments. Its segments include Materials Sciences and Vacuum. Its subsidiaries include Armfield Limited, engaged in the design and marketing of engineering equipment and research instruments; Fire Testing Technology Limited, which is engaged in the design, manufacture and service of instruments that measure the reaction of various materials to fire; Scientifica Limited, which offers micropositioning equipment, microscopes and advanced imaging systems used in electrophysiology and neuroscience; Quorum Technologies Limited, which manufactures scientific instruments primarily used for electron microscopy sample preparation, and Sircal Instruments (UK) Limited, which designs, manufactures and distributes rare gas purifiers. David Cicurel, CEO Introduction – 00:18 About Judges Scientific – 01:10 Acquisitions – 03:18 Key messages – 04:50 Brad Ormsby, CFO Financial highlights – 07:05 Performance – 08:49 Order intake – 10:03 Revenue summary – 11:21 Profit bridge – 12:38 Balance sheet & cash flow – 12:47 Return on Total Invested Capital – 13:58 Diversification – 15:10  Financial history – 15:43 David Cicurel, CEO Growth drivers – 16:44 Acquisition criteria & delivery – 23:53 Outlook – 26:26 Investment case – 28:15 Q&A – 30:00

This video can be seen at: https://www.piworld.co.uk/2019/03/22/eagle-eye-solutions-group-eye-h1-2018-results-presentation-13-3-19/   by Tim Mason CEO & Lucy Sharman-Munday CFO. Eagle Eye Solutions Group plc is a software as a solution (SaaS) technology company. The Company is engaged in the marketing, validation and redemption of digital promotions in real-time for the grocery, retail and hospitality industries. The Company’s software platform, Eagle Eye AIR, integrates with all existing point of sale (POS) systems and creates digital offers, rewards and vouchers then delivers them to customers by e-mail, text or through a loyalty application for instant redemption. Eagle Eye AIR enables brands and merchants to set up targeted campaigns, choosing various media channels to reach specific demographics. Eagle Eye AIR captures real-time data on consumer activity and campaign success. Eagle Eye Promote is a rules-based platform for brands and retailers, which creates, builds and manages their promotional campaigns. Eagle Eye Gift allows tracking of gift vouchers, including redemption data. Eagle Eye Reward supports and enables the digitisation of loyalty schemes. Tim Mason CEO Our mission – 00:38 The Market Opportunity – 02:45 Investment case – 05:17 H1 exec summary – 06:02 Lucy Sharman-Munday, CFO Financial KPI’s – 07:08 The business model – 10:04 Contract lifecycle – 13:20 Tim Mason CEO Strategic update – 16:11 Delivering on our strategy – 17:17 New products and innovation – 20:07 Google Cloud Platform (GCP) – 24:07 New geographies – 27:03 Lucy Sharman-Munday, CFO H1 19 Income statement – 29:56 Bridge IFRS 15/16 – 32:39 Half on half analysis – 35:27 Cash bridge – 37:21 Half on half volumes – 38:40 Tim Mason CEO Outlook – 40:19 Q&A – 41

  This video can be seen at: https://www.piworld.co.uk/2019/03/18/miton-group-mgr-2018-full-year-results/ David Barron, CEO, gives an overview of the Group’s 2018 full year results. Miton Group plc is an investment management company. The Company provides fund management services. Its funds are invested in a range of asset classes under various investment mandates, including multi-asset, equity and portfolios of collective investment schemes. Highlights – 00:20 Performance – 01:04 Resilience – 02:02 The outlook – 03:00