Nexxen International Ltd. 20-F Filing: Reduced Unpaid Additions
Ticker: NEXN · Form: 20-F · Filed: Mar 5, 2025 · CIK: 1849396
| Field | Detail |
|---|---|
| Company | Nexxen International Ltd. (NEXN) |
| Form Type | 20-F |
| Filed Date | Mar 5, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, subsidiaries, restructuring
Related Tickers: NEXN
TL;DR
Nexxen's 20-F shows unpaid additions down to $0.7M from $2M, with subsidiaries in liquidation.
AI Summary
Nexxen International Ltd. (formerly Tremor International Ltd.) filed its 20-F report for the fiscal year ending December 31, 2024. The company, incorporated in L3, reported USD 739 thousand in unpaid additions as of December 31, 2024, a decrease from USD 2,030 thousand in the prior year. The filing also notes fifteen inactive or liquidating wholly owned subsidiaries.
Why It Matters
This filing provides a snapshot of Nexxen's financial standing and corporate structure as of year-end 2024, indicating a reduction in outstanding liabilities and ongoing subsidiary restructuring.
Risk Assessment
Risk Level: medium — The presence of numerous subsidiaries in liquidation and a significant amount of unpaid additions, even if reduced, suggests potential financial or operational complexities.
Key Numbers
- USD 739 thousand — Unpaid Additions (2024) (Represents liabilities not yet settled at year-end.)
- USD 2,030 thousand — Unpaid Additions (2023) (Prior year comparison for unpaid additions.)
Key Players & Entities
- Nexxen International Ltd. (company) — Filer of the 20-F report
- Tremor International Ltd. (company) — Former name of Nexxen International Ltd.
- USD 739 thousand (dollar_amount) — Unpaid additions as of December 31, 2024
- USD 2,030 thousand (dollar_amount) — Unpaid additions as of December 31, 2023
- December 31, 2024 (date) — Fiscal year end and reporting date
- December 31, 2023 (date) — Prior year reporting date
FAQ
What is the total number of wholly owned subsidiaries Nexxen International Ltd. has?
Nexxen International Ltd. has fifteen (15) wholly owned subsidiaries that are inactive, liquidated, or in the process of liquidation.
What was the amount of unpaid additions for the fiscal year ending December 31, 2023?
As of December 31, 2023, unpaid additions amounted to USD 2,030 thousand.
What is the company's former name?
The company's former name was Tremor International Ltd., with a name change effective March 4, 2021.
What is the company's primary business address?
The company's business address is 82 Yigal Alon Street, 13th Floor, Tel Aviv, L3, 6789124.
What is the company's stock exchange listing?
The company is listed on NASDAQ.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 5, 2025 regarding Nexxen International Ltd. (NEXN).