Banzai International (BNZI) investor relations material

Executive summary

• Q2 2026 revenue was $2.3 million, down 27.3% year-over-year, with gross margin at 80.2% and net loss improving to $5.0 million from $7.9 million in Q2 2025, driven by cost reductions and operational efficiencies.

• Completed the acquisition of ConnectAndSell, an AI-powered sales enablement platform, in July 2026, expected to add $15 million in annual revenue and transform business scale.

• Rebranded to Parabolic and changed Nasdaq trading symbols in August 2026, aligning business units under a new strategic vision focused on agentic applications.

• Achieved a customer base of over 150,000, including blue-chip clients across multiple industries and geographies.

Financial highlights

• Six-month 2026 revenue was $5.0 million, down 23.6% year-over-year, with gross profit of $4.0 million and gross margin at 80.2%.

• Net loss improved 41% sequentially from Q1, reaching $5.0 million in Q2 2026, and six-month net loss was $13.4 million.

• Operating expenses for Q2 2026 were $6.2 million, down from $8.0 million in Q1 2026 and $7.4 million in Q2 2025.

• Adjusted EBITDA loss for Q2 2026 was $1.7 million, compared to $0.9 million in Q2 2025; six-month adjusted EBITDA loss was $3.5 million.

• Cash balance at June 30, 2026 was $0.6 million, up from $0.3 million at year-end, with a working capital deficit of $16.2 million.

Outlook and guidance

• ConnectAndSell acquisition expected to more than double annualized revenue, with a $6.5 million contribution in H2 2026 and full-year impact in 2027.

• EBITDA projected to improve by 50% and operating losses to decrease by 40% in H2 2026 versus H1.

• Management anticipates generating operating income, excluding non-cash expenses, on a monthly run rate basis starting Q2 2027.

• Additional financial synergies anticipated through cost consolidation by year-end 2026.

• Ongoing focus on raising capital through debt and equity to support operations and acquisitions.