160K

120K

80K

40K

Today

H2 ‘26

H1 ‘27

H2 ‘27

H1 ‘28

32k

73K

135K

220K

324K

Every new partner accelerates Layer 1. Every upsell deepens Layer 3. The model gets more efficient as the base grows.

€1.6m aGEP2

Live revenue, H1 2026

32K+ policies

Sold policies

+16% MoM

Sustained policy growth

220+ partner

Onboarded, 0% churn

June 2027

Monthly breakeven

2,10x

Burn multiple

€3.8M in GWP1

Gross Written Premiums

Cohort vintage

2026 base

H2 2026

H1 2027

H2 2027

H1 2028

Traction & Projection

32K → 324K policyholders by H1 2028 — from a cohort already in motion.

Each month, the portfolio compounds across three layers: retained policyholders from the existing base, new acquisitions from partner checkouts, and upsell revenue from policyholders adding more coverages.

GWP: Gross Written Premium, the total policy (contract) value per policyholder, assuming current cohort value, excluding potential cross- and upsell.

aGEP: Annual gross earned premiums, equivalent to annual recurring revenue, when measured across Frankly’s entire active costumer base on monthly paid premium times 12.