Captivision Business Combination Overview
BUSINESS COMBINATION OVERVIEW
OPERATIONAL BENCHMARKING
78%
Digital Media and Advertising
2024E
Revenue Growth
GLAAM
>100%
2024E
EBITDA Growth
GLAAM
Median: 5%
IT and Smart Products
Median: 5%
2%
5%
8%
4%
3%
9%
8%
(2%)
LAMAR
JCDecaux OUTFRONT/
legrand
<AcuityBrands. GENERAC
BARCO-
Clear Channel
Our
Median: 7%
15%
9%
4%
6%
3%
Median: 10%
32%
16%
(6%)
LAMAR
JCDecaux
OUTFRONT/
legrand
AcuityBrands GENERAC
BARCO
Clear Channel
Our
Median: 48%
49%
43%
2024E Gross
Profit Margin
NA
GLAAM
Median: 42%
72%
48%
51%
43%
36%
41%
LAMAR
JCDecaux
OUTFRONT/
legrand
AcuityBrands GENERAC BARCO-
Clear Channel
Orlan
Note: Metrics for peers based on FactSet consensus estimates; FactSet data as of 8/21/2023
GLAAM
PRIVATE AND CONFIDENTIAL // 38
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