Proforma 2023 Guidance and Long-Term Model
Proforma 2023 Guidance and Long-Term Model
($ millions)
Take Rate
Net Revenue
YoY Growth
2019A
2022A
Proforma
2022¹
Proforma
2023E¹
Long-Term
Target²
5.5%
7.4%
Double-digit
$93
$159
$127
~$210
24%
71%
NA
66%
30%+
Adjusted EBITDA
$13
$12
$17
~$25
YoY Growth
% Margin
NA
45%
14%
7%
14%
12%
30%+
1 Proforma excludes LBF as of January 1, 2022 and January 1, 2023
2 These long-term targets are forward-looking, are subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management,
and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Nothing in this presentation should be regarded as a representation by
any person that these objectives will be achieved and the Company undertakes no duty to update its objectives as circumstances change.
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