Rezolve's Business Expansion and Financial Performance slide image

Rezolve's Business Expansion and Financial Performance

Revenue Diversification and Operating Expense Detail Revenue growth and diversification is supported by investments in product development, additional agreements, and corporate expenses Revenue (1) Diversification Operating Expense Detail ($ in millions) 35% Gross Margin $82 32% Gross Margin $219 2021E 41% Gross Margin $486 53% Gross Margin % of Total ($ in millions) Revenue $1,050 13% 10% 2022E 2023E 2024E ■Geozone Revenue ■Mall Affiliate Revenue ■ Other ■Transaction Revenue 110% of rev $242 66% of rev $323 43% % of of rev $454 Total OpEx 44% 55% 44% 67% of rev $55 23% 12% 2021E 2022E 2023E 2024E ■ R&D ■ S&M ■ G&A Near term revenue composition comprised of Geozone revenue Greater revenue diversification achieved as transaction revenue and affiliate revenue continue to grow o Gross profit margin expands from 35% in 2021E to 53% in 2024E, driven by revenue mix shift O Increasing operating leverage as the business scales. R&D growth driven by investments in new product and feature development o Ongoing S&M effort with continued focuses on new agreements and marketing support of existing merchant base and churn management Note: Financials based on management plan, per U.S. GAAP. 1. Revenue displayed as net revenue. Other revenue is composed of annual user charges, watermark revenue, Taiwan e-tailing revenue and revenue from media company advertising. 22 rezolve instant salesware
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