Investor Presentaiton
Business plan projections vs Actual 2022 YTD1
2022 YTD E
2022 YTD A
A
Comments
Average Daily Vehicles Deployed
34,865
31,290
(10)%
↓Shipping, customs and vehicle registration driven delays in deployment of new vehicles.
Average Daily Rides per Vehicle
2.26
2.53
12%
Higher share of total market rides than forecast.
Average Net Revenue per Ride (USD)
0.91
0.87
(4)%
Effect of Turkish Lira devaluation, offset by price increases.
Net Revenue (USD, thousands)
19,621
18,819
(4)%
Operating Costs, excl. D&A
(USD, thousands)
% of Net Revenue
(13,219)
(11,675)
(12)%
More efficient scaling of field operations and repair and maintenance teams by modality relative to plan.
67%
62%
G&A (USD, thousands)
(8,529)
(6,676)
(22)%
↑ Delays in prelisting advisory expenses.
% of Net Revenue
43%
35%
Adj. EBITDA (USD, thousands) 2
(2,620)
764
443%
Adj. EBITDA Margin
(13)%
4%
Source: Company information Note: The interim financials are non-GAAP management reporting financials and have not been audited or reviewed by the Company's independent auditors. 1. As of September 30. 2. Adjusted EBITDA: The Company defines Adjusted EBITDA as net income
(loss) plus non-operating income (loss), depreciation and amortization, net interest expense, income taxes, stock-based compensation and transaction costs.
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