Bakkt Results Presentation Deck
NOTES
Statement
operations
(unaudited)
of
bakkt
$mm's
Revenues:
Net revenues (includes related party net revenues of $14
and affiliate net revenues of $(17), respectively)
Operating expenses:
Compensation and benefits
Professional services
Technology and communication
Selling, general and administrative
Acquisition-related expenses
Depreciation and amortization
Related party expenses (affiliate in Predecessor period)
Other operating expenses
Total operating expenses
Operating loss
Interest income (expense), net
Gain from change in fair value of warrant liability
Other income (expense), net
Loss before income taxes
Income tax benefit (expense)
Net loss
Less: Net loss attributable to noncontrolling interest
Net loss attributable to Bakkt Holdings, Inc.
Net loss per share attributable to Bakkt Holdings, Inc.
Class A common stockholders per share:
Basic
Diluted
Successor
2Q22
$13.6
34.2
1.9
4.2
9.8
0.2
6.1
0.3
0.5
57.1
(43.6)
0.2
10.3
0.4
(32.7)
5.1
(27.6)
(23.7)
$(3.9)
$(0.05)
$(0.05)
1Q22
$12.5
35.1
4.7
4.4
9.4
0.5
5.9
0.4
0.7
61.0
(48.5)
0.1
2.4
(0.5)
(46.5)
3.1
(43.3)
(36.2)
$(7.1)
$(0.12)
$(0.14)
Predecessor
2Q21
$8.5
19.9
0.8
3.9
9.0
2.5
3.0
0.5
0.3
39.8
(31.3)
(0.1)
0.0
(0.3)
(31.7)
(0.2)
(31.9)
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