Responsive Acquisition Marketing Platform (RAMP) slide image

Responsive Acquisition Marketing Platform (RAMP)

Regression: TEV/EBITDA vs. Revenue Growth S1 TEV / 2022 EBITDA 35.0x 30.0x 25.0x T 20.0x T 15.0x T ד 10.0x J2 GLOBAL 5.0x 5.0% O TechTarget EVERQUOTE lendingtree QUINSTREET Taboola 10.0% 15.0% SYSTEM I 20.0% 2021-2022 Revenue Growth Media Alpha R² = 70.6% 25.0% 30.0% Source: FactSet (as of 6/25/21) Note: System1 metrics are based on Pro Forma Billings Adj. Revenue & Pro Forma Billings Adj. EBITDA; Metrics for comparable companies presented are calculated on a Revenue & Adj. EBITDA basis. 43
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