Marti Investor Presentation Deck
Financial performance and projections summary
10
2020A
Net Revenue
($, million)
17
2021A
25
2022E
35
2023E
138
FD
27%
3
2020A
Gross Profit²
($, million)
32%
5
2021A
33%
8
2022E
45%
15
2023E
Gross Profit Gross Profit Margin
62%
85
FD
4
0
(8%)
2020A
Adjusted EBITDA³
($, million)
0
1%
2021A
EBITDA
(1)
(3%)
2022E
Adj. EBITDA
-4
(12%)
2023E
59
Source: Marti projected financials. 2020A and 2021A based on audited GAAP results. Note 1. 2023 estimates assume receipt of proceeds from the ~$62.0 million in convertible note PIPE commitments plus assumed additional financing, including incremental PIPE commitments of up to ~$88.0
million to be raised post-announcement. 2. Gross profit pre-depreciation. 3. 2023 Estimated EBITDA adjusted for ~$10m of proposed De-SPAC related transaction fees. 4. FD refers to Fully Deployed figures for the 12 months immediately following the consummation of the Business
Combination that Marti would be expected to achieve if only the proceeds from the approximately $62.0 million in convertible note PIPE commitments plus assumed additional financing, including incremental PIPE commitments of up to approximately $88.0 million to be raised post-
announcement were to be deployed towards purchasing e-scooters, e-mopeds and e-bikes immediately upon receipt.
FD4
(43%)
-Adj. EBITDA Margin
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