Sonder Investor Presentation Deck slide image

Sonder Investor Presentation Deck

Financial Overview We're on a path to achieving sustainable positive free cash flow with a healthy cash cushion and without a need for additional fundraising. Revenue and Free Cash Flow ($M) Revenue $202 Free Cash Flow¹ $ (107) 1H 2022 $259 $ (69) 2H 2022 $278 Q3 2023+ based on guidance → I $ (68) 1H 2023 $335- $355 Implied FY2023 ending total cash balance: $165M $185M $(55) - $ (35) 2H 2023E Our path to sustainable free cash flow positivity is driven by 4 levers: 1. RevPAR growth and improving property-level financial performance 2.57% embedded live unit growth 3. Declining overhead costs 4. Declining pre-opening costs Sonder (1) This is a Non-GAAP Financial Measure. Refer to section titled Non-GAAP Reconciliations for the reconciliation of our Non-GAAP Financial Measures to the most directly comparable GAAP Financial Measure. 15
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