Bright Machines SPAC

Revenue Growth (CY 2020A-CY 2022E) Gross Margin (CY 2021E) EBITDA Margin (CY 2021E) Operational Metrics Overview Automation Technology 20A 25E 50% 2025E ag% 2025E Bright Machines. Bright Machines 18% 75% 36% COGNEX 14% (1) (2) 83% 55% KEYENCE 57% 24% Trimble Peer average: 11% Peer median: 9% 8% Peer average: 64% Peer median: 64% 64% Peer average: 35% Peer median: 36% 37% 41% HEXAGON 21% RA Rockwell on Automation Software 29% 2996 AVEVA (31 16% 92% 3496 A AUTODESK 1396 B1% 34% ptc Peer average: 15% Peer median: 13% 12% Peer average: 82% Peer median: 81% 92% 78% 7% Peer average: 37% Peer median: 34% 54% 32% 3 Bentley @aspentech Category Creators(¹) 29% 20A-25E 2025E 19% 2025E Source Company management, public filings and FactSet as of 5/3/2 Revenue growth represents CY 2020A-2025E CAGR and margins represent CY 20a5l margins for Category Creators and Recent De-SPAC Desktop Metal multiples reflect current enterprise value and broker consensus estimates Berkshire Gray and Markforged metrics based on company-forecasted values presented in 5-4 flingi AVEVA metrics not pro forma adjusted for March 2023 05isoft acquisition TESLA Peer average: 29% Peer median: 29% 29% 20A-25E 20A-25E Peer average: 45% Peer median: 48% 65% 22% 2896 2025E 2025E Peer average: 20% Peer median: 20% 2025E Uber 48% 20% 2025E PELOTON Recent De-SPACS(¹)(2) 1216 20A-25E 51% 2025E 26% 2025E Peer average: 91% Peer median: 93% 93% 20A-25E 20A-25E Peer average: 54% Peer median: 51% 48% 25% 59% 2025E 2025E Peer average: 25% Peer median: 25% 2025E BG 62% 2025E Markforged Ⓒ2021 Bright Machines, Inc. 40

View entire presentation