LegalZoom.com Investor Presentation Deck slide image

LegalZoom.com Investor Presentation Deck

Lz GAAP and non-GAAP long-term financial targets GAAP and Non-GAAP Measures Revenue Growth Gross Margin (GAAP) Customer Acquisition Marketing "CAM" OpEx (exc. CAM)(¹) Adjusted EBITDA Margin(¹) FCF Margin(1) '20A 15% 67% 25% 25% 19% 18% '21A 22% 67% 34% 26% 8% 7% '22A 8% 66% 28% 29% 10% 8% Long-Term Targets (2) 24% + 71-73% 18-22% 21-23% 30% + 25% + (1) This is a non-GAAP financial measure. Refer to the Appendix for a reconciliation of this measure to the most directly comparable GAAP measure for the historical periods provided above. The Company has not reconciled this forward-looking non-GAAP measure to the most comparable GAAP measure because it is unable to provide a meaningful calculation or estimation of reconciling items and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing or amount of various items that would impact the most directly comparable forward-looking GAAP financial measure that have not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. (2) These are not projections; they are goals and are forward-looking, subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the control of the company and its management, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Please see the Forward-looking statements disclaimer slide at the beginning of this presentation. Nothing in this presentation should be regarded as a representation by any person that these goals will be achieved and the Company undertakes no duty to update its goals. 31
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