Matterport 2Q23 Results
Recent highlights
$
000
8.8
808
&
Q2 total revenue of $39.6 million, up 39%
year-over-year, at high end of guidance
Q2 subscription revenue reached $20.9 million,
a new record
Total subscribers increased to 827,000, up 34%
year-over-year
Spaces Under Management increased to 10.5
million, up 31% year-over-year
Announced Genesis, a new initiative to deliver
generative Al across the Company's digital twin
platform
Q2 Non-GAAP Loss Per Share of $0.07, at high
end of guidance
Reorganized to streamline business operations
& achieve cash flow profitability in 2024
Notes:
For the definition of non-GAAP loss per share and a reconciliation to their most directly comparable
financial measures prepared in accordance with GAAP, please see the appendix. Unaudited
29.7
12 4.5
15 1.8
7'8.125"
94.25
3
17.75"View entire presentation