Etsy Investor Day Presentation Deck

... with margins that approach scaled marketplace levels 11.3% 2015 15.7% 2016 ADJ. EBITDA MARGIN (%) 18.1% 2017 Adjusted EBITDA margin is non-GAAP adjusted EBITDA divided by revenue Reconciliation of non-GAAP financial measures is contained in the appendix 23.1% 2018 30% or higher 5 Years Etsy

View entire presentation