Allbirds Investor Presentation Deck slide image

Allbirds Investor Presentation Deck

INVESTOR OVERVIEW Reconciliation of Adjusted EBITDA to its most comparable GAAP measure, net loss: (In Thousands) Net loss Net loss margin Add (deduct): Stock-based compensation, including common stock warrant expense Depreciation and amortization Other expense (income) Interest expense Income tax provision (benefit) Adjusted EBITDA Adjusted EBITDA margin allbirds Year Ended December 31, 2019 ($14,527) (8%) $4,318 2020 ($25,860) (12%) $6,684 $3,378 $7,110 $1,743 $452 $96 $297 $3,675 ($4,113) ($1,317) ($15,430) (1%) (7%) Mar 2021 ($13,197) (27%) $1,757 $1,806 $2,691 $51 $28 ($6,865) (14%) Quarter Ended Jun 2021 ($7,931) (12%) $2,772 $2,488 $3,288 $36 $437 $1,091 2% Sep 2021 ($13,802) (22%) $3,158 $2,410 $2,039 $53 ($167) ($6,309) (10%) 31
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