MoneyLion SPAC Presentation Deck slide image

MoneyLion SPAC Presentation Deck

POWERFUL MODEL GENERATING PROFITABLE GROWTH FINANCIAL OVERVIEW $millions unless indicated otherwise Adjusted Revenue (1) Contribution Profit (2) Net Income (3) KEY METRICS Adjusted Revenue Growth Contribution Profit Margin User (000s) Payment Volume Originations 2019A $40 $2 ($92) 4% 894 2020P $277 $120 $76 $39 ($24) 90% 51% 1,434 Q4 2020P Run-Rate $512 $410 $102 $65 ($26) 197% 63% (4) 2021E $144 $94 ($28) 88% 65% 2022E 2,569 $1,511 $942 $258 $184 ($23) 80% 71% 2023E N/A 4,461 6,987 $696 $3,672 $5,599 $620 $2,045 $3,319 Note: 2020 results are preliminary and unaudited, and subject to change in connection with the completion of the audit 1. Adjusted Revenue defined as gross revenue net of direct charge-offs, excluding discontinued products. Adjusted Revenue is a non-GAAP measure. See Appendix for reconciliation of Adjusted Revenue to GAAP Total Revenue. 2. Contribution Profit defined as Adjusted Revenue less cost of sales including processing, data and other variable expenses. Contribution Profit is a non-GAAP measure. See Appendix for reconciliation of Contribution Profit to GAAP Net Income. 3. From continuing products. Fair value of warrants is based on 4Q 2020P for the calculation of Q4 2020P Run-Rate Net Income. 4. Represents growth over Q4 2019A run-rate Adjusted Revenue. $424 $332 $18 65% 78% '20P - '23E CAGR 77% 104% 70% 122% 101% | 34
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