Bakkt Results Presentation Deck
FINANCIAL RESULTS
4022 Net revenues
●
4Q22 net revenues of $15.6mm
increased 14% YoY
• FY22 net revenues of $54.6mm
increased 38% YoY
●
4Q22 transaction revenues of
$7.8mm increased 14% YoY, driven
by higher margins and an increase in
air travel and merchandise volume in
loyalty redemptions
• 4Q22 subscription and service
revenues of $7.8mm increased 15%
YoY, primarily due to an increase in
service volume
B
$13.7
$6.8
$6.8
4Q21
Successor &
predecessor
combined
$12.5
$6.5
Net revenues ($mm)
4Q net revenues 14% YoY
$6.0
1Q22
$13.6
$7.0
$6.6
2Q22
■ Subscription and service
Note: All financial data on this slide is unaudited. 4Q21 combined revenue is a non-GAAP figure. 4Q21 subscription and service revenue comprised of $1.1mm and $5.8mm
for Predecessor and Successor periods, respectively. 4Q21 transaction revenue comprised of $1.1mm and $5.7mm for Predecessor and Successor periods, respectively.
$12.9
$6.6
$6.3
3Q22
Transaction
$15.6
$7.8
$7.8
4022
17View entire presentation