Bridge Investment Group Results Presentation Deck
Appendix
Unaudited Non-GAAP to GAAP Reconciliation - Historical Pro Forma & Actual
($ in thousands)
Cash-based employee compensation and benefits
Compensation expense of Bridge property operators
Share-based compensation
Employee compensation and benefits
Administrative expenses, net of Bridge property operators
Administrative expenses of Bridge property operators
General and administrative expenses
Unrealized gains (losses)
Other expenses from Bridge property operators
Net interest income (expense) and realized gain (loss)
Other income (expense), net
Total other income (expense)
Cash income attributable to non-controlling interests in subsidiaries
Non-cash income attributable to non-controlling interest in subsidiaries
Realized performance allocations attributable to non-controlling interests
Unrealized performance allocations attributable to non-controlling interests
Net income attributable to non-controlling interests in Bridge Investment
Group Holdings LLC
BRIDGE INVESTMENT GROUP
12/31/2020 3/31/2021 6/30/2021
21,653 $ 20,308 $ 21,403 $
6,925
6,002
6,279
7,287
3,133
16,916
35,865 $ 29,443 $
44,598 $
$
$
$
$
$
$
$
Pro Forma
1,438 $
2,601
4,039 $
(225) $
(22)
(1,751)
(1,998) $
8,133 $
15,827
28,994
2,270 $
1,830
4,100 $
5,780 $
(21)
(630)
5,129 $
2,648 $
4,486
9,586
$ 52,954 $ 16,720 $
¹ Pro forma assumes the Transactions and IPO occurred prior to reported period.
3,394 $
1,997
5,391 $
317 $
(19)
(1,995)
(1,697) $
5,829 $
20,593
25,517
51,939 $
Three Months Ended
9/30/2021 12/31/2021 3/31/2022
23,173 $ 31,228 $ 32,539 $ 30,120 $
6,138
6,667
7,677 10,020
2,452
3,592
7,264
6,553
31,763 $ 41,487 $ 47,480 $ 46,693 $
4,802 $
1,901
6,703 $
2,565 $
(18)
(1,381)
1,166 $
12,154 $
17,142
31,605
60,901 $
6,507 $
2,112
8,619 $
705 $
(16)
(848)
(1,723)
(1,882) $
14,568 $
5,913
64,778
Actual
85,259 $
6,740 $
2,768
9,508 $
479 $
(14)
(450)
15 $
(150) $
6,094
30,769
36,713 $
6/30/2022 9/30/2022 12/31/2022
34,242 $ 29,351
11,102
9,436
9,624
54,968 $
8,702
47,489
6,617 $
3,152
9,769 $
3,483 $
(13)
(1,529)
1,941 $
(977) $
-
18,409
32,316
49,748 $
7,012 $
3,673
10,685 $
387 $
(8)
(2,323)
(1,944) $
3,307 $
12,460
(14,386)
1,381 $
7,968
3,140
11,108
(101)
(168)
1,246
977
4,424
(644)
2,357
(5,838)
299
31View entire presentation