Bakkt Results Presentation Deck
FINANCIAL RESULTS
3Q22 Net revenue
• Net revenue of $12.9mm
increased 41% YoY
Transaction revenue of $6.6mm
increased 148% YoY primarily due
to significant improvement in
travel activity in loyalty
redemptions
Subscription and service revenue
of $6.3mm relatively flat YoY
A
$9.1
$2.7
$6.4
3Q21
Net revenue ($mm)
3Q net revenue 41% YoY
$13.7
$6.8
$6.8
4Q21
$12.5
$6.5
$6.0
1Q22
Subscription and service
Note: All financial data on this slide is unaudited.
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.
$13.6
$7.0
$6.6
2022
Transaction
$12.9
$6.6
$6.3
3022
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