Forbes SPAC Presentation Deck
Attractive Financial Profile
Healthy top-line growth and improving margins
In millions USD
Pro Forma Revenue (¹)
Healthy topline growth...
Magazine revenues
1)
2)
$33
$178
$20 i
2019A
$163
CAGR: 14% / 17%(1)
$18
$193
$16
$221
Pro Forma Contribution Margin
...in 60%+ contribution margin verticals
% margin
56%
$118
63%
2019A
$114
64%
2020A
2021E
2022E
Note: Company estimates. For financial projections, please refer to "Use of Projections" portion of the disclaimer.
14% inclusive of magazine, 17% ex-magazine.
Pro forma EBITDA includes: 1) $2M estimated public company costs, 2) $2M add back for start up losses and 3) $1M attributable EBITDA from Marketplace. See appendix for details.
2020A
$128
63%
2021E
$142
2022E
% margin
Pro Forma EBITDA (²)
...driving accelerated EBITDA growth
19%
$40
2019A
19%
$35
2020A
21%
CAGR: 23%
$44
Forbes
2021E
22%
$53
2022E
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