MoneyLion SPAC Presentation Deck
RECONCILIATION TO NON-GAAP FINANCIALS: CONTRIBUTION PROFIT
($millions)
Net Income (GAAP)
Add Back:
Total Operating Expenses (1)
Income tax (benefit) expense
Less:
Directly Attributable Costs
Underwriting Expenses
Bank and Payment Processor Fees
Direct Charge-Offs
Compensation & Benefits
IT
Professional Fees
Other Operating Expenses
Other Direct Costs
Revenue from Discontinued Products
Non-Operating Income
Contribution Profit (Non-GAAP)
Note: 2020 results are preliminary and unaudited, and subject to change in connection with the completion of the audit
1. Total operating expenses as classified in the audited financial statements
Twelve Months Ended December 31
2019A
($79)
143
(0)
(18)
(7)
(7)
(4)
(16)
(1)
$2
2020 Prelim.
($22)
103
(0)
(8)
(14)
(3)
(4)
(4)
(1)
(0)
$39
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