Overstock Results Presentation Deck slide image

Overstock Results Presentation Deck

Q2 2021 Financial Results Revenue $794.5 Million +4% vs. Q2'20 +116% vs. Q2'19 Adjusted EBITDA² $44.4 Million -$4.5M / -9% vs. Q2'20 +$46.8M/+1914% vs. Q2'19 overstock. Gross Margin 22.0% -119 bps vs. Q2'20 +228 bps vs. Q2'19 Diluted EPS $1.72 Adjusted Diluted EPS³ $0.73 -$0.38 vs. Q2'20 +$1.10 vs. Q2'19 Note: All figures represent results from continuing operations. 1 In Q2'20 we recorded $7.3M in special items that benefited G&A expense. Reported G&A expense in Q2'20 was $49.9M, or 6.5% of revenue. 2 Adjusted EBITDA is a non-GAAP financial measure. See reconciliation in appendix. 3 Excludes the impact of $47M tax valuation allowance release. See reconciliation in appendix. G&A and Tech % of Revenue 6.7% -78 bps vs. Q2'20¹ -738 bps vs. Q2'19 Ending Cash $536.4 Million +$1.7M vs. Q1'21 +$235.7M vs. Q2'20 7
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