Sonder Investor Presentation Deck
Financial Overview
We're on a path to achieving sustainable positive free cash flow with a
healthy cash cushion and without a need for additional fundraising.
Revenue and Free Cash Flow ($M)
Revenue
$202
Free Cash Flow¹
$ (107)
1H 2022
$259
$ (69)
2H 2022
$278
Q4 2023 based on
guidance →
$ (68)
1H 2023
I
$326 - $336
Implied FY2023
ending total
cash balance:
$138M $148M²
$(55) - $(45)
2H 2023E
Our path to sustainable
free cash flow positivity is
driven by 4 levers:
1. RevPAR growth and
improving property-level
financial performance
2. Nearly 50% embedded
live unit growth
3. Declining overhead
costs
4. Declining pre-opening
costs
SonderThis is a Non-GAAP Financial Measure. Refer to section titled Non-GAAP Reconciliations for the reconciliation of our Non-GAAP Financial Measures to the most directly comparable GAAP Financial Measure.
(2) $30M one-time principal payment in Q4 2023, which should not impact FCF as it is part of Cash from Financing, but should impact cash balance.
15View entire presentation