ironSource SPAC Presentation Deck

Comparable companies benchmarking 2020E-2022E Revenue CAGR EV / 2022E Revenue EV / 2022E Revenue Growth Adjusted 37% IS 16.5x IS 0.45x IS IS ironSource 33% theTradeDesk 37.5x digital turbine 1.27x 29% digital turbine digital turbine 27.5x unity 1.06x Median: 29% 26% unity adyen Median: 27.5x 25.8x the TradeDesk Median: 1.06x 0.78x 43% theTradeDesk 43.9x adyen 1.20x 34% 8 twilio 38.6x Bill.com 1.03x adyen 34% shopify 26.5x shopify 0.78x 32% Bill.com 20.7x 8 twilio 0.73x Median: 34% 24% BIGCOMMERCE Median: 26.5x 17.6x BIGCOMMERCE Median: 0.78x unity Bill.com shopify Core Peers Enablement Peers Source: Latest publicly available financial statements, Bloomberg, IBES. Market data as of 16-Mar-2021. Note: ironSource revenue based on non-GAAP. Growth Adjusted metrics based on 2022E multiples and 2020A-2022E CAGRS. Confidential 46 Digital Turbine revenue based on non-GAAP gross profit as a proxy for net revenue. Digital Turbine CY2021E - CY2022E revenue growth used as a proxy for 2YR revenue growth rate due to February 2020 acquisition of Mobile Posse. 0.60x BIGCOMMERCE 8 twilio

View entire presentation