PlanetScope Business Model and Operating Leverage
...And a Path to Significant Scale with Compelling Unit Economics
Consolidated Revenue
($ in millions)
22
22
44% CAGR
$693
$449
A
$289
$113
$191
$130
FY2021A
Gross Profit¹
($ in millions)
A 65% of FY2022E revenue
from committed contracts
PlanetScope (~73% of
FY2021A Revenue) had
gross margins of
~62% in FY2021A
(including Depreciation &
Amortization)
FY2022E
FY2023E
FY2024E
FY2025E
FY2026E
B
74%
$515
70%
B
62%
$314
50%
40%
24%
$180
$95
$27
$52
FY2021A
FY2022E
FY2023E
FY2024E
FY2025E
FY2026E
1 Gross Profit used to calculate gross margin reflects non-GAAP Gross Profit relative to net revenue. Non-GAAP Gross Profit includes Depreciation & Amortization costs and adds back stock-based compensation classified as cost of goods.
Note: FYE January 31st.
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