ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT 2023 slide image

ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT 2023

High Growth, High Margin Subscription Business Model Double-Digit Revenue and Adjusted EBITDA Growth Predictable Subscription Services Revenue Strong Operating Leverage ✓ 23% Revenue CAGR since IPO 24 years ago ✓ Net Income CAGR of 29% over the last 10 years Adjusted EBITDA CAGR of 14% over the last 10 years ✓ 95% subscription revenue with 82%+ annual contracts ✓ 96% renewal rate for clients > 5 years ✓ Double-digit revenue growth for 50 straight quarters ✓ 80%+ gross margin ✓ Commercial business approaching 40% margin Highly Cash Generative with Strong Balance Sheet Net cash provided by operating activities of $526M for trailing twelve months $5.2B cash versus $1B of debt Note: All data as of 9/30/23. CoStar Group™
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