Nexters Results Presentation Deck slide image

Nexters Results Presentation Deck

Key financial highlights (2/2) $m Total Costs and Expenses, Excluding D&A +43% Q4 2020 Q4 2021 39 99 $m Selling and Marketing Expenses +30% 51 262 FY 2020 166 +112% +63% FY 2020 555 FY 2021 270 $m FY 2021 Adjusted Costs and Expenses (1) (2) 79 +26% Q4 2020 $m G&A Expenses >100% 99 Q4 2021 Q4 2020 9 312 Q4 2021 +44% FY 2020 >100% Q4 2020 Q4 2021 9 Source: Company information (preliminary and unaudited) 1) The Company defines Adjusted costs and expenses as the total of platform commissions, game operating costs, selling and marketing expenses and general and administrative expenses for the period as shown in the Company's financial statements in accordance with IFRS, adjusted to exclude (i) share-based compensation expense, (ii) net change in deferred platform commission fees, (iii) impairment of non-current assets, (iv) any gains and losses arising as result of business combinations and (v) certain non-cash or other special items that we do not consider indicative of our ongoing operating performance. Adjusted costs and expenses is a non-IFRS financial measure and should not be construed as an alternative to total costs and expenses excluding depreciation and amortization as an indicator of operating performance as determined in accordance with IFRS 2) Excluded non-cash non-recurring share listing expense in the amount of $125 million resulting from the accounting for merger with Kismet Acquisition One Corp. FY 2020 449 FY 2021 23 FY 2021 nexters Key drivers of growth for total costs and expenses (excl. D&A) and for adjusted costs and expenses are increased (1) selling and marketing investments and (2) G&A expenses Increase of selling and marketing expenses is driven by the growth of the investments into the acquisition of additional players G&A expenses significantly increased mostly due to increased scale of Group operations (translated into the growth of team size) and recurring expenses associated with listing on NASDAQ
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