Inspirato Financial Projections and Business Highlights slide image

Inspirato Financial Projections and Business Highlights

INSPIRATO Active Subscribers¹ (In thousands) L Historical and projected growth Revenue ($ in mm) '12-'19 CAGR: 39% '21'25 CAGR: 41% '21'25 CAGR: 17% 24.9 21.2 17.9 15.1 13.1 13.3 11.7 2019 2020 2021E 2022E 2023E 2024E 2025E Total Nights Delivered (Residence + Hotel) 2 (In thousands) $ 885 $ 685 $ 507 $ 366 $ 217 $ 222 $ 166 2019 2020 2021E 2022E 2023E 2024E 2025E Annual Recurring Revenue³ ($ in mm) '12 '19 CAGR: 26% '21'25 CAGR: 40% '12-'19 CAGR: 58% 581 $ 456 '21'25 CAGR: 35% 448 $ 370 223 327 $ 285 170 231 123 $ 201 150 110 86 84 358 $ 137 60 278 $101 40 204 $91 144 70 90 2019 2020 2021E 2022E 2023E 2024E 2025E ■Residence Hotel 2019 2020 2021E 2022E 2023E 2024E 2025E Source: Company financial model as of 05/07/2021 Notes: 1. Total Active Subscribers as of 09/30/2021 includes all subscribers who have one ore more Active Subscription(s). 2. Total Nights Delivered includes all Paid, Inspirato Pass, employee and other complimentary nights in all residences or hotels; excludes bookings from experience travel and Inspirato Travel Services 3. ARR is calculated as the number of Active Subscriptions as of the end of a period multiplied by the then-current annualized subscription rate, based on the subscriber's subscription type at the end of the period for which ARR is being calculated. CONFIDENTIAL 36
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