Near Investor Presentation Deck
Historical Financials - GAAP
Revenue
Cost of revenue (excl. depreciation and
amortization)
Gross profit
Operating expenses:
Product and technology
Sales and marketing
General and administrative
Depreciation and amortization
Total operating expenses
Operating loss
Other income (expense):
Interest expense, net
Changes in fair value of warrant liabilities
Gain on extinguishment of debts, net
Other income, net
Total other income (loss)
Loss before income tax expense
Income tax expense
Net loss attributable to Near Pte. Ltd.
Net loss per share:
Basic and diluted
Weighted-average shares outstanding:
Basic and diluted
www.near.com
Near Intelligence Inc.
Condensed Consolidated Statements of Operations - GAAP
(in USD thousands, except shares and per share data)
Three Months Ended
March 31, 2022
14,059
4,278
9,781
4,900
4,692
3,005
2,379
14,976
-5,195
749
-1,700
0
-499
-1,450
-3,745
62
-3,807
-52.92
71,964
June 30, 2022
14,839
5,116
9,723
9,936
8,433
58,374
2,362
79,105
-69,382
972
15
0
-18
969
-70,351
76
-70,427
-771.28
91,312
September 30, 2022
15,567
4,696
10,871
6,788
5,278
5,288
2,378
19,732
-8,861
1,348
-252
-690
-122
284
-9,145
72
-9,217
-83.7
110,121
December 31, 2022
15,281
4,578
10,703
5,630
5,105
7,694
2,700
21,129
-10,426
3,090
1,146
5,847
-29
10,054
-20,480
289
-20,769
-183.72
113,044
+ =
III
Full Year 2022
59,746
18,668
41,078
27,254
23,508
74,361
9,819
134,942
-93,864
6,159
-791
5,157
-668
9,857
-103,721
499
-104,220
-1,076.28
96,835
Note:
During Q2 2022, Near Pte. Ltd. and the
Company, Near Intelligence Holdings Inc. USA
entered into an Exchange and Recapitalization
Agreement dated June 13, 2022 wherein Near
Pte. Ltd. exchanged all of the current common
stock for a combination of common stock and
preferred stock of the Company such that (a) the
number of shares in common stock of the
Company held by Near Pte. Ltd. is equivalent, on
a 1000:1 basis, to the number of outstanding
common stock of Near Pte. Ltd.; and (b) the
number of each series of preferred stock of the
Company is equivalent, on a 1000:1 basis, to the
number of outstanding shares of the similarly
named series of preferred stock of Near Pte. Ltd.
Rights, preferences and privileges of each class
of stock of the Company mimic the rights,
preferences and privileges of the corresponding
stock of Near Pte Ltd. Thereby, the Company's
capital structure would consist of 71,963.894
shares of common stock and 307,298.151 shares
of various series of preferred stock. This has been
given effect for weighted average outstanding
shares and EPS for Q1 2022 for purpose of
comparisons.
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