Matterport SPAC Presentation Deck slide image

Matterport SPAC Presentation Deck

Subscription License Services Product Total Revenue Subscription GM% Total GM % Operating Expenses % of Revenue Operating Income Operating Margin EBITDA % of Revenue $ $ $ $ $ $ 2019A 24.5 $ $ 2.9 $ 18.6 $ 46.0 $ 82.2% 48.4% 53.7 $ 117% (31.4) $ (68%) (27.1) $ (59%) Financial Summary 2020E 41.7 $ 3.5 $ 7.4 $ 33.3 $ 85.9 $ 82.1% 56.0% 58.9 68% (10.7) $ (12%) (3.9) $ (5%) 2021E 66.1 $ 5.7 $ 18.1 $ 33.2 $ 123.0 $ 80.0% 55.5% 102.0 $ 83% (33.7) $ (27%) (29.0) $ (24%) 2022E 121.2 $ 10.0 $ 37.0 $ 34.3 $ 202.5 $ 80.0% 59.7% 170.2 $ 84% (49.3) $ (24%) (44.6) $ (22%) 2023E 220.3 $ 19.0 $ 47.7 $ 36.0 $ 323.1 $ 80.0% 65.4% 243.9 $ 75% (32.5) $ (10%) (27.6) $ (9%) 2024E (m, except where noted) 378.4 $ 40.3 $ 54.5 $ 37.1 $ 510.3 $ 80.0% 70.4% 346.8 $ 68% 12.7 $ 2% 17.9 4% Notes: CY19A subject to adjustment; subscription gross margin excludes amortization of capitalized software CY21E-CY25E excludes stock-based compensation expense, and includes estimated public company expenses of $10M annually; subscription gross margin excludes amortization of capitalized software Numbers may not sum due to rounding 2025E 593.1 53.4 61.8 39.0 747.3 80.0% 73.0% 472.6 63% 73.0 10% 78.5 11% 39
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