Nexters SPAC Presentation Deck slide image

Nexters SPAC Presentation Deck

Key financial highlights (A) Bookings (¹) $m 110 Q2 2020 208 +40% +29% 154 Q2 2021 268 H1 2021 (B) Adjusted costs and expenses (2) $m 67 Q2 2020 143 H1 2020 +106% +68% 139 Q2 2021 240 H1 2021 Selling and Marketing Costs $m 31 Q2 2020 73 HT 2020 +193% +112% 91 Q2 2021 HT 2020 Management profitability measure = (A) - (B) Source: Company information 1) The Company defines Bookings as sales contracts generated from in-game purchases and advertising in a given period Reflects corrections to the amounts reported in the Company's previous filings with the SEC due to the identification of an immaterial error relating to the calculation of withholding taxes in 2020 and other insignificant adjustments identified in the course of the financial reporting closing process as of June 30, 2021. For further information, see Note 4 (Use of judgements and estimates-Immaterial error) to the Company's interim condensed consolidated financial statements for the six months ended June 30, 2021 as filed with the SEC on September 22, 2021 28 2) 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) other special items, which are infrequent in nature and/or outside of the normal operating business. Adjusted costs and expenses is a non-IFRS financial measure and should not be construed as an alternative to total comprehensive profit/loss for the year as an indicator of operating performance as determined in accordance with IFRS. 155 H1 2021 nexters Strong growth in bookings in Q1 and Q2 2021 reflecting MPUs and ABPPU dynamics XRecord high investments in user acquisition in H1 2021 as company improved forecasting allowing to deploy marketing expense more efficiently Other G&A costs growth mostly driven by one-off IPO expenses as well as headcount growth
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