Bird Investor Presentation Deck
Significant Sharing gross margin improvement since 2019
Sharing gross margin (as % of Sharing revenue')
150%
100%
50%
0%
(50%)
(100%)
BIRD
FY'2019
(9%)
(89%)
FY'2020
8%
(24%)
Q1'21
29%
5%
Q2'21
42%
19%
Q3'21
43%
14%
Q4'21
41%
7%
1. Reflects $28.8 million and $23.3 million, respectively, of unredeemed preloaded wallet balances from prior periods during the three months and year ended December 31, 2022
2. Margin improvements based on Sharing Gross Margin (after Vehicle Depreciation).
FY'2021
40%
13%
Q1'22
31%
2%
Q2'22
45%
16%
Q3'22
54%
37%
2022 vs 2021: +15pp²
Sharing Gross Margin
Q4'22
72%
43%
Sharing gross margin before vehicle
depreciation (% of Sharing revenue)
Sharing gross margin after vehicle
depreciation (% of Sharing revenue)
FY'2022
54%
28%
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