Matterport 2Q23 Results
Business highlights
BELLO
808
000
&
0
NO
O
33B square feet managed, 10.5M digital
twins, 100X Rest of Market in digital twins
827,000 subscribers with 25% of Fortune
1000 companies as customers
39% total revenue growth Y/Y in Q2
113% services revenue growth Y/Y in Q2
Cloud platform serving Enterprise & SMB
across vertical markets with ~50% exposure
to markets outside of real estate in Q2
Leveraging Al across Cortex, Property
Intelligence, and Genesis technologies to drive
increased revenue per account
Accelerating path to profitability with cash flow
from operations breakeven expected in 2024
Notes:
As of June 30, 2023
TAM estimate from Savills World Research and the Company
Unrivaled
Al-powered
technology
platform and
proprietary data
library
Matterport
Massive,
unpenetrated
$240B+ TAM
Market leader fueling
digital transformation
of the built world
I
Sticky
subscription
revenue growth
Commitment to
operating on a
profitable basis
Global, blue
chip customers
spanning
diverse end
marketsView entire presentation