Near SPAC Presentation Deck slide image

Near SPAC Presentation Deck

Attractive Economics Delivering Strong Contribution Margin¹ Strong Contribution Margin leading to high Operating Leverage ● ● ● Existing business has profitable contribution economics, which supports investing in GTM and sales growth and scaling existing markets 45% Contribution Margin after deducting Cost of Revenue (COR) and S&M expenses² from revenue in CY21E Every additional topline $ is expected to contribute ~45 cents Notes: (1) Contribution Margin (CM) is calculated as quotient of difference of gross profit less total sales and marketing expense, divided by revenue (2) S&M expenses relates to all expenses incurred by the Company on account of sales and marketing activities www.near.com 100% Annual Revenue (29%) Cost of Revenue 71% Gross Profit Margin (26%) Sales & Marketing Opex 45% CY21E CM 34
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