Nextdoor Investor Day Presentation Deck
Sustainable growth; additional capital a potential accelerant
Annual Summary
2020A
$123M
49%
Total Revenue
% Growth
Total ARPU
% Growth
Operating Expenses
% of Total Revenue
% Growth
Net Loss
Non-GAAP Operating Expenses ¹
% of Total Revenue
% Growth
Adj. EBITDA
% Margin
Y/Y Margin Improvement
2019A
$83M
62%
$4.23
10%
$158M
191%
70%
$(73M)
$141M
171%
66%
$(59M)
(71%)
(3%)
$4.62
9%
$200M
162%
27%
$(75M)
$174M
141%
23%
$(50M)
(41%)
31%
2021E
$181M
47%
$6.05
31%
$273M
151%
37%
$(101M)
$229M
127%
33%
$(49M)
(27%)
14%
2022E
$252M
40%
$6.47
7%
$356M
141%
30%
$(103M)
$297M
118%
30%
$(45M)
(18%)
9%
Forward looking estimates are subject to change. Actual figures may be materially different. For a reconciliation of non-GAAP financial measures to GAAP, see appendix.
1. Non-GAAP Operating Expenses includes cost of revenue, sales and marketing, research and development and general and administrative expenses, excluding
depreciation and amortization, stock-based compensation and acquisition-related costs.
Raised Guidance (+$3M)
Current model does not
assume additional capital
Additional funding can significantly
accelerate growth
Raised Guidance (+$1M)
Long Term Target Margins:
Adjusted EBITDA
Margins of ~40%View entire presentation