Topps SPAC Presentation Deck slide image

Topps SPAC Presentation Deck

28 '20-'22 Rev CAGR Summary of trading comparables '21 EBITDA Margin Margin '21 CY EBITDA - CapEx 2 topPS 17% (a) (b) (c) (d) 15% Consolidated(d) 21% Consolidated S&E Confections 14% Consolidated (d) (a) 4 9% Toy / Collectible / Novelty DAMES Hasbro WORKSHOP 15% 48% Valuation 42% Source: Company filings, FactSet, Capital IQ. Note: Market data as of March 31, 2021. 9% (b) COLLETONVER 48% MATTEL 4% Funko S Median: 11.6% 17% 4% Median: 17.7% Lindt Median: 15.0% 8% Confections 20% utz Mondelēz, HERSHEY BEANDS 12% 5% 3% ostess Cloetta Median: 4.2% 4% 3% Median: 20.5% 1.5% Median: 15.4% Sports / Entertainment (c) 44% 1% W Median: 13.8% 14% 13% Median: 26.7% Median: 19.9% Gaming / Digital Interaction TALE-TUO Topps represents pro forma Adj. EBITDA for estimated annualized public company costs. Cards Parent entered into a definitive agreement to acquire Collectors Universe on November 30th, 2020 at an $827MM implied Enterprise Value. The multiples and Enterprise Value for Collectors Universe as shown reflect the valuation as of November 27th, 2020, unaffected by the acquisition announcement. Revenue CAGR for Collectors Universe reflects FYE 6/30/2021 / FYE 6/30/2019 figures. 2021 EBITDA reflects FYE of 6/30. Manchester United CapEx includes purchase of players registrations, proceeds from sale of players registrations and general CapEx. Topps 2020 FY ended on 1/2/2021 and Topps 2019 FY ended on 12/28/2019. 19% 34% 28% 27% 26% 24% 24% 25% 19% 22% 21% 16% 15% 14% 16% 16% kika tain ill il zynga 24% glu STILL FRONT GROUP Median: 21.4% 12% 30% Median: 24.8% 31% 25% 21% 20% 22% 20% 17% 19% 16% 15% 14% 13% 13% 10% 1.9% lika un 13 ini 1% 38% Median: 23.1% 30% LOPPS
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