TradeStation SPAC Presentation Deck slide image

TradeStation SPAC Presentation Deck

Plan to Significantly Increase Marketing Investment The Company estimates an 11 - 12 month payback period (¹) for future cohorts and, based on trends shown by the recent cohorts, the Company estimates 6 - 7x returns on marketing spend within 7 years or less ($ in millions) 8-month payback $11 $16 FYE 3/31/18 Cohort 7-month payback $11 $19 FYE 3/31/19 Cohort 7-month payback $11 $19 FYE 3/31/20 Cohort 5-month payback $38 $17 FYE 3/31/21 Cohort 12-month payback $58 $57 FYE 3/31/22 Cohort 11-month payback $121 $108 FYE 3/31/23 Cohort 12-month payback $147 $149 FYE 3/31/24 Cohort Marketing Spend Year 1 Cohort Revenue Projected Year 1 Cohort Revenue 21 Note: Cohort represents new accounts acquired in a particular year. "Revenue" is defined as trading-related revenue plus net interest income generated by active accounts of cohort for relevant period. This page contains forward-looking statements that reflect assumptions, plans, estimates and beliefs and involve numerous risks and uncertainties. Please see pages 1 - 3 for information regarding non-GAAP financial measures and forward-looking statements and the Appendix for various relevant assumptions. Actual results may differ materially from those contained in any forward-looking (1) The payback period equals the number of months required to generate sufficient revenue to equal or exceed the marketing expenditures in respect of such account cohort. B statements.
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