Bird SPAC Presentation Deck slide image

Bird SPAC Presentation Deck

BIRD Strong growth and long-term profitability (in millions, unless otherwise noted) Rides Avg. Rides per Deployed Vehicles per Day Average Deployed Vehicles (in thousands) Gross Transaction Value YOY Growth (%) Revenue YOY Growth (%) Ride Profit (before Vehicle Depreciation) Ride Profit Margin (% of Sharing Revenue) Gross Profit Gross Profit Margin (%) Operating Expenses % of Revenue Adjusted EBITDA % of Revenue FY2018A 24 2.8x 23 $79 $58 $(91) (155%) $(212) (363%) $157 268% $(194) (331%) FY2019A 40 2.5x 44 $162 105% $151 157% $(3) (2%) $(136) (90%) $250 166% $(226) (150%) FY2020A 18 1.3x 38 $116 (29%) $95 (37%) $16 20% $(24) (25%) $181 191% $(180) (190%) FY2021P 37 1.4x 70 $219 89% $188 98% $62 40% $21 11% $167 89% $(96) (51%) FY2022P 76 1.9x 107 $447 104% $401 114% $169 55% $110 27% $217 54% $(28) (7%) Note: Gross Transaction Value, Sharing Revenue, Ride Profit and Adjusted EBITDA are non-GAAP metrics, see reconciliation in Appendix. Certain FY2019 amounts have been reclassed to conform with current period presentation. FY2023P 170 2.4x 198 $897 101% $815 103% $425 62% $308 38% $307 38% $144 18% 30
View entire presentation