Bird Investor Presentation Deck
Adjusted EBITDA to net loss
BIRD
(in millions)
Net loss
Interest expense, net
Provision for income taxes
Depreciation and amortization
(1)
Vehicle count adjustments
Stock-based compensation expense
Tariff refunds
Other income (expense), net
Legal settlements and reserves
Impairment of product sales inventory
Impairment of assets
Other non-recurring, non-cash, or non-core items
Adjusted EBITDA
Three Months Ended June 30,
2022
2021
(310.4)
2.6
0.1
19.3
43.7
(23.5)
0.1
31.8
215.8
1.5
(19.1)
(43.7)
3.1
0.1
13.5
(0.3)
1.3
14.5
0.2
(0.2)
(11.5)
1. Depreciation and amortization excludes tariff depreciation and other adjustments, which were $0.0 million and $(0.3) million for the three and six months ended June 30, 2022, respectively, and $(0.9) million
and $(1.5) million for the three and six months ended June 30, 2021, respectively.
Six Months Ended June 30,
2022
2021
(300.1)
4.0
0.1
29.1
0.6
92.4
(132.1)
1.0
31.8
215.8
1.5
(56.0)
(119.9)
4.7
0.1
20.5
(0.5)
2.8
50.1
1.4
(0.2)
(41.0)
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