Slide 1: Q1 2024 Earnings Call
Q1 2024 Earnings Call 2:00 pm PST May 9, 2024
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying oral presentation have been prepared by Amplitude, Inc. (the “Company”). Certain statements in this presentation and the accompanying oral commentary are forward-looking statements. These statements relate to the Company’s financial outlook for the s
Slide 3: Spenser Skates, CEO & Co-founder
Spenser Skates CEO & Co-founder | Amplitude © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 4: Q1 Financial Results Highlights
Q1 Financial Results Highlights REVENUE ANNUAL RECURRING REVENUE $72.6M $285M increased by 9% Y/Y Up $4 million from 4Q 2023 PAYING CUSTOMERS 2,970 increased by 37% Y/Y © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 5: Spenser Skates, CEO & Co-founder
Spenser Skates CEO & Co-founder | Amplitude © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 6: Amplitude Digital Analytics Platform
Amplitude Digital Analytics Platform Digital Experience Action Audience Web & Product Feature Targeting Experimentation Delivery Insights Digital Analytics Session Replay Data Systems & Sources Data Privacy & Data CDP Governance Warehouse Security © 2024 Amplitude Inc. Confidential. All Rights Reserv
Slide 7: Session Replay
Session Replay © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 8: Win Simple
Win Simple © 2024 Amplitude Inc. All Rights © 2024 Amplitude Inc. Reserved. Confidential. All Rights Reserved. 8
Slide 9: © 2024 Amplitude Inc. Confidential. All Rights Reserved.
© 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 10: Q1 2024 Customer Highlights
Q1 2024 Customer Highlights © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 11: Q1 2024 Customer Highlights
Q1 2024 Customer Highlights Large Automotive Services Company © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 12: Spenser Skates, CEO & Co-founder
Spenser Skates CEO & Co-founder | Amplitude © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 13: Criss Harms, CFO
Criss Harms CFO | Amplitude © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 14: Revenue and Customer Metrics
Revenue and Customer Metrics Q1 2024 Result $72.6M Revenue +9% Y/Y $285M Annual Recurring Revenue (ARR) +9% Y/Y 2,970 Total Paying Customers +37% Y/Y TTM Dollar-Based Net Retention Rate as of March 31, 2024 99% Dollar-Based Net Retention Rate as of March 31, 2024 97% © 2024 Amplitude Inc. Confidentia
Slide 15: Non-GAAP Financial Results
Non-GAAP Financial Results* Q1 2024 Result Gross Margin 76.4% Operating Margin (3)% $0.01 Net Income Per Share, Diluted 130.9 million diluted shares Free Cash Flow Margin (2%) * Unless otherwise noted, all metrics are Non-GAAP. Gross margin, operating margin and free cash flow margin are calculated
Slide 16: Guidance
Guidance Q2 2024 FY 2024 $71.7 - $72.3M $292.5 - 295.5M Revenue 6% to 7% Y/Y +6% to 7% Y/Y Non-GAAP Operating Income (Loss) $(4.4) - $(3.8)M $(1.0) - $2.0M Non-GAAP Net Income (Loss) Per Share $(0.02) - $(0.01) $0.07 - $0.09 122.5M 133.5M Weighted Average Shares Outstanding basic shares diluted shar
Slide 17: Sell-Side Analyst Q&A
Sell-Side Analyst Q&A © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 18: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 19: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation 1 Stock-based compensation expense-related charges include employer payroll tax-related expenses on employee stock transaction 2 Margin represents percentage of GAAP revenue 3 For the three months ended March 31, 2024, the weighted average shares used in the GAAP per
Slide 20: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation 1 Stock-based compensation expense-related charges include employer payroll tax-related expenses on employee stock transaction © 2024 Amplitude Inc. Confidential. All Rights Reserved.
Slide 21: GAAP Cash Flows from Operating Activities to Free Cash Flow
GAAP Cash Flows from Operating Activities to Free Cash Flow 1 Margin represents percentage of GAAP revenue © 2024 Amplitude Inc. Confidential. All Rights Reserved.