Slide 1: Q117 Investor Presentation
Q117 Investor Presentation May 2017
Slide 2: Disclosures
Disclosures About Non-GAAP Financial Measures During this presentation, references to financial measures of Green Dot Corporation will include references to non-GAAP financial measures. For an explanation to the most directly comparable GAAP financial measures, see the Appendix to these materials or
Slide 3: Today's Diversified Green Dot
Today’s Diversified Green Dot Two Reporting Segments Six Revenue Divisions 2
Slide 4: Account Services Segment
Account Services Segment PayCard & Wage Consumer Accounts Green Dot Direct Disbursement Services Bank Charter 3
Slide 5: Processing & Settlement Segment
Processing & Settlement Segment Tax Processing Division Money Processing Division 4
Slide 6: 2017 Six-Step Plan
2017 Six-Step Plan Grow Revenue Reduce Expenses Smart Capital Allocation Step 1: Deploy new acquisition and retention strategies to narrow the YoY sequential quarterly loss in active cards and return to active card growth by the beginning of 2018 Step 2: Secure additional shelf space for the new Mon
Slide 7: Updated Financial Guidance
Updated Financial Guidance • Green Dot has provided its updated outlook for 2017. Green Dot’s outlook is based on a number of assumptions that management believes are reasonable at the time of this earnings release. Information regarding potential risks that could cause the actual results to differ
Slide 8: Appendix
APPENDIX GREEN DOT Cet ae
Slide 9: Non-GAAP Reconciliations
Non-GAAP Reconciliations Reconciliation of Forward Looking Guidance for Non-GAAP Financial Measures to Projected Adjusted EBITDA (1) (Unaudited) FY 2017 Range Q2 2017 Low High (In millions) Net income $ 10.4 $ 46.2 $ 49.1 Adjustments (2) 29.6 140.8 142.9 Adjusted EBITDA $ 40.0 $ 187.0 $ 192.0 Reconc
Slide 10: Non-GAAP Reconciliation Footnotes
Non-GAAP Reconciliation Footnotes 1. To supplement the Company’s consolidated financial statements presented in accordance with GAAP, the Company uses measures of operating results that are adjusted to exclude various, primarily non-cash, expenses and charges. These financial measures are not calcul
Slide 11: Non-GAAP Reconciliation Footnotes
Non-GAAP Reconciliation Footnotes 2. These amounts represent estimated adjustments for net interest expense, income taxes, depreciation and amortization, employee stock-based compensation expense, incremental expenses the Company expects to incur in Q1 and Q2 2017 associated with its need to continu