Nextdoor Holdings, Inc. · NYSE:NXDR

Nextdoor — Q4 2024 Earnings Presentation

13 slides from Nextdoor's earnings presentation, Feb 27, 2025

  1. Slide 1: Nextdoor Investor Supplement Q4 2024

    Nextdoor Investor Supplement investors.nextdoor.com Q4 2024

  2. Slide 2: Disclaimer

    Disclaimer 2 Certain statements in this presentation may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,

  3. Slide 3: Q4'24 Business Highlights

    3 Q4’24 Business Highlights Revenue growth persisted User growth held firm Margins turned positive Revenue of $65M was +17% y/y, Weekly Active Users (WAU) grew Adjusted EBITDA2 was $3M (5% driven largely by more performance- 10% y/y to 45.9 million, on steady margin, 30 percentage points of optimized

  4. Slide 4: Q4'24 Financial Highlights

    4 Q4’24 Financial Highlights Q4’24 Q4’23 y/y change Revenue $65M $56M +17% Adj. EBITDA $3M $(14)M +$17M Adj. EBITDA Margin 5% (25)% +30 ppt WAU (avg.) 45.9M 41.8M +10% ARPU $1.42 $1.33 +7% Metrics as of 12/31/2024. Some figures may not tie due to rounding.

  5. Slide 5: FY'24 Financial Highlights

    5 FY’24 Financial Highlights FY’24 FY’23 y/y change Revenue $247M $218M +13% Adj. EBITDA $(18)M $(74)M +$56M Adj. EBITDA Margin (7)% (34)% +27 ppt Metrics as of 12/31/2024. Some figures may not tie due to rounding.

  6. Slide 6: Financial Outlook

    6 Financial Outlook Q1’25 outlook y/y change Revenue approximately $53M approximately flat Adj. EBITDA approximately $(13)M +$1M y/y Adj. EBITDA Margin (25)% +2 ppt y/y Additional details: ● Our revenue outlook reflects initial reductions in ad impression supply tied to our NEXT initiative roll out. T

  7. Slide 7: Revenue and WAU

    7 Revenue and WAU3 Metrics as of 12/31/2024. 3 Users who open our application, log on to our website, or engage with an email with monetizable content at least once during a defined 7-day period.

  8. Slide 8: Quarterly Non-GAAP Expenses

    8 Quarterly Non-GAAP Expenses Metrics as of 12/31/2024. Some figures may not tie due to rounding.

  9. Slide 9: Net Income (Loss) and Adjusted EBITDA

    9 Net Income (Loss) and Adjusted EBITDA Metrics as of 12/31/2024. Some figures may not tie due to rounding.

  10. Slide 10: Appendix

    10 Appendix

  11. Slide 11: Non-GAAP operating expenses reconciliation

    11 Non-GAAP operating expenses reconciliation 2022A 2023A 2024A Operating Expenses Cost of revenue $39.0M $41.6M $41.8M Sales and marketing 123.2M 122.9M 107.0M Research and development 127.1M 150.0M 127.9M General and administrative 67.7M 76.1M 92.1M Total GAAP Operating Expenses $357.0M $390.6M $3

  12. Slide 12: Adjusted EBITDA reconciliation

    12 Adjusted EBITDA reconciliation 2022A 2023A 2024A Net Loss ($137.9M) ($147.8M) ($98.1M) Depreciation and amortization 5.7M 5.8M 3.9M Stock-based compensation 64.4M 83.0M 74.1M Interest income (9.3M) (25.8M) (24.4M) Provision for income taxes 1.7M 0.8M 0.7M Restructuring charges – 9.9M 25.6M Adjust

  13. Slide 13: IR@nextdoor.com

    IR@nextdoor.com

Nextdoor Holdings — Q4 2024 Earnings Presentation on 6ix