Ww International, Inc. · NASDAQ:WW

Ww International — Q1 2022 Earnings Presentation

9 slides from Ww International's earnings presentation, May 5, 2022

  1. Slide 1: Q1 2022 Results

    Q1 2022 Results May 5, 2022 1

  2. Slide 2: Forward-looking Statements

    Forward-looking Statements This presentation includes “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, in particular, revenue and earnings guidance and any stateme

  3. Slide 3: Who we are

    Who we are We are a global wellness company powered by the world's leading commercial weight management program and an award-winning digital subscription platform 3

  4. Slide 4: Q1 2022 Financial Summary

    Q1 2022 Financial Summary Revenue: $297.8 million Down 10.3%, or 8.4% on constant currency basis1, year-over-year 4.5M Gross Margin: 60.5% End of Period adjusted gross margin: 60.5%1 Adjusted gross margin increased 60 bps year-over-year1 Subscribers Down 8.3% year-over-year Operating Income: $9.0 mi

  5. Slide 5: Historical Subscriber Seasonality

    Historical Subscriber Seasonality (in Millions) End of Period Digital Subscribers End of Period Workshops + Digital Subscribers -12% -16% -14% -8% -10% -14% -18% 5

  6. Slide 6: Capital Structure

    Capital Structure Strong liquidity position Flexible, covenant-lite debt structure Cash Balance of $127.6M $945M outstanding on term loan1 LIBOR (50 bps floor) +350 bps As of April 2, 2022 Due April 2028 Covenant-lite structure; flexibility to prepay term loan April 2021 refinancing reduced annual inte

  7. Slide 7: Appendix

    Appendix 7

  8. Slide 8: Non-GAAP Reconciliation

    Non-GAAP Reconciliation Q1 2022 Revenues - Constant Currency (in thousands) Q1 2022 Gross Profit, Selling, General and Administrative Expenses, and Operating Income (in thousands) 8

  9. Slide 9: We inspire healthy habits for real life

    rar till halsosamma vanor genom hela livet. Fér individen, familjen, samhallet, variden - for alla. We inspireren gezonde gewoontes voor het echte leven. Voor mensen, gezir - voor iedereen. We inspire healthy habits for real life. For people, families, communities, the world—for everyone. Wir inspir

WW International — Q1 2022 Earnings Presentation on 6ix