Nasdaq, Inc. · NASDAQ:NDAQ
Nasdaq — Corporate Update (November 2022)
14 slides from Nasdaq's corporate update, Nov 8, 2022
Slide 1: Supplemental Information: Nasdaq's Updated Corporate Structure
Exhibit 99.1 jl Nasdaq Supplemental Information: Nasdaq's Updated Corporate Structure To be implemented in advance of 4Q2022/FY2022 reporting Supplemental Data (Unaudited) November 8, 2022
Slide 2: Disclaimers
Disclaimers fo tutratve purposes only. Nasdaq intends to pubish ts fourth quart and full year 2022 ress, a wall asa "3022 fut ti t with ps of to change. ‘orm 10-K for the year Non-GAAP Information In addition to disclosing U.S. GAAP, Nasdaq al loses certain non-GAAP results of operations, including,
Slide 3: Elevating From the Pivot
Elevating From the Pivot Reorganizing Into Three Divisions: Trading Services: Includes transactional Nasdaq's exchanges, clearing and settlement offerings. Marketplace Technology: Canigines both the company's marketpla technology solutions for Sareea operators, as well as connectivity and other serv
Slide 4: New Corporate Structure to Amplify Our Strategy
New Corporate Structure to Amplify Our Strategy Delivering Our Story In A Simple And Powerful Way Current Segment Reporting + Cash Equity Trading, Equity + Listing Services + IR&ESG Services + Market Data + Index + Analytics + Anti-Financial Crime nolo. + Market Infrastructure Technology Clearing +
Slide 5: Financial Reporting
Financial Reporting Net Revenues (US$ million: 3Q22 2Q22 1Q22 4Q21 3Q21 2Q21 1Q21 021. 2020 19 2017 Market Platforms $353 $356 $355 $356 $336 $353 $381 $1,427 $1,295 $1,089 $1,067 $981 Trading Services" 212 = «216 Marketplace Technology 141 140 132 143 130 137-134 545 525 506 445 440 Capital Access
Slide 6: Financial Reporting: Non-GAAP Operating Income and Margin
Financial Reporting Non-GAAP Operating Income and Margin 2Q22 2Q21 Market Platforms Net revenues Expenses 163 167 174 174 160 154 Operating income 190 189 181 182 176 199 Operating Margin 54% 53% 51% 51% 52% 56% Capital Access Platforms Net revenues 459 458 460 457 435 421 Expenses 17189196 20788182
Slide 7: Financial Reporting: Solutions Businesses Recast
Financial Reporting Solutions Businesses Recast 2Q22 1Q22 4Q21 3Q21 2Q21 1Q21 2018 Solutions Segments $584 $582 $576 $581 $541 $527 $502 $2,152 $1,776 $1,596 $1,453 $1,278 OPRA reclassification 7 7 8 7 8 n 8 34 30 23 22 22 ‘Add: Trade Management Services se 84 80 80 7 2 76 313 284275273272 Solutions
Slide 8: Market Platforms
Organic Revenue Growth Market Platforms >$ millions) Total Variance Organic Impact Other" Current Period Prior year $M 3Q22 $353 $336 $17 5% $29 9% $(12) (4)% 2Q22 356 353 3 1% 14 4% (11) (3)% 1922 355 381 (26) (7)% (17) (4)% (9) (2)% 4Q21 356 352 4 1% 8 2% (4) (1% 20212 1,439 1,307 132 10% 115 9% 7
Slide 9: Capital Access Platforms
Organic Revenue Growth Capital Access Platforms (US$ millions) Total Variance Organic Impact Other" Current Prior year Period Period 2021 1,723 1,449 274 19% 261 18% 13 1% 20202 1,468 1,298 170 13% 154 12% 16 1% 20192 1,298 1,223 75 6% 83 % (8) (1)% 2018 2:3 1,263 “WM 152 14% 88 8% 64 6% 2017 234 1,
Slide 10: Anti-Financial Crime
Organic Revenue Growth Anti-Financial Crime (US$ millions) Total Variance Organic Impact Other" 4 Prior year Current Period Period 2021 231 116 115 99% 10 9% 105 91% 2020 116 107 i) 8% 7 7% 2 2% 2019 107 98 9 9% 12 12% (3) (3)% 2018 98 79 19 24% 18 23% 1 1% 2017 79 64 15 23% 15 23% - -%
Slide 11: Marketplace Technology
Organic Revenue Growth Marketplace Technology (US$ millions) Total Variance Organic Impact Othert “ Prior year Current Period Period 20212 557 537 20 4% 7 3% 3 % 20202 540 522 18 3% 12 2% 6 1% 20193 522 464 58 13% 20 % 38 8% 20183 464 459 5 1% 8 2% (3) (1)% 20173 459 443 16 4% 7 4% (1) -% Note: The
Slide 12: Solutions Businesses
Organic Revenue Growth Solutions Businesses (US$ million Total Variance Organic Impact Other" Prior year Period Current Period 3Q22 $677 $627 50 8% 61 10% (1) (2)% 2Q22 673 616 57 9% 68 1% (11) (2)% 1922 664 586 78 13% 70 12% 8 1% 4Q21 668 572 96 7% 66 12% 30 5% 2022 YTD 2,014 1,829 185, 10% 194 11%
Slide 13: Annualized Recurring Revenue
Annualized Recurring Revenue Segment ARR 3Q22 2022 ©1922. 4Q21. «-3Q21.S 2Q21_—S 1921 020 Capital Access Platforms $1172 $1167 $1,146 $1,113 $1,084 $1,056 $1,029 $1113 $986 Market Platforms 503 492 473 479 479 482 473 479-468 Anti-Financial Crime 295 288 280 269 259 255 246 269 m Total $1,970 $1,947
Slide 14: Market Platforms: Trading Services Net Revenues by Asset Class
Market Platforms Trading Services Net Revenues by Asset Class 2Q22 4Q21 3Q21 2019 2018 = el $92 $88 $94 $83 $88 $84 $88 $343 $287 $232 $237 $199 U.S. Cash Equity Trading 70 76 68 68 61 73 90 292 262 161 172 «147 Nordic Cash Equity Trading 24 29 34 33 32 34 38 137 n19 93 103 96 Other? 2 «23 «27 (29°«