Slide 1: Q1 2024 Earnings Conference Call
Q1 2024 Earnings Conference Call May 15, 2024 PAGE 1
Slide 2: Forward-Looking Information
Forward-Looking Information This presentation includes certain forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond TERAGO’s control. Forward-looking statements may include but are not limited to statements
Slide 3: Non-GAAP Measures
Non-GAAP Measures Adjusted EBITDA The term “EBITDA” refers to earnings before deducting interest, taxes, depreciation and amortization. The Company believes that Adjusted EBITDA is useful additional information to management, the Board and investors as it provides an indication of the operational re
Slide 4: Key Operating Metrics
Key Operating Metrics Average Revenue Per User ($) Churn Rate (%) Churn Rate (%) Connectivity Connectivity $1,101 $1,104 $1,127 $1,164 $1,158 1.3% 1.2% 1.0% 0.9% 0.8% Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 PAGE 4
Slide 5: Q1 2024 Financial Highlights
Q1 2024 Financial Highlights Total Revenue ($ thousands) $6,509 $6,472 Q1 2023 Q1 2024 Net Loss ($ thousands) 1100.00 Adjusted EBITDA ($ thousands) 1050.00 $3,547 1000.00 $930 950.00 900.00 850.00 $827 800.00 $2,549 750.00 700.00 650.00 600.00 550.00 500.00 450.00 400.00 350.00 300.00 250.00 200.00
Slide 6: Adjusted EBITDA & Liquidity
Adjusted EBITDA & Liquidity Balance Sheet at March 31, 2024 ($ thousands) Cash and cash equivalents $2,467 Short-term investments $227 Adjusted EBITDA ($ thousands) Cash from Operations ($ thousands) $1,190 $1,514 $1,166 1200 $930 $758 $918 700 $827 200 -300 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 ($163) $500
Slide 7: PAGE 7
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