{
  "docId": "019de073-93ee-7394-bdf7-1c164c366b51",
  "docSlug": "53458cfb0d6df15cba0ab9419a6e6fc1",
  "documentTitle": "Reservoir | Investor Presentation Deck | 35 slides",
  "authorId": "reservoir",
  "authorName": "Reservoir",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-09-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 21,
  "pageCount": 35,
  "prevPage": 20,
  "nextPage": 22,
  "slideType": "business_model",
  "function": "present_solution",
  "density": "dense",
  "nDataPoints": 1,
  "notes": "Uses a visual diagram to show the divergence between revenue and expenses over time.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de073-93ee-7394-bdf7-1c164c366b51/21",
  "deckHref": "/decks/019de073-93ee-7394-bdf7-1c164c366b51",
  "deckJsonHref": "/decks/019de073-93ee-7394-bdf7-1c164c366b51.json",
  "deckAnchorHref": "/decks/019de073-93ee-7394-bdf7-1c164c366b51#slide-21",
  "components": [
    {
      "bbox": {
        "h": 0.45,
        "w": 0.55,
        "x": 0.09,
        "y": 0.35
      },
      "kind": "diagram",
      "text": "Area chart showing revenue growing faster than expenses over time",
      "attrs": null,
      "subkind": "other",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bbda6928-f51b-440d-99e6-1b4518084084",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.28,
        "w": 0.25,
        "x": 0.725,
        "y": 0.61
      },
      "kind": "list",
      "text": "Asset light model; Limited incremental expenses needed as new catalogs are added; Tommy Boy acquisition expanded platform in U.S. for Recorded Music",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "36901dbc-4ade-4bd7-a31c-e2696e0138a4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.22,
        "x": 0.738,
        "y": 0.25
      },
      "kind": "metric",
      "text": "> 88% of Acquired Gross Profit Should Fall to Adj. EBITDA",
      "attrs": null,
      "subkind": "big-number",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "80b584f0-ecf9-46f0-b5d1-6d34717e5f33",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.35,
        "x": 0.18,
        "y": 0.25
      },
      "kind": "paragraph",
      "text": "Core Infrastructure Provides Substantial Operating Leverage as the Business Grows",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4ee86968-683d-4c70-812a-11a9e90ac4af",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.15,
        "x": 0.06,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "1 For the period FY18-FY22",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3a21c07a-6c45-4018-b3c7-73c960f22399",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.6,
        "x": 0.12,
        "y": 0.07
      },
      "kind": "title",
      "text": "Operating Leverage & Cash Flow Generation",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8d217655-0f82-424c-a450-502ca1bd0e3a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "operating-leverage",
      "slug": null,
      "matchId": "9881db94-1dd1-44fe-b78a-7e3c12e8723d",
      "evidence": "Visual representation of revenue growth outpacing expense growth",
      "confidence": 0.9
    }
  ],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}