{
  "docId": "019de50e-b3ca-7772-86a1-7cad9f0262cc",
  "docSlug": "8fa43dbad4eb5a55489aa6816f7c2b41",
  "documentTitle": "Lindblad | SPAC Presentation Deck | 37 slides",
  "authorId": "lindblad",
  "authorName": "Lindblad Expeditions",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2015-04-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2938006,
  "pageNumber": 20,
  "pageCount": 37,
  "prevPage": 19,
  "nextPage": 21,
  "slideType": "traction",
  "function": "show_traction",
  "density": "dense",
  "nDataPoints": 20,
  "notes": "The slide highlights a 27% CAGR in EBITDA and provides a breakdown of margins and capex.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50e-b3ca-7772-86a1-7cad9f0262cc/20",
  "deckHref": "/decks/019de50e-b3ca-7772-86a1-7cad9f0262cc",
  "deckJsonHref": "/decks/019de50e-b3ca-7772-86a1-7cad9f0262cc.json",
  "deckAnchorHref": "/decks/019de50e-b3ca-7772-86a1-7cad9f0262cc#slide-20",
  "components": [
    {
      "bbox": {
        "h": 0.35,
        "w": 0.84,
        "x": 0.08,
        "y": 0.325
      },
      "kind": "chart",
      "text": "Adjusted EBITDA 2010-2014",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "68202c9e-46da-46bf-ad59-5809d998dd31",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.09,
        "w": 0.89,
        "x": 0.08,
        "y": 0.21
      },
      "kind": "list",
      "text": "EBITDA margin has increased over 700 basis points from 15% to 22% over the past five years as Lindblad managed cost, added capacity and increased scale. The NG Orion was purchased in 2013 for $30 million and, following integration into Lindblad, now contributes approximately $8-9 million of annual EBITDA with significantly more anticipated in the years ahead",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "22952f7c-bc81-4f19-90eb-2e20a308663f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.13,
        "w": 0.78,
        "x": 0.11,
        "y": 0.67
      },
      "kind": "table",
      "text": "Key Metrics: Margin, Maintenance Capex, Growth Capex",
      "attrs": null,
      "subkind": "kpi",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "24c1c246-a8be-4568-aec7-c010bef57d64",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.93,
        "x": 0.06,
        "y": 0.07
      },
      "kind": "title",
      "text": "SIGNIFICANT EBITDA GROWTH",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "489a8fe9-0bb7-4b03-b351-5abdc9f96ce4",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "59fd77be-fb1c-4a5a-b631-b8c13d623586",
      "evidence": "chart/bar-vertical: Adjusted EBITDA 2010-2014",
      "confidence": 0.8
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 20,
      "from": 6,
      "beatId": "371125a4-5b02-4a02-8458-73401a3eeee3",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Solution",
      "beatSlug": "sequoia-pitch-solution",
      "evidence": "Investment thesis and Lindblad Expeditions overview sections showcase the solution",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}