{ "docId": "019de510-51ab-7059-a5b3-d98c32fa07b0", "docSlug": "decde3b53720a46c73a1c8ba70092d6a", "documentTitle": "LiveVox | SPAC Presentation Deck | 42 slides", "authorId": "livevox", "authorName": "LiveVox", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investment_bank", "sourceTypeLabel": "Investment bank", "presentationDate": "2021-01-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.2938006, "pageNumber": 2, "pageCount": 42, "prevPage": 1, "nextPage": 3, "slideType": "disclaimer", "function": "front_matter", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de510-51ab-7059-a5b3-d98c32fa07b0/2", "deckHref": "/decks/019de510-51ab-7059-a5b3-d98c32fa07b0", "deckJsonHref": "/decks/019de510-51ab-7059-a5b3-d98c32fa07b0.json", "deckAnchorHref": "/decks/019de510-51ab-7059-a5b3-d98c32fa07b0#slide-2", "components": [ { "bbox": { "h": 0.09, "w": 0.91, "x": 0.045, "y": 0.59 }, "kind": "disclaimer", "text": "The historical financial data included in this Presentation is subject to audit completion and certain metrics are presented on a pro forma basis to include results of acquired businesses as if such acquisitions had been completed as of January 1 of the applicable year of the acquisition. In addition, this presentation includes references to non-GAAP financial measures, including but not limited to Gross Margin and EBITDA, please see slide 41 for a reconciliation of non-GAAP financial measures. Such non-GAAP measures should be considered only as supplemental to, and not as superior to, financial measures prepared in accordance with GAAP. Additionally, to the extent that forward-looking non-GAAP financial measures are provided, they are presented on a non-GAAP basis without reconciliations of such forward-looking non-GAAP measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "1af344d7-d5ec-42eb-b510-0ee82280c231", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.91, "x": 0.045, "y": 0.19 }, "kind": "disclaimer", "text": "This Management Presentation (this \"Presentation\") has been prepared by LiveVox, Inc. and its affiliates (collectively, \"LiveVox\" or \"Company\") and Crescent Acquisition Corp (\"Crescent\") in connection with a proposed business combination involving Crescent and LiveVox as further described herein (the \"Transaction\"). This Presentation is for informational purposes only and does not constitute an offer or invitation for the sale or purchase of securities, assets or the business described herein or a commitment to Crescent or LiveVox with respect to any of the foregoing, and this Presentation shall not form the basis of any contract, nor is it a solicitation of any vote, consent, or approval in any jurisdiction pursuant to or in connection with the Transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "48efedeb-14ab-4525-bd2b-820af763fd32", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.91, "x": 0.045, "y": 0.93 }, "kind": "disclaimer", "text": "LTV is calculated as subscription gross margin divided by gross churn. CAC is calculated as trailing twelve months S&M expense divided by quarter 0 subscription revenue annualized less quarter 4 subscription revenue annualized.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "78911652-e642-4bef-9beb-a1c373890310", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.91, "x": 0.045, "y": 0.74 }, "kind": "disclaimer", "text": "Neither Crescent nor LiveVox nor any of their respective directors, officers, employees, advisors, representatives or agents makes any representation or warranty of any kind, express or implied, as to the value that may be realized in connection with the Transaction, the legal, regulatory, tax, financial, accounting or other effects of a Transaction or the accuracy or completeness of the information contained in this Presentation, and none of them shall have any liability based on or arising from, in whole or in part, any information contained in, or omitted from, this Presentation or for any other written or oral communication transmitted to any person or entity in the course of its evaluation of the Transaction. Only those representations and warranties that are expressly made in a definitive written agreement with respect to the Transaction, if executed, and subject to the limitations and restrictions specified therein, shall have any legal effect.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "869100be-987d-4b3e-89a7-09f559a5c9dd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.3, "w": 0.91, "x": 0.045, "y": 0.28 }, "kind": "disclaimer", "text": "This Presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may be made directly in this Presentation. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words \"anticipate,\" \"expect,\" \"suggests,\" \"plan,\" \"believe,\" \"intend,\" \"estimates,\" \"targets,\" \"projects,\" \"should,\" \"could,\" \"would,\" \"may,\" \"will,\" \"forecast\" and other similar expressions are intended to identify forward-looking statements. All forward-looking statements are based upon management estimates and forecasts and reflect the views, assumptions, expectations, and opinions of Crescent or LiveVox, as the case may be, as of the date of this Presentation, and may include, without limitation, changes in general economic conditions, including as a result of COVID-19, all of which are accordingly subject to change. Any such estimates, assumptions, expectations, forecasts, views or opinions set forth in this Presentation constitute Crescent's or LiveVox's, as the case may be, judgments and should be regarded as indicative, preliminary and for illustrative purposes only. The forward-looking statements and projections contained in this Presentation are subject to a number of factors, risks and uncertainties, some of which are not currently known to Crescent or LiveVox, that may cause Crescent's or LiveVox's actual results, performance or financial condition to be materially different from the expectations of future results, performance of financial condition. Although such forward-looking statements have been made in good faith and are based on assumptions that Crescent or LiveVox, as the case may be, believe to be reasonable, there is no assurance that the expected results will be achieved. Crescent's and LiveVox's actual results may differ materially from the results discussed in forward-looking statements. Additional information on factors that may cause actual results and Crescent's performance to differ materially is included in Crescent's periodic reports filed with the Securities and Exchange Commission (\"SEC\"), including but not limited to Crescent's annual report on Form 10-K for the year ended December 31, 2019 and subsequent quarterly reports on Form 10-Q. Copies of Crescent's filings with the SEC are available publicly on the SEC's website at www.sec.gov or may be obtained by contacting Crescent. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. These forward-looking statements are made only as of the date hereof, and neither Crescent nor LiveVox undertake any obligations to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "93433a0f-3292-46ac-9f00-133857b1dae0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.08, "w": 0.91, "x": 0.045, "y": 0.84 }, "kind": "disclaimer", "text": "This Presentation contains information derived from third party sources, including research, surveys or studies conducted by third parties, information provided by customers and/or industry or general publications. While we believe that such third party information is reliable, we have not independently verified, and make no representation as to the accuracy of, such third party information. This Presentation contains financial forecasts. These projections are for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. Inclusion of the prospective financial information in this presentation should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a67e7af8-0616-475b-ab19-29e5c10affb6", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.91, "x": 0.045, "y": 0.7 }, "kind": "disclaimer", "text": "Certain financial information and projections contained in this Presentation are in draft form and based on internal financial reports as of December 31, 2020. These figures may not include all adjustments required by GAAP under PCAOB standard.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e55da6c1-aa08-4aaa-8c6e-afa90d27c7e4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.91, "x": 0.045, "y": 0.97 }, "kind": "disclaimer", "text": "This Presentation contains references to trademarks and service marks belonging to other entities. Solely for convenience, trademarks and trade names referred to in this presentation may appear without the ® or ™ symbols, but such references are not intended to indicate, in any way, that the applicable licensor will not assert, to the fullest extent under applicable law, its rights to these trademarks and trade names. We do not intend our use or display of other companies' trade names, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other companies.", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f4133ae6-1d6d-4e00-865e-30b0d471b183", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.09, "x": 0.86, "y": 0.05 }, "kind": "image", "text": "LIVEVOX", "attrs": {}, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "357d03f4-842e-4fb8-8bc3-fbc42279daab", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.11, "x": 0.045, "y": 0.95 }, "kind": "image", "text": "LIVEVOX", "attrs": {}, "subkind": "logo", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "ab11b5bc-b565-4be8-a541-5e9ff19abf00", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.01, "x": 0.94, "y": 0.95 }, "kind": "other", "text": "2", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6d37cfe2-90f6-4e4d-bb73-3605aebec88a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.22, "x": 0.045, "y": 0.05 }, "kind": "title", "text": "Disclaimer", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f6485f06-de71-4ec7-b292-0ccc413252f0", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }