{
  "docId": "019de510-6950-7438-8d54-fd1b6075c353",
  "docSlug": "c0d460ac3a0cdf30fdde69facf4b1320",
  "documentTitle": "Berkshire Grey | SPAC Presentation Deck | 45 slides",
  "authorId": "berkshire-grey",
  "authorName": "Berkshire Grey",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2021-02-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 34,
  "pageCount": 45,
  "prevPage": 33,
  "nextPage": 35,
  "slideType": "revenue_buildup",
  "function": "show_traction",
  "density": "overcrowded",
  "nDataPoints": 2,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de510-6950-7438-8d54-fd1b6075c353/34",
  "deckHref": "/decks/019de510-6950-7438-8d54-fd1b6075c353",
  "deckJsonHref": "/decks/019de510-6950-7438-8d54-fd1b6075c353.json",
  "deckAnchorHref": "/decks/019de510-6950-7438-8d54-fd1b6075c353#slide-34",
  "components": [
    {
      "bbox": {
        "h": 0.42,
        "w": 0.46,
        "x": 0.509,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Projected Adjusted EBITDA(1) (% margin) 25%",
      "attrs": {
        "series_labels": [
          "25%"
        ],
        "x_axis_labels": [
          "2021E",
          "2022E",
          "2023E",
          "2024E",
          "2025E"
        ],
        "y_axis_labels": []
      },
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "99368970-5f2f-4b99-8dea-a935d47c4c7c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.42,
        "w": 0.46,
        "x": 0.029,
        "y": 0.15
      },
      "kind": "chart",
      "text": "Projected Gross Profit(2) (% margin) 48%",
      "attrs": {
        "series_labels": [
          "48%"
        ],
        "x_axis_labels": [
          "2021E",
          "2022E",
          "2023E",
          "2024E",
          "2025E"
        ],
        "y_axis_labels": []
      },
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c1c0eeae-2398-40f0-a9cf-f9ba017cde10",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.043,
        "w": 0.116,
        "x": 0.029,
        "y": 0.922
      },
      "kind": "image",
      "text": "BG BERKSHIRE GREY",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d4b41b47-802a-4b92-9d56-50350629fc80",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.201,
        "w": 0.46,
        "x": 0.03,
        "y": 0.637
      },
      "kind": "list",
      "text": "Significant operations overhead leverage expected to be attained by increased volume\nWell-defined initiatives in place\nSupply chain efforts include volume pricing from contract manufacturers and commodity cost reduction initiatives\nEngineering programs specifically focused on reducing component costs through redesign efforts",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0ba255e3-e369-4c4b-88d6-6b5fb0154ca7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.46,
        "x": 0.509,
        "y": 0.637
      },
      "kind": "list",
      "text": "Berkshire Grey's business is asset-light with manufacturing completed through contract manufacturers\nExpected to enable Berkshire Grey to achieve significant operating leverage as revenue scales",
      "attrs": {},
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e1e8902f-0295-4003-9247-acff42f17e4e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.941,
        "x": 0.029,
        "y": 0.859
      },
      "kind": "paragraph",
      "text": "Defined pathway to 50%+ gross margin and 25%+ Adj. EBITDA(1) margin",
      "attrs": {},
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "82461eba-06f3-4596-ba68-79f96d3a05a4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.012,
        "w": 0.176,
        "x": 0.154,
        "y": 0.922
      },
      "kind": "source-note",
      "text": "Source: Company management.",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "73416f04-70ed-41b1-b967-96d06511369b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.619,
        "x": 0.154,
        "y": 0.935
      },
      "kind": "source-note",
      "text": "(1) Excludes stock-based compensation and depreciation and amortization. Adjusted EBITDA is a non-GAAP measure. See reconciliations of historic measures in Appendix.\n(2) Includes direct and indirect costs of goods sold (including operations).",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f780f067-291e-4f6b-8ed2-7a90f43c80c9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.938,
        "x": 0.029,
        "y": 0.03
      },
      "kind": "title",
      "text": "Operating Leverage And Scale Drive Projected Adjusted EBITDA(1) Growth",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dc69d7a0-6068-4a92-9aab-654fbd41de00",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Waterfall chart",
      "slug": "waterfall-chart",
      "agent": null,
      "layer": "slide",
      "matchId": "fd103065-e6a6-4ab5-aea6-aa4592e88a75",
      "evidence": "chart/line: Projected Adjusted EBITDA(1) (% margin) 25%",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 34,
      "from": 32,
      "beatId": "c379734a-ccb2-4349-ac0f-8dbcf7428fe5",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Financials",
      "beatSlug": "sequoia-pitch-financials",
      "evidence": "The financial overview is presented on pages 32-34",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}