{
  "docId": "019de513-f0be-776c-87a5-c58ed5d26b5e",
  "docSlug": "bc74fb72f017f9b02783c3d13e4cc5f3",
  "documentTitle": "Toast | Results Presentation Deck | 26 slides",
  "authorId": "toast",
  "authorName": "Toast",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2022-08-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 20,
  "pageCount": 26,
  "prevPage": 19,
  "nextPage": 21,
  "slideType": "kpi_overview",
  "function": "frame_situation",
  "density": "overcrowded",
  "nDataPoints": 16,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019de513-f0be-776c-87a5-c58ed5d26b5e/20",
  "deckHref": "/decks/019de513-f0be-776c-87a5-c58ed5d26b5e",
  "deckJsonHref": "/decks/019de513-f0be-776c-87a5-c58ed5d26b5e.json",
  "deckAnchorHref": "/decks/019de513-f0be-776c-87a5-c58ed5d26b5e#slide-20",
  "components": [
    {
      "bbox": {
        "h": 0.43,
        "w": 0.454,
        "x": 0.238,
        "y": 0.34
      },
      "kind": "chart",
      "text": "Q1-19 to Q2-22 R&D Expense as a % of Recurring Revenue",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "26e82b02-e6fa-4724-88a3-e16b19a6ccfa",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.22,
        "x": 0.447,
        "y": 0.806
      },
      "kind": "list",
      "text": "2020 vs. 2022\nSaaS and Total ARR: >200%\nLocations: >100%",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b90bc01a-8a89-4ada-b5c9-f356cf8b42df",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.88,
        "x": 0.092,
        "y": 0.928
      },
      "kind": "source-note",
      "text": "Note: Recurring revenue includes subscription services revenue plus financial technology solutions gross profit. Please refer to our Earnings Release for Q2 2022 for the definition of Non-GAAP Research and Development Expense.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "59410d18-19f6-4fb6-b18b-36dfb5baa8e4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.046,
        "w": 0.28,
        "x": 0.687,
        "y": 0.484
      },
      "kind": "source-note",
      "text": "Efficiently invest in R&D to drive continued location and ARPU growth going forward",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "97753ace-95ca-4ce5-bd0a-38b968980e04",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.046,
        "w": 0.22,
        "x": 0.432,
        "y": 0.408
      },
      "kind": "source-note",
      "text": "Accelerated investment to rebuild and scale team amid significant growth",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c4d89296-c15b-4ee9-ab6d-17bce6734378",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.039,
        "w": 0.867,
        "x": 0.096,
        "y": 0.134
      },
      "kind": "title",
      "text": "R&D Investments Position Team to Support Continued Scale and Growth",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2f2c7e1a-3492-42a4-9ee3-011253b19f07",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.019,
        "w": 0.574,
        "x": 0.213,
        "y": 0.257
      },
      "kind": "title",
      "text": "Research & Development Expense (Non-GAAP basis) as a % of Recurring Revenue",
      "attrs": null,
      "subkind": "subtitle",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b73baa3b-9a5b-4853-9d52-5609a635e0d6",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 26,
      "from": 17,
      "beatId": "a3064062-4671-4267-af97-ea6380e0eafc",
      "arcName": "Monroe's Motivated Sequence",
      "arcSlug": "monroes-sequence",
      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "Toast concludes with a discussion of its strategy and outlook",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": "Resolution",
      "parentBeatSlug": "resolution"
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}