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  "authorName": "Marti",
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  "presentationDate": "2022-11-01 00:00:00",
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      "text": "Source: Company information. Note: The interim financials are non-GAAP management reporting financials and have not been audited or reviewed by the Company's independent auditors. 1. Adjusted EBITDA: The Company defines Adjusted EBITDA as net income (loss) plus non-operating income (loss), depreciation and amortization, net interest expense, income taxes, stock-based compensation and transaction costs.",
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      "text": "Average Daily Vehicles Deployed 17,877 36,176 102% ↑~2X growth in fleet size, including new modalities. Average Daily Rides per Vehicle 4.32 3.11 (28)% ↓Q3 2021 figures reflect temporary increase in demand following the end of COVID curfew in Q2 2021. Average Net Revenue per Ride (USD) 1.02 0.87 (16)% ↓Increase in share of commute relative to leisure rides reduced average ride durations by ~20%. Net Revenue (USD, thousands) 7,263 8,943 23% Operating Costs, excl. D&A (USD, thousands) (3,009) (4,778) 59% ↓Revised field operation vehicle rates and increased cost of fuel. Expiration of cloud server credit. % of Net Revenue 41% 53% G&A (USD, thousands) (1,966) (2,804) 43% ↓Additions to senior management team and increased advisory expenses prior to listing. % of Net Revenue 27% 31% Adj. EBITDA (USD, thousands) ¹ 2,373 1,483 (38)% Adj. EBITDA Margin 33% 17%",
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      "text": "Q3 2021 vs. Q3 2022 results",
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