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      "text": "Adjusted Gross Profit $ in millions 42% CAGR $135 $(7) $167 $46 $2581 2020 2021 2022E S1 Holdco / System1 Protected.net",
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      "text": "Adjusted EBITDA $ in millions 43% CAGR $73 $(11) $88 $39 $1281 2020 2021 2022E S1 Holdco / System1 Protected.net",
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      "text": "Note: See Appendix for a reconciliation of non-GAAP metrics to comparable GAAP metrics. 2022 includes Protected.net results for January 1, 2022 through January 26, 2022.\n(1) Assumes midpoint of Company's most recent guidance provided on November 10, 2022.",
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