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  "presentationDate": "2023-03-01 00:00:00",
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      "text": "Net revenues\nFY 2023 net revenues expected to grow to $62mm-$72mm, up ~15%-30% from 2022\nCrypto activation timelines impacted by market headwinds\nLoyalty redemption activity facing pressure from macroeconomic environment",
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      "text": "Cash flow\nFY 2023 net cash used in operating activities expected to be ($100mm-$110mm), improving ~5%-15% from 2022\nFY 2023 free cash flow expected to be ($105mm)-($115mm), improving ~25%-30% from 2022\nIncludes ~$13mm of acquisition related deal expenses and restructuring charge cash payment of ~$2.3mm-$2.7mm",
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      "text": "Apex Crypto acquisition, which is subject to regulatory approval, expected to close in 1H23. We expect to provide financial outlook after the close\nAs previously disclosed, we expect to recognize quarterly net losses during 2023 as our business continues to scale",
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