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  "documentTitle": "Bakkt | Results Presentation Deck | 26 slides",
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  "presentationDate": "2023-05-01 00:00:00",
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  "pageNumber": 14,
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      "text": "Net revenues ($mm)\n1Q net revenues ↑4% YoY\n$12.5, $6.0, $6.5 (1Q22)\n$13.6, $6.6, $7.0 (2Q22)\n$12.9, $6.3, $6.6 (3Q22)\n$15.6, $7.8, $7.8 (4Q22)\n$13.0, $5.5, $7.5 (1Q23)",
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      "text": "Net revenues of $13.0mm increased 4% YoY\nTransaction revenues of $7.5mm increased 15% YoY, driven by an increase in air travel in loyalty redemptions\nSubscription and service revenues of $5.5mm decreased 8% YoY, due to a reduction in volume-based service revenues, partially offset by a slight increase in subscription revenue",
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      "text": "Note: All financial data on this slide is unaudited.",
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