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  "documentTitle": "BigCommerce | Results Presentation Deck | 40 slides",
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  "presentationDate": "2023-05-01 00:00:00",
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      "kind": "chart",
      "text": "Non-GAAP operating expense as % of revenue 1Q21-1Q23: Sales & Marketing, Research & Development, General & Administrative. Operating margin: (7%) to (9%).",
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      "text": "Non-GAAP operating expense as % of revenue 2019-2022: Sales & Marketing, Research & Development, General & Administrative. Operating margin: (34%) to (17%).",
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      "text": "Sales & Marketing, Research & Development, General & Administrative",
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      "text": "Operating margin: (34%) 2019, (18%) 2020, (10%) 2021, (17%) 2022",
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      "text": "Note: In Q1 2023, we reclassified certain costs that we had previously included in general and administrative expense into sales and marketing expense. To maintain consistency between comparable periods, the equivalent change has been applied to prior periods. This change in classification had no effect on the reported results of our operations or cash flow. Note: Non-GAAP operating expenses and operating margin exclude the effect of stock-based compensation and related payroll tax expense. See appendix for reconciliation of Non-GAAP measures to GAAP. Amounts may not add due to rounding.",
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      "text": "Driving leverage to deliver profitable growth. Targeting positive adjusted EBITDA in Q4'23",
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