| (1) | These non-GAAP financial measures, and reasons why we believe these non-GAAP financial measures are useful, are described below and reconciled to their most directly comparable GAAP measures in the accompanying tables. |
Key Operating Metrics (2) :
| As of March 31, | ||||||||||||
| 2022 | 2021 |
%
Change | ||||||||||
| Active Buyers(3) | 30,683 | 21,345 | 44 | % | ||||||||
| Percentage of Revenue from Existing Accounts(3) | 94 | % | 95 | % | (1 | )% | ||||||
| Accounts with Last Twelve-Months Spend of at Least $50,000(3) | 790 | 412 | 92 | % | ||||||||
| (2) | These key operating metrics are for Marketplace. |
| (3) | Amounts shown for Active Buyers and Accounts with Last Twelve-Months Spend of at Least $50,000 are as of March 31, 2022 and 2021, and Percentage of Revenue from Existing Accounts is presented for the quarters ended March 31, 2022 and 2021. |
Financial Guidance and Outlook:
| Q2 2022 | FY 2022 | |||||||||||||||
| (in millions) | ||||||||||||||||
| Low | High | Low | High | |||||||||||||
| Revenue | $ | 91.5 | $ | 93.5 | $ | 392.0 | $ | 400.0 | ||||||||
| Adjusted EBITDA | $ | (11.0 | ) | $ | (10.0 | ) | $ | (36.0 | ) | $ | (32.0 | ) | ||||
