sonder investor presentation
Webcast. Now customize the name of a clipboard to store your clips. F 310 209 3310. Circle | USDC, Payments & Treasury Infrastructure for Businesses Don't get stuck in a broken routine with poor software, manage your properties with Hostaway and experience a better business and life right away! On the company website, property owners can find out about Sonders promises about returns. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading.While an option overlay is intended to improve performance, there is no guarantee that it will do so. Through its digital-first approach, consistent high-quality, and beautifully designed short-term rentals, Sonder will appeal to a different segment of consumers mainly concentrated around business travelers, business traveler groups, families, and digital nomads. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamless managed experience. Visit us on Twitter; Visit us on . - Through interactive workshops, conferences, competitions, and resources to stimulate passion in neuroscience, it strives to support students in inclusive and unique ways. Investor Presentation. Copyright 2023 Surperformance. Success! Scribd is the world's largest social reading and publishing site. Property Level Costs ("PLC") represent costs directly associated with guest-facing functions in each of Sonder's buildings. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. Existing Sonder investors, including Canada's Inovia Capital Growth Fund I, will retain 74-per-cent ownership. Hypothetical strategies and indices presented are unmanaged, do not reflect any fees, expenses, transaction costs, commissions or taxes, and one cannot invest directly in any of these. The Sonder app gives guests full control over their stay. Sonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced new appointments to its Board of Directors. They are consistent and dependable, he continued, We are the managers of the entire experience. In addition, the manager can set the temperature and turn on lights before guests arrive to ensure the most welcoming environment; turn off the heating and lights when guests depart to conserve energy; and coordinate housekeeping, cleaning, and maintenance. For investor inquiries: ir@sonder.com For media inquiries: https://investors.sonder.com/media-page Company About Us News Careers Press Business and Groups Real Estate Responsibility Investor Relations Support Help Center Social Direct bookings from Sonder's platform grew from 10% at the beginning of 2018 to close to 60% in 2021 - a continuation of this trend will increase profitability even more. Yet, Sonder has survived, by drastically renegotiating leases, laying off staff, and pivoting its business model. Investor Presentation (November 2022) 2Q22 Shareholder Letter. Takeaway: Regarding the 3 dimensions of price, design, and quality consistency, Sonder introduces technology to drive down the price dimension, so that it can score top marks on all 3. Sonder | Series D Deck Jul. 05/25/2022 12:40 PM ET. Sonder Holdings Inc is engaged in providing hospitality through its tech-enabled services. Sonder is clear about its ambition to build a new kind of hospitality brand (who would want to create an outdated brand??). Takeaway: Sonder is expecting insane levels of growth, and despite being in a capital-intensive business, sees a rapid path to profitability. Sonder has not reconciled consolidated Free Cash Flow guidance to projected consolidated GAAP cash provided by (used in) operating activities because we do not provide guidance on GAAP by (used in) operating activities or the reconciling items between Free Cash Flow and GAAP cash provided by (used in) operating activities, as a result of the uncertainty regarding, and the potential variability of, certain of these items. - YMAP is a youth-led non-profit organization dedicated to connect youths with opportunities in the field of neuroscience and health sciences. Sonder plans to grow its Live Units supply by 15-fold over the next 5 years, an ambitious goal. makes us believe Sonder's stock has the ability generate over 1,000% return in the next 5 years. booking trends tend to favor rural areas. Four years later, more than . Today's call will include non-GAAP financial measures, which should be considered in addition to and not as a substitute for or in isolation from our GAAP results. Sonder is transforming the future of hospitality. It could be that bookings from OTAs like Airbnb and Booking.com were canceled by force majeure and that Sonders direct bookings were not. According to Sonder, they sign multi-year fixed leases, mixed leases, or revenue shares as the anchor or sole tenant in your current properties and development projects, increasing NOI (Net Operating Income), accelerating lease-ups, and helping de-risk cash flow. Q3 2022 Earnings Presentation 3.3 MB. Clipping is a handy way to collect important slides you want to go back to later. Sonder is a tech-driven hospitality company offering spaces built for travel and life in cities around the world. The growth of its platform is heavily influenced by supply growth or the sheer number of listings. Jan 9, 2023 12:00 PM EST 41st Annual J.P. Morgan Healthcare Conference. Sonder forecasts their 2025 GAAP revenue to grow to a whopping $4B at a 103% CAGR (2020-2025). Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options - from spacious rooms to fully-equipped suites and apartments - found in over 35 markets spanning ten countries and three continents. What is an Investor Presentation? To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. The modern design and highly streamlined technology allow guests and managers to have a seamless, consistent experience. check out the ultimate pitch deck collection here! Investor Presentation for the Preliminary Fiscal 2021 Fourth Quarter and Full-Year Ended March 31, 2021 Feb 1, 2021 Presentations Investor Call Presentation for the Fiscal 2021 Third Quarter Ended December 31, 2020 Nov 11, 2020 . Total Portfolio represents Live Units plus Contracted Units. Top 10 slides from Sonder's 2021 investor presentation, as company prepares to go public at a $2.2 billion value | Rental Scale-Up Thibault Masson Thibault is the founder of Rental Scale-Up. Private Equity/Venture Capital/Angel Investor in the Fintech/Blockchain and Hotel/Hospitality Sector, Do not sell or share my personal information. Sonder is not yet able to generate revenue from these units. After submitting your request, you will receive an activation email to the requested email . Sonder leases and renovates apartments and hotels, and rents them to guests. Sonder's system is simple, easy, streamlined, and centralized. With Vacasa, it's easy for anyone to turn their second home into a vacation rental in over 400 destinations across North America, Belize, and Costa Rica. In essence, Sonder is a hotel-quality room without the commercial feel of a hotel. This excludes nights lost to full building closures of greater than 30 nights. It is a positive sign that Sonder is growing and getting repeat purchases, referrals, and organic traffic. Like many companies in late 2020 and early 2021, it is going public via a special acquisition company (SPAC). Lets have a look at Sonders presentation, along with our selection of and comments on the Top 10 slides. Gores Metropoulos raised $450 million in a January initial public offering. The combined company's common stock and warrants began trading on 19 January 2022, on the Nasdaq Global Select Market ("Nasdaq") under the ticker symbols "SOND" and "SONDW," respectively. Through innovative technology and thoughtfully designed accommodations, Sonder is revolutionizing the hospitality industry Combined company to have an estimated pro forma enterprise value of approximately $2.2 billion Business combination includes $650 million of cash proceeds from Gores Metropoulos II before expenses, All pictures below are taken from Sonder's investor presentation, the entirety of which can be downloaded from Sonder's investor relations page. Volt does not purport to provide any legal, tax, or accounting advice. Thank you for your interest in the U.S. Securities and Exchange Commission. Among the startup's most notable features are that it converts properties into short-term rental properties and hotels. With property level profit margins going from (54%) in 2020 to 32% in 2025. In addition, other companies may not publish these or similar metrics. An investor presentation provides a clear, concise yet informative overview of your business to potential investors. Beverly Hills, CA 90212. Sonders innovative app empowers guests by making self-service features and 24/7 on-the-ground support just a tap away. Before COVID-19, Sonder was pretty much agnostic when it came to listing on OTAs such as Airbnb and Booking.com. How about a sneak peek at Sonders 2021 investor slide deck? This recognizes the economic substance of the payment to real estate owners as reflected in the real estate contract (e.g., if Sonder's Takeover Date, the date on which Sonder receives the keys and is able to begin opening the building, was January 1, 2021 and it had three months of abatement at the beginning of the real estate contract, the Landlord Payments for the building in the first quarter of 2021 would be $0). A telephone replay of the call is available by dialing 1-844-512-2921 (toll/international 1-412-317-6671) and entering passcode 1143881. FF&E Allowance Realized represents cash payments from real estate owners received for capital expenditure financing. Content is subject to change without notice. Cash Contribution Margin is defined as Cash Contribution as a percentage of revenue. These forward-looking statements are based on Sonder's management's current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. The information that can be accessed through hyperlinks or website addresses included herein is deemed not to be incorporated in or part of this presentation. 1. Free Cash Flow ("FCF") is defined as our cash provided by (used in) operating activities plus any changes to capital expenditures and internally developed software, both of which are included in cash provided by (used in) investing activities, excluding the impact of restructuring charges, if any. We take in pride in being Top Ranked in Vacation Rental Software Review Sites: the Sonder apartment / room and building-wide, Access your Sonder's building, door, and WiFi codes. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. "It's pretty . Sonder Holdings Inc. is merging with Gores Metropoulos II Inc. (GM II), a SPAC sponsored by an affiliate of The Gores Group LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos of Metropoulos & Co. At the beginning, Sonder focused on taking over the management over multi-family buildings in order to offer urban apartments on sites such as Airbnb. Sonder has about 5,000 Live Units (units that are bookable) and 7,000 Contracted Units (units that have been signed but not yet booked) in the pipeline, as declared in its investor presentation. Free Cash Flow Margin is defined as Free Cash Flow as a percentage of revenue. FLGC: $0.37: Q3 2022 FLGC Earnings Call. In contrast, Landlord Payments recognize abatement from real estate owners at the time abatement is utilized (often at the commencement of a real estate contract), and future escalation payments at the time they actually occur, in an effort to most accurately reflect the timing of cash outflows for rent. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users. Please declare your traffic by updating your user agent to include company specific information. For local inhabitants and businesses, the disaster is also economic. 2021, Volt Equity (Volt). Stay Connected . Investor Presentation - March 2021. At a time when the coronavirus pandemic has . Oops! www.HelpWriting.net This service will write as best as they can. We plan to have a multi-part series diving into Sonder's competition, strategy, leadership, and more. At the time, property managers and industry experts were impressed by the details revealed: Expansion plans, unit metrics, cost savings due to technology, and ambitions for the brand. Uploaded by Lewis. Apellis SYFOVRE FDA Approval Conference Call Presentation 840.9 KB. Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. And with 24/7 on-demand service, crisp linens, and over 200 other quality standards, were taking stay further for guests all around the world. This presentation and the oral presentation accompanying it contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. At a valuation of ~$2B and considering their estimated 2022 revenue, Sonder's revenue multiple would fall below the median multiple of upscale lodging companies like Hilton and Mariott, just above the median multiple of digital hospitality and real estate companies like Redfin and Tripadavisor, and below the median multiple of vertical disruptors like Uber, Doordash, and Airbnb. So you do not need to waste the time on rewritings. By June 2020, the company had raised a total of over $550 million, valuing Sonder at $1.3 billion. Unsubscribe at any time. It could also be due to marketing cuts forcing the company to focus on cheaper channels and direct traffic. Source: Sonder Investor Presentation (Nov 2021) If their 2025 revenue projections are close, using the 2x - 8.6x revenue multiples, their market cap growth from their $2B baseline today would be $8B - $34B in 4 years time. Sonder basically takes over well-located apartment developments and hotels to redesign and relaunch them under its tech-savvy brand. -, Sonder Holdings Inc. Reports Inducement Grants under Nasdaq Listing Rule 5635(4), Sonder Holdings Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4), Sonder Holdings Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 1, 2023. Sonder valuation as of 10/28/2021 and projections as of Q3 2021. 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