GetNinjas S A : Comunicado ao Mercado

RESULTS 1Q23 I May, 2023

Executive Summary

• The focus for 2023 is to accelerate growth while maintaining efficiency in Marketing investments and further reducing cash burn, by increasing process efficiency, creating liquidity for the platform and financial management of the business.
• We have reduced cash burn by 64%, from R$36 million in the 4 quarters after the IPO to R$13 million in the last 4 quarters.
• We have improved our result by 44%, reducing the loss from R$3.7 million in 1Q22 to R$2.1 million in 1Q23.
• We resumed growth in 1Q23, with a 3% increase in Gross Revenue compared to 1Q22 and an increase of 18% compared to 4Q22
• We continue to increase efficiency in attracting and converting PROs, increasing revenue per request and increasing the recurrence of Professionals and Clients.

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Largest services Marketplace on Brazil

Available on more than 4 thousand cities

More than 4.6 million Professionals

More than 4.5 million Requests per year

3

01

The client requests a service

02

This request is broadcasted to our professionals

03

Professionals pay to give a quote

04

Client chooses the professional

We are the connection

between who needs and who knows how to do it

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1QT23 HIGHLIGHTS

CLIENT

REQUESTS

1.1

mm

[-21% vs 1Q22] [+10% vs 4Q22]

NET REVENUE

PROFESSIONALS	ACTIVE	Score 9.2
BASE	PROFESSIONALS
	(LTM)
4.8	173	PRO 4.3	CLI 4.7
mm	mil
[+15% vs 1Q22]	[-16% vs 1Q22]	PRO 4.3	CLI 4.8
[+4% vs 4Q22]	[+1% vs 4Q22]

GROSS PROFIT

NET LOSS

CASH BURN

R$ 15.9mm	R$ 14.6mm	-R$ 2.1mm	-R$ 2.2mm
[+1% vs 1Q22]	[+0.1% vs 1Q22]	[ vs -R$3.7mm on 1Q22]	[vs -R$	3.1 mm on 1Q22]
[+18% vs 4Q22]	[+20% vs 4Q22]	[vs -R$0.7 mm on 4Q22]	[vs -R$	5.0 mm on 4Q22]

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