Boost Run (BRUN) Investor presentation summary

Financial performance and growth

• Annual recurring revenue projected to exceed $400M in FY2026, reflecting 1233% year-over-year growth.

• Free cash flow margin expected to be 15–20% in 2026, indicating sustainable economics.

• Capital expenditures for FY2026 estimated at $1.1B–$1.2B, supporting a strong contracted backlog.

• Run rate revenue is set to expand nearly 4x from 2024 to 2025.

• TCV/CAPEX ratio of 1.2x–1.4x demonstrates strong capital efficiency.

Business model and operations

• Provides GPU compute, managed Kubernetes, CPU nodes, and shared storage via a user-friendly console and API.

• Contract structure features significant upfront cash and long-term recurring revenue, typically over three years.

• Capital deployment is closely coordinated with customer commitments, with leases amortized in 30–36 months.

• Maintains industry leadership through proactive technology refreshes and pricing power.

• Trusted relationships and repeat customers drive diversified expansion.

Market position and partnerships

• Recognized as a preferred NVIDIA Cloud Partner and one of eight with Exemplar Cloud Status.

• Partners include Dell Technologies, Lenovo, and CDW, supporting a diversified national customer base.

• Customers span leading AI providers and consumers, enhancing ecosystem strength.