SoFi CEO Noto Sees Profitability By Q4 of 2023

The transcript discusses a company's financial achievements, including surpassing non-interest revenue expectations and achieving seven consecutive quarters of record revenue growth. The company projects continued growth into 2023, aiming for $1.9 to $2 billion in revenue and achieving GAAP profitability by Q4 2023. Additionally, the company reached a significant milestone with an EBITDA of $70 million, matching its stock-based compensation, marking progress towards profitability.

What milestone did the company achieve in terms of non-interest revenue?

• It remained the same as the previous quarter.

• It matched the interest revenue.

• It surpassed the non-interest revenue expectations.

• It fell short of the non-interest revenue expectations.

How many consecutive quarters of record revenue growth has the company experienced?

• Eight

• Five

• Six

• Seven

What is the expected year-over-year growth range for the company's revenue in 2023?

• 25% to 30%

• 20% to 25%

• 30% to 35%

• 10% to 15%

By when does the company aim to achieve GAAP profitability?

• First quarter of 2023

• Third quarter of 2023

• Fourth quarter of 2023

• Second quarter of 2023

What was the EBITDA achieved by the company in the recent quarter?

• $50 million

• $80 million

• $60 million

• $70 million