Turtle Beach (HEAR) - 2023 Q4 - Earnings Call Presentation

~18.9M – 19.1M Shares Outstanding, Predicated on Execution Price $80M Total Debt ($30M drawn on ABL, $50M of a new Term Loan)$6.5M Cash on Balance Sheet $390M –$410M NTM Net Revenue $60M –$65M NTM Adjusted EBITDA 1.2x Net Debt / NTM Adjusted EBITDA at close, assuming full exhaustion of the $30M Tender 28 ILLUSTRATIVE PRO FORMA MERGED COMPANY VALUATION EV / NTM Estimated EBITDA Multiples of Publicly Traded Gaming Peers Relative to Turtle Beach 18.9x 'CY23 – CY24E Revenue Growth1: NTM Est. EBITDA Margin1: ...