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©2014 TexturaCorporation 
Textura Corporation –Quarter Ended September 30, 2014 
Image: Hudson Yards Redevelopment, New York, NY – a project managed using Textura Construction Collaboration Solutions
2 
©2014 TexturaCorporation 
Safe Harbor 
This presentation includes forward-looking statements, including statements regarding Textura's future financial performance, market growth, total addressable market, demand for Textura's solutions, and general business conditions. Any forward looking statements contained in this presentation are based upon Textura's historical performance and its current expectations and projections about future events and financial trends affecting the financial condition of its business. These forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements are based on information available to Textura as of November 5, 2014,and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to, trends in the global and domestic economy and the commercial construction industry; our ability to effectively manage our growth; our ability to develop the market for our solutions; competition with our business; abnormal severe winter weather conditions; our dependence on a limited number of client relationships for a significant portion of our revenues; our dependence on a single software solution for a substantial portion of our revenues; the length of the selling cycle to secure new enterprise relationships for our CPM solution, which requires significant investment of resources; our ability to cross-sell our solutions; the continued growth of the market for on- demand software solutions; our ability to develop and bring to market new solutions in a timely manner; our success in expanding our international business and entering new industries; and the availability of suitable acquisitions or partners and our ability to achieve expected benefits from such acquisitions or partnerships, including our acquisition of Latistain December 2013. Forward-looking statements speak only as of November 5, 2014 and we assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Further information on potential factors that could affect actual results is included under the heading “Risk Factors” in our Annual Report on Form 10-K filed on November 26, 2013 and our other reports filed with the SEC. 
This presentation should be read in conjunction with Textura’sSeptember 2014 Earnings Release on the Company’s Investor Relations website at investors.texturacorp.com. 
In addition to U.S. GAAP financial information, this presentation includes certain non-GAAP financial measures. These historical and forward-looking non-GAAP measures are in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP measures is included in Textura’sSeptember 2014 Earnings Release on the Company’s Investor Relations website at investors.texturacorp.com, and at the end of this presentation.
3 
©2014 TexturaCorporation 
Introduction and Review of Key Highlights 
Image: Hudson Yards Redevelopment, New York, NY – a project managed using Textura Construction Collaboration Solutions 
Patrick Allin 
Chairman, CEO, Co-founder
©2014 Textura Corporation 4 
Current Business Processes – Complex, Error Prone, Inefficient 
Banks / Insurers 
Title Company 
Owner / Developer 
Sub-contractors 
Engineers 
Architects 
General 
Contractors 
Suppliers 
Architects 
Financing 
Companies 
Insurance 
Companies 
Owner/ 
Developer 
GC 
Prime Sub Prime Sub 
Sub 
Material 
Supplier 
Sub Sub Sub 
Sub-tier Sub-tier 
Sub-tier 
Etc. 
. . . 
Material 
Supplier 
Material 
Supplier 
. . . 
Sub . . . 
Prime Sub . . . 
Title 
Companies 
Engineers . . . 
Design 
Pre-qualification 
Bid Contracting Construction Close-out
5 
©2014 TexturaCorporation 
Textura Solutions –Addressing the Project Lifecycle 
Design 
Pre- qualification 
Bid 
Contracting 
Construction 
Close-out 
CPM 
PlanSwift 
SubmittalExchange 
GradeBeam 
PQM 
SubmittalExchange 
Latista 
BidOrganizer
6 
©2014 TexturaCorporation 
Approx. $28 billion of Total Addressable Market 
Market 
Expansion 
Monetization 
Total Addressable Market 
Target 
Global 
Markets 
~$4.8t 
Markets 
Currently 
Served 
~$1.3t 
Current 
Solutions 
~30 bps 
Total 
FutureAddressable 
Market 
~$28.0b 
Current 
Markets 
and 
Solutions 
~$4.4b 
Expanded 
Platform 
~50 bps 
Key Strategies: 
•North America market penetration 
•Global expansion to Asia and Western Europe 
Key Strategies: 
•Cross-sell solutions 
•Strategic acquisitions 
•Solution expansion 
•Solutions to platform 
•Pricing 
Result: 
•Potential for very high long-term revenue growth rates 
Expanded 
Platform 
~55-60 bps 
Current 
Solutions 
~34 bps 
Mobile 
+~5–10 bps 
Mobile 
+~4 bps 
~$3.9b 
Mobile 
+~$0.5b 
~$24.0b 
~$4.0b
©2014 Textura Corporation 7 
Multiple Long-term Growth Opportunities 
Market 
penetration 
Cross-sell 
solutions 
Global 
expansion 
Related 
markets 
Strategic 
acquisitions 
New 
products 
Future 
US, Canada, 
Australia 
Western 
Europe, 
Developed 
Asia 
Mining 
Oil and Gas 
Data 
Financing 
Price 
• Approx. 10% 
penetration 
• 7 primary 
solutions 
• Few multi-product 
clients 
• Bundled 
sales/ 
pricing 
• Platform 
strategy 
• Project 
lifecycle 
from design 
to operation 
• Integrated 
solution 
suite 
Submittal 
Exchange 
GradeBeam 
PlanSwift 
CPM 
Submittal PlanSwift 
Exchange 
GradeBeam 
PQM 
BidOrganizer 
Latista
8 
©2014 TexturaCorporation 
Recent Highlights –Continuing to Execute our Strategy 
•Year-over-year revenue growth of 51% 
•Organic revenue growth of 43% 
•Approximately $155 billion in construction value active on our solutions 
Pricing Power 
Strong Quarterly Results 
Operating 
Leverage 
Growth Strategy 
•Improving gross margins, EPS and cash flow trajectory 
•Adjusted gross margins from 81% in prior quarter to 82% 
•Adjusted EPS loss improved from $0.12 in prior quarter to $0.07 
•Positive operating cash flow in the quarter and year-to-date periods 
•Increased functionality and expanding market of existing solutions 
•Continued integration of solutions and progress towards platform 
•Opened first TexturaEurope office near London 
•Implemented CPM price increase for sub usage fees 
•Effective on all new projects after February 1 
•Expected to add 2 to 3 basis points of revenue on subcontracted contract value
9 
©2014 TexturaCorporation 
Quarter Ended September 30, 2014 
Financial Overview 
Image: Denver International Airport South Terminal Redevelopment, Denver, CO 
–a project managed using Textura Construction Collaboration Solutions 
Jillian Sheehan 
EVP and CFO
10 
©2014 TexturaCorporation 
Quarter Ended September 30, 2014 Highlights 
•51% year-over-year revenue growth 
•Organic revenue growth of 43% 
Balance Sheet 
Adjusted EPS 
Strong Revenue Growth 
Expense Trends 
Adjusted EBITDA 
•14% Adjusted operating expense growth 
•Continuing to see leverage in business model 
•Continuing to invest in the development of our solution suite 
•$1.0 mm Adjusted EBITDA loss vs. $2.2 mm loss in prior quarter 
•Focus on supporting growth and strategic initiatives 
•Loss narrowing as a percent of revenue 
•$0.07 Adjusted EPS loss vs. $0.12 loss in prior quarter 
•Adjusted net loss of $1.8 million vs. $3.0 million in June 2014 quarter 
•Weighted-average share count increased to 25.4 million 
•$66.0 million cash position at September 30, 2014 
•Ample liquidity to fund our growth initiatives
11 
©2014 TexturaCorporation 
Consistently High Growth Rates 
$12.9 
$24.0 
$40.8 
CY11 
CY12 
CY13 
87% 
86% 
70% 
Year-over-year change 
51% 
65% 
65% 
72% 
77% 
61% 
60% 
51% 
Year-over-year change 
45% 
46% 
38% 
45% 
50% 
46% 
52% 
43% 
77% 
69% 
69% 
Organic growth 
Organic growth 
$6.8 
$8.5 
$9.4 
$10.9 
$12.0 
$13.8 
$15.0 
$16.4 
Dec 12 
Mar 13 
Jun 13 
Sep 13 
Dec 13 
Mar 14 
Jun 14 
Sep 14
12 
©2014 TexturaCorporation 
Strong Operating Metrics 
Projects Added 
Client Reported Construction Value Added 
Active Projects 
$7.3 
$10.6 
$13.6 
$23.7 
$17.9 
$19.5 
$17.7 
$18.2 
Dec 12 
Mar 13 
Jun 13 
Sep 13 
Dec 13 
Mar 14 
Jun 14 
Sep 14 
5,046 
5,263 
5,701 
6,225 
6,580 
7,052 
7,578 
8,030 
Dec 12 
Mar 13 
Jun 13 
Sep 13 
Dec 13 
Mar 14 
Jun 14 
Sep 14 
1,048 
1,245 
1,467 
1,511 
1,466 
1,712 
1,729 
1,792 
Dec 12 
Mar 13 
Jun 13 
Sep 13 
Dec 13 
Mar 14 
Jun 14 
Sep 14
13 
©2014 TexturaCorporation 
Revenue Model –Broad Base of Paying Customers 
•Revenue from multiple participants 
•Fees are invoiced and collected in advance 
•CPM -highly sticky, recurring, and visible 
CPM 
PlanSwift 
SubmittalExchange 
GradeBeam 
PQM 
Activity-driven 
•Owners/GCs 
•Subscription fees based on project activity – total number of projects/construction value 
•Subcontractors 
•Contract usage fee –varies by value of contract and subject to minimum and maximum fees 
Organization-driven 
•Primarily organization annual subscription fees 
•Fees based on: 
•Construction volume, number of offices/subcontractors 
BidOrganizer 
Latista
14 
©2014 TexturaCorporation 
2014 Guidance 
•45 –48% year-over-year revenue growth 
•$17.4 –$17.8 million 
•Adjusted EPS of ($0.02) –($0.04) 
•Excludes stock based comp of $2.0 million & amortization of acquired intangible assets of $1.1 million 
•Assumes ~25.5 million shares 
Quarter Ended December 31, 2014 
Year Ended December 31, 
2014 
•53 -54% year-over-year revenue growth 
•$62.5 –$62.9 million 
•Adjusted EPS of ($0.37) –($0.39) 
•Excludes stock based comp of $8.5 million & amortization of acquired intangible assets of $5.0 million 
•Assumes ~25.2 million shares
15 
©2014 TexturaCorporation 
Long-term Operating Model Yields Highly Attractive Margins 
CY2013 
March2014 
Quarter 
June 
2014 
Quarter 
September 2014Quarter 
CY2014 
Guidance 
Target Future Model 
(2 to 3 yrs.) 
Revenue 
$40.8 
Million 
$13.8 
million 
$15.0 
million 
$16.4 
million 
$62.5 -$62.9 
million 
$150 –180 million 
Adjusted operatingexpenses* as % of revenue: 
Cost of servicesGeneral and administrative 
Sales and marketingTechnology and development 
Total adjusted operating expenses* 
22% 
44% 
30% 41% 
137% 
20% 
35% 33% 
37% 
124% 
19% 
36% 29% 
30% 
115% 
18% 
31% 
29% 
28% 
106% 
10% -13% 
13%-15% 17% -20% 15% -17% 
55% -65% 
Adjusted grossmargin* 
78% 
80% 
81% 
82% 
87% -90% 
Adjusted EBITDAmargin 
(37)% 
(24)% 
(15)% 
(6%) 
(15) -(16)% 
35% -45% 
* See the reconciliation of these non-GAAP measures to the most comparable GAAP measures in the tables included at the end of this presentation.
16 
©2014 TexturaCorporation 
Image: World Trade Center Transportation Hub, New York, NY – a project managed using Textura Construction Collaboration Solutions 
Questions . . . and Thank You
17 
©2014 TexturaCorporation 
Appendix 
Reconciliation of non-GAAP measures 
to the most comparable GAAP measures
18 
©2014 TexturaCorporation 
Quarter Ended March 31, 2014 
GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues13,787$ -$ -$ 13,787$ 100% Operating expensesCost of services2,882 152 - 2,730 20% General and administrative6,055 1,191 74 4,790 35% Sales and marketing4,843 312 - 4,531 33% Technology and development5,356 281 - 5,075 37% Depreciation and amortization1,886 1,282 - 604 4% Total operating expenses21,022 3,218 74 17,730 129% Total operating expenses, excluding depreciation and amortization19,136 1,936 74 17,126 124% Loss from operations(7,235) (3,218) (74) (3,943) Total other expense, net(25) - - (25) Loss before income taxes(7,260) (3,218) (74) (3,968) Income tax provision80 - - 80 Net loss(7,340)$ (3,218)$ (74)$ (4,048)$ Gross profit10,905$ 11,057$ Gross margin79%80% Adjusted EBITDA **(3,339)$ Adjusted EBITDA Margin(24%) * Other non-recurring expenses represent acquisition-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
19 
©2014 TexturaCorporation 
Quarter Ended June 30, 2014 
GAAPShare-Based Compensation and Amortization of Intangible AssetsAs Adjusted% of RevenueRevenues14,965$ -$ 14,965$ 100% Operating expensesCost of services3,028 156 2,872 19% General and administrative6,473 1,049 5,424 36% Sales and marketing4,663 324 4,339 29% Technology and development4,819 301 4,518 30% Depreciation and amortization1,962 1,282 680 5% Total operating expenses20,945 3,112 17,833 119% Total operating expenses, excluding depreciation and amortization18,983 1,830 17,153 115% Loss from operations(5,980) (3,112) (2,868) Total other expense, net(8) - (8) Loss before income taxes(5,988) (3,112) (2,876) Income tax provision80 - 80 Net loss(6,068)$ (3,112)$ (2,956)$ Gross profit11,937$ 12,093$ Gross margin80%81% Adjusted EBITDA *(2,188)$ Adjusted EBITDA Margin(15%) * Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
20 
©2014 TexturaCorporation 
Quarter Ended September 30, 2014 
GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues16,354$ -$ -$ 16,354$ 100% Operating expensesCost of services3,335 90 344 2,901 18% General and administrative6,232 1,049 120 5,063 31% Sales and marketing5,869 586 592 4,691 29% Technology and development6,366 913 802 4,651 28% Depreciation and amortization1,990 1,282 - 708 4% Total operating expenses23,792 3,920 1,858 18,014 110% Total operating expenses, excluding depreciation and amortization21,802 2,638 1,858 17,306 106% Loss from operations(7,438) (3,920) (1,858) (1,660) Total other expense, net(22) - - (22) Loss before income taxes(7,460) (3,920) (1,858) (1,682) Income tax provision80 - - 80 Net loss(7,540)$ (3,920)$ (1,858)$ (1,762)$ Gross profit13,019$ 13,453$ Gross margin80%82% Adjusted EBITDA **(952)$ Adjusted EBITDA Margin(6%) * Other non-recurring expenses include severance expense and acquisition-related and other expenses. Acquisition-relatedand other expenses represent acquisition, strategic transaction and certain tax-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
21 
©2014 TexturaCorporation 
Year Ended December 31, 2013 
GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues40,766$ -$ -$ 40,766$ 100% Operating expensesCost of services12,808 2,198 1,446 9,164 22% General and administrative25,152 5,700 1,501 17,951 44% Sales and marketing15,153 2,789 308 12,056 30% Technology and development20,820 2,863 1,288 16,669 41% Depreciation and amortization5,325 3,397 - 1,928 5% Total operating expenses79,258 16,947 4,543 57,768 142% Total operating expenses, excluding depreciation and amortization73,933 13,550 4,543 55,840 137% Loss from operations(38,492) (16,947) (4,543) (17,002) Total other expense, net(2,530) - - (2,530) Loss before income taxes(41,022) (16,947) (4,543) (19,532) Income tax provision(767) (1,086) 319 Net loss(40,255)$ (16,947)$ (3,457)$ (19,851)$ Gross profit27,958$ 31,602$ Gross margin69%78% Adjusted EBITDA **(14,923)$ Adjusted EBITDA Margin(37%) * Other non-recurring expenses include offering-related expense and acquisition-related and other expenses. Acquisition-relatedand other expenses represent acquisition, strategic transaction and certain tax-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization and excludingchange in fair value of conversion option liability. (dollars in thousands)
22 
©2014 TexturaCorporation 
Quarter Ended September 30, 2013 
GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues10,853$ -$ -$ 10,853$ 100% Operating expensesCost of services3,532 160 550 2,822 26% General and administrative6,405 922 301 5,182 48% Sales and marketing3,172 142 3,030 28% Technology and development4,445 176 4,269 39% Depreciation and amortization1,358 840 518 5% Total operating expenses18,912 2,240 851 15,821 146% Total operating expenses, excluding depreciation and amortization17,554 1,400 851 15,303 141% Loss from operations(8,059) (2,240) (851) (4,968) Total other expense, net(194) - - (194) Loss before income taxes(8,253) (2,240) (851) (5,162) Income tax provision68 - - 68 Net loss(8,321)$ (2,240)$ (851)$ (5,230)$ Gross profit7,321$ 8,031$ Gross margin67%74% Adjusted EBITDA **(4,450)$ Adjusted EBITDA Margin(41%) * Other non-recurring expenses include offering-related expense and acquisition-related and other expenses. Acquisition-relatedand other expenses represent acquisition, strategic transaction and certain tax-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
23 
©2014 TexturaCorporation 
Adjusted EPS 
September 30, 2014June 30, 2014Net loss per share(0.30)$ (0.24)$ Share-based compensation expense0.10 0.07 Amortization of intangible assets0.05 0.05 Severance expense0.06 - Acquisition-related and other expenses *0.02 - Adjusted EPS(0.07)$ (0.12)$ * Acquisition-related and other expenses represent acquisition, strategic transaction and certain tax-related costs. Three Months Ended
24 
©2014 TexturaCorporation 
Guidance 
High EndLow EndHigh EndLow EndNet loss per share(0.14)$ (0.16)$ (0.98)$ (1.00)$ Accretion of redeemable non-controlling interest- - 0.01 0.01 Share-based compensation expense0.08 0.08 0.33 0.33 Amortization of intangible assets0.04 0.04 0.19 0.19 Acquisition-related and other expenses*- - 0.02 0.02 Severance expense- - 0.06 0.06 Adjusted EPS(0.02)$ (0.04)$ (0.37)$ (0.39)$ * Acquisition-related and other expenses represent acquisition, strategic transaction and certain tax-related costs. Three Months Ended December 31, 2014Twelve Months Ended December 31, 2014

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Textura q3 14 earnings release 11 4 2014 final

  • 1. 1 ©2014 TexturaCorporation Textura Corporation –Quarter Ended September 30, 2014 Image: Hudson Yards Redevelopment, New York, NY – a project managed using Textura Construction Collaboration Solutions
  • 2. 2 ©2014 TexturaCorporation Safe Harbor This presentation includes forward-looking statements, including statements regarding Textura's future financial performance, market growth, total addressable market, demand for Textura's solutions, and general business conditions. Any forward looking statements contained in this presentation are based upon Textura's historical performance and its current expectations and projections about future events and financial trends affecting the financial condition of its business. These forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. These forward-looking statements are based on information available to Textura as of November 5, 2014,and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to, trends in the global and domestic economy and the commercial construction industry; our ability to effectively manage our growth; our ability to develop the market for our solutions; competition with our business; abnormal severe winter weather conditions; our dependence on a limited number of client relationships for a significant portion of our revenues; our dependence on a single software solution for a substantial portion of our revenues; the length of the selling cycle to secure new enterprise relationships for our CPM solution, which requires significant investment of resources; our ability to cross-sell our solutions; the continued growth of the market for on- demand software solutions; our ability to develop and bring to market new solutions in a timely manner; our success in expanding our international business and entering new industries; and the availability of suitable acquisitions or partners and our ability to achieve expected benefits from such acquisitions or partnerships, including our acquisition of Latistain December 2013. Forward-looking statements speak only as of November 5, 2014 and we assume no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Further information on potential factors that could affect actual results is included under the heading “Risk Factors” in our Annual Report on Form 10-K filed on November 26, 2013 and our other reports filed with the SEC. This presentation should be read in conjunction with Textura’sSeptember 2014 Earnings Release on the Company’s Investor Relations website at investors.texturacorp.com. In addition to U.S. GAAP financial information, this presentation includes certain non-GAAP financial measures. These historical and forward-looking non-GAAP measures are in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. A reconciliation between GAAP and non-GAAP measures is included in Textura’sSeptember 2014 Earnings Release on the Company’s Investor Relations website at investors.texturacorp.com, and at the end of this presentation.
  • 3. 3 ©2014 TexturaCorporation Introduction and Review of Key Highlights Image: Hudson Yards Redevelopment, New York, NY – a project managed using Textura Construction Collaboration Solutions Patrick Allin Chairman, CEO, Co-founder
  • 4. ©2014 Textura Corporation 4 Current Business Processes – Complex, Error Prone, Inefficient Banks / Insurers Title Company Owner / Developer Sub-contractors Engineers Architects General Contractors Suppliers Architects Financing Companies Insurance Companies Owner/ Developer GC Prime Sub Prime Sub Sub Material Supplier Sub Sub Sub Sub-tier Sub-tier Sub-tier Etc. . . . Material Supplier Material Supplier . . . Sub . . . Prime Sub . . . Title Companies Engineers . . . Design Pre-qualification Bid Contracting Construction Close-out
  • 5. 5 ©2014 TexturaCorporation Textura Solutions –Addressing the Project Lifecycle Design Pre- qualification Bid Contracting Construction Close-out CPM PlanSwift SubmittalExchange GradeBeam PQM SubmittalExchange Latista BidOrganizer
  • 6. 6 ©2014 TexturaCorporation Approx. $28 billion of Total Addressable Market Market Expansion Monetization Total Addressable Market Target Global Markets ~$4.8t Markets Currently Served ~$1.3t Current Solutions ~30 bps Total FutureAddressable Market ~$28.0b Current Markets and Solutions ~$4.4b Expanded Platform ~50 bps Key Strategies: •North America market penetration •Global expansion to Asia and Western Europe Key Strategies: •Cross-sell solutions •Strategic acquisitions •Solution expansion •Solutions to platform •Pricing Result: •Potential for very high long-term revenue growth rates Expanded Platform ~55-60 bps Current Solutions ~34 bps Mobile +~5–10 bps Mobile +~4 bps ~$3.9b Mobile +~$0.5b ~$24.0b ~$4.0b
  • 7. ©2014 Textura Corporation 7 Multiple Long-term Growth Opportunities Market penetration Cross-sell solutions Global expansion Related markets Strategic acquisitions New products Future US, Canada, Australia Western Europe, Developed Asia Mining Oil and Gas Data Financing Price • Approx. 10% penetration • 7 primary solutions • Few multi-product clients • Bundled sales/ pricing • Platform strategy • Project lifecycle from design to operation • Integrated solution suite Submittal Exchange GradeBeam PlanSwift CPM Submittal PlanSwift Exchange GradeBeam PQM BidOrganizer Latista
  • 8. 8 ©2014 TexturaCorporation Recent Highlights –Continuing to Execute our Strategy •Year-over-year revenue growth of 51% •Organic revenue growth of 43% •Approximately $155 billion in construction value active on our solutions Pricing Power Strong Quarterly Results Operating Leverage Growth Strategy •Improving gross margins, EPS and cash flow trajectory •Adjusted gross margins from 81% in prior quarter to 82% •Adjusted EPS loss improved from $0.12 in prior quarter to $0.07 •Positive operating cash flow in the quarter and year-to-date periods •Increased functionality and expanding market of existing solutions •Continued integration of solutions and progress towards platform •Opened first TexturaEurope office near London •Implemented CPM price increase for sub usage fees •Effective on all new projects after February 1 •Expected to add 2 to 3 basis points of revenue on subcontracted contract value
  • 9. 9 ©2014 TexturaCorporation Quarter Ended September 30, 2014 Financial Overview Image: Denver International Airport South Terminal Redevelopment, Denver, CO –a project managed using Textura Construction Collaboration Solutions Jillian Sheehan EVP and CFO
  • 10. 10 ©2014 TexturaCorporation Quarter Ended September 30, 2014 Highlights •51% year-over-year revenue growth •Organic revenue growth of 43% Balance Sheet Adjusted EPS Strong Revenue Growth Expense Trends Adjusted EBITDA •14% Adjusted operating expense growth •Continuing to see leverage in business model •Continuing to invest in the development of our solution suite •$1.0 mm Adjusted EBITDA loss vs. $2.2 mm loss in prior quarter •Focus on supporting growth and strategic initiatives •Loss narrowing as a percent of revenue •$0.07 Adjusted EPS loss vs. $0.12 loss in prior quarter •Adjusted net loss of $1.8 million vs. $3.0 million in June 2014 quarter •Weighted-average share count increased to 25.4 million •$66.0 million cash position at September 30, 2014 •Ample liquidity to fund our growth initiatives
  • 11. 11 ©2014 TexturaCorporation Consistently High Growth Rates $12.9 $24.0 $40.8 CY11 CY12 CY13 87% 86% 70% Year-over-year change 51% 65% 65% 72% 77% 61% 60% 51% Year-over-year change 45% 46% 38% 45% 50% 46% 52% 43% 77% 69% 69% Organic growth Organic growth $6.8 $8.5 $9.4 $10.9 $12.0 $13.8 $15.0 $16.4 Dec 12 Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep 14
  • 12. 12 ©2014 TexturaCorporation Strong Operating Metrics Projects Added Client Reported Construction Value Added Active Projects $7.3 $10.6 $13.6 $23.7 $17.9 $19.5 $17.7 $18.2 Dec 12 Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep 14 5,046 5,263 5,701 6,225 6,580 7,052 7,578 8,030 Dec 12 Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep 14 1,048 1,245 1,467 1,511 1,466 1,712 1,729 1,792 Dec 12 Mar 13 Jun 13 Sep 13 Dec 13 Mar 14 Jun 14 Sep 14
  • 13. 13 ©2014 TexturaCorporation Revenue Model –Broad Base of Paying Customers •Revenue from multiple participants •Fees are invoiced and collected in advance •CPM -highly sticky, recurring, and visible CPM PlanSwift SubmittalExchange GradeBeam PQM Activity-driven •Owners/GCs •Subscription fees based on project activity – total number of projects/construction value •Subcontractors •Contract usage fee –varies by value of contract and subject to minimum and maximum fees Organization-driven •Primarily organization annual subscription fees •Fees based on: •Construction volume, number of offices/subcontractors BidOrganizer Latista
  • 14. 14 ©2014 TexturaCorporation 2014 Guidance •45 –48% year-over-year revenue growth •$17.4 –$17.8 million •Adjusted EPS of ($0.02) –($0.04) •Excludes stock based comp of $2.0 million & amortization of acquired intangible assets of $1.1 million •Assumes ~25.5 million shares Quarter Ended December 31, 2014 Year Ended December 31, 2014 •53 -54% year-over-year revenue growth •$62.5 –$62.9 million •Adjusted EPS of ($0.37) –($0.39) •Excludes stock based comp of $8.5 million & amortization of acquired intangible assets of $5.0 million •Assumes ~25.2 million shares
  • 15. 15 ©2014 TexturaCorporation Long-term Operating Model Yields Highly Attractive Margins CY2013 March2014 Quarter June 2014 Quarter September 2014Quarter CY2014 Guidance Target Future Model (2 to 3 yrs.) Revenue $40.8 Million $13.8 million $15.0 million $16.4 million $62.5 -$62.9 million $150 –180 million Adjusted operatingexpenses* as % of revenue: Cost of servicesGeneral and administrative Sales and marketingTechnology and development Total adjusted operating expenses* 22% 44% 30% 41% 137% 20% 35% 33% 37% 124% 19% 36% 29% 30% 115% 18% 31% 29% 28% 106% 10% -13% 13%-15% 17% -20% 15% -17% 55% -65% Adjusted grossmargin* 78% 80% 81% 82% 87% -90% Adjusted EBITDAmargin (37)% (24)% (15)% (6%) (15) -(16)% 35% -45% * See the reconciliation of these non-GAAP measures to the most comparable GAAP measures in the tables included at the end of this presentation.
  • 16. 16 ©2014 TexturaCorporation Image: World Trade Center Transportation Hub, New York, NY – a project managed using Textura Construction Collaboration Solutions Questions . . . and Thank You
  • 17. 17 ©2014 TexturaCorporation Appendix Reconciliation of non-GAAP measures to the most comparable GAAP measures
  • 18. 18 ©2014 TexturaCorporation Quarter Ended March 31, 2014 GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues13,787$ -$ -$ 13,787$ 100% Operating expensesCost of services2,882 152 - 2,730 20% General and administrative6,055 1,191 74 4,790 35% Sales and marketing4,843 312 - 4,531 33% Technology and development5,356 281 - 5,075 37% Depreciation and amortization1,886 1,282 - 604 4% Total operating expenses21,022 3,218 74 17,730 129% Total operating expenses, excluding depreciation and amortization19,136 1,936 74 17,126 124% Loss from operations(7,235) (3,218) (74) (3,943) Total other expense, net(25) - - (25) Loss before income taxes(7,260) (3,218) (74) (3,968) Income tax provision80 - - 80 Net loss(7,340)$ (3,218)$ (74)$ (4,048)$ Gross profit10,905$ 11,057$ Gross margin79%80% Adjusted EBITDA **(3,339)$ Adjusted EBITDA Margin(24%) * Other non-recurring expenses represent acquisition-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
  • 19. 19 ©2014 TexturaCorporation Quarter Ended June 30, 2014 GAAPShare-Based Compensation and Amortization of Intangible AssetsAs Adjusted% of RevenueRevenues14,965$ -$ 14,965$ 100% Operating expensesCost of services3,028 156 2,872 19% General and administrative6,473 1,049 5,424 36% Sales and marketing4,663 324 4,339 29% Technology and development4,819 301 4,518 30% Depreciation and amortization1,962 1,282 680 5% Total operating expenses20,945 3,112 17,833 119% Total operating expenses, excluding depreciation and amortization18,983 1,830 17,153 115% Loss from operations(5,980) (3,112) (2,868) Total other expense, net(8) - (8) Loss before income taxes(5,988) (3,112) (2,876) Income tax provision80 - 80 Net loss(6,068)$ (3,112)$ (2,956)$ Gross profit11,937$ 12,093$ Gross margin80%81% Adjusted EBITDA *(2,188)$ Adjusted EBITDA Margin(15%) * Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
  • 20. 20 ©2014 TexturaCorporation Quarter Ended September 30, 2014 GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues16,354$ -$ -$ 16,354$ 100% Operating expensesCost of services3,335 90 344 2,901 18% General and administrative6,232 1,049 120 5,063 31% Sales and marketing5,869 586 592 4,691 29% Technology and development6,366 913 802 4,651 28% Depreciation and amortization1,990 1,282 - 708 4% Total operating expenses23,792 3,920 1,858 18,014 110% Total operating expenses, excluding depreciation and amortization21,802 2,638 1,858 17,306 106% Loss from operations(7,438) (3,920) (1,858) (1,660) Total other expense, net(22) - - (22) Loss before income taxes(7,460) (3,920) (1,858) (1,682) Income tax provision80 - - 80 Net loss(7,540)$ (3,920)$ (1,858)$ (1,762)$ Gross profit13,019$ 13,453$ Gross margin80%82% Adjusted EBITDA **(952)$ Adjusted EBITDA Margin(6%) * Other non-recurring expenses include severance expense and acquisition-related and other expenses. Acquisition-relatedand other expenses represent acquisition, strategic transaction and certain tax-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
  • 21. 21 ©2014 TexturaCorporation Year Ended December 31, 2013 GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues40,766$ -$ -$ 40,766$ 100% Operating expensesCost of services12,808 2,198 1,446 9,164 22% General and administrative25,152 5,700 1,501 17,951 44% Sales and marketing15,153 2,789 308 12,056 30% Technology and development20,820 2,863 1,288 16,669 41% Depreciation and amortization5,325 3,397 - 1,928 5% Total operating expenses79,258 16,947 4,543 57,768 142% Total operating expenses, excluding depreciation and amortization73,933 13,550 4,543 55,840 137% Loss from operations(38,492) (16,947) (4,543) (17,002) Total other expense, net(2,530) - - (2,530) Loss before income taxes(41,022) (16,947) (4,543) (19,532) Income tax provision(767) (1,086) 319 Net loss(40,255)$ (16,947)$ (3,457)$ (19,851)$ Gross profit27,958$ 31,602$ Gross margin69%78% Adjusted EBITDA **(14,923)$ Adjusted EBITDA Margin(37%) * Other non-recurring expenses include offering-related expense and acquisition-related and other expenses. Acquisition-relatedand other expenses represent acquisition, strategic transaction and certain tax-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization and excludingchange in fair value of conversion option liability. (dollars in thousands)
  • 22. 22 ©2014 TexturaCorporation Quarter Ended September 30, 2013 GAAPShare-Based Compensation and Amortization of Intangible AssetsOther Non- Recurring Expenses *As Adjusted% of RevenueRevenues10,853$ -$ -$ 10,853$ 100% Operating expensesCost of services3,532 160 550 2,822 26% General and administrative6,405 922 301 5,182 48% Sales and marketing3,172 142 3,030 28% Technology and development4,445 176 4,269 39% Depreciation and amortization1,358 840 518 5% Total operating expenses18,912 2,240 851 15,821 146% Total operating expenses, excluding depreciation and amortization17,554 1,400 851 15,303 141% Loss from operations(8,059) (2,240) (851) (4,968) Total other expense, net(194) - - (194) Loss before income taxes(8,253) (2,240) (851) (5,162) Income tax provision68 - - 68 Net loss(8,321)$ (2,240)$ (851)$ (5,230)$ Gross profit7,321$ 8,031$ Gross margin67%74% Adjusted EBITDA **(4,450)$ Adjusted EBITDA Margin(41%) * Other non-recurring expenses include offering-related expense and acquisition-related and other expenses. Acquisition-relatedand other expenses represent acquisition, strategic transaction and certain tax-related costs. ** Adjusted EBITDA represents revenue less adjusted operating expenses, excluding depreciation and amortization. (dollars in thousands)
  • 23. 23 ©2014 TexturaCorporation Adjusted EPS September 30, 2014June 30, 2014Net loss per share(0.30)$ (0.24)$ Share-based compensation expense0.10 0.07 Amortization of intangible assets0.05 0.05 Severance expense0.06 - Acquisition-related and other expenses *0.02 - Adjusted EPS(0.07)$ (0.12)$ * Acquisition-related and other expenses represent acquisition, strategic transaction and certain tax-related costs. Three Months Ended
  • 24. 24 ©2014 TexturaCorporation Guidance High EndLow EndHigh EndLow EndNet loss per share(0.14)$ (0.16)$ (0.98)$ (1.00)$ Accretion of redeemable non-controlling interest- - 0.01 0.01 Share-based compensation expense0.08 0.08 0.33 0.33 Amortization of intangible assets0.04 0.04 0.19 0.19 Acquisition-related and other expenses*- - 0.02 0.02 Severance expense- - 0.06 0.06 Adjusted EPS(0.02)$ (0.04)$ (0.37)$ (0.39)$ * Acquisition-related and other expenses represent acquisition, strategic transaction and certain tax-related costs. Three Months Ended December 31, 2014Twelve Months Ended December 31, 2014