2022 Olo Inc. All rights reserved. 18 Capital - Efficient Operating Model As of 3/31/2022. In millions, except percentages. * Operating Income represents a non - GAAP financial measure. Please see the explanation of non - GAAP measures as well as the non - GAAP reconciliation in the append ix. Unique Mix of High Revenue Growth and Profitability $(4.6) $(0.2) $21.8 $21.3 2018 2019 2020 2021 Operating Income* Operating Income* $6.0 $1.7 Q1 2021 Q1 2022