Inovalon Results Presentation Deck
FY 2019 Adjusting for Non-Comparable G&A
General and administrative expenses increased $55.1M in 2018 as compared to 2017. The increase was driven by $23.3M in non-comparable
items that do not otherwise relate to Inovalon's ongoing performance and $30.4M in acquired G&A associated with ABILITY Network and CCS.
Normalized G&A for FY2018 was $181.7M, reflecting a YoY increase of only 21.2% in the setting of a YoY revenue increase of 17.4%. The
transition to improved G&A efficiency witnessed during the 2H 2018 contributes to the expected operating leverage expansion in 2019.
$23.3 Million in Non-Comparable or One-Time Expenses
$149.9
2017
Actual
$1.4
Employee-Related
Expenses &
Professional Fees
$30.4
Acquired
G&A
$12.5
INOV Q4 & FY 2018 Earnings Supplement (2.20.19) v1.0.0
Change in
Acquisition-Related
Contingent
Consideration
Normalized G&A excludes the impact from fair value contingent consideration accretion measurement. All numbers in milione, subject to rounding.
$10.8
Other
Non-Comparable
Items
$205.0
2018
Actual
($23.3)
Non-Comparable
Or
One-Time
Expenses
Inclusive of ABILITY
$181.7
Normalized
2018
Expense
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