Fastly: Innovators Platform slide image

Fastly: Innovators Platform

($MM) GAAP to Non-GAAP Reconciliation (Cont'd) FY2017 FY2018 FY2019 Q1'2019 Q2'2019 Q3'2019 Q4'2019 Q1'2020 Q2'2020 GAAP net loss ($32.5) ($30.9) ($51.6) ($9.7) ($15.6) ($12.2) ($14.1) ($12.0) ($14.5) Stock-based compensation 2.8 4.1 12.1 1.5 2.2 3.8 4.6 6.3 16.3 Depreciation and amortization 9.6 13.4 16.6 3.7 3.9 4.1 4.9 4.7 4.7 Interest income (0.4) (0.9) (3.3) (0.4) (0.9) (1.2) (0.9) (0.7) (0.4) Interest expense 1.1 1.8 5.2 1.2 3.0 0.6 0.4 0.3 0.4 Other (income) expense, net 0.5 0.7 2.6 0.8 1.7 (0.1) 0.2 (0.4) 0.1 Income taxes 0.2 0.2 0.5 0.1 0.1 0.0 0.3 0.8 (0.0) Adjusted EBITDA ($18.6) ($11.7) ($17.9) ($2.9) ($5.6) ($4.9) ($4.6) ($0.9) $6.572 FY2017 FY2018 FY2019 Q1'2019 Q2'2019 Q3'2019 Q4'2019 Q1'2020 Q2'2020 Cash flow used in operations (25.9) (17.0) (31.3) (10.1) (5.6) (12.6) (3.1) (7.2) (8.8) Capital Expenditures (1) (13.2) (19.7) (19.5) (4.8) (4.4) (4.4) (5.8) (11.7) (3.1) Free Cash Flow ($39.1) ($36.6) ($50.8) ($14.9) ($10.0) ($17.0) ($8.9) ($18.8) ($11.9) (1) Capital expenditures are defined as cash used for purchases of property and equipment and capitalized internal-use software, as reflected in our statements of cash flows fastly. ©2020 Confidential 26
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