Investor Presentaiton
9M 2020 Reconciliation From Management Key Metrics To IFRS
€m
Management View
Adjusted P&L
Deferred
Revenue
D&A
Other non-IFRS
Adjustments
Billings / Revenue
332.1
2.5
Accounting View
IFRS P&L
334.6
Cost Of Sales
(26.3)/(7.9% of Billings)
(19.9)
(0.4)
Gross Profit Contribution
305.8/(92.1% of Billings)
Sales
(41.5)/(12.5% of Billings)
(3.6)
(7.5)
(46.6)/(13.9% of Revenue)
288.0/(86.1% of Revenue)
(52.6)/ (15.7% of Revenue)
Marketing
(21.8)/(6.6% of Billings)
(1.0)
(4.4)
R&D
(24.2)/(7.3)% of Billings)
(3.7)
(3.4)
G&A
(19.0)/(5.7% of Billings)
(1.5)
(21.9)
Other¹
(10.1)/ (3.0% of Billings)
1.1
(27.2)/(8.1% of Revenue)
(31.2)/(9.3% of Revenue)
(42.3)/ (12.7% of Revenue)
(9.0)/(2.7% of Revenue)
Adj. EBITDA
D&A (ordinary only)2
189.3 (57.0% of Billings)
(11.6)2
Adj. EBIT/Operating profit (EBIT)
177.7 / (53.5% of Billings)
2.5
(18.0) 3
(36.5)
125.7 / (37.6% of Revenue)
D&A (total)
EBITDA
1) incl. other income/expenses and bad debt expenses of €10.8m
2)
D&A excl. amortization intangible assets from PPA
3) Amortization intangible assets from PPA
20
Q3 2020 Investor Presentation
29.6
155.3/ (46.4% of Revenue)
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