Sonos Results Presentation Deck
Reconciliation of Net Income (Loss) to Adjusted EBITDA
(unaudited, dollars in thousands)
Net income (loss)
Add (deduct):
Depreciation and amortization
Stock-based compensation expense
Interest income
Interest expense
Other (income) expense, net
Provision for (benefit from) income taxes
Restructuring and related charges
Legal and transaction related costs (1)
Adjusted EBITDA
Revenue
Adjusted EBITDA margin
(1)
Three Months Ended
October 3,
2020
$ 18,411
$ 8,733
$ 15,971
$ (43)
$ 300
$ (3,273)
$34
$125
$ 6,170
$ 46,428
$ 339,837
13.7 %
September 28,
2019
$ (29,600)
$9,012
$ 13,049
$ (1,416)
$ 584
$ 4,985
$615
$ (2,771)
$ 294,160
(0.9)%
Twelve Months Ended
October 3,
2020
$ (20,115)
$36,426
$ 57,610
$ (1,998)
$ 1,487
$ (6,639)
$32
$ 26,285
$ 15,455
$ 108,543
$1,326,328
8.2 %
Legal and transaction related costs consist of expenses related to our intellectual property ("IP") litigation against Alphabet Inc. and
Google LLC as well as legal and transaction costs associated with our recent acquisition activity, which we do not consider
representative of our underlying operating performance.
September 28,
2019
$ (4,766)
$36,415
$46,575
$ (4,349)
$ 2,499
$8,625
$ 3,690
$ 88,689
$1,260,823
7.0 %View entire presentation