Q3 2022 Earnings Presentation
Non-GAAP Reconciliation
Net Debt, Leverage and Total Investment Reconciliations
Figures in US $k
As of September 30,
2021
2022
Short Term Debt and Current Portion of Long Term Debt
13,047
434
Long Term Debt
189,408
168,255
Corporate Bond
Gross Debt
202,455
168,689
Cash at the end of the period
Net Debt
LTM Adjusted EBITDA
Net Debt / LTM Adjusted EBITDA
86,521
84,434
115,934
84,255
133,824
220,600
0.87x
0.38x
Notes:
1. Total Investment and Free Cash Flow are not financial measures under generally accepted accounting principles ("GAAP"). Management believes this measurements are useful to investors to evaluate
the Company's performance. Total Investment includes Capex or cash acquisition of property and equipment, assets acquired under capital lease and assets acquired with debt. Free Cash flow is
calculated as cash (used in) provided by operating activities (-) Capex or cash acquisition of property and equipment. Free Cash Flow do not include assets acquired under capital lease or debt.
Investors should recognize Total Investment and Free Cash Flow might not be comparable to similarly-titled measures of other companies. These measures should be considered in addition to, and
not as a substitute for or superior to, any measure prepared in accordance with GAAP. Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is
not available without unreasonable effort, we have not provided reconciliations for forward-looking non-GAAP measures.
19View entire presentation