Docebo Investor Presentation Deck
Adjusted Net Income (Loss) is defined as net income (loss) excluding amortization of intangible assets, share-based compensation and related payroll taxes, acquisition
related compensation, transaction related expenses, foreign exchange loss (gain), and income tax (recovery) expense.
Adjusted Net Income (Loss) per share - basic and diluted is defined as Adjusted Net Income (Loss) divided by the weighted average number of common shares (basic
and diluted).
The IFRS measure most directly comparable to Adjusted Net Income (Loss) presented in our financial statements is net income (loss).
The following table reconciles net income (loss) to Adjusted Net Income (Loss) for the periods indicated:
(In thousands of US dollars)
Net income (loss) for the period
Amortization of intangible assets
Share-based compensation
Acquisition related compensation
Transaction related expenses
Foreign exchange loss (gain)
Income tax (recovery) expense related to adjustments(¹)
Adjusted net income (loss)
Weighted average number of common shares - basic
Weighted average number of common shares - diluted
Adjusted net income (loss) per share basic
Adjusted net income (loss) per share - diluted
(1) This line item reflects income tax expense on taxable adjustments using the tax rate of the applicable jurisdiction.
Three months ended March 31,
2023
$
1,245
85
1,267
256
254
102
18
3,227
33,153,231
34,159,651
0.10
0.09
2022
(6,959)
88
1,215
295
101
3,391
92
(1,777)
33,017,421
33,017,421
(0.05)
(0.05)
Fiscal year ended December 31,
2022
$
7,018
333
4,834
948
101
(11,112)
174
2,296
33,067,716
34,041,754
0.07
0.07
2021
$
(13,601)
373
2,261
408
319
473
24
(9,743)
32,867,801
32,867,801
(0.30)
(0.30)View entire presentation