Docebo Corporate Presentation
Appendix:
Non-IFRS Measures and Reconciliation of Non-IFRS Measures
docebo
Adjusted Net Income (Loss) is defined as net (loss) income excluding amortization of intangible assets, share-based compensation and related payroll taxes, acquisition related
compensation, transaction related expenses, restructuring costs, foreign exchange gains and losses, and income taxes.
Adjusted Net Income (Loss) per share - basic and diluted is defined as Adjusted Net (Loss) Income 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 (loss) income.
The following table reconciles net income (loss) to Adjusted Net
Income (Loss) for the periods indicated:
Net income (loss) for the period
Amortization of intangible assets
Share-based compensation
Acquisition related compensation
Transaction related expenses
Restructuring
Foreign exchange loss (gain)
Income tax expense related to adjustments(1)
Adjusted net income (loss)
Nine months ended September 30,
Three months ended September 30,
2023, $
4,047
2022, $
2023, $
2022, $
10,274
(382)
5,418
381
80
692
252
1,845
1,000
4,438
3,745
1,258
256
2,246
868
271
1,081
101
65
2,849
-
(3,092)
(10,213)
1,365
177
75
567
198
4,952
1,472
12,8561
(1,094)
(11,676)
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.
32,474,975
33,513,101
33,044,250
32,907,374
33,024,887
34,069,688
32,907,374
34,032,666
0.15
0.04
0.39
(0.03)
0.15
0.04
0.39
(0.03)View entire presentation