Celsius Global Expansion Strategic Roadmap
ADJUSTED EBITDA COMPUTATION For the twelve Months Ended Dec 31
Net income (loss) available to common
stockholders (GAAP measure)
Add back:
Depreciation and amortization expense
Net interest expense
Preferred stock dividend
Stock-based compensation
Loss on Debt Extinguishment
2018
(11,419,781)
2017
(8,606,578)
51,205
174,409
20,425
160,616
213,133
365,995
4,293,797
2,569,042
377,048
Non-GAAP Adjusted EBITDA
(6,310,189)
(5,490,500)
Non-recurring one-time charges:
Inventory write-down, Priority Testing & Label
183,042
194,040
artwork change fees
Label artwork change fees
41,321
Recruiting fees
100,583
164,697
422,659
CEO retirement compensation
Legal settlement
Total non-recurring one-time charges
Non-GAAP Adjusted EBITDA excluding one-time
charges
Net Asia investment
Net Non-GAAP Adjusted EBITDA excluding net Asia
investment*
1,019,600
1,303,225
822,717
(5,006,964)
(4,667,783)
7,192,928
7,340,980
2,185,964
2,673,197
CELSIUS
- By excluding "Non-Cash" items and non-recurring "One Timers" & China Investment business is delivering positive EbitdaView entire presentation