Investor Presentaiton
Strong bottom line results contribute to record year
Adjusted EBITDA and Adjusted EBITDA Margin (4Q21-4Q22)
Adjusted Net Income (4Q21-4Q22)
$ million and %
60.0
$ million
40
50.0%
52.7
52.9
49.6
45.0%
35
50.0
44.5
40.0%
30
38.3
35.0%
40.0
25
34.0%
30.0%
32.8%
32.2%
30.0%
20
30.0
25.0%
26.7%
20.0%
20.0
15.0%
10.0%
10.0
5.0%
OGG NNW GA
35.0
34.3
32.4
28.8
24.7
15
10
0.0
0.0%
4Q21
1Q22
2Q22
3Q22
4Q22
4Q21
1Q22
2Q22
3Q22
4Q22
(dollars in millions, except per share data)
Adjusted EBITDA
4Q21
4Q22
$38.3
$52.9
VPY
38.0%
Adjusted EBITDA margin
26.7%
32.2%
550 bps
Reported net income
$12.4
$25.6
107.2%
Adjusted net income
$24.7
$34.3
38.9%
Adjusted EPS¹
$0.33
$0.46
39.4%
1Calculated using 4Q22 number of common shares outstanding, diluted of 73,943,000. In 1Q22, and moving forward, we use diluted GAAP shares outstanding given that our restricted stock awards fully vested in 2021.
For general public use.
ASSETMARK.
16View entire presentation