Investor Presentation - Winter/Spring 2024
APPENDIX: ADJUSTED EBITDA & MARGIN NON-GAAP
RECONCILIATION
Year Ended March 31,
TTM
2019
2020
2021
2022
2023
Q3 FY24
(in thousands)
(in thousands)
$7,833
$29,737
$50,210 $154,783 $112,818
$137,632
Net Income
Adjustments:
Acquisition and other related expenses
1,158
496
254
30
Stock-based compensation
2,343
2,353
7,252
31,442
47,834
48,564
Depreciation and amortization
551
900
3,702
5,040
10,283
10,425
Provision for (benefit from) income taxes
98
(6,223)
7,559
(40,778)
20,338
36,333
Restructuring expense
7,936
Change in fair value of contingent
728
1,173
earn-out consideration liability
Other income, net
(1,010)
(1,351)
(4,466)
(469)
(8,048)
(19,098)
Adjusted EBITDA
$9,815
$26,574
$64,753 $150,272
$183,983
$222,965
Revenue
Adjusted EBITDA Margin
doximity
$85,695 $116,388
$206,897
$343,548
$419,052
$468,331
11%
23%
31%
44%
44%
48%
Investor Presentation - February, 2024View entire presentation