Accolade Investor Presentation Deck
30
Adjusted EBITDA (Loss) Reconciliation
($ in thousands)
Fiscal year ended February 28 (29),
Net Loss
Adjusted for:
Interest expense (income), net
Income tax expense (benefit)
Depreciation and amortization
Stock-based compensation
Acquisition & integration-related costs
Goodwill impairment
Change in fair value of contingent
consideration
Severance costs
Other expense
Adjusted EBITDA (Loss)
2019
$ (56,496)
2,374
55
9,391
5,721
1
90
$ (38,865)
*Please refer to page 29 for important information regarding non-GAAP financial measures
2020
$ (51,365)
2,925
129
8,516
6,002
567
2021
$ (50,652)
3,724
4
8,212
9,576
2,050
1
2022
147
$ (123,124)
2,905
(5,639)
42,608
72,939
13,219
(45,416)
2023
133
$ (459,650)
(255)
(3,624)
46,377
72,644
1,218
299.705
107
$ (33,119) $ (26,939) $ (42,375) $ (36,505)
7,065
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