Inovalon Results Presentation Deck slide image

Inovalon Results Presentation Deck

Q3 2020 Financial Highlights The Company experienced short-term COVID- 19 pandemic impact to lower-margin Legacy and Services business and some deal timing in Q3 2020 resulting in higher margin subscription- based platform revenue of $142.5 million (representing 88% of Q3 2020 total revenue) and total revenue of $161.4 million, a 3% decrease year-over-year. New sales Annual Contract Value (ACV) was $58.5 million in total, and $42.5 million for Platform, up a strong 32.8% and 51.2%, respectively, year-over-year. Continued strong Platform operational leverage resulted in Q3 2020 Adjusted EBITDA of $58.8 million, representing an Adjusted EBITDA margin of 36.4%. Operating Cash Flow for the period was $46.0 million, up 42.2% year-over- year. INOV Q3 2020 Earnings Supplement (10.28.20) v1.0.0 Subscription-Based Platform Revenue of $142.5M Representing 88.3% Of Q3 2020 Revenue Adj EBITDA Growth to $58.8M Representing a 36.4% Adjusted EBITDA Margin Quarterly Platform New Sales Annual Contract Value (ACV) of $42.5M An increase of 51.2% year-over-year Operating Cash Flow growth 42.2% of year-over-year to $46.0M 13 CORREN
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