Zynex Medical Electrotherapy Pain Management and Growth Strategy
Adjusted EBITDA
Net income
Depreciation and Amortization
Stock-based compensation expense
Interest expense and other, net
Income tax expense
Adjusted EBITDA
% of Net Revenue
$
$
Adjusted EBITDA:
Net income
$
Depreciation and Amortization
Stock-based compensation expense
Interest expense and other, net
Income tax expense
Adjusted EBITDA
% of Net Revenue
EBITDA Reconciliation - 2020
For the Three Months Ended March 31,
2020
2019
Adjusted EBITDA
2,937
$
2,350
Net income
68
66
Depreciation and Amortization
497
139
Stock-based compensation expense
4
(880)
Interest expense and other, net
(483)
786
Income tax expense
3,023
$
2,461
Adjusted EBITDA
20%
27%
% of Net Revenue
For the Three Months Ended September 30,
2020
2019
$
$
For the Three Months Ended June 30,
2020
3,017
$
97
579
5
1,063
4,761
$
25%
2019
2,162
76
158
422
2,818
27%
For the Three Months Ended December 31,
2020
2019
1,788 $
2,947
272
60
875
264
82
6
428
778
$
3,445
$
4,055
13%
29%
Adjusted EBITDA:
1,333
$
2,033 Net income
$
305
50
Depreciation and Amortization*
730
259
Stock-based compensation expense
5
71
463
$
2,444
$
Interest expense and other, net
Income tax expense
2,805 Adjusted EBITDA
12%
24%
% of Net Revenue
ZYNEX
25
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