Corecentric Investor Presentation Deck slide image

Corecentric Investor Presentation Deck

EBITDA reconciliation ($M) Net (loss) income Adjustments: Interest expense, net Provision (benefit) for income taxes Depreciation and amortization Earnings Before Interest Taxes Depreciation and Amortization Adjustments: Stock-based compensation expense Foreign currency (gain) loss Equity in (income) loss of affiliate Change in Contingent Consideration Acquisition costs¹ Acquisition Accounting Adjustments Restructuring and strategic project expenses² Adjusted EBITDA (Non-GAAP) 2019 ($4) 9 (1) 17 $21 1 (0) 0 2 3 5 0 $32 Year ended December 31, 2020 $3 7 (5) 19 $23 2 0 (0) 0 1 (1) 1 $27 2021 ($33) 9 1 24 $2 24 (0) (0) 0 0 3 $29 Three months ended March 31, 2021 ($7) 226 2 2 6 $4 1 OOO O 0 0 0 0 $5 1 Source: Company materials Note: Adjusted gross profit / margin and adjusted EBITDA are non-GAAP financial measures; Zero values represent numbers less than $500,000; ¹ For the months ended march 31, 2022, corcentric represents the provision for earn out compensation that may become payable to certain employees who are former shareholders of Vendorin LLC, if performance criteria are archived. For the three months ended March 31, 2021, represents legal accounting and other professional fees incurred in connection with the acquisition of Vendorin LLC (2020); 2 For the three months ended March 31, 2021, represents transaction costs associated with the business combination and charges associated with severance 2022 ($1) 2068 $8 1 0 (0) 0 $8 56
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