Kore Investor Presentation Deck
Q3'23 Reconciliation of Net Loss to EBITDA, Adjusted EBITDA
(Unaudited)
Three Months Ended
September 30,
(In millions USD)
Net loss
Net loss margin
Income tax benefit
Interest Expense
Depreciation & Amortization
EBITDA
Goodwill impairment
Change in FV of warrant liabilities (non-cash)
Transformation expenses
Acquisition costs
Integration-related restructuring costs
Stock-based compensation (non-cash)
Foreign currency loss (non-cash)
Other
Adjusted EBITDA
Columns may not sum due to rounding
KORE
2023
($95.4)
(139.1%)
(3.1)
10.6
14.5
($73.4)
78.3
(0.0)
1.9
0.0
3.0
3.4
0.8
0.2
$14.2
2022
($14.3)
(21.6%)
(1.8)
8.2
13.7
$5.8
0.0
(0.1)
2.5
0.0
2.6
3.0
1.1
0.3
$15.1
(Unaudited)
Nine Months Ended
September 30,
2023
($133.4)
(65.3%)
(4.0)
31.2
43.1
($63.0)
78.3
(0.0)
5.4
1.8
8.3
9.0
1.0
0.9
$41.7
2022
($36.6)
(17.8%)
(6.3)
22.1
40.6
$19.8
0.0
(0.3)
5.9
1.4
10.3
7.6
1.6
0.9
$47.2
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