Doximity Investor Day Presentation Deck
GAAP TO NON-GAAP RECONCILIATIONS
ADJUSTED EBITDA & MARGIN
Net Income
Adjustments:
Acquisition and other related expenses
Stock-based compensation
Depreciation and amortization
Revenue
Change in fair value of contingent earn-out consideration liability
Income tax expense (benefit)
Other income, net
Adjusted EBITDA
Net Income Margin
Adjusted EBITDA Margin
doximity
2019
$7,833
2,343
551
2020
9%
11%
Year Ended March 31,
2021
(in thousands)
$50,210
$29,737
1,158
2,353
900
98
(6,223)
(1,010)
(1,351)
$9,815
$26,574
$85,695 $116,388
26%
23%
496
7,252
3,702
2022
24%
31%
$154,783
254
31,442
5,040
7,559
(4,466)
$64,753 $150,272
$206,897
$343,548
(40,778)
(469)
45%
44%
2023
$112,818
30
47,834
10,283
728
20,338
(8,048)
$183,983
$419,052
27%
44%
DOCS Investor Day - June 6, 2023
55View entire presentation