Forbes SPAC Presentation Deck slide image

Forbes SPAC Presentation Deck

Detentive Summary thousands USD Reconciliation from Net Income to Adjusted EBITDA Net income Interest ex 1) 2) se Interest income Income taxes Deve Depreciation and amortization Stock-based compensation Management fees Gain on sale on FMHK Severance and other expenses Goodwill impairment charge Other(2) Adjusted EBITDA Years Ended December 31, 2019 7,637 1,183 -154 6,739 13,943 2,583 1,062 5,187 1,432 39,612 2020 7,540 941 -25 4,006 14,179 -2,270 980 5,508 727 942 32,528 2021 38,001 787 -24 5,295 14,771 3,240 1,008 -1,577 4,643 -5,803 N 60,341 Source: Audit / Proxy This consists of severance related expenses and costs incurred in businesses that are no longer operational Relates to the amortization of deferred revenue that was initially recognized at fair value during the 2014 business combination pursuant to a Membership Interest Purchase Agreement executed on July 16, 2014 Forbes 57
View entire presentation