Thoughtworks Results Presentation Deck
Safe harbor and non-GAAP reconciliation
Non-GAAP Financial Measures. Certain financial metrics contained in this presentation, including among others, Adjusted Gross Profit, Adjusted Selling,
General & Administrative expense, Adjusted Net Income, Adjusted Diluted EPS, Adjusted EBITDA, Adjusted EBITDA Margin, and Revenue Growth rates in
constant currency, which exclude the effect of foreign currency rate fluctuations, are considered non-GAAP financial measures. We use these non-GAAP
measures in conjunction with traditional GAAP measures to evaluate our financial performance. We believe that these non-GAAP measures provide our
management and investors consistency and comparability with our past financial performance and facilitate period-to-period comparisons of our
operations. The non-GAAP financial measures provided should not be considered as a substitute for the comparable measures of financial performance
prepared in accordance with GAAP. For more information regarding the non-GAAP financial measures discussed in this presentation, including a
reconciliation of these non-GAAP measures to their corresponding GAAP measures, please see the Appendix to this presentation. For definitions of these
non-GAAP measures, please see our press release for the most recent quarterly or annual results posted to the Investor Relations page of our website.
Some non-GAAP measures related to our financial outlook included in this presentation, our press release and the associated webcast were not reconciled
to the comparable GAAP financial measures because the GAAP measures are not accessible on a forward-looking basis. We are unable to reconcile these
forward-looking non-GAAP financial measures to the most directly comparable GAAP measures without unreasonable efforts because we are currently
unable to predict with a reasonable degree of certainty the type and extent of certain items that would be expected to impact GAAP measures for these
periods but would not impact the non-GAAP measures. Such items may include stock-based compensation, acquisition costs, income tax effects of
adjustments and other items. The unavailable information could have a significant impact on our GAAP financial results. Based on the foregoing, we believe
that providing estimates of the amounts that would be required to reconcile the range of the non-GAAP measures to forecasted GAAP measures would
imply a degree of precision that would be confusing or misleading to investors for the reasons identified above.
Industry & Market Data. The market data, industry forecasts and other statistical information used in this presentation are based on third-party industry
publications and surveys and internal Company sources. Industry forecasts are based on industry surveys and the preparer's expertise in the industry,
and there can be no assurance that any of the industry forecasts will be achieved. We believe these data are reliable, but we have not independently
verified the accuracy of this information nor have we ascertained the underlying assumptions relied upon in those sources, and we cannot assure you
of the accuracy or completeness of such information contained in this presentation. While we are not aware of any misstatements regarding our market,
industry or similar data presented herein, such data, including industry forecasts and projections, involve risks and uncertainties and are subject to
change based on various factors.
/thoughtworks
Ⓒ2022 Thoughtworks
3View entire presentation