Olaplex Results Presentation Deck slide image

Olaplex Results Presentation Deck

NON-GAAP RECONCILIATION 2. Adjusted Net Income ($MM) Net Income Amortization of intangible assets (excluding software) Non-recurring litigation costs ¹ Share-based compensation Non-capitalizable IPO and strategic transaction costs² Tax effect of adjustments Adjusted net income Adjusted net income per share: Basic Diluted For the Quarter Ended June 30 2022 2021 Q2 2022 EARNINGS $ 88 12 (3) $99 $0.15 $0.14 $0.11 $0.11 $ 49 12 14 1 (5) $ 73 Adjusted SG&A($MM) 21 SG&A Non-recurring litigation costs¹ Share-based compensation Non-capitalizable IPO and strategic transaction costs² Adjusted SG&A For the Quarter Ended June 30 2022 2021 $26 $ 34 (14) (1) (2) $ 17 1. Represents costs incurred related to the payment to LIQWD, Inc. ("LIQWD"), a predecessor entity to the Company substantially all of whose assets and liabilities were purchased as part of the the acquisition of the Olaplex, LLC business in 2020 by certain investment funds affiliated with Advent International Corporation and other investors (the "Acquisition"), of certain amounts due in connection with the resolution of certain litigation and contingency matters involving LIQWD, which amounts were required to be paid pursuant to the purchase agreement for the Acquisition. Represents non-capitalizable professional fees and executive severance incurred in connection with the Company's initial public offering and the Company's public company transition. (2) $ 24 OLAPLEX
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