Enfusion Results Presentation Deck
Reconciliations To Non-GAAP Financial Measures
The following table reconciles gross profit to adjusted gross profit:
($ in thousands)
GAAP Gross profit
Add back stock based compensation expense
Adjusted Gross profit
Adjusted Gross Margin
($ in thousands)
Net income (loss)
Interest expense (income)
Income taxes
Depreciation and amortization
EBITDA
The following table reconciles net income to Adjusted EBITDA:
Adjustments:
Stock-based compensation expense
Loss on debt extinguishment
Tax payment on stock-based compensation
Effects of foreign currency
Other non-recurring items ¹
Adjusted EBITDA
Adjusted EBITDA margin
$
*:enfusion
$
$
$
$
December 31, 2021
21,689
377
22,066
69.3%
December 31, 2021
(293,894)
307
(125)
1,316
(292,396)
Represents severance charges for restructured executives in the quarter
289,803
1,215
4,570
3,192
10.0%
March 30, 2022
23,158
354
23,512
68.9%
March 30, 2022
(12,524)
6
150
1,340
(11,028)
12,432
434
1,838
5.4%
Three Months Ended
June 30, 2022
25,693
341
26,034
71.2%
Three Months Ended
June 30, 2022
(4,125)
1
219
1,615
(2,290)
7,523
50
September 30, 2022
27,177
406
27,583
5,283
14.5%
70.5%
September 30, 2022
2,598
4
287
1,699
4,588
833
14
5,435
13.9%
December 31, 2022
27,221
321
27,542
68.0%
December 31, 2022
788
(424)
418
1,690
2,472
4,205
87
6,764
16.7%
March 31, 2023
27,669
270
27,939
68.2%
March 31, 2023
4,694
(492)
396
1,868
6,466
(1,147)
163
82
139
5,703
13.9%
©2023 ENFUSION. ALL RIGHTS RESERVED.
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