Oatly Results Presentation Deck
RECONCILIATION OF NON-IFRS FINANCIAL MEASURES
(Unaudited)
(in thousands $)
Loss for the period attributable to shareholders of the parent
Income tax (benefit)/expense
Finance (income) and expenses, net
Depreciation and amortization expense
EBITDA
Share-based compensation expense
Restructuring costs(¹)
Product recall expenses (2)
Asset impairment and other costs related to assets held for sale (³)
IPO preparation and transaction costs
Adjusted EBITDA
Adjusted EBITDA margin
Three months ended December 31,
2022
(125,169)
3,236
(3,098)
13,835
(111,196)
7,741
3,410
39,581
(60,464)
(31.0%)
2021
(79,753)
(5,434)
(7,480)
10,836
(81,831)
9,598
1,654
4,970
(65,609)
(35.3%)
(1) Relates to accrued severance payments as the Company reviews its organizational structure to adjust the fixed cost base globally.
(2) Relates to the recall of products in Sweden as communicated on November 17, 2021. See the Company's Form 6-K filed on November 17, 2021.
(3) The 2022 asset impairment charge related to the YYF Transaction. The 2021 asset impairment charge related to production equipment at our Landskrona production
facility in Sweden for which had no alternative use.
Twelve months ended December 31,
2022
(392,567)
(4,827)
1,409
48,600
(347,385)
35,466
4,415
39,581
(267,923)
(37.1%)
2021
(212,393)
(2,655)
1,305
27,222
(186,521)
23,632
1,654
4,970
9,288
(146,977)
(22.9%)
Q4'22 EARNINGS PRESENTATION 33View entire presentation