Accolade Investor Presentation Deck
30
Adjusted EBITDA (Loss)
GAAP to Non-GAAP Reconciliation
($ in thousands)
Fiscal year ended February 28 (29),
Net Income (Loss)
Adjusted for:
Interest expense, net
Income tax expense (benefit)
Depreciation and amortization
Stock-based compensation
Acquisition & integration-related costs
Change in fair value of contingent
consideration
Other expense (income)
Adjusted EBITDA (Loss)
2018
$ (61,286)
1,799
7,982
8,406
26
2019
*Please refer to page 29 for important information regarding non-GAAP financial measures
$ (56,496)
2,374
55
9,391
5,721
90
$ (43,073) $ (38,865)
2020
$ (51,365)
2,925
129
8,516
6,002
567
107
$ (33,119)
2021
$ (50,652)
3,724
4
8,212
9,576
2,050
147
$ (26,939)
2022
$ (123,124)
2,905
(5,639)
42,608
72,939
13,219
(45,416)
133
$ (42,375)View entire presentation