GlobalFoundries Results Presentation Deck
Adjusted EBITDA Margins Trend
(Unaudited)
39.3%
_38.2%
39.1%
Q3'22
35.6%
Q4'22
36.2%
Q2'22
Q1'23
Note:
Adjusted EBITDA is a Non-IFRS measure which we define as net income (loss), excluding the impact of finance expense, finance income, income tax expense, depreciation, amortization, share-based compensation expense, divestiture gains and
associated expenses, restructuring charges, labor optimization initiatives, and litigation settlements. Adjusted EBITDA margin is adjusted EBITDA divided by revenue. See Appendix for the unaudited reconciliation of IFRS to Non-IFRS metrics.
Beginning in Q3 2022, the Company has revised its definition of Adjusted EBITDA to include an adjustment for finance income.
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(310) bps
Q2'23
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