FiscalNote Investor Presentation Deck
Q1 2023 Summary - Reconciliation to non-GAAP measures
Adjusted Revenues
The following table presents our calculation of Adjusted Revenues for the periods presented, and a reconciliation of this measure to our GAAP revenues for the same periods:
Three Months Ended March 31,
28
(in thousands)
Subscription revenue
Deferred revenue adjustment
Adjusted subscription revenue
Advisory, advertising, and other revenue
Adjusted revenues
(in thousands)
Adjusted Revenues
Costs of revenue
Amortization of intangible assets
2023
$
Adjusted Gross Profit
Adjusted Gross Margin
2023
28,467
Adjusted Gross Profit and Adjusted Gross Profit Margin
The following table presents our calculation of Adjusted Gross Profit and Adjusted Gross Profit Margin for the periods presented
Three Months Ended March 31,
$
28,467
3,062
31,529
31,529
(8,937)
2,597
2022
$
25,189
80%
2022
22,779
993
23,772
3,292
27,064
27,064
(7,170)
1,823
21,717
80%
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