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Investor Presentaiton

Q3 2020 Reconciliation From Management Key Metrics To IFRS €m Management View Adjusted P&L Deferred Revenue D&A Other non-IFRS Adjustments Billings/Revenue 106.4 10.7 Accounting View IFRS P&L 117.2 Cost Of Sales Gross Profit Contribution Sales Marketing (9.4)/(8.8% of Billings) 97.1/(91.2% of Billings) (6.8) (0.2) (14.0)/ (13.2% of Billings) (1.3) (3.9) (16.4)/ (14.0% of Revenue) 100.8/ (85.9% of Revenue) (19.1) (16.3% of Revenue) (7.6)/(7.1% of Billings) (0.4) (1.5) R&D (8.9)/(8.3)% of Billings) (1.3) (1.9) G&A (6.5)/(6.1% of Billings) (0.5) (8.7) Other1 (2.0)/(1.8% of Billings) 1.3 (9.5)/(8.1% of Revenue) (12.1) (10.3% of Revenue) (15.7)/(13.4% of Revenue) (0.7)/(0.6% of Revenue) Adj. EBITDA D&A (ordinary only)2 58.2/(54.7% of Billings) (4.1)2 Adj. EBIT / Operating profit (EBIT) 54.1/(50.8% of Billings) 10.7 (6.2)3 (14.9) D&A (total) EBITDA 1) incl. other income/expenses and bad debt expenses of €2.2m 2) D&A excl. amortization intangible assets from PPA 3) Amortization intangible assets from PPA 19 Q3 2020 Investor Presentation 43.8/(37.3% of Revenue) 10.3 54.1 / (46.1% of Revenue) TeamViewer
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