Sonos Investor Day Presentation Deck
Reconciliation of Net Income (Loss)
to Adjusted EBITDA
Net loss
Add (deduct):
Depreciation and amortization
Stock-based compensation expense
Interest income
Interest expense
Other (income) expense, net
Provision for (benefit from) income taxes
Restructuring and related expenses
Legal and transaction related costs (1)
Adjusted EBITDA
Revenue
Adjusted EBITDA margin
FY20
(20,115)
Note: $ in thousands, unaudited.
36,426
57,610
(1,998)
1,487
(6,639)
32
26,285
15,455
$ 108,543
$ 1,326,328
8.2 %
(1) Legal and transaction related costs consist of expenses related to our intellectual property ("IP") litigation against Alphabet Inc. and Google LLC as well
as legal and transaction costs associated with our acquisition activity, which we do not consider representative of our underlying operating performance.x
FY19
(4,766)
36,415
46,575
(4,349)
2,499
8,625
3,690
$ 88,689
$ 1,260,823
7.0%
FY18
(15,604)
39,358
38,645
(731)
5,242
1,162
1,056
$ 69,128
$ 1,137,008
6.1 %
FY17
(14,217)
35,014
36,550
(120)
4,380
(3,361)
(2,291)
$ 55,955
$ 992,526
5.6 %
FY16
(38,214)
34,323
25,963
(14)
2,503
2,208
2,644
$ 29,413
$901,284
3.3 %View entire presentation