DIGITAL MANUFACTURING. REIMAGINED.
EBITDA Calculation
($mm)
EBITDA²
+Transaction and integration costs
+Non-recurring & non-cash items
+Compensation normalization
-Inventory adjustments
+Other adjustments³
Adjusted EBITDA
+Impact of Q2 2021 add-ons4
Adjusted EBITDA, incl. Q2 2021 add-ons
然
FY 20201
Q1 2020
Q1 2021
$23.4
$5.8
$4.8
6.3
0.3
2.1
0.9
0.4
0.4
1.0
0.0
0.1
(0.8)
0.0
0.0
0.4
(0.2)
0.7
$31.3
$6.4
$8.1
8.7
2.8
1.8
$39.9
$9.2
$9.8
1 Fathom generated a net loss of $8.0mm on a GAAP basis in FY 2020; 2 Information reflects various adjustments to give pro forma effect to acquisitions completed through March 31, 2021, as though such transactions occurred on January 1, 2020. Adjustments for these transactions
resulted in changes to EBITDA and Adjusted EBITDA of $19.3mm, $3.9mm, and ($0.1mm) for FY2020, Q1 2020, and Q1 2021, respectively; 3 Includes other, buy-side and diligence adjustments; 4 Information reflects various adjustments to give pro forma effect to acquisitions
completed during Q2 2021, as though such transactions occurred on January 1, 2020.
FATHOM
Fathom Proprietary
and Confidential
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