TaskUs Financials and Market Focus
Reconciliations
of Adjusted Net
Income
TaskUs™
USD Million
Jan 1,
Oct 1,
Year
2018
2018
2017
Ended
Year
Ended
through
through
(unaudited)
Sep 30,
Dec 31,
Year
Year
Ended
Ended
December December December Decem
ber 31,
31, 2018 31, 2019 31, 2020
2018
2018
2021
Net Income (loss)
$9.0
$33.1
$(0.9)
$32.2
$33.9
$34.5
$(58.7)
Amortization of intangible assets
4.7
4.7
18.8
18.8
18.8
Offering costs
0.9
7.0
Transaction related costs
3.7
5.8
9.5
Foreign currency (gains) losses
(0.4)
1.7
(0.4)
1.3
(2.0)
(1.5)
0.8
Loss (gain) on disposal of assets
0.0
(0.0)
0.6
0.6
2.2
1.1
0.1
Tax benefit from transaction related costs
(15.9)
(15.9)
COVID-19 related expenses
Severance costs
Lease termination costs
7.5
6.1
2.6
1.8
50
0.4
19
Natural disaster costs
Contingent consideration
3.6
Phantom shares bonus
129.4
4.4
Teammate IPO bonus
Stock-based compensation expense
Tax impacts of adjustments
46.4
-25.2
Adjusted Net Income
$8.6
$22.6
$9.8
$32.4
$53.0
$69.4
$129.4
Net Income (Loss) Margin
7.7%
19.6%
Adjusted Net Income Margin
7.3%
13.4%
11.4%
(1.0)% 12.7%
12.7%
9.4%
7.2%
(7.7)%
14.7%
14.5%
17.0%
Investor Presentation | 37View entire presentation