GlobalFoundries Results Presentation Deck
2.
Key Q1'22 Guidance (4)
(Unaudited, in millions except per share amounts)
4.
Revenue
Gross Profit¹
Margin % (mid-point)²
Operating Profit¹
Margin % (mid-point)³
Net Income ¹
Margin % (mid-point)³
Diluted EPS1
Adj. EBITDA²
Margin % (mid-point)³
IFRS
$1,880 - $1,920
$383 $413
20.9%
$101-$145
6.5%
$54 - $96
3.9%
$0.10 $0.17
Share-Based Compensation
$24 $26
$57 $63
$57 $63
$0.10 $0.11
Adjusted
$409 - $437
22.3%
$164 $202
Note:
1. Adjusted gross profit (loss), operating profit (loss), net income, and diluted EPS for a particular period are non-IFRS metrics and are defined as gross profit (loss), operating profit (loss), net income, and EPS
before share-based compensation expense, respectively.
We define adjusted EBITDA as net income (loss), excluding the impact of interest expense, tax expense, depreciation, amortization adjusted for share-based compensation expense, transaction gains and
associated expenses, restructuring charges and litigation settlements.
3. Adjusted margins are non-IFRS metrics and are defined as adjusted profit (loss) divided by revenue for a particular period (using definitions of adjusted gross profit, adjusted operating profit, adjusted net
income, and adjusted EBITDA).
The guidance provided above contains forward-looking statements as defined in the Securities Exchange Act of 1934, as amended, and is subject to the safe harbors created therein. The guidance includes
management's beliefs and assumptions and is based on information currently available. GF has not provided a reconciliation of its First Fiscal Quarter outlook for adjusted Non-IFRS EBITDA and related
Margin because estimates of all of the reconciling items cannot be provided without unreasonable efforts. Certain factors that are materially significant to GF's ability to estimate these items are out of its control
and/or cannot be reasonably predicted.
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9.6%
$117 - $153
7.1%
$0.21 - $0.27
$580 - $620
31.6%
GlobalFoundries
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