Inovalon Results Presentation Deck
CAPEX Returning Towards Historical Levels
During the period Q3 2016 through Q1 2018, the Company elected to invest more than $40M into incremental development towards the launch
of the Inovalon ONE® Platform. The period of this disproportional investment is now complete and is increasingly being harvested through the
successful engagement of clients for highly-differentiated platform offerings. As a result, the Company has been seeing the capital investments
of the Company returning back towards historical levels (as a percentage of revenue), and continues to see this occurring in 2020.
$18.8
6%
$13.2
$5.6
2013
$22.7
6%
$20.2
2014
Maintenance Capital Expenditure
$26.4
6%
$25.2
$1.2
2015
$39.1
$7.8
9%
$23.2
$8.1
2016
I Innovation Capital Expenditure (incl. Cap. Software)
$65.5
$28.1
15%
$28.5
$8.9
2017
¹ Numbers as of the Company's update to 2020 guidance provided on April 29, 2020.
Capital Expenditure (CAPEX) is defined as the sum of Purchases of property and equipment and Investment in capitalized software. All numbers in millions.
INOV Q1 2020 Earnings Supplement (4.29.20) v1.0.1
$65.0
$6.4
$45.8
12%
$12.8
$58.9
$44.8
9%
$14.1
2018
Inovalon ONE® Platform Buildout Capital Expenditure
OFFER
2019
$54 - $60 ¹
1
$40 - $45
8% -9%
$14-$15
2020G
% Of Revenue
ING
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