Anghami SPAC Presentation Deck slide image

Anghami SPAC Presentation Deck

3 Disclaimer (Cont'd) as adopted by the International Accounting Standards Board ("IFRS"). The Company's independent auditor has not studied, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this Presentation, and accordingly, they have not expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this Presentation. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties, many of which are outside of the Company's control, that could cause actual results to differ materially from those contained in the prospective financial information. Projections are inherently uncertain due to a number of factors. Accordingly, there can be no assurance that the prospective results are indicative of the Company's future performance or that actual results will not differ materially from those presented in the prospective financial information. Inclusion of the prospective financial information in this Presentation should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved. The Company disclaims any intention or obligation to update or otherwise revise or reconcile any financial projections whether as a result of new information, future events or otherwise. Preliminary Estimates for the Year Ended December 31, 2021 The selected preliminary estimated financial results included herein are based on the Company's preliminary estimated financial results for the year ended December 31, 2021 and are subject to revision based upon the completion of the Company's year-end financial closing processes and other developments that may arise prior to the time its financial results are finalized. The information is derived from preliminary financial reports which are subject to change in connection with the completion of the Company's normal closing procedures and such changes could be material. However, management believes these preliminary financial reports are reasonable. The Company's preliminary estimated financial results are forward-looking statements based solely on information available to the Company as of the date of this presentation and the Company's actual results may differ materially from these estimates. You should not place undue reliance on these estimates. Our independent registered public accounting firm, has not audited, reviewed, compiled or performed any procedures with respect to the preliminary financial information, and as such, does not express an opinion, or any assurance, with respect to this preliminary financial information. Industry and Market Data In this Presentation, we rely on and refer to information and statistics regarding market participants in the sectors in which the Company competes and other industry data. The Company obtained this information and statistics from third-party sources, including reports by market research firms and company filings. The Company has not studied, reviewed, complied or performed any procedures with respect to such industry and market data to assess its accuracy or completeness. Use of Non-IFRS Financial Matters This Presentation includes certain financial measures, including Adjusted EBITDA, that were not calculated in accordance with IFRS. The Company believes that these non-IFRS financial measures to be useful to investors for two principal reasons. First, the Company believes these measures may assist investors in comparing performance over various reporting periods on a consistent basis by removing from operating results the impact of items that do not reflect core operating performance. Second, this measure is used by the Company's management to assess its performance and may (subject to the limitations described below) enable investors to compare the performance of the Company to its competition. The Company believes that the use of these measures provides an additional tool for investors to use in evaluating ongoing operating results and trends. Non- IFRS measures should not be considered in isolation from, or as an alternative to, financial measures determined in accordance with IFRS. Other companies may calculate Adjusted EBITDA and other non-IFRS financial measures differently, and therefore the Company's non-IFRS financial measures may not be directly comparable to similarly titled measures of other companies. A reconciliation of non-IFRS forward looking information to their corresponding IFRS measures cannot be provided without unreasonable effort because of the inherent difficulty of accurately forecasting the occurrence and financial impact of the various adjusting items necessary for such reconciliation that have not yet occurred, are out of our control, or cannot be reasonably predicted. anghami 111.
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