monday.com Investor Presentation Deck slide image

monday.com Investor Presentation Deck

Reconciliation of non-GAAP financial measures Non-GAAP operating loss (cont.) ($ in thousands) Reconciliation of operating expenses (cont.): GAAP general and administrative Less: Share-based compensation Non-GAAP general and administrative Reconciliation of operating loss and margin: GAAP operating loss Add: Share-based compensation Non-GAAP operating loss GAAP operating margin Non-GAAP adjustments Non-GAAP operating margin Q1-22 18,870 6,459 12,411 (67,496) 23,666 (43,830) (62%) 22% (40%) Q2-22 22,466 7,833 14,633 (46,180) 30,822 (15,358) (37%) 25% (12%) Q3-22 22,348 7,108 15,240 (28,239) 26,054 (2,185) (21%) 19% (2%) Q4-22 21,717 6,700 15,017 (10,100) 24,378 14,278 (7%) 17% 10% Q1-23 23,251 7,410 15,841 (22,752) 22,459 (293) (14%) 14% (0%)
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