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 substantially complete and is increasingly being harvested
through the successful engagement of clients for highly-differentiated platform offerings. As a result, the Company sees the capital investments
of the Company (inclusive of ABILITY) returning towards historical levels (as a percentage of revenue) in 2019.
$18.8
6%
$13.2
$22.7
6%
$20.2
$5.6
2013
Maintenance Capital Expenditure
$2.5
2014
$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)
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 2019 Earnings Supplement (5.1.19) v.1.0.0
$65.5
$28.1
15%
$28.5
$8.9
2017
$65.0
$6.4
$45.8
12%
$12.8
2018
Inclusive of ABILITY
Inovalon ONE® Platform Buildout Capital Expenditure
$52-$58
$39 - $44
8% -9%
$13- $14
2019G
% Of Revenue
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