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  "presentationDate": "2023-02-01 00:00:00",
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  "notes": "The chart shows a bridge from 19% margin in 2018 to 23% in 2022, with positive impacts from Sales Mix/Retention and Remote Work, and negative impacts from Cost of Revenue and Investment in Growth.",
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      "text": "Key drivers of Adjusted EBITDA margin: Improved retention and growth in accretive channels, Savings on office space, Infrastructure investments, Investments in Product Development",
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      "text": "See Appendix for how we define Adjusted EBITDA margin and a reconciliation of Net income (loss) margin to Adjusted EBITDA margin for the periods presented and for information about the limitations of adjusted EBITDA as an analytical tool. Net income margin for FY 2018 was 6%. Net income margin for FY 2022 was 3%.",
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