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  "documentTitle": "ZipRecruiter | Investor Presentation Deck | 32 slides",
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      "text": "RECONCILIATION OF GAAP NET INCOME (LOSS) TO ADJUSTED EBITDA\n(in thousands, except Adjusted EBITDA margin data)",
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      "text": "Copyright © 2023 ZipRecruiter, Inc. All Rights Reserved.",
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      "text": "GAAP net income (loss)\nStock-based compensation\nDepreciation and amortization\nInterest expense\nOther (income) expense, net\nIncome tax expense (benefit)\nAdjusted EBITDA\nAdjusted EBITDA margin\nQ1'19\n($7,790)\n1,855\n1,851\n143\n(352)\n155\n($4,138)\n-4%\nQ2'19\n$2,780\n1,746\n2,154\n143\n(121)\n135\n$6,837\n6%\nQ3'19\n($2,172)\n1,608\n2,375\n143\n(117)\n139\n$1,976\n2%\nQ4'19\n$833\n1,531\n2,564\n143\n(539)\n159\n$4,691\n4%\nFY 2019\n($6,349)\n6,740\n8,944\n575\n(1,132)\n588\n$9,366\n2%\nQ1'20\n($11,082)\n1,958\n2,434\n279\n(138)\n167\n($6,382)\n-6%\nQ2'20\n$21,323\n1,346\n2,607\n367\n(207)\n165\n$25,601\n29%\nQ3'20\n$23,106\n1,256\n2,303\n179\n(378)\n187\n$26,653\n26%\nQ4'20\n$52,701\n1,192\n2,605\n212\n(21,230)\n(22,230)\n$34,261\n30%\nFY 2020\n$86,048\n5,752\n9,949\n1,037\n(942)\n(21,711)\n$80,133\n19%\nQ1'21\n$13,398\n1,226\n2,302\n209\n(386)\n3,245\n$19,994\n16%\nQ2'21\n($52,847)\n64,366\n2,233\n266\n181\n(15,917)\n($1,718)\n-1%\nQ3'21\n$22,060\n22,033\n2,464\n221\n154\n(4,467)\n$42,465\n20%\nQ4'21\n$20,989\n19,633\n2,464\n220\n19\n4,263\n$47,588\n22%\nFY2021\n$3,600\n107,258\n9,463\n916\n(32)\n(12,876)\n$108,329\n15%\nQ1'22\n$8,417\n20,494\n2,485\n6,285\n25\n(503)\n$37,203\n16%\nQ2'22\n$13,110\n17,660\n2,637\n7,511\n(36)\n4,512\n$45,394\n19%\nQ3'22\n$20,556\n19,324\n2,867\n7,361\n(321)\n1,875\n$51,662\n23%\nQ4'22\n$19,411\n19,478\n2,693\n7,341\n(5,022)\n6,706\n$50,607\n24%\nFY2022\n$61,494\n76,956\n10,682\n28,498\n(5,354)\n12,590\n$184,866\n20%",
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      "text": "Reconciliations of non-GAAP financial measures to the most directly comparable\nGAAP measures",
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