{
  "docId": "019de515-911d-72b5-80ca-abefe6442528",
  "docSlug": "4384978442320c81c75f03a3e275da5e",
  "documentTitle": "Bausch+Lomb | Results Presentation Deck | 34 slides",
  "authorId": "bausch-lomb",
  "authorName": "Bausch + Lomb",
  "documentKindSlug": "conference-presentation",
  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-05-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 11,
  "pageCount": 34,
  "prevPage": 10,
  "nextPage": 12,
  "slideType": "revenue_buildup",
  "function": "decompose_segments",
  "density": "overcrowded",
  "nDataPoints": 44,
  "notes": null,
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de515-911d-72b5-80ca-abefe6442528/11",
  "deckHref": "/decks/019de515-911d-72b5-80ca-abefe6442528",
  "deckJsonHref": "/decks/019de515-911d-72b5-80ca-abefe6442528.json",
  "deckAnchorHref": "/decks/019de515-911d-72b5-80ca-abefe6442528#slide-11",
  "components": [
    {
      "bbox": {
        "h": 0.02,
        "w": 0.09,
        "x": 0.04,
        "y": 0.94
      },
      "kind": "image",
      "text": "BAUSCH+ LOMB",
      "attrs": {},
      "subkind": "logo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "77235ec2-c3ad-4b95-9e23-0448e292fd25",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.018,
        "w": 0.018,
        "x": 0.94,
        "y": 0.94
      },
      "kind": "other",
      "text": "10",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "34d62efd-28ec-4a21-ad37-40c0acf87ff7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.75,
        "x": 0.15,
        "y": 0.897
      },
      "kind": "source-note",
      "text": "1. Products with sales outside the United States impacted by F/X changes.\n2. This is a non-GAAP measure or ratio. See Slide 1 and Appendix for further information on non-GAAP measures and ratios.\n3. 1Q22 presented on an adjusted basis after giving effect to the IPO.\n4. Effective in the first quarter of 2023, certain products historically included in the reported results of the Ophthalmic Pharmaceuticals segment are now included in the reported results of the Vision Care segment and certain products included in the\nreported results of the Vision Care segment are now included in the reported results of the Ophthalmic Pharmaceuticals segment. Management believes these movements are necessary in order to better align these products with the groupings of\nsimilar products. The net impact of these product movements was not material to the periods presented. Prior period presentations of segment revenues have been conformed to the current segment reporting structure.\n5. 2022 results were not fully burdened by all stand-up costs associated with the separation",
      "attrs": {},
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3ee35b5a-229f-4ebf-9dbf-9fa8d8e37d11",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.62,
        "w": 0.73,
        "x": 0.136,
        "y": 0.17
      },
      "kind": "table",
      "text": "Bausch + Lomb\n1Q23\n1Q225\nReported Change\nConstant Currency Change2\nVision Care Revenue4\n$587M\n$560M\n5%\n8%\nSurgical Revenue\n$183M\n$174M\n5%\n9%\nOphthalmic Pharmaceuticals Revenue4\n$161M\n$155M\n4%\n7%\nTotal Revenue\n$931M\n$889M\n5%\n8%\nGross Profit\n$502M\n$476M\n5%\n9%\nGross Margin\n53.9%\n53.5%\n40 bps\nR&D\n$77M\n$77M\n0%\n(1%)\nR&D % of Revenues\n8.3%\n8.7%\nSG&A\n$418M\n$343M\n(22%)\n(25%)\nSG&A % of Revenues\n44.9%\n38.6%\nOperating (Loss) Income\n($2M)\n$54M\nNet (Loss) Income Attributable to Bausch + Lomb\n($90M)\n$20M\nNet (Loss) Income Margin\n(9.7%)\n2.2%\nEPS Attributable to Bausch + Lomb³\n($0.26)\n$0.06",
      "attrs": {},
      "subkind": "data",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "75c0b575-0cae-4884-89bd-545370b14198",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.036,
        "w": 0.59,
        "x": 0.045,
        "y": 0.08
      },
      "kind": "title",
      "text": "Total Bausch + Lomb P&L¹ (GAAP)",
      "attrs": {},
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "febe466c-3acb-4eea-9b12-16b46eea3881",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 13,
      "from": 10,
      "beatId": "6c09b63c-7240-4f0a-b18b-e5cbeed428e6",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Market Size",
      "beatSlug": "sequoia-pitch-market-size",
      "evidence": "The deck provides financial data and guidance for 2023",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 13,
      "from": 10,
      "name": "Benchmark Gap",
      "slug": "39-benchmark-gap",
      "bestFor": "Performance improvement, competitive analysis, target setting",
      "matchId": "db64b6a9-64be-4ffa-824c-13ab08d6251f",
      "evidence": "The deck provides financial data and guidance for 2023",
      "position": 1,
      "objective": "Show the company's financial performance relative to benchmarks",
      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
      "confidence": 0.7,
      "description": "Compare performance against best-in-class to quantify the opportunity"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}