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  "documentTitle": "ModivCare | Investor Conference Presentation Deck | 15 slides",
  "authorId": "modivcare",
  "authorName": "ModivCare",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-01-01 00:00:00",
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  "slideType": "revenue_buildup",
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      "text": "1. Restructuring and related costs include professional fees for strategic initiatives, organizational consolidation costs, severance and other professional fees.\n2. Transaction and integration costs consist of fees incurred for SOX implementation and business integration efforts.",
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      "kind": "source-note",
      "text": "© 2024 Modivcare® Inc.",
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      "text": "Year ended December 31, 2022\nNEMT Personal Care RPM Corporate and Other Total\nService revenue, net $ 1,768,442 $ 667,674 $ 68,277 $ — $ 2,504,393\nGrant income — 7,351 — — 7,351\nOperating expenses:\nService expense 1,487,447 520,065 24,562 — 2,032,074\nGeneral and administrative expense 146,935 91,365 23,156 60,715 322,171\nDepreciation and amortization 28,709 51,025 19,854 827 100,415\nTotal operating expenses 1,663,091 662,455 67,572 61,542 2,454,660\nOperating income (loss) 105,351 12,570 705 (61,542) 57,084\nInterest expense, net — — — 61,961 61,961\nIncome (loss) before income taxes and equity method investment 105,351 12,570 705 (123,503) (4,877)\nProvision (benefit) for income taxes 26,855 2,810 208 (32,908) (3,035)\nEquity in net (income) loss of investee, net of tax (71) — — 30,035 29,964\nNet Income (loss) 78,567 9,760 497 (120,630) (31,806)\nInterest expense, net — — — 61,961 61,961\nProvision (benefit) for income taxes 26,855 2,810 208 (32,908) (3,035)\nDepreciation and amortization 28,709 51,025 19,854 827 100,415\nEBITDA 134,131 63,595 20,559 (90,750) 127,535\nRestructuring and related costs (1) 25,228 757 63 950 26,998\nTransaction and integration costs (2) 4,225 7,550 2,927 9,269 23,971\nSettlement related costs 5,500 — — 4,064 9,564\nCash settled equity — — — 108 108\nStock-based compensation — 190 86 5,684 5,960\nCOVID-19 related costs, net of grant income 129 (2,327) — — (2,198)\nEquity in net (income) loss of investee, net of tax (71) — — 30,035 29,964\nAdjusted EBITDA $ 169,142 $ 69,765 $ 23,635 $ (40,640) $ 221,902",
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      "text": "Non-GAAP Reconciliation | FY2022",
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