{ "docId": "019de518-437e-7299-b4cc-a1440ce23453", "docSlug": "04d72b20ef72dbb7f63fbcd416bb543b", "documentTitle": "Enfusion | Results Presentation Deck | 21 slides", "authorId": "enfusion", "authorName": "Enfusion", "documentKindSlug": "shareholder-letter", "documentKindLabel": "Shareholder letter", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2024-03-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 20, "pageCount": 21, "prevPage": 19, "nextPage": 21, "slideType": "appendix_disclosure", "function": "appendix", "density": "dense", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de518-437e-7299-b4cc-a1440ce23453/20", "deckHref": "/decks/019de518-437e-7299-b4cc-a1440ce23453", "deckJsonHref": "/decks/019de518-437e-7299-b4cc-a1440ce23453.json", "deckAnchorHref": "/decks/019de518-437e-7299-b4cc-a1440ce23453#slide-20", "components": [ { "bbox": { "h": 0.0875, "w": 0.925, "x": 0.0375, "y": 0.7125 }, "kind": "paragraph", "text": "Adjusted Free Cash Flow and FCF Conversion\nAdjusted Free Cash Flow represents net cash provided from operating activities less purchases of property and equipment and other assets, plus cash interest expense. However, given our\nnon-discretionary expenditures, Adjusted Free Cash Flow does not represent residual cash flow available for discretionary expenditures. FCF Conversion represents Adjusted Free Cash\nFlow divided by Adjusted EBITDA.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "024bb307-88d9-4ed9-aa9b-8a915d577391", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.925, "x": 0.0375, "y": 0.825 }, "kind": "paragraph", "text": "Adjusted Gross Profit and Adjusted Gross Margin\nAdjusted Gross Profit represents gross profit, excluding the impact of stock-based compensation and other non-recurring items. Adjusted Gross Margin represents Adjusted Gross Profit\ndivided by total net revenues.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "0f951cab-376d-4de6-8a17-33c84576eeac", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.075, "w": 0.925, "x": 0.0375, "y": 0.60625 }, "kind": "paragraph", "text": "Adjusted EBITDA and Adjusted EBITDA Margin\nAdjusted EBITDA represents earnings before interest, taxes, depreciation and amortization, adjusted to exclude stock-based compensation expense, the effect of foreign currency\nfluctuations, and certain non-recurring items. Adjusted EBITDA Margin represents Adjusted EBITDA divided by total net revenues.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b95c6538-26cc-41a2-afbd-a02359378b88", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.46875, "w": 0.925, "x": 0.0375, "y": 0.125 }, "kind": "paragraph", "text": "Non-GAAP Financial Measures\nIn addition to financial measures prepared in accordance with GAAP, this presentation and the accompanying tables include Adjusted Diluted EPS, Adjusted EBITDA, Adjusted EBITDA\nMargin, Adjusted Free Cash Flow, Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Net Income and FCF Conversion, which are non-GAAP financial measures. The presentation of these\nnon-GAAP financial measures is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP.\nAdjusted Diluted EPS, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow, Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Net Income and FCF Conversion are\nsupplemental measures of our operating performance and liquidity that are neither required by, nor presented in accordance with, U.S. GAAP, and our calculations thereof may not be\ncomparable to similarly titled measures reported by other companies.\nThese measures are presented because they are the primary measures used by management to evaluate our financial performance and liquidity, and for forecasting purposes. This non-\nGAAP financial information is useful to investors because it eliminates certain items that affect period-over-period comparability and provides consistency with past financial\nperformance or liquidity and additional information about underlying results and trends by excluding certain items that may not be indicative of our business, results of operations or\noutlook. Additionally, we believe that these and similar measures are often used by securities analysts, investors and other interested parties as a means of evaluating a company's\noperating performance.\nAdjusted Diluted EPS, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Free Cash Flow, Adjusted Gross Profit, Adjusted Gross Margin, Adjusted Net Income and FCF Conversion are non-\nGAAP financial measures, are not measurements of our financial performance or liquidity under U.S. GAAP and should not be considered as alternatives to net income, earnings per share,\nincome from operations, gross profit, gross margin, or any other performance measures determined in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as\nanalytical tools and you should not consider them in isolation or as substitutes for analysis of our results as reported under GAAP, but rather as supplemental information to our business\nresults. In addition, these non-GAAP financial measures may not be comparable to similarly titled measures of other companies due to potential differences in methods of calculation and\nitems or events being adjusted. Furthermore, other companies may use different measures to evaluate their performance, all of which could reduce the usefulness of these non-GAAP\nfinancial measures as tools for comparison.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "d8abb6e0-305d-4394-a34b-4ea9a1dc0701", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.0125, "w": 0.19375, "x": 0.74375, "y": 0.94375 }, "kind": "source-note", "text": "©2023 ENFUSION, ALL RIGHTS RESERVED.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2e4a393b-720a-4579-b04d-6585631ef9bb", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.01875, "w": 0.01875, "x": 0.9375, "y": 0.90625 }, "kind": "source-note", "text": "20", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7eabbe1c-f31d-4b49-abd1-a2c76ebe5711", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03125, "w": 0.24583333333333332, "x": 0.0375, "y": 0.0625 }, "kind": "title", "text": "Definitions", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "2020db01-28c9-4c82-89b3-b39dcbba621c", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 21, "from": 14, "beatId": "4e8b84ff-a1ea-46a5-ab6b-106f9b5b9168", "arcName": "The Sparkline", "arcSlug": "sparkline", "beatName": "Appendix", "beatSlug": null, "evidence": "The deck includes detailed financial data and disclosures", "position": 3, "confidence": 0.7, "parentBeatName": null, "parentBeatSlug": null } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }