ATS End-to-End Automation Solutions Pitch
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
TM
//ATS
Q4
Q1
The following table reconciles the previously reported non-IFRS financial measures to reflect the exclusion of the stock-based compensation revaluation expenses:
(C$ mm)
Q2
Q3
Q4
Q1
Q2
Q3
F2022
F2023
F2023
F2023
F2023
F2024
F2024
F2024
Total stock-based compensation expense
$0.8
$(4.0)
$5.3
$9.9
$19.3
$10.0
$3.5
$4.7
Less: mark to market portion of stock-based
compensation
(4.2)
(8.3)
1.0
5.6
15.1
4.4
(2.0)
(0.6)
Base stock-based compensation expense
$5.0
$4.3
$4.3
$4.3
$4.2
$5.6
$5.5
$5.3
The following table reconciles the previously reported non-IFRS financial measures to reflect the exclusion of the stock-based compensation revaluation expenses:
(C$ mm)
Q4 F2022
Q1 F2023
Q2 F2023
Q3 F2023
Previously reported: adjusted earnings from
operations
$85.8
$87.5
$75.1
$80.6
Mark to market portion of stock-based
compensation
(4.2)
(8.3)
1.0
5.6
Revised: adjusted earnings from operations
$81.6
$79.2
$76.1
$86.2
Previously reported: adjusted EBITDA
$99.1
$100.8
$88.8
$95.1
Mark to market portion of stock-based
(4.2)
(8.3)
1.0
5.6
compensation
Revised: adjusted EBITDA
$94.9
$92.5
$89.8
$100.7
Previously reported: adjusted basic earnings per
share
$0.64
$0.64
$0.50
$0.52
Mark to market portion of stock-based
(0.05)
(0.09)
0.01
0.06
compensation
Tax impact of mark to market portion of stock-based
compensation
0.01
0.02
(0.02)
Revised: adjusted basic earnings per share
$0.60
$0.57
$0.51
$0.56
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