LegalZoom.com Results Presentation Deck
LegalZoom.com, Inc. Disclaimer (Continued)
About Non-GAAP Financial Measures
This presentation includes certain non-GAAP financial measures including Adjusted EBITDA, Adjusted EBITDA margin, non-GAAP net income (loss), non-GAAP net income (loss)
margin, adjusted gross profit, adjusted gross profit margin, certain non-GAAP expenses (including non-GAAP cost of revenue, Non-GAAP sales and marketing, non-GAAP technology
and development, and non-GAAP general and administrative), free cash flow, free cash flow margin, unlevered free cash flow, and unlevered free cash flow margin. To supplement
our consolidated financial statements, which are prepared and presented in accordance with U.S. generally accepted accounting principles, or GAAP, we use certain non-GAAP
financial measures, as described below, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may be different from similarly titled
measures used by other companies, are presented to enhance investors' overall understanding of our financial performance and liquidity and should not be considered a substitute
for, or superior to, the financial information prepared and presented in accordance with GAAP. We believe that these non-GAAP financial measures provide useful information about
our financial performance and liquidity, enhance the overall understanding of our past performance and future prospects and allow for greater transparency with respect to
important measures used by our management for financial and operational decision-making. We are presenting these non-GAAP measures to assist investors in seeing our financial
performance using a management view and because we believe that these measures provide an additional tool for investors to use in comparing our core financial performance over
multiple periods with other companies in our industry. The tables in the Appendix contain more details on the GAAP financial measures that are most directly comparable to non-
GAAP financial measures and the related reconciliations between these financial measures. In addition, please see our earnings release and our filings with the SEC for the definitions
of these non-GAAP financial measures and limitations on the use of such non-GAAP financial measures.
Z
3View entire presentation