Cornerstone is a global leader in cloud-based learning and human capital management solutions. The presentation discusses Cornerstone's forward-looking statements and the associated risks and uncertainties. It provides Cornerstone's 2019 guidance which forecasts continued revenue growth driven by increased subscription revenue and improving operating margins and cash flow.
- Cornerstone is a global leader in cloud-based learning and human capital management (HCM) solutions.
- The presentation discusses Cornerstone's business strategies and provides forward-looking statements and associated risks.
- Key metrics like annual recurring revenue, total revenue, subscription revenue, operating margin, and unlevered free cash flow are highlighted showing Cornerstone's growth and improved profitability.
The document outlines an agenda for a Cornerstone Financial Analyst & Investor Day event. The agenda includes presentations on Cornerstone's business overview, opportunities in various markets and business units, financial review, and Q&A. It also includes forward-looking statements and risk factors. Jeff Lautenbach then summarizes Cornerstone's strategic plan to improve sales focus on recurring revenue, operating margins, new recurring revenue streams, leadership team, and governance. The plan aims to address past issues and drive growth.
This presentation discusses Cornerstone, a global leader in cloud-based learning and human capital management software. It highlights Cornerstone's growth strategy, large total addressable market, and progress in gaining market share. Cornerstone aims to capitalize on the growing demand for talent management solutions and the opportunity to cross-sell additional products to its existing customer base.
This document contains forward-looking statements about the company's plans, estimates, beliefs and assumptions. It notes that actual results may differ materially from what is projected. It also discusses non-GAAP financial measures used by the company to supplement GAAP reporting and provides reconciliations of non-GAAP measures. The document is intended for investors and analyzes the company's business model, growth opportunities, and financial performance.
The document outlines the agenda for Box's Financial Analyst Day on September 8, 2016. The agenda includes four presentations from Box executives on the company's platform and products: Aaron Levie will discuss how all work comes together on Box; Jeetu Patel will discuss Box as a platform for what's possible; Chris Yeh will discuss the enterprise content platform; and Dylan Smith will discuss driving long-term growth and profitability. There will also be a Q&A session with the executive team.
This profile is for an accomplished senior finance and operations management professional seeking a director-level position. He has over 24 years of experience driving growth, reducing costs, and building sustainable revenues. As CFO, he led all financial operations including budgeting, analysis, and cost containment. He has a proven track record of improving performance and profitability through strategic planning, process improvements, and productivity gains. His strengths include leadership, problem-solving, business development, and building strong business partnerships.
Wajahat Rasool has over 20 years of experience in finance and management roles in Saudi Arabia and Pakistan, including managing banking facilities of SR 4 billion and projects of SR 7 billion. He has extensive experience implementing ERP systems and internal controls, as well as uncovering a SR 20 million fraud. His career includes positions as Group Director of Finance, Finance Manager, and Group Finance Manager for various contracting, manufacturing, and financial companies.
Rajat Monga has 9 years of experience in IT pricing, finance, and transaction advisory. He currently works as a Senior Manager of Pricing and FP&A at EXL Service, where he leads pricing for the insurance vertical. He is responsible for pricing RFPs, contract renewals, and financial forecasting. Previously, he worked at HCL Technologies as an Associate Manager, evaluating large deals over $25M. He has a Bachelor's in Commerce from Delhi University and is a Chartered Accountant.
- Cornerstone is a global leader in cloud-based learning and human capital management (HCM) solutions.
- The presentation discusses Cornerstone's business strategies and provides forward-looking statements and associated risks.
- Key metrics like annual recurring revenue, total revenue, subscription revenue, operating margin, and unlevered free cash flow are highlighted showing Cornerstone's growth and improved profitability.
The document outlines an agenda for a Cornerstone Financial Analyst & Investor Day event. The agenda includes presentations on Cornerstone's business overview, opportunities in various markets and business units, financial review, and Q&A. It also includes forward-looking statements and risk factors. Jeff Lautenbach then summarizes Cornerstone's strategic plan to improve sales focus on recurring revenue, operating margins, new recurring revenue streams, leadership team, and governance. The plan aims to address past issues and drive growth.
This presentation discusses Cornerstone, a global leader in cloud-based learning and human capital management software. It highlights Cornerstone's growth strategy, large total addressable market, and progress in gaining market share. Cornerstone aims to capitalize on the growing demand for talent management solutions and the opportunity to cross-sell additional products to its existing customer base.
This document contains forward-looking statements about the company's plans, estimates, beliefs and assumptions. It notes that actual results may differ materially from what is projected. It also discusses non-GAAP financial measures used by the company to supplement GAAP reporting and provides reconciliations of non-GAAP measures. The document is intended for investors and analyzes the company's business model, growth opportunities, and financial performance.
The document outlines the agenda for Box's Financial Analyst Day on September 8, 2016. The agenda includes four presentations from Box executives on the company's platform and products: Aaron Levie will discuss how all work comes together on Box; Jeetu Patel will discuss Box as a platform for what's possible; Chris Yeh will discuss the enterprise content platform; and Dylan Smith will discuss driving long-term growth and profitability. There will also be a Q&A session with the executive team.
This profile is for an accomplished senior finance and operations management professional seeking a director-level position. He has over 24 years of experience driving growth, reducing costs, and building sustainable revenues. As CFO, he led all financial operations including budgeting, analysis, and cost containment. He has a proven track record of improving performance and profitability through strategic planning, process improvements, and productivity gains. His strengths include leadership, problem-solving, business development, and building strong business partnerships.
Wajahat Rasool has over 20 years of experience in finance and management roles in Saudi Arabia and Pakistan, including managing banking facilities of SR 4 billion and projects of SR 7 billion. He has extensive experience implementing ERP systems and internal controls, as well as uncovering a SR 20 million fraud. His career includes positions as Group Director of Finance, Finance Manager, and Group Finance Manager for various contracting, manufacturing, and financial companies.
Rajat Monga has 9 years of experience in IT pricing, finance, and transaction advisory. He currently works as a Senior Manager of Pricing and FP&A at EXL Service, where he leads pricing for the insurance vertical. He is responsible for pricing RFPs, contract renewals, and financial forecasting. Previously, he worked at HCL Technologies as an Associate Manager, evaluating large deals over $25M. He has a Bachelor's in Commerce from Delhi University and is a Chartered Accountant.
Armstrong World Industries held an investor day on May 21, 2014. The presentation included forward-looking statements and disclosures, and noted that actual results may differ materially from expectations. It provided an overview of Armstrong's businesses, strategic priorities, and financial performance. Armstrong aims to capitalize on recovery in North American construction through its manufacturing footprint and annuity from existing installations. It is also positioned for growth in international markets through recent investments. Innovation is a focus, with new product sales and patent activity increasing. [END SUMMARY]
Christopher Erickson has over 20 years of experience in senior finance roles, specializing in strategic planning, financial analysis, and business partnerships. He has worked in a variety of industries, including information technology, financial services, and government. Erickson has a proven track record of developing strategic plans that increase revenues, improve operational performance, and increase profitability. Throughout his career, he has helped businesses expand into new countries, reduce costs, improve processes, and increase growth. Currently, he is seeking a new senior finance role where he can apply his expertise in planning, analysis, and business partnerships.
- The document is an investor presentation from September 2017 that outlines the company's strategies and focus areas.
- The company has identified four focus areas to improve performance: evolving the customer experience, strengthening brand positioning, leveraging retail science, and sharpening financial principles.
- It is executing cost savings initiatives with a goal of $100-110 million in annual savings, having already achieved $30 million in the first year.
K. SRIJAYASANKAR has over 24 years of experience in finance and accounting roles. He is currently the Finance Manager at Al-Tajir Glass Industries in Dubai, where he oversees the finance function and a team of 5 people. Prior to this, he worked as the Finance Manager at Tamil Nadu Petro Products in India for 9 years, managing all finance and accounting functions. He has expertise in areas like budgeting, financial reporting, auditing, and working capital management. SRIJAYASANKAR is a Chartered Accountant and Cost Accountant with skills in ERP systems like SAP and Oracle.
I am a CPA with a strategic mindset as well as strong operational finance experience in regional business startup and expansion,. With a progressive experience from a Strategic Planning Manager to FC/CFO of SGX listed MNC, I have the unique experience to work as a finance lead in China & regional business startup and restructuring assignments.
- Atento reported strong financial results for Q4 and full year 2014, with 7.7% constant currency revenue growth and adjusted EBITDA margin expansion of 70 basis points to 13.3%.
- Revenue growth was driven by a 10.5% increase in Latin America, with double digit growth in the Americas region. Adjusted EBITDA grew 13.7% in constant currency terms.
- The company achieved significant margin improvements in Brazil through operational efficiencies and commercial initiatives, expanding adjusted EBITDA margin by 110 basis points over 2013.
This document provides an update to the company's 5-year corporate strategy for FY13-FY17. It summarizes progress on last year's strategy, which constituted a major course change to reinvigorate slowing growth. While some business units have fallen short of targets, the overall strategic direction remains consistent with last year's plan to focus on the core business, lay foundations for future growth, commit to long-term resource investment, and take a multi-year view of earnings. The strategy aims to address prior issues like a lack of customer centricity and decentralized operations.
This document provides a summary of Abolade OlaDejo's qualifications and experience. It outlines his contact information, marital status, place of birth, and skills including expertise in accounting, financial reporting standards, software like SAP and Oracle, and project management. It details his work history serving as Chief Finance Officer for Jagal Group Ltd since 2012 and prior roles at Lawsons Corporation and Channels Television. It also lists his educational background and qualifications in accounting, project management, and financial reporting standards.
This presentation summarizes Ingersoll Rand's 2018 EPG Conference, including forward-looking statements about projected 2018 performance. It notes key factors like global economic conditions that could impact projections. The presentation highlights Ingersoll Rand's strategy of tying to attractive end markets, franchise brands, sustained innovation, operational excellence, powerful cash flow generation, and shareholder value through capital allocation. It provides examples of business investments, recognition for sustainability and employee engagement, and a track record of revenue and margin growth with strong cash flows.
Aeroplan is transforming its Canadian coalition loyalty program model to focus on delivering greater member value. Key changes include introducing a new Distinction program that provides differentiated recognition and rewards to high-value members based on their spending levels and travel, reworking agreements with financial partners TD and CIBC to introduce enhanced credit cards and drive growth, and improving travel rewards to offer more availability and value for members. The transformations aim to strengthen Aeroplan's market leadership position by better engaging premium members and generating higher revenues over the long term.
- The document discusses Aimia's Q3 2013 financial highlights and year-to-date 2013 consolidated financial results. Key highlights include 7.4% growth in gross billings and 4.5% growth in adjusted EBITDA compared to last year.
- Gross billings growth was driven by strong performance in US & APAC (+29.5% cc) and Canada (+3.2%), partially offset by declines in EMEA (+1.7% cc).
- On a year-to-date basis, gross billings increased 4.9% to $1.7 billion. However, operating income declined due to a $683.6 million breakage adjustment related to changes in the
Evine investor presentation september 2017 finalevine2015
This document provides an investor presentation for Evine Live, Inc. It includes a safe harbor statement noting forward-looking statements are based on management expectations and are subject to uncertainties. It defines adjusted EBITDA as a non-GAAP measure excluding certain items to assess operating performance. The presentation provides an overview of the company, its leadership team, and reasons for investing including progress improving financial performance, paying down debt, converting to HD, and planned growth initiatives.
1. Masonite reported financial results for fiscal year 2013 with door volumes up 2.3%, net sales up 3.3%, and adjusted EBITDA up 8.8% compared to fiscal year 2012.
2. Wholesale customer unit volume increased double digits in 2013 while retail was down 19% due to the loss of Lowe's as a customer.
3. Consolidated results showed net sales of $1.731 billion and adjusted EBITDA of $105.9 million, with SG&A as a percentage of sales decreasing.
Syed Naveed Abbas is a Cost and Management Accountant with over 12 years of experience in finance roles. He currently serves as the Group Manager of Finance for VAIVAL Group of Companies in Pakistan. Prior to this, he held positions as Assistant Manager of Finance for Synergy Group of Companies and Assistant Manager of Internal Audit for Master Group of Companies. He has extensive experience in financial reporting, management accounting, budgeting, taxation and internal audit.
Masco Corporation presented at the J.P. Morgan 7th Annual Homebuilding and Building Products Conference on May 15, 2014. The presentation provided an overview of Masco's performance, strengths, opportunities and go forward plan. Masco delivered solid performance in 2013 with $8.2 billion in revenue and over $500 million in free cash flow. The presentation highlighted Masco's strengths in areas like brand leadership, innovation, market coverage and financial position. Opportunities discussed included fully leveraging core businesses, synergies across the portfolio, and actively managing the portfolio. Masco outlined plans for strategic review and communicating an updated strategy by the end of 2014.
Atento reported its fourth quarter and full year 2014 results. The company delivered strong financial results in 2014 with 7.7% revenue growth in constant currency terms and an adjusted EBITDA margin of 13.3%. Atento achieved margin expansion through improved operations productivity and reduced staff turnover. It also strengthened its balance sheet through deleveraging. Atento is well positioned for continued growth and margin expansion in 2015 based on its existing client base, closed contracts in 2014, and initiatives to drive efficiency and revenue growth.
Masonite provides an investor presentation summarizing its business strategies and financial results. The company is a global building products manufacturer with leadership positions in North America. It aims for balanced growth through strengthening its core business, organic growth initiatives, and strategic acquisitions. Masonite has transformed itself in recent years by rationalizing facilities, reducing headcount, and adopting lean manufacturing to drive efficiency.
The document provides talking points for Ameriprise Financial's first quarter 2007 earnings call. Key points include:
- Revenues grew 6% and adjusted earnings grew 16% over the previous year. Adjusted return on equity reached 12.2%.
- Total number of mass affluent and affluent clients grew 8% year-over-year and advisor productivity increased 18%.
- The company is focused on improving profitability by being more selective in hiring, enhancing advisor productivity, and retaining top advisors. Asset growth was strong across the business.
Chase Corporation is a leading manufacturer of protective materials for high-reliability applications. It has two business segments: Industrial Materials, which produces specialty tapes, coatings, and sealants for electronics, energy, and other industries; and Construction Materials, which supplies products for infrastructure projects like bridges, highways, and water/wastewater systems. Chase has transformed over time through acquisitions, investments in new technologies, and facility rationalization to strengthen its product portfolio and operational efficiency. The company pursues growth through both organic expansion and strategic acquisitions within its core protective materials markets.
This document discusses forward-looking statements and non-GAAP measures. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. Non-GAAP measures are presented in addition to GAAP measures and have limitations as tools for comparisons. The quarterly report and other SEC filings contain risk factors that could affect results. Forward-looking statements represent management's beliefs only as of the date of the presentation.
This presentation provides an overview of Cornerstone OnDemand's first quarter 2015 financial results and business strategy. Some key points include:
- Cornerstone has established itself as a global leader in SaaS talent management with clients in 191 countries, 42 languages supported, and over 18 million users.
- The company has a best-in-class product suite and a proven track record of strong revenue and client growth over time.
- Management sees opportunities to further penetrate the large underserved market by expanding into new industries, geographies, and company sizes around the world.
- Cornerstone also aims to deepen penetration within its existing client base by selling additional modules to current customers.
- The acquisition of Evolv is
The document discusses forward-looking statements and non-GAAP measures. It notes that forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially. It also states that non-GAAP financial measures should not be considered superior to GAAP measures and have limitations. Finally, it commits to updating forward-looking statements only as required by law except in cases where new information becomes available.
Armstrong World Industries held an investor day on May 21, 2014. The presentation included forward-looking statements and disclosures, and noted that actual results may differ materially from expectations. It provided an overview of Armstrong's businesses, strategic priorities, and financial performance. Armstrong aims to capitalize on recovery in North American construction through its manufacturing footprint and annuity from existing installations. It is also positioned for growth in international markets through recent investments. Innovation is a focus, with new product sales and patent activity increasing. [END SUMMARY]
Christopher Erickson has over 20 years of experience in senior finance roles, specializing in strategic planning, financial analysis, and business partnerships. He has worked in a variety of industries, including information technology, financial services, and government. Erickson has a proven track record of developing strategic plans that increase revenues, improve operational performance, and increase profitability. Throughout his career, he has helped businesses expand into new countries, reduce costs, improve processes, and increase growth. Currently, he is seeking a new senior finance role where he can apply his expertise in planning, analysis, and business partnerships.
- The document is an investor presentation from September 2017 that outlines the company's strategies and focus areas.
- The company has identified four focus areas to improve performance: evolving the customer experience, strengthening brand positioning, leveraging retail science, and sharpening financial principles.
- It is executing cost savings initiatives with a goal of $100-110 million in annual savings, having already achieved $30 million in the first year.
K. SRIJAYASANKAR has over 24 years of experience in finance and accounting roles. He is currently the Finance Manager at Al-Tajir Glass Industries in Dubai, where he oversees the finance function and a team of 5 people. Prior to this, he worked as the Finance Manager at Tamil Nadu Petro Products in India for 9 years, managing all finance and accounting functions. He has expertise in areas like budgeting, financial reporting, auditing, and working capital management. SRIJAYASANKAR is a Chartered Accountant and Cost Accountant with skills in ERP systems like SAP and Oracle.
I am a CPA with a strategic mindset as well as strong operational finance experience in regional business startup and expansion,. With a progressive experience from a Strategic Planning Manager to FC/CFO of SGX listed MNC, I have the unique experience to work as a finance lead in China & regional business startup and restructuring assignments.
- Atento reported strong financial results for Q4 and full year 2014, with 7.7% constant currency revenue growth and adjusted EBITDA margin expansion of 70 basis points to 13.3%.
- Revenue growth was driven by a 10.5% increase in Latin America, with double digit growth in the Americas region. Adjusted EBITDA grew 13.7% in constant currency terms.
- The company achieved significant margin improvements in Brazil through operational efficiencies and commercial initiatives, expanding adjusted EBITDA margin by 110 basis points over 2013.
This document provides an update to the company's 5-year corporate strategy for FY13-FY17. It summarizes progress on last year's strategy, which constituted a major course change to reinvigorate slowing growth. While some business units have fallen short of targets, the overall strategic direction remains consistent with last year's plan to focus on the core business, lay foundations for future growth, commit to long-term resource investment, and take a multi-year view of earnings. The strategy aims to address prior issues like a lack of customer centricity and decentralized operations.
This document provides a summary of Abolade OlaDejo's qualifications and experience. It outlines his contact information, marital status, place of birth, and skills including expertise in accounting, financial reporting standards, software like SAP and Oracle, and project management. It details his work history serving as Chief Finance Officer for Jagal Group Ltd since 2012 and prior roles at Lawsons Corporation and Channels Television. It also lists his educational background and qualifications in accounting, project management, and financial reporting standards.
This presentation summarizes Ingersoll Rand's 2018 EPG Conference, including forward-looking statements about projected 2018 performance. It notes key factors like global economic conditions that could impact projections. The presentation highlights Ingersoll Rand's strategy of tying to attractive end markets, franchise brands, sustained innovation, operational excellence, powerful cash flow generation, and shareholder value through capital allocation. It provides examples of business investments, recognition for sustainability and employee engagement, and a track record of revenue and margin growth with strong cash flows.
Aeroplan is transforming its Canadian coalition loyalty program model to focus on delivering greater member value. Key changes include introducing a new Distinction program that provides differentiated recognition and rewards to high-value members based on their spending levels and travel, reworking agreements with financial partners TD and CIBC to introduce enhanced credit cards and drive growth, and improving travel rewards to offer more availability and value for members. The transformations aim to strengthen Aeroplan's market leadership position by better engaging premium members and generating higher revenues over the long term.
- The document discusses Aimia's Q3 2013 financial highlights and year-to-date 2013 consolidated financial results. Key highlights include 7.4% growth in gross billings and 4.5% growth in adjusted EBITDA compared to last year.
- Gross billings growth was driven by strong performance in US & APAC (+29.5% cc) and Canada (+3.2%), partially offset by declines in EMEA (+1.7% cc).
- On a year-to-date basis, gross billings increased 4.9% to $1.7 billion. However, operating income declined due to a $683.6 million breakage adjustment related to changes in the
Evine investor presentation september 2017 finalevine2015
This document provides an investor presentation for Evine Live, Inc. It includes a safe harbor statement noting forward-looking statements are based on management expectations and are subject to uncertainties. It defines adjusted EBITDA as a non-GAAP measure excluding certain items to assess operating performance. The presentation provides an overview of the company, its leadership team, and reasons for investing including progress improving financial performance, paying down debt, converting to HD, and planned growth initiatives.
1. Masonite reported financial results for fiscal year 2013 with door volumes up 2.3%, net sales up 3.3%, and adjusted EBITDA up 8.8% compared to fiscal year 2012.
2. Wholesale customer unit volume increased double digits in 2013 while retail was down 19% due to the loss of Lowe's as a customer.
3. Consolidated results showed net sales of $1.731 billion and adjusted EBITDA of $105.9 million, with SG&A as a percentage of sales decreasing.
Syed Naveed Abbas is a Cost and Management Accountant with over 12 years of experience in finance roles. He currently serves as the Group Manager of Finance for VAIVAL Group of Companies in Pakistan. Prior to this, he held positions as Assistant Manager of Finance for Synergy Group of Companies and Assistant Manager of Internal Audit for Master Group of Companies. He has extensive experience in financial reporting, management accounting, budgeting, taxation and internal audit.
Masco Corporation presented at the J.P. Morgan 7th Annual Homebuilding and Building Products Conference on May 15, 2014. The presentation provided an overview of Masco's performance, strengths, opportunities and go forward plan. Masco delivered solid performance in 2013 with $8.2 billion in revenue and over $500 million in free cash flow. The presentation highlighted Masco's strengths in areas like brand leadership, innovation, market coverage and financial position. Opportunities discussed included fully leveraging core businesses, synergies across the portfolio, and actively managing the portfolio. Masco outlined plans for strategic review and communicating an updated strategy by the end of 2014.
Atento reported its fourth quarter and full year 2014 results. The company delivered strong financial results in 2014 with 7.7% revenue growth in constant currency terms and an adjusted EBITDA margin of 13.3%. Atento achieved margin expansion through improved operations productivity and reduced staff turnover. It also strengthened its balance sheet through deleveraging. Atento is well positioned for continued growth and margin expansion in 2015 based on its existing client base, closed contracts in 2014, and initiatives to drive efficiency and revenue growth.
Masonite provides an investor presentation summarizing its business strategies and financial results. The company is a global building products manufacturer with leadership positions in North America. It aims for balanced growth through strengthening its core business, organic growth initiatives, and strategic acquisitions. Masonite has transformed itself in recent years by rationalizing facilities, reducing headcount, and adopting lean manufacturing to drive efficiency.
The document provides talking points for Ameriprise Financial's first quarter 2007 earnings call. Key points include:
- Revenues grew 6% and adjusted earnings grew 16% over the previous year. Adjusted return on equity reached 12.2%.
- Total number of mass affluent and affluent clients grew 8% year-over-year and advisor productivity increased 18%.
- The company is focused on improving profitability by being more selective in hiring, enhancing advisor productivity, and retaining top advisors. Asset growth was strong across the business.
Chase Corporation is a leading manufacturer of protective materials for high-reliability applications. It has two business segments: Industrial Materials, which produces specialty tapes, coatings, and sealants for electronics, energy, and other industries; and Construction Materials, which supplies products for infrastructure projects like bridges, highways, and water/wastewater systems. Chase has transformed over time through acquisitions, investments in new technologies, and facility rationalization to strengthen its product portfolio and operational efficiency. The company pursues growth through both organic expansion and strategic acquisitions within its core protective materials markets.
This document discusses forward-looking statements and non-GAAP measures. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. Non-GAAP measures are presented in addition to GAAP measures and have limitations as tools for comparisons. The quarterly report and other SEC filings contain risk factors that could affect results. Forward-looking statements represent management's beliefs only as of the date of the presentation.
This presentation provides an overview of Cornerstone OnDemand's first quarter 2015 financial results and business strategy. Some key points include:
- Cornerstone has established itself as a global leader in SaaS talent management with clients in 191 countries, 42 languages supported, and over 18 million users.
- The company has a best-in-class product suite and a proven track record of strong revenue and client growth over time.
- Management sees opportunities to further penetrate the large underserved market by expanding into new industries, geographies, and company sizes around the world.
- Cornerstone also aims to deepen penetration within its existing client base by selling additional modules to current customers.
- The acquisition of Evolv is
The document discusses forward-looking statements and non-GAAP measures. It notes that forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially. It also states that non-GAAP financial measures should not be considered superior to GAAP measures and have limitations. Finally, it commits to updating forward-looking statements only as required by law except in cases where new information becomes available.
Csod investor deck first quarter 2015 finalircornerstone
This presentation summarizes Cornerstone OnDemand's second quarter 2015 investor presentation. It discusses Cornerstone's position as a global leader in SaaS talent management with clients in 191 countries. The presentation highlights Cornerstone's best-of-breed product suite and established market leadership according to various analyst reports. It also outlines Cornerstone's growth strategy of increasing both market breadth and client penetration to reach $1 billion in revenue.
This investor presentation summarizes Cornerstone OnDemand's financial performance and growth strategy to reach $1 billion in revenue. It discusses Cornerstone's established market leadership in talent management software, strong financial results with recurring revenue and high retention rates, and two paths to reach $1 billion by either increasing their market breadth through global expansion and new clients, or increasing client penetration of their existing product suite within the large installed base. The presentation outlines Cornerstone's organic growth, competitive differentiation, and recent acquisition of Evolv to enhance analytics capabilities and accelerate their workforce planning strategy.
In 3 sentences:
Aimia reported strong financial results for Q4 2014 and FY 2014, meeting or exceeding guidance across key metrics like gross billings and adjusted EBITDA. The Aeroplan program transformation delivered exceptional growth results but also impacted margins as expected due to factors like welcome bonus miles and marketing programs. While some challenges were expected from economic factors in certain regions, Aimia provided guidance for continued growth in 2015 supported by its global coalition programs and proprietary loyalty solutions.
This document discusses forward-looking statements and non-GAAP measures. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. Non-GAAP measures are presented in addition to GAAP measures and have limitations when used as comparisons. The company assumes no obligation to update forward-looking statements except as required by law.
Cornerstone provides a corporate overview and highlights for the second quarter of 2015. It discusses its evolution over the past 15 years from a smaller company focused on learning into a global leader in talent management solutions. Cornerstone has a large addressable market opportunity of over $31 billion given the changing nature of work. It has achieved strong growth across key metrics like revenue, clients, and users in recent years through organic growth and strategic acquisitions. Cornerstone is well positioned for continued growth by leveraging opportunities in new market segments, industries, its installed base, and emerging technologies like big data and its new platform.
Cornerstone provides a corporate overview and highlights for the second quarter of 2015. It discusses its evolution over the past 15 years from a smaller company focused on learning into a global leader in talent management solutions. Cornerstone has a large addressable market opportunity of over $31 billion given the changing nature of work. It has achieved strong growth across key metrics like revenue, clients, and users in recent years through organic growth and strategic acquisitions. Cornerstone is well positioned for continued growth by leveraging opportunities in new market segments, industries, its installed base, and emerging technologies like big data and its platform. It is focused on achieving profitability and has a clear path to do so given its strong momentum, revenue per user growth,
Cornerstone provides a corporate overview and highlights of its second quarter 2016 performance. It discusses its evolution over the past 16 years from 4 employees to over 2,500 clients and 25 million users today. Cornerstone also outlines its strong financial results with continued growth in revenue, bookings, clients, and users. It shares its vision and strategy to achieve $1 billion in revenue by continuing its leadership in the talent management market and pursuing opportunities in new industries, geographies, market segments, and with its large installed base.
Cornerstone provides a corporate overview and highlights of its first quarter 2016 performance. It discusses its evolution over the past 16 years from a smaller startup to a global leader in talent management solutions. Cornerstone has grown significantly in terms of revenue, clients, users, and geographic reach. It also discusses opportunities for continued growth through further penetrating its existing client base, expanding into new markets and industry verticals, and developing new solutions. Cornerstone's vision is to continue innovating and reach $1 billion in revenue by leveraging its massive talent data and open platform approach.
Csod investor deck first quarter fina lv3ircornerstone
Cornerstone provides a corporate overview and financial results for the first quarter of 2016. It discusses its evolution from 1999 to the present day with over 2,500 clients, 23 million users, and a global footprint. Cornerstone also reviews its market leadership position, strong growth across key metrics, and clear path to profitability. It outlines the large and growing market opportunity in talent management and its strategies to continue expanding globally, penetrating its large installed base, and pursuing new opportunities in extended enterprise solutions and beyond 2016.
- Thinkific provides an online platform that allows entrepreneurs and businesses to create and sell online courses and other learning products.
- In Q4 2021, Thinkific's annual recurring revenue grew 43% year-over-year to $43.8 million. The average revenue per user also grew 9% to $114 per month.
- For the full year 2021, Thinkific's revenue increased 81% to $38.1 million compared to 2020, while gross merchandise volume processed through the platform grew 50% to $414.8 million.
This document discusses forward-looking statements and non-GAAP measures. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. It also states that non-GAAP financial measures should not be considered superior to GAAP measures. The document is intended to provide context for a presentation discussing an company's financial performance and outlook.
This document discusses forward-looking statements and non-GAAP measures. It notes that forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially. It also states that non-GAAP financial measures should not be considered superior to GAAP measures and have limitations. The document is intended to provide context for a presentation that includes these types of statements and measures.
The document discusses forward-looking statements and non-GAAP measures. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to differ materially. Non-GAAP measures are presented in addition to GAAP measures and have limitations as tools for comparison. The company assumes no obligation to update forward-looking statements except as required by law.
Csod investor deck second quarter finalircornerstone
This presentation provides an overview of Cornerstone OnDemand's corporate strategy and financial performance. It discusses Cornerstone's evolution over the past 15 years from a smaller company focused on learning management to a global leader in talent management solutions. The presentation highlights Cornerstone's growing customer base, expanding global footprint, and market opportunities in new industries, geographies, and talent management areas. Financial metrics show strong, consistent growth in revenue, bookings, and revenue per user over recent years.
Csod investor deck second quarter finalircornerstone
Cornerstone provides a corporate overview and highlights of its second quarter 2016 performance. It discusses its evolution over the past 16 years from 4 employees to over 2,500 clients and 25 million users today. Cornerstone also reviews its strong financial results with continued growth in revenue, bookings, clients, and users. It outlines opportunities for further growth through continued core sales, global expansion, new market segments, industries, and maximizing its large installed base.
- Workday reported financial results for Q1 FY23 with total revenue of $1.43B, up 22% year-over-year, and subscription revenue of $1.27B, up 23% year-over-year.
- Non-GAAP operating margin for Q1 FY23 was 20.1%, down 450 basis points from the prior year.
- For Q2 FY23, Workday expects total revenue between $1.517-1.519B, up 20-21% year-over-year, and non-GAAP operating margin of 17.5%, down 570 basis points.
- For FY23, Workday expects total revenue between
The document discusses the benefits of meditation for reducing stress and anxiety. Regular meditation practice can help calm the mind and body by lowering heart rate and blood pressure. Making meditation a part of a daily routine, even if just 10-15 minutes per day, can have mental and physical health benefits over time by reducing stress levels and promoting relaxation.
The document discusses the benefits of meditation for reducing stress and anxiety. Regular meditation practice can help calm the mind and body by lowering heart rate and blood pressure. Studies have shown that meditating for just 10-20 minutes per day can have significant positive impacts on both mental and physical health over time.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like depression and anxiety.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost feelings of calmness, happiness and focus.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the results of a study on the impact of climate change on global wheat production. Researchers found that rising temperatures will significantly reduce wheat yields across different regions of the world by the end of the century. Under a high emissions scenario, wheat production is projected to decrease between 6-27% globally depending on the region, posing substantial risks to global food security.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Csod investor deck third quarter fina lv5-fixedircornerstone
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Csod investor deck third quarter fina lv2ircornerstone
This document provides a corporate overview and quarterly report for Third Quarter 2016. It begins with a safe harbor statement noting that the document contains forward-looking statements subject to risks and uncertainties. It then provides an overview of Cornerstone's evolution from 1999 to the present day in 2016, highlighting acquisitions, growth in users and clients, global expansion, and product portfolio expansion. Financial metrics are presented showing strong revenue, bookings and client growth from 2007 to 2015. The opportunity for continued growth is discussed through core market sales, global expansion, market segmentation, vertical opportunities, installed base opportunities, and extending to the extended enterprise. The presentation concludes by discussing Cornerstone's vision for the future beyond 2016 through analytics, predictive capabilities, and
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost feelings of calmness, happiness and focus.
Csod investor deck first quarter fina lv2ircornerstone
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow and levels of neurotransmitters and endorphins which elevate and stabilize mood.
Csod investor deck third quarter1052015ircornerstone
Cornerstone provides a corporate overview and highlights its evolution over the past 15 years. It discusses the opportunity in the market to address changing work needs. Cornerstone has grown to over 2,000 clients, 22 million users, and a presence in 191 countries. It aims to reach $1 billion in revenue by continuing to innovate and expand across market segments, industries, and within its existing client base.
Bienestar Financiero al servicio de su jubilación anticipada
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Estudio de sus hijos
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Link de registro
https://business.myinfinity.global/maurod8/
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UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
Protecting Privacy in CDR Analysis: Best Practices from Experts
Csod investor deck 2019 q1 v4
1. NASDAQ: CSOD
As of May 7, 2019
Global Leader in
Cloud-Based Learning and HCM
2. This presentation includes forward-looking statements. These statements relate to, among other things, our future financial and operating performance, including our GAAP and non-GAAP
guidance, the growth of the learning and human capital management market, our business strategy, and our plans and objectives for future operations. In light of the risks and uncertainties
outlined below, the future events and circumstances discussed in this presentation may not occur, and actual results could differ materially from those anticipated or implied in the forward-looking
statements. The Company has based these forward-looking statements largely on its current expectations and projections about future events and financial trends affecting its business. Forward-
looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will
be achieved. Forward-looking statements are based on information available at the date of this presentation and management’s good faith belief as of such date with respect to future events,
and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important
factors that could cause such differences include, but are not limited to:
• Statements regarding the Company’s business strategies;
• The Company’s anticipated future operating results and operating expenses;
• The Company’s ability to attract new clients to enter into subscriptions for its solution;
• The Company’s ability to service those clients effectively and induce them to renew and upgrade their deployments of the Company’s solution;
• The Company’s ability to expand its sales organization to address effectively the new industries, geographies and types of organizations the company intends to target;
• The Company’s ability to accurately forecast revenue and appropriately plan its expenses; market acceptance of enhanced solutions, alternate ways of addressing learning and talent
management needs or new technologies generally by the Company and its competitors; continued acceptance of SaaS as an effective method for delivering learning and talent management
solutions and other business management applications; the attraction and retention of qualified employees and key personnel;
• The Company’s ability to protect and defend its intellectual property; costs associated with defending intellectual property infringement and other claims; events in the markets for the
Company’s solution and alternatives to the Company’s solution, as well as in the United States and global markets generally; future regulatory, judicial and legislative changes in the Company’s
industry; changes in the competitive environment in the Company’s industry and the markets in which the Company operates; and other factors discussed under “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s periodic reports filed with the Securities and Exchange Commission (the “SEC”).
Forward-looking statements speak only as of the date of this presentation. You should not put undue reliance on any forward-looking statement. The Company assumes no obligation to update
any forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting future performance or results, except to the extent required by applicable
laws. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking
statements.
In addition to U.S. GAAP financials, this presentation includes certain non-GAAP financial measures. These non-GAAP financial measures are in addition to, not a substitute for or superior to,
measures of financial performance prepared in accordance with U.S. GAAP. Please see the discussion of these non-GAAP financial measures and their reconciliations to the most directly
comparable U.S. GAAP measures at the end of this presentation.
Safe Harbor
2
4. First Quarter 2019 Achievements
4
1
2
3
4
Strategic Plan Value Creation
Focus on recurring revenue and
exit enterprise service delivery
✓ Q1 Subscription revenue growth of 16% YoY (18% cc YoY)
✓ Subscription revenue 94% of total revenue, up from 85% in 2018
Improve operating margins and
cash flow
✓ Q1 Operating Margin improved to 14% from 10% in 2018
✓ Unlevered FCF margin improved to 3% from (8%) in 2018
Create new recurring revenue
streams, including aggressively
entering the content market
✓ Strong growth in average deal sizes and uptick in large deals
✓ Launched new Content Anytime Packages
Bolster the team
✓ New, tenured leadership including managing director of
Japan, Chief Accounting Officer, VP of Finance and
Corporate Development
Source: 1Q19 results as of March 31, 2019
5. 5
Successful Exit from Enterprise Services
Total Revenue
(in millions)
$19 $20
$9
$93
$113 $131
1Q17 1Q18 1Q19
Services Subscription
$112
$133
$140
6. Key Metrics: The Cornerstone Transformation
$439
$510
$578 - $590
2017 2018 2019E
Annual Recurring Revenue (ARR)
Note: FY19 Guidance ranges as of May 7, 2019.
GAAP to Non-GAAP Reconciliation is located in the Appendix
6
$482
$538
$562 - $570
2017 2018 2019E
Total Revenue
$397
$473
$537 - $545
2017 2018 2019E
Subscription Revenue
6%
12%
14-15%
2017 2018 2019E
Non-GAAP Operating Margin
9%
12%
15-16%
2017 2018 2019E
Unlevered FCF Margin
($ in millions)
8. 8
Global Reach
CLIENTS
3,500+
USERS
40M+
COUNTRIES
190+
LANGUAGES
43
OFFICES
21
Sunnyvale
Santa Monica
Sao Paulo
Madrid
Paris
London
Stockholm
Dusseldorf
Munich
Tel Aviv
Bangalore
Mumbai
Hong Kong
Tokyo
Sydney
Auckland
Singapore
Amsterdam
Note: User and client count figures exclude PiiQ, Cornerstone for Salesforce, Workpop Inc. and Grovo Learning, Inc.
As of March 31, 2019
Salt Lake
City
New York
City
San Francisco
Mexico City
15. 15
RECRUITING SUITE
• APPLICANT TRACKING
• CAREER SITES
• INTERVIEW MANAGEMENT
• ENABLE FRONTLINE MANAGERS
• CANDIDATE SCREENING
• NEW HIRE ONBOARDING
PERFORMANCE SUITE
• CONTINUOUS DEVELOPMENT
• PREDICTIVE SUCCESSION PLANNING
• INTERNAL TALENT MOBILITY
• SMART COMPENSATION PLANNING
• INTUITIVE DATA VISUALIZATIONS
• PULSE ENGAGEMENT SURVEYS
LEARNING SUITE
• LEARNING MANAGEMENT
• CERTIFICATIONS
• CONNECT & COLLABORATE
• INSIGHTS
• LEARNING EXPERIENCE
• CONTENT
HR SUITE
• CENTRALIZED VIEW OF GLOBAL WORKFORCE
• HEADCOUNT PLANNING
• ANALYTICS & REPORTING
• BENCHMARK TALENT METRICS
• FLEXIBLE DEPLOYMENT
• SIMPLE & INTUITIVE UI
Cornerstone’s HCM Product Suites
A Unified Platform for the Skills Economy
16. Cornerstone Recruiting
• Understand your hiring
pipeline
• Source and manage
candidates
• Efficiency with automation
• Provide a positive
candidates experience
• Promote talent mobility and
development
Next-generation Recruiting to
Hire Across the Skills Divide
16
17. 17
Cornerstone Learning
• Configurable, yet simple
Learning Management
• The next generation of Learning
Experience
• Content you can’t get
anywhere else
The World’s Most Robust
Learning Platform
18. 18
Cornerstone Performance
• Maintain alignment to drive
business outcomes
• Foster a culture of talent mobility
• Reward and recognize high
performers
Drive results with Continuous
Performance Development
19. 19
Cornerstone HR
• View & manage all employee
records in one place
• Empower employees to
manage personal data
• Proactively seek out top
performers
• Create headcount forecasts
• Get a global view of your
organization
Centralizes HR Administration
into a Single, Modern System
20. Collections of Content
You Can’t Get Anywhere Else
Wide Partner
Ecosystem
with a variety of modalities,
topics, and titles
Intelligently Curated
Subscriptions
built to solve specific
business needs
[Playlists included with each
subscription]
Seamlessly Purchased
& Loaded
for enhanced user
experience
[We handle metadata, thumbnails,
content upload]
Subject-Matter
Experts
to listen to your business
needs and recommend
the right content
Client
Curated
Subscriptions
Integrated
with LXP
Content
Consultants
Best-of-breed
Partners
20
23. 23
Cornerstone's Second Act:
$40 Billion Market Opportunity
$3.6B
$6B
$16
$25
Founding to IPO IPO to 2017 2018
Learning Systems Market Full Talent Management HCM Content
~$40B
2018 and Beyond:
Cornerstone Operates in Two Markets
20-Year Start up
Source: Training Industry Report (2017); Company estimates and WW HCM Apps Forecast, IDC WW Tracker, June 2018 Report
25. 25
Installed Base Opportunity
0
500
1,000
1,500
2,000
2,500
3,000
3,500
Learning Performance Recruiting Cornerstone HR
Existing Client Penetration Client Opportunity
NumberofClients
50% penetration
among other
suites results in
incremental
$500M
ARR opportunity
Calculated based on 3,567 clients with approximately 12,000 users on average
Four Key Pillars, each a suite, and half of it GREENFIELD
26. Content at Scale
Sizing the Content Opportunity for Cornerstone
~$250M
ARR Opportunity Today
Today’s ARR
Opportunity
26
28. 28
Opportunity Exists to Capitalize
on the Managing Director Model
We have shifted to a country-specific GTM approach
Australia & New Zealand Japan Asia
Singapore (ASEAN)
Hong Kong
South Korea
29. 29
Cornerstone HR’s
Impact on Deals
in EMEA
*EMEA deals in 2018
Average deal values converted from local currency to USD
Average Suites Purchased
Average RPU
• EMEA clients that purchased
Cornerstone HR on average buy
~2x more product suites
• Cornerstone HR increases ARPU
by ~2x
1.7
3.6
Without Cornerstone HR With Cornerstone HR
~$30
~$65
Without Cornerstone HR With Cornerstone HR
30. 14% 12% 15% 13%
5%
14%
19%
13% 13%
18%
22%
19%
19%
16%
16%
13%
13%
10% 9%
7%
64% 69% 66% 71%
79%
73% 68%
77% 78% 75%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
TCPU Public Admin Financial
Services
Retail Higher Ed Other Services Healthcare Manufacturing High-Tech AMC
Replace Upgrade Do Nothing
Finding the Blue Ocean in Core HR
Source: Sierra Cedar 2015–2016 HR Systems Survey 18th Annual Edition
Cornerstone HR is attempting to address the “do nothing” segment vs. upgrade
(primarily PeopleSoft) & replace (primarily Workday & SAP)
30
33. 2019 Guidance
33
OTHER:
1. GBP to USD 1.32
EUR to USD 1.12
2. 5% FX Δ = $5 ARR / $6 Revenue
3. Net Interest Expense(2):
• GAAP $15
• Non-GAAP $11
4. Cash Interest Paid $17
5. Shares outstanding increases from
60M to 66M when Net Income is
positive
6. Income tax expense $3M
7. SBC as % of revenue ~13%, versus
prior year of 11%
8. Capex ~4% of revenue
(Dollar in millions)
Notes:
1. Reflects guidance issued as of February 12, 2019.
2. Reflects guidance issued as of May 7, 2019.
3. Denotes a non-GAAP metric
4. Net Interest Expense is Gross Interest Expense less Interest Income
2018 Actual
Prior
2019 Guidance(1)
Current
2019 Guidance(2)
ARR(1)
Growth
$510 $575 - $590
13-16% / 13-16% CC
$578 - $590
13-16% / 14-16% CC
Total Revenue
Growth
$538 $558 - $568
4-6% / 5-7% CC
$562 - $570
4-6% / 5-7% CC
Subscription Revenue
Growth
$473 $533 - $543
13-15% / 14-16% CC
$537 - $545
14-15% / 14-16% CC
Professional Services
Revenue
$65 Down ~60% Down ~60%
Operating Profit(3)
Margin
$63
12%
$74 - $84
13-15%
$78 - $85
14-15%
Unlevered
Free Cash Flow(4)
Margin
$63
12%
$82 - $92
15-16%
$84 - $92
15-16%
34. Q2 2018 Actual Q2 2019 Guidance(1)
Total Revenue
Growth
$133 $137 - $140
3-6% / 5-7% CC
Subscription Revenue
Growth
$118 $131 - $133
14-16% / 15-17% CC
Professional Consulting
Services Revenue
$18 Down ~60%
Operating Profit(2)
Margin
$13
10%
Operating Margin in low
double-digits
Unlevered Free Cash Flow(3)
Margin
$8
6%
uFCF Margin in mid
single-digits
Q2 2019 Guidance
34
OTHER:
1. GBP to USD 1.32
EUR to USD 1.12
2. Net Interest Expense(2):
• GAAP $4
• Non-GAAP $3
3. Shares outstanding increases
from 60M to 66M when Net
Income is positive
4. Capex primarily in 1H for
tenant improvement build-
outs
(Dollar in millions)
Note:
1. Reflects guidance issued as of May 7, 2019
2. Denotes a non-GAAP metric
3. Net Interest Expense is Gross Interest Expense less Interest Income
35. 2020 Growth/Profitability Framework
Note: FY19 guidance updated as of May 7, 2019. 35
2020 Framework
FY18
Actual
FY19
Guidance
Low
Growth
Moderate
Growth
High
Growth
Subscription Revenue
Growth
19% 14-15% < 10% 10 - 20% 21 - 30%
Non-GAAP Operating
Margin
12% 14-15% 30%+ 18 - 28% 12 - 22%
Unlevered Free Cash
Flow Margin
12% 15-16% 30%+ 20 - 30% 15 - 25%
2020 ‘Moderate Growth’ Target Assumes ~$150M in uFCF and ~$2.00 Per Share
36. GAAP to Non-GAAP Reconciliation
36
Q1'18 Q2'18 Q3'18 Q4'18 Q1'19 FY16 FY17 FY18
(Loss) income from operations (8,846) (3,095) 1,574 2,598 1,231 (56,342) (49,256) (7,769)
Stock-based compensation 14,043 15,283 15,489 15,515 17,045 54,699 65,830 60,330
Amortization of intangible assets - - 208 625 1,286 9,290 7,421 833
Restructuring 7,725 1,000 221 - - - 1,539 8,946
Acquisition costs - - 352 705 - - - 1,057
Non-GAAP operating income 12,922 13,188 17,844 19,443 19,562 7,647 26,873 63,397
Operating margin (6.6%) (2.3%) 1.2% 1.9% 0.9% (13.3%) (10.2%) (1.4%)
Non-GAAP operating income margin 9.7% 10.0% 13.3% 14.1% 14.0% 1.8% 5.6% 11.8%
Net cash (used in) provided by operating activities (4,580) 17,228 32,617 44,987 7,294 35,252 67,510 90,253
Capital expenditures (2,559) (5,068) (2,534) (4,734) (4,243) (6,228) (7,100) (14,895)
Capitalized software costs (6,039) (6,263) (6,641) (6,572) (7,399) (16,409) (20,571) (25,515)
Cash paid for interest 3,000 2,003 8,625 - 8,685 3,796 3,841 13,628
Unlevered free cash flow (10,178) 7,900 32,067 33,681 4,337 16,411 43,680 63,471
Unlevered free cash flow margin (7.6%) 6.0% 23.9% 24.4% 3.1% 3.9% 9.1% 11.8%
RECONCILIATION OF NET CASH (USED IN) PROVIDED BY OPERATING
ACTIVITIES TO UNLEVERED FREE CASH FLOW AND UNLEVERED FREE CASH
FLOW MARGIN
FY 2018 Full YearRECONCILIATION OF OPERATING (LOSS) INCOME AND OPERATING
MARGIN TO NON-GAAP OPERATING INCOME AND NON-GAAP
OPERATING MARGIN
FY 2019
38. Investment Summary
Organically-developed, best-of-breed SaaS platform
Huge, untapped market opportunity
Industry-leading customer retention
Highly scalable business
Top line growth with significant profitability improvement
A leader in cloud-based learning and human capital management
Transformation into a high-margin growth company
38