Materialise Reports First Quarter 2024 Results

Reconciliation of Net Profit (Loss) to EBIT and Adjusted EBIT (Unaudited)

Reconciliation to Adjusted EBIT
for the three months ended,
March 31,
In 000€

2024

2023

Net profit (loss) for the period

3,585

 

3,715

 

Income taxes

510

 

718

 

Financial expenses

798

 

1,375

 

Financial income

(2,308

)

(809

)

EBIT

2,585

 

4,998

 

Share-based compensation expense (1)

71

 

-

 

Adjusted EBIT

2,656

 

4,998

 

(1) Share-based compensation expense represents the cost of equity-settled and share-based payments to employees.

Reconciliation of Net Profit (Loss) to EBITDA and Adjusted EBITDA (Unaudited)

Reconciliation to Adjusted EBITDA
for the three months ended
March 31,
In 000€

2024

2023

Net profit (loss) for the period

3,585

 

3,715

 

Income taxes

510

 

718

 

Financial expenses

798

 

1,375

 

Financial income

(2,308

)

(809

)

Depreciation and amortization

5,438

 

5,311

 

EBITDA

8,023

 

10,310

 

Share-based compensation expense (1)

71

 

-

 

Adjusted EBITDA

8,094

 

10,310

 

(1) Share-based compensation expense represents the cost of equity-settled and share-based payments to employees.

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