Slide 1: New Reporting Segmentation for 2019 and Proforma 2018 Financials
NEW REPORTING SEGMENTATION FOR 2019 AND PROFORMA 2018 FINANCIALS MAY 10, 2019
Slide 2: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Aimia uses the following non-GAAP financial measures which it believes provides investors and analysts with additional information to better understand results as well as assess its potential. GAAP means generally accepted accounting principles in Canada and represents In
Slide 3: GAAP to Non-GAAP Reconciliation
GAAP TO NON-GAAP RECONCILIATION (in millions of Canadian dollars) Q1 2018 Q2 2018 Q3 2018 Q4 2018 FY 2018 Revenue from Loyalty Units 4.3 3.8 3.7 0.7 12.5 Revenue from Loyalty Services and Other 40.7 39.0 38.8 36.1 154.6 Total revenue 45.0 42.8 42.5 36.8 167.1 Cost of rewards and direct costs 4.3 5.1
Slide 4: New Reporting Segments from FY 2019
NEW REPORTING SEGMENTS FROM FY 2019 Insights and Loyalty Solutions (ILS) NEW • Air Miles Middle East • Middle East/US/UK/APAC Loyalty Solutions FY 2018 REPORTING SEGMENTS • Intelligent Shopper Solutions • Distributions from equity-accounted Loyalty Solutions investments (Kantar) Coalitions • Canada
Slide 5: Summary of Key Metrics and Segmentation from 2019
SUMMARY OF KEY METRICS AND SEGMENTATION FROM 2019 Key metrics: • Given the changes in our business, we expect to focus on the revenue metric going forward • Adjusted EBITDA definition updated to reflect the move away from coalition-based activities • All other metrics remain unchanged Segmentation f
Slide 6: Change in Adjusted EBITDA Definition
CHANGE IN ADJUSTED EBITDA DEFINITION Previous definition New definition Rationale Adjusted EBITDA = Adjusted EBITDA = Adjustments for the change in Operating income Operating income deferred revenue and change in +D&A expense +D&A expense future redemption costs have +Impairments +Impairments been r
Slide 7: Continuing Operations FY 2018
CONTINUING OPERATIONS FY 2018 Years ended December 31, 2018 (in millions of Canadian dollars) Operating Segments Loyalty Solutions Corporate and Other Continuing operations Revenue from Loyalty Units 12.5 - 12.5 Revenue from Loyalty Services and Other 154.6 - 154.6 Total revenue 167.1 - 167.1 Cost o
Slide 8: Continuing Operations Q4 2018
CONTINUING OPERATIONS Q4 2018 Three months ended December 31, 2018 (in millions of Canadian dollars) Operating Segments Loyalty Solutions Corporate and Other Continuing operations Revenue from Loyalty Units 0.7 - 0.7 Revenue from Loyalty Services and Other 36.1 - 36.1 Total revenue 36.8 - 36.8 Cost
Slide 9: Continuing Operations Q3 2018
CONTINUING OPERATIONS Q3 2018 Three months ended September 30, 2018 (in millions of Canadian dollars) Operating Segments Loyalty Solutions Corporate and Other Continuing operations Revenue from Loyalty Units 3.7 - 3.7 Revenue from Loyalty Services and Other 38.8 - 38.8 Total revenue 42.5 - 42.5 Cost
Slide 10: Continuing Operations Q2 2018
CONTINUING OPERATIONS Q2 2018 Three months ended June 30, 2018 (in millions of Canadian dollars) Operating Segments Loyalty Solutions Corporate and Other Continuing operations Revenue from Loyalty Units 3.8 - 3.8 Revenue from Loyalty Services and Other 39.0 - 39.0 Intercompany revenue - - - Total re
Slide 11: Continuing Operations Q1 2018
CONTINUING OPERATIONS Q1 2018 Three months ended March 31, 2018 (in millions of Canadian dollars) Operating Segments Loyalty Solutions Corporate and Other Continuing operations Revenue from Loyalty Units 4.3 - 4.3 Revenue from Loyalty Services and Other 40.7 - 40.7 Total revenue 45.0 - 45.0 Cost of
Slide 12: Contact
CONTACT Karen Keyes Senior Vice President / Investor Relations T +1 647 459 3506 E karen.keyes@aimia.com Tom Tran Director of Finance T +1 647 329 5128 E tom.tran@aimia.com
Slide 13: . © 2018 Aimia. All rights reserved.
. © 2018 Aimia. All rights reserved. 13