Logitech International S.a. · SIX:LOGN
Logitech International — Q1 FY2023 Earnings Presentation
6 slides from Logitech International's earnings presentation, Jul 25, 2022
Slide 1: Supplemental Financial Information Q1 Fiscal Year 2023
SUPPLEMENTAL FINANCIAL INFORMATION Q1 FISCAL YEAR 2023 (QUARTER ENDED June 30, 2022)
Slide 2: Q1 FY 2023 Financial Highlights
Q1 FY 2023 FINANCIAL HIGHLIGHTS $1,160 -9% 40.0% $146 $0.74 ($36) million million per share million Non-GAAP Non-GAAP Non-GAAP Cash Flow from Revenue Y/Y Sales Growth Gross Margin Operating Income Diluted EPS Operations Results listed in non-GAAP. Sales are net sales and comparisons are Y/Y and on a
Slide 3: Quarterly Financial Trends
Quarterly Financial Trends Preliminary results * In $ millions except per share and % Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 GAAP Results Net Sales 644 720 903 709 792 1,257 1,667 1,536 1,312 1,306 1,633 1,230 1,160 Gross Margin 37.1% 37.8% 37.1% 39.0% 38.6% 45
Slide 4: Cash Flow and Operational Trends
Cash Flow and Operational Trends 1 Preliminary results * In $ millions except working capital metrics Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Balance Sheet Cash and Cash Equivalents 597 574 656 716 809 917 1,389 1,750 1,498 1,137 1,364 1,329 1,107 Debt 0 0 0 0 0
Slide 5: GAAP to Non-GAAP Reconciliations
GAAP to Non-GAAP Reconciliations Preliminary results * In $ millions except per share and % Q1'20 Q2'20 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Gross Profit - GAAP 239 272 334 277 306 570 749 711 569 542 658 494 460 Share-based compensation expense 1 1 1 1 1 2 2 2 1 2 2 1 1
Slide 6: GAAP to Non-GAAP Reconciliation Notes
GAAP TO NON-GAAP RECONCILIATION NOTES Note: These preliminary results for the three months ended June 30, 2022 are subject to adjustments, including subsequent events that may occur through the date of filing our Quarterly Report on Form 10-Q. Forward Looking Statements This presentation includes fo
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