Vroom
and adjusted we calculate as net loss before interest expense interest income income tax expense and depreciation and amortization expense and we calculate adjusted as adjusted to exclude acquisition related costs change in fair value of finance receivables and goodwill impairment charges changes in fair value of finance receivables can fluctuate significantly from period to period and relate primarily to historical loans and debt which have been and acquired on from our ongoing business model is to originate or purchase finance receivables with the intent to sell which we recognize at the lower of cost or fair value therefore these historical finance receivables acquired which are accounted for under the fair value option will experience fluctuations in value from period to period we believe it is appropriate to remove this temporary volatility from our adjusted results to better reflect our ongoing business model additionally these historical finance receivables acquired from are expected to run off within approximately months the following table presents a reconciliation of and adjusted to net loss which is the most directly comparable measure non financial measures | Vroom
Company
Deck Type
Sector
Industry
Deck date
May 2022
Slide
18 of 20
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