ALAMO GROUP INC
For the period ended Dec 31, 2023. Filed Mar 13, 2024.
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Dec 31, 2023 · Filed Mar 13, 2024
Contents
APPENDIX I
ALAMO GROUP INC. NON-GAAP FINANCIAL MEASURES RECONCILIATION
The non-GAAP financial information presented in this Proxy Statement, including the EBITDA information, should be considered supplemental to, and not a substitute for, or superior to, financial measures calculated in accordance with GAAP. The Company has provided this supplemental information to investors, analysts, and other interested parties to enable them to perform additional analyses of operating results, to illustrate the results of operations giving effect to the non-GAAP adjustments shown in the reconciliations below, and to provide an additional measure of performance which management considers in operating the business.
EBITDA
| Twelve Months Ended | ||
|---|---|---|
| December 31, 2023 | December 31, 2022 | |
| Income from operations | $197,967 | $148,592 |
| Depreciation | 32,453 | 31,412 |
| Amortization | 16,222 | 15,944 |
| EBITDA | $246,642 | $195,948 |
| Alamo Group Inc. | 60 | Proxy Statement |
|---|
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