TeamViewer AG, DE000A2YN900

TeamViewer AG, DE000A2YN900

11.01.2023 - 07:03:29

EQS-News: TeamViewer AG: TeamViewer delivers on full year guidance with strong 24% billings growth in Q4 2022

? Investor Relations Contact Ursula Querette Vice President, Capital Markets E-Mail: ir@teamviewer.com

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Disclaimer

All numbers in this release are preliminary. Certain statements in this communication may constitute forward looking statements. These statements are based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties, including, but not limited to, those risks and uncertainties described in TeamViewer's disclosures. You should not rely on these forward-looking statements as predictions of future events, and we undertake no obligation to update or revise these statements. Our actual results may differ materially and adversely from any forward-looking statements discussed in these statements due to several factors, including without limitation, risks from macroeconomic developments, external fraud, lack of innovation capabilities, inadequate data security and changes in competition levels. The Company undertakes no obligation, and does not expect to publicly update, or publicly revise, any forward-looking statement, whether as a result of new information, future events or otherwise.

Alternative performance measures

This document contains certain alternative performance measures (collectively, ?APMs?) including billings and Adjusted EBITDA that are not required by, or presented in accordance with, IFRS, German GAAP or any other generally accepted accounting principles. TeamViewer presents APMs because they are used by management in monitoring, evaluating and managing its business and management believes these measures provide an enhanced understanding of TeamViewer?s underlying results and related trends. The definitions of the APMs may not be comparable to other similarly titled measures of other companies and have limitations as analytical tools and should, therefore, not be considered in isolation or as a substitute for analysis of TeamViewer?s operating results as reported under IFRS or German GAAP. APMs such as billings and Adjusted EBITDA are not measurements of TeamViewer?s performance or liquidity under IFRS or German GAAP and should not be considered as alternatives to results for the period or any other performance measures derived in accordance with IFRS, German GAAP or any other generally accepted accounting principles or as alternatives to cash flow from operating, investing or financing activities.

TeamViewer has defined each of the following APMs as follows:

?Billings? represent the value (net) of goods and services invoiced to customers within a specific period and which constitute a contract as defined by IFRS 15.

?Adjusted EBITDA? is defined as operating income (EBIT) as per IFRS plus depreciation and amortization of tangible and intangible fixed assets (EBITDA), adjusted for change in deferred revenue recognized in profit or loss during the period under consideration and for certain transactions that have been defined by the Management Board in agreement with the Supervisory Board (income and expenses). Business events to be adjusted relate to share-based compensation models and other material special items of the business which are presented separately to show the underlying operating performance of the business.

?Adjusted EBITDA margin? means Adjusted EBITDA as a percentage of billings.

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11.01.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.com

Language: English Company: TeamViewer AG Bahnhofsplatz 2 73033 G?ppingen

Germany Phone: +49 7161 97200 81 Fax: +49 7161 60692 335 E-mail: ir@teamviewer.com Internet: www.teamviewer.com ISIN: DE000A2YN900 WKN: A2YN90 Indices: MDAX, TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1532085 ? End of News EQS News Service

1532085??11.01.2023?CET/CEST

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