SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 10/25/2018
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Fiscal Q2 2019

WNS (Holdings) Limited

 

 

 

 

The company is not able to provide our forward-looking GAAP revenue, profit and earnings per ADS without unreasonable efforts for a number of reasons, including our inability to predict with a reasonable degree of certainty the payments to repair centers, our future share-based compensation expense under IFRS 2 (Share Based payments), amortization of intangibles associated with future acquisitions and currency fluctuations. As a result, any attempt to provide a reconciliation of the forward-looking GAAP financial measures (revenue, profit, earnings per ADS) to our forward-looking non-GAAP financial measures (revenue less repair payments*, ANI* and Adjusted diluted earnings* per ADS respectively) would imply a degree of likelihood that we do not believe is reasonable.

Reconciliation of revenue (GAAP) to revenue less repair payments (non-GAAP) and constant currency revenue less repair payments (non-GAAP)

 

     Three months ended     Three months ended
Sep 30, 2018 compared to
 
     Sep 30,
2018
     Sep 30,
2017
    Jun 30,
2018
    Sep 30,
2017
    Jun 30,
2018
 
     (Amounts in millions)     (% growth)  

Revenue (GAAP)

   $ 199.1      $ 186.5     $ 199.8       6.8     (0.3 )% 

Less: Payments to repair centers

     3.6        4.2       3.7       (13.1 )%      (2.4 )% 

Revenue less repair payments (non-GAAP)

   $ 195.5      $ 182.3     $ 196.0       7.2     (0.3 )% 

Exchange rate impact

     1.5        (4.9     (5.6    

Constant currency revenue less

repair payments (non-GAAP)

   $ 197.0      $ 177.5     $ 190.4       11.0     3.4

Reconciliation of cost of revenue (GAAP to non-GAAP)

 

     Three months ended  
     Sep 30,
2018
     Sep 30,
2017
     Jun 30,
2018
 
     (Amounts in millions)  

Cost of revenue (GAAP)

   $ 129.0      $ 125.5      $ 132.9  

Less: Payments to repair centers

     3.6        4.2        3.7  

Less: Share-based compensation expense

     1.1        1.3        1.0  

Adjusted cost of revenue (excluding payment to repair centers and share-based compensation expense) (non-GAAP)

   $ 124.3      $ 120.1      $ 128.1  

 

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