SEC Filings

6-K
WNS (HOLDINGS) LTD filed this Form 6-K on 01/17/2019
Entire Document
 


LOGO        

Fiscal Q3 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
Dec 31, 2018 compared to
 
     Dec 31,
2018
    Dec 31,
2017
    Sep 30,
2018
     Dec 31,
2017
    Sep 30,
2018
 
     (Amounts in millions)      (% growth)  

Revenue (GAAP)

   $ 199.7     $ 188.6     $ 199.1        5.9     0.3

Less: Payments to repair centers

     3.9       3.4       3.6        13.1     6.5

Revenue less repair payments (non-GAAP)

   $ 195.9     $ 185.2     $ 195.5        5.8     0.2

Exchange rate impact

     (0.1     (5.7     0.1       

Constant currency revenue less

repair payments (non-GAAP)

   $ 195.7     $ 179.4     $ 195.6        9.1     0.1

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

 

     Three months ended  
     Dec 31,
2018
     Dec 31,
2017
     Sep 30,
2018
 
     (Amounts in millions)  

Cost of revenue (GAAP)

   $ 125.2      $ 124.4        $129.0  

Less: Payments to repair centers

     3.9        3.4        3.6  

Less: Share-based compensation expense

     1.2        1.0        1.1  

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

   $ 120.1      $ 120.0        $124.3  

 

Page 7 of 11