Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 345

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1A
Chunk 345
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 payments on our indebtedness; and

•other companies, including companies in our industry, may calculate Adjusted Net Loss, Adjusted EBITDA or Free Cash Flow differently, which reduces their usefulness as comparative measures.

We no longer present Adjusted Operating Income (loss) as a non-GAAP measure as it is no longer utilized by management to measure and monitor results for our segments. Management reviews Segment Adjusted EBITDA as the primary measure for our segments' performance.

29

Non-GAAP Financial Measures

The following table sets forth the reconciliation of Net Loss attributable to common stockholders to Adjusted Net Loss from continuing operations and Loss from continuing operations to Adjusted EBITDA (in thousands):

 Year Ended December 31, 202420232022Net loss attributable to common stockholders$(278,759)$(541,865)$(456,833)(Income) loss from discontinued operations, net of tax— (308)679 Net income (loss) attributable to non-controlling interests(1)76 (332)2,670 Preferred stock dividends— 14,257 21,385 Loss from continuing operations(278,683)(528,248)(432,099)Adjustments:   Impairment and related charges(2)— — 5,146 Acquisition-related amortization(3a)37,891 40,237 51,254 Restructuring and other costs(4)11,653 72,096 14,500 Loss on extinguishment of debt, net37,994 108,577 4,473 Other, net(5)21,587 (13,751)(136,645)Acquisition-related costs(6)3,923 2,336 6,854 Litigation costs, net(7)6,875 1,387 31,706 Indirect tax matters(8)21,732 11,451 — Stock-based compensation54,567 52,015 82,872 Tax impact of adjustments(9)10,072 74,203 847 Adjusted Net Loss from continuing operations$(72,389)$(179,697)$(371,092)Adjusted Net Loss from continuing operations per share$(0.19)$(0.52)$(1.14)Diluted weighted-average common shares outstanding383,733 346,567 326,742 Loss from continuing operations$(278,683)$(528,