Introduction 

The financial results of SoftwareONE are reported in accordance with International Financial Reporting Standards (IFRS).

In addition, the company presents an adjusted profit and loss statement, which excludes items and related tax impacts that are not indicative of the underlying performance of the business nor its future growth potential. For comparison purposes, adjusted results also include the month of January 2019 for Comparex, which was acquired by SoftwareONE effective 31 January 2019. This set of data reflects the company's internal approach to analyzing the results.

Details on such Alternative Performance Measures, including a reconciliation from IFRS reported to adjusted profit and loss statement, adjustments and non-IFRS financials used by SoftwareONE, are provided at the end of this section.