Glossary
Term | Definition | |
|---|---|---|
Adjusted EBIT before PPA | Adjusted earnings before interest, taxes before depreciation, amortisation, and impairment of assets that are not capitalised through a purchase price allocation (PPA) in connection with a business combination; and adjustments related to reorganisations | |
Adjusted EBITDA | Adjusted earnings before interest, taxes, depreciation, and amortisation | |
Adjusted EAT | Adjusted earnings after tax | |
AGM | Annual General Meeting | |
AI | artificial intelligence | |
AoA | Articles of Association | |
APM | alternative performance measures | |
ARPA | Average Revenue per Agent | |
ARPD | Average Revenue per Dealer | |
AU | Automotive business unit | |
B2B | business-to-business | |
B2B2C | business-to-business-to-consumer | |
BoD | Board of Directors (or the Board) | |
BU | business unit | |
BVG | Swiss Federal Law on Occupational Retirement, Survivors and Disability Pension Plans | |
C2B | customer-to-business | |
CAGR | compound annual growth rate | |
capex | capital expenditure | |
CAPM | capital asset pricing model | |
CCO | Chief Corporate Officer | |
CFO | Chief Financial Officer | |
CEO | Chief Executive Officer | |
CGU | cash-generating units | |
CHF | Swiss franc | |
CO | (Swiss) Code of Obligations | |
CoC | Code of Conduct | |
CODM | Chief Operating Decision Maker | |
CRM | customer relationship management | |
DBO | defined benefit obligation | |
DCF | discounted cash flow | |
DCG | Directive on Information relating to Corporate Governance | |
DTA | deferred tax asset | |
DTL | deferred tax liability | |
ECL | expected credit loss | |
EGM | Extraordinary General Meeting | |
ELT | Executive Leadership Team (or Management) | |
ERM | enterprise risk management | |
ERP | enterprise resource planning | |
FISA | (Swiss) Federal Intermediated Securities Act | |
FinMIA | (Swiss) Financial Market Infrastructure Act | |
FTE | full-time equivalent | |
GDP | gross domestic product | |
GM | General Marketplaces business unit | |
GMV | gross merchandise value | |
IASB | International Accounting Standards Board | |
IPO (date) | initial public offering, for SMG on 19 September 2025 | |
IPO LTI | IPO Long-Term Incentive Plan | |
KPI | key performance indicator | |
LLM | large language model | |
LTIP | Long-Term Incentive Plan | |
MEP | Management Equity Plan | |
MFA | multi-factor authentication | |
MPM | management-defined performance measures | |
NCC | Nomination and Compensation Committee | |
p.a. | per annum | |
PGSP | Profit Growth Share Plan | |
PGSP 2.0 | Profit Growth Share Plan 2.0 | |
PGSU | profit growth share unit | |
PPA | purchase price allocation | |
Principal Shareholders | The Group defines TX Group AG, Ringier AG, Schweizerische Mobiliar Holding AG and General Atlantic SC B.V. as its Principal Shareholders. | |
PSA | phantom stock award | |
PSP | Phantom Stock Plan | |
PSU | performance share unit | |
RAC | Risk and Audit Committee | |
RE | Real Estate business unit | |
rTSR | relative total shareholder return | |
Senior Management | Executive Leadership Team and Directors (Management Level) | |
SEON | AI-driven fraud-prevention platform | |
SIX | SIX Swiss Exchange | |
STIP | Short-Term Incentive Plan | |
TSR | total shareholder return | |
WACC | weighted average cost of capital | |
ZHK | Zürcher Handelskammer (Zurich Chamber of Commerce) |