Glossary
Term | Definition | |
|---|---|---|
Adjusted EAT | Adjusted earnings after tax | |
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 | |
AI | artificial intelligence | |
APM | alternative performance measures | |
ARPA | Average Revenue per Agent | |
ARPD | Average Revenue per Dealer | |
AU | Automotive business unit | |
C2B | customer-to-business | |
capex | capital expenditure | |
CHF | Swiss franc | |
CODM | Chief Operating Decision Maker | |
ELT | Executive Leadership Team (or Management) | |
FINMA | Swiss Financial Market Supervisory Authority | |
GM | General Marketplaces business unit | |
GMV | gross merchandise value | |
IPO | initial public offering, for SMG on 19 September 2025 | |
IPO LTI | IPO Long-Term Incentive Plan | |
KPI | key performance indicator | |
LTIP | Long-Term Incentive Plan | |
MEP | Management Equity Plan | |
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. | |
PSP | Phantom Stock Plan | |
PSU | performance share unit | |
RE | Real Estate business unit | |
rTSR | relative total shareholder return |