This presentation and the accompanying oral presentations include forward-looking statements. All statements other than statements of historical facts, including statements regarding our future results of operations and financial position, customer lifetime value, strategy and plans, market size and opportunity, competitive position, industry environment, potential growth opportunities, business model, benefits from acquisitions, product roadmap, future product capabilities and our expectations for future operations, are forward-looking statements.
These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including: our limited operating history, which makes it difficult to predict future operating results; the uncertain impact of the global COVID-19 pandemic; if we fail to manage our recent rapid growth effectively, we may be unable to execute our business plan, maintain high levels of service, or adequately address competitive challenges; risks related to past and future business acquisitions, including their integration with our existing business model, operations and culture; if we are unable to attract new customers, the growth of our revenues will be adversely affected; because our platform is sold to large enterprises with complex operating environments, we encounter long and unpredictable sales cycles; risks and liabilities related to breach of our security measures or unauthorized access to customer data; the markets in which we participate are intensely competitive; our business depends substantially on customers renewing their subscriptions and purchasing additional subscriptions; if we fail to develop widespread brand awareness cost-effectively, our business may suffer; and the impact of foreign currency exchange rates and global economic conditions. These and other risks and uncertainties are described in “Risk Factors” and elsewhere in our most recently filed Form 10-K or 10-Q, which is available at https://investors.coupa.com and on the SEC’s website at www.sec.gov. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this presentation may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur. Moreover, except as required by law, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements. Forward-looking statements represent our management’s beliefs and assumptions only as of the date of this presentation. We undertake no obligation to update publicly any forward-looking statements for any reason after the date of this presentation to conform these statements to actual results or to changes in our expectations.
In addition to US GAAP financials, this presentation includes certain non-GAAP financial and liquidity measures. These non-GAAP measures are in addition to, not a substitute for or superior to, measures of financial performance prepared in accordance with US GAAP. A reconciliation of historical non-GAAP measures to historical GAAP measures is contained in the Appendix. Coupa is not able at this time to provide a GAAP to non-GAAP reconciliation for certain business model measures because of the difficulty of estimating certain items excluded from these non-GAAP measures that cannot be reasonably predicted, such as charges related to stock-based compensation expense. The effect of these excluded items may be significant.
The information contained herein is provided for informational purposes only and should not be construed as a commitment to deliver any product, functionality or other feature. Any information or content provided herein is proprietary to Coupa and may not be replicated or disclosed without Coupa’s express written permission.