Exhibit 99.3
TUANCHE LIMITED
RECONCILIATION OF NON-GAAP AND GAAP RESULTS
(Amount in thousands, except share and per share data)
| | | | | | | |
| | For the six months ended June 30, | | ||||
| | 2022 | | 2023 | | ||
|
| RMB |
| RMB |
| US$ | |
Net loss | | (56,166) | | (30,698) | | (4,235) | |
Add: | | | | | | | |
Depreciation and amortization | | 3,673 | | — | | — | |
Subtract: | | | | | | | |
Interest income, net | | 29 | | 69 | | 9 | |
EBITDA | | (52,522) | | (30,767) | | (4,244) | |
Add: | | | | | | | |
Share-based compensation expenses | | 6,148 | | 4,007 | | 553 | |
Change in fair value of warrant liability | | — | | (11,551) | | (1,593) | |
Impairment of long-lived assets | | 15,614 | | 1,515 | | 209 | |
Adjusted EBITDA | | (30,760) | | (36,796) | | (5,075) | |
| | | | | | | |
Net loss | | (56,166) | | (30,698) | | (4,235) | |
Add: | | | | | | | |
Share-based compensation expenses | | 6,148 | | 4,007 | | 553 | |
Change in fair value of warrant liability | | — | | (11,551) | | (1,593) | |
Impairment of long-lived assets | | 15,614 | | 1,515 | | 209 | |
Adjusted net loss | | (34,404) | | (36,727) | | (5,066) | |
Adjusted net loss attributable to TuanChe Limited’s shareholders | | (34,404) | | (36,727) | | (5,066) | |
Weighted average number of ordinary shares | | | | | | | |
Basic and diluted | | 309,041,616 | | 399,544,700 | | 399,544,700 | |
Adjusted net loss per share from operations | | | | | | | |
Basic and diluted | | (0.11) | | (0.09) | | (0.01) | |