According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), Virtus Investment Partners Inc announced it will adjust the accounting method for its Non-GAAP financial metrics starting from the first quarter of 2026.
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The core change in this revision is that, in the future, when calculating non-GAAP metrics, the company will officially include tax incentive-related income within its scope of consideration. This adjustment is expected to enable Weides Investment to more comprehensively reflect the company's actual operating performance when disclosing key financial data such as adjusted net profit. By integrating the financial impact of tax benefits, investors will gain a basis for more comparable and transparent performance assessment. This measure demonstrates the company's commitment to enhancing the clarity of financial reporting and also aligns with the recent requirements from regulatory authorities regarding the standardization of non-GAAP metric disclosures. The revised measurement standards will be formally implemented from the first quarter financial report next year, providing a more accurate data foundation for market analysis.
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