Clarivate reports fourth quarter and full year 2021 results
London, march 10, 2022 /prnewswire/ -- clarivate plc (nyse: clvt) (the "company" or "clarivate"), a global leader in providing trusted information and insights to accelerate the pace of innovation, today reported results for the fourth quarter and year ended december 31, 2021. fourth quarter 2021 financial highlights revenues of $560.7 million increased 23.1%, and 24.3% at constant currency adjusted revenues(1) of $560.2 million increased 18.9%, and 20.1% at constant currency adjusted organic revenues(1) increased 4.0% at constant currency net loss(2) attributable to ordinary shares of $130.4 million increased $116.7 million; net loss per diluted share of $0.20 increased $0.15 adjusted net income(1) of $163.2 million increased 20.4%; adjusted income per diluted share(1) of $0.23 increased 4.7% or $0.01 adjusted ebitda(1) of $256.6 million increased 28.3% and adjusted ebitda margin(1) of 45.8% increased 340 basis points full year 2021 financial highlights revenues of $1,876.9 million increased 49.7%, and 48.3% at constant currency adjusted revenues(1) of $1,880.8 million increased 47.3%, and 46.0% at constant currency adjusted organic revenues([1]) increased 4.5% at constant currency net loss(2) attributable to ordinary shares of $312.0 million improved $38.7 million; net loss per diluted share of $0.61 improved $0.21 adjusted net income(1) of $481.7 million increased 66.6%; adjusted income per diluted share(1) of $0.72 increased 11.5% or $0.08 adjusted ebitda(1) of $800.4 million increased 64.5% and adjusted ebitda margin(1) of 42.6% increased 450 basis points cash flow from operations increased $60.3 million to $323.8 million; adjusted free cash flow(1) increased $157.8 million to $459.4 million 1 represents a non-gaap measure.
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