Gfl environmental reports fourth quarter and full year 2022 results; provides full year 2023 guidance
Fourth quarter 2022 results organic revenue growth of 13.7%1 results in revenue of $1,821.2 million, increase of 26.5%1 solid waste price of 9.9% and surcharges of 1.6%, highest in company history adjusted ebitda2 of $439.8 million, increase of 17.0%1; net loss from continuing operations of $219.1 million; adjusted net loss from continuing operations2 of $7.9 million full year 2022 highlights organic revenue growth of 13.6%1 results in revenue of $6,761.3 million, increase of 31.6%1 adjusted ebitda2 of $1,720.8 million, increase of 22.0%1; net loss from continuing operations of $183.2 million; adjusted net income from continuing operations2 of $178.1 million adjusted cash flows from operating activities2 of $1,219.3 million; cash flows from operating activities of $1,096.3 million; adjusted free cash flow2 of $691.3 million adjusted earnings per share from continuing operations2 of $0.49; loss per share from continuing operations of $(0.73) completed acquisitions generating approximately $480.0 million in annualized revenue in 2022 full year 2023 guidance3 revenue is estimated to be between $7,550 million and $7,650 million adjusted ebitda3 is estimated to be between $2,000 million and $2,050 million adjusted free cash flow3 is estimated to be approximately $700 million vaughan, on , feb. 21, 2023 /prnewswire/ - gfl environmental inc. (nyse: gfl) (tsx: gfl) ("gfl", "we", "our" or the "company") today announced its results for the fourth quarter and full year 2022, as well as guidance for full year 2023. "our employees delivered another exceptional year of results, outperforming our previously increased full year 2022 guidance," said patrick dovigi, founder and chief executive officer of gfl.
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