|
Revenue
|
|
$192.3m
|
$230.8m
|
$254.0m
|
$437.4m
|
$613.6m
|
$770.5m
|
$900.8m
|
|
Cost of revenue share fee
|
|
$32.3m
|
$33.2m
|
$37.2m
|
$56.3m
|
$88.6m
|
$108.1m
|
$127.8m
|
|
Research and development
|
|
$21.2m
|
$32.0m
|
$47.5m
|
$66.8m
|
$74.4m
|
$73.4m
|
$72.4m
|
|
Operating income
|
|
($56.2m)
|
($18.9m)
|
($114.9m)
|
($129.1m)
|
$20.1m
|
$123.2m
|
$186.5m
|
|
Sales and marketing
|
|
$36.0m
|
$16.4m
|
$35.2m
|
$41.7m
|
$43.5m
|
$48.8m
|
$54.4m
|
|
General and administrative
|
|
$91.6m
|
$118.2m
|
$168.9m
|
$278.2m
|
$222.4m
|
$217.5m
|
$232.4m
|
|
Depreciation and amortization
|
|
$7.3m
|
$9.4m
|
$12.4m
|
$18.8m
|
$21.6m
|
$26.5m
|
$34.6m
|
|
Interest income, net
|
|
—
|
—
|
—
|
$6.6m
|
$29.0m
|
$32.5m
|
$24.4m
|
|
Income before tax
|
|
($54.2m)
|
($9.3m)
|
($114.9m)
|
($117.5m)
|
$50.6m
|
$66.6m
|
$206.1m
|
|
Net income
|
|
($54.2m)
|
($9.3m)
|
($115.2m)
|
($115.4m)
|
$49.9m
|
$225.3m
|
$168.1m
|
|
Less: net income attributable to non-controlling interests
|
|
—
|
—
|
($79.1m)
|
($49.9m)
|
$21.8m
|
$55.6m
|
$59.0m
|
|
Net income attributable to Clear Secure, Inc.
|
|
($54.2m)
|
($9.3m)
|
($36.1m)
|
($65.6m)
|
$28.1m
|
$169.7m
|
$109.2m
|
|
Net income (loss) per common share, basic (in USD per share)
|
|
—
|
—
|
($1)
|
($2)
|
$1
|
$4
|
$2
|
|
Net income (loss) per common share, diluted (in USD per share)
|
|
—
|
—
|
($1)
|
($2)
|
$1
|
$3
|
$2
|
|
Weighted-average shares of Class A and B Common Stock outstanding, basic (in shares)
|
|
—
|
—
|
76.6m
|
82.1m
|
90.6m
|
93.9m
|
96.0m
|
|
Weighted-average shares of Class A and B Common Stock outstanding, diluted (in shares)
|
|
—
|
—
|
76.6m
|
82.1m
|
91.6m
|
144.5m
|
97.8m
|
|
Cost of direct salaries and benefits
|
|
$60.0m
|
$40.5m
|
$67.7m
|
$104.8m
|
$142.8m
|
$173.0m
|
$192.6m
|
|
Other (expense) income, net
|
|
$0
|
$9.0m
|
$344k
|
$5.0m
|
$1.5m
|
($89.1m)
|
($4.8m)
|
|
Income tax (expense) benefit
|
|
$0
|
($16k)
|
($233k)
|
$2.1m
|
($724k)
|
$158.6m
|
($37.9m)
|