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CLARIVATE Plc (CLVT)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K10-K10-K10-K/A10-K
Revenues, net  1,876.91,254.0974.3968.5917.6
            Revenues, net growth  49.7%28.7%0.6%5.5% 
Operating Expenses:       
Cost of revenues  626.1-135.5352.0430.3394.2
Selling, general and administrative costs  643.0544.7475.0413.0343.1
Depreciation and amortization  509.8277.7182.2218.4-7.0
Restructuring and impairment  129.556.115.7  
Other operating income, net  -27.552.44.86.4-0.2
    Total operating expenses  3,974.21,290.41,056.81,504.5 
    (Loss) income from operations  -87.0-36.3-82.5-105.7-147.0
            Operating margin  -4.6%-2.9%-8.5%-10.9%-16.0%
Mark to market (gain) loss on financial instruments  81.3-205.1-47.7  
Interest expense and amortization of debt discount, net  -252.5-111.9-157.7-130.8-138.2
    Income (loss) before income taxes  -258.2-353.3-248.4-236.5-285.2
(Benefit) provision for income taxes  12.3-2.710.25.6-21.3
    Net (loss) income  -270.4-350.6-258.6-242.2-263.9
Dividends on preferred shares  41.5    
    Net income (loss) attributable to ordinary shares  -312.0-350.6-258.6  
   
Earnings per share       
Basic (usd per share)  ($0.49)($0.82)($0.94)($1.11)($1.22)
Diluted (usd per share)  ($0.61)($0.82)($0.94)($1.11)($1.22)
   
Weighted average shares used to compute earnings per share:       
Basic (in shares)  631.0427.0273.9217.5216.8
Diluted (in shares)  640.8427.0273.9217.5216.8

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