Clarivate Plc (CLVT)

Clarivate Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,557	2,629	2,660	1,877	1,254
Revenue Growth (YoY)	-2.74%	-1.17%	41.71%	49.66%	28.71%
Cost of Revenue	869.2	906.4	954	626.1	438.8
Gross Profit	1,688	1,722	1,706	1,251	815.3
Selling, General & Admin	727.6	739.7	729.9	643	544.7
Other Operating Expenses	-1.3	-0.3	-0.9	7.9	-4.5
Operating Expenses	1,453	1,448	1,440	1,189	843.4
Operating Income	234.2	274.7	266.3	62.1	-28.1
Interest Expense	-283.4	-293.7	-270.3	-252.5	-111.9
Currency Exchange Gain (Loss)	-4.2	-38.9	45.4	-19.6	19.8
Other Non Operating Income (Expenses)	5.2	15.9	206.8	81.3	-205.1
EBT Excluding Unusual Items	-48.2	-42	248.2	-128.7	-325.3
Merger & Restructuring Charges	-19.6	-40	-66.7	-129.5	-56.1
Impairment of Goodwill	-465.7	-847.7	-4,449	-	-
Gain (Loss) on Sale of Assets	54.7	-	278.5	-	28.1
Asset Writedown	-75	-132.2	-	-	-
Legal Settlements	-	49.4	-	-	-
Pretax Income	-553.8	-1,013	-3,989	-258.2	-353.3
Income Tax Expense	82.9	-101.3	-28.9	12.3	-2.7
Net Income	-636.7	-911.2	-3,960	-270.5	-350.6
Preferred Dividends & Other Adjustments	31.3	75.4	75.4	41.5	-
Net Income to Common	-668	-986.6	-4,036	-312	-350.6
Shares Outstanding (Basic)	694	672	676	631	427
Shares Outstanding (Diluted)	694	672	679	641	427
Shares Change (YoY)	3.28%	-1.03%	5.90%	50.07%	55.91%
EPS (Basic)	-0.96	-1.47	-5.97	-0.49	-0.82
EPS (Diluted)	-0.96	-1.47	-6.24	-0.61	-0.82
Free Cash Flow	357.5	501.7	306.4	205.3	155.8
Free Cash Flow Per Share	0.52	0.75	0.45	0.32	0.36
Gross Margin	66.00%	65.52%	64.13%	66.64%	65.01%
Operating Margin	9.16%	10.45%	10.01%	3.31%	-2.24%
Profit Margin	-26.13%	-37.53%	-151.73%	-16.62%	-27.96%
Free Cash Flow Margin	13.98%	19.09%	11.52%	10.94%	12.42%
EBITDA	961.2	983	976.8	599.9	275.1
EBITDA Margin	37.59%	37.39%	36.73%	31.96%	21.94%
D&A For EBITDA	727	708.3	710.5	537.8	303.2
EBIT	234.2	274.7	266.3	62.1	-28.1
EBIT Margin	9.16%	10.45%	10.01%	3.31%	-2.24%

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q