GlobalData Plc
Final Results For The Year Ended 31 December 2021
“Strong 2021 trading and well positioned for accelerated growth”
|
Key performance metrics |
2021 |
2020 |
Change |
Organic Underlying Constant Currency 4 % |
|
Revenue |
£189.3m |
£178.4m |
+6% |
+8% |
|
Adj. EBITDA 1 |
£64.4m |
£56.7m |
+14% |
+14% |
|
Adj. EBITDA margin 1 |
34% |
32% |
+2p.p. |
+2p.p. |
|
Statutory PBT |
£32.6m |
£28.6m |
+14% |
– |
|
Deferred revenue 2 |
£81.4m |
£74.7m |
+9% |
+9% |
|
Invoiced forward revenue 3 |
£107.7m |
£92.7m |
+16% |
+10% |
Financial Highlights
- Organic underlying constant currency 4 revenue growth of 8%, offset with currency headwinds for reported growth of 6%
- Adjusted EBITDA 1 up 14% to £64.4m (2020: £56.7m) and Adjusted EBITDA margin 1 improvement of 2 percentage points to 34%
- Statutory PBT grew by £4.0m to £32.6m (2020: £28.6m)
- Deferred revenue 2 up 9% to £81.4m (2020: £74.7m) and Invoiced forward revenue 3 up 16% to £107.7m (2020: £92.7m), with organic underlying constant currency growth of 10%
- Final dividend of 13.2p, up 14% (2020: 11.6p); total dividend of 19.3p, up 14% (2020: 17.0p)
Operational Highlights
- Continued investment in Growth Optimisation Plan and progress across strategic priorities, with Customer Obsession our number-one priority.
- Set strong foundations for accelerated growth through One Platform enhancements and investment in B2B industry website
- Completion of two strategic acquisitions
- Customer focused initiatives have driven growth and further deepening of our relationships
Mike Danson, CEO of GlobalData Plc, commented:
“ In 2021 we continued to invest across our Growth Optimisation Plan, including increased focus on our customers. Key customer focused initiatives, together with investment in our product capabilities, have further strengthened customer relationships. Our underlying revenue performance was strong and importantly, we exit the year with improved forward revenue visibility. The greater visibility, driven by our organic growth performance and the two completed acquisitions, together with our disciplined approach to costs gives the Group a strong foundation for accelerated growth and further margin expansion.”