Tradeweb Q4 2021 Earnings Report
Key Takeaways
Tradeweb's Q4 2021 revenues increased by 18.8% to $276.9 million, with average daily volume up 24.1% to $1.1 trillion. Net income decreased by 9.7% to $60.0 million, while adjusted net income increased by 23.9% to $99.7 million. Diluted EPS was $0.23, and adjusted diluted EPS was $0.42.
Quarterly revenues increased 18.8% to $276.9 million.
Average daily volume increased 24.1% to $1.1 trillion.
Net income decreased 9.7% to $60.0 million.
Adjusted net income increased 23.9% to $99.7 million.
Tradeweb
Tradeweb
Tradeweb Revenue by Segment
Forward Guidance
Tradeweb provided full-year 2022 guidance, including adjusted expenses between $620 and $655 million, acquisition and Refinitiv transaction-related depreciation and amortization expense of $127 million, an assumed non-GAAP tax rate of 22.0%, and capital expenditures and capitalization of software development between $62 and $68 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income