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Dec 31, 2021
ADT Q4 2021 Earnings Report
ADT reported strong year-end revenue performance, subscriber acquisition, and customer retention accelerating momentum for 2022 growth.
Key Takeaways
ADT's Q4 2021 results showed a 5% increase in total revenue to $1.4 billion, a 5% increase in RMR to $359 million, and sequential and year-over-year net subscriber growth, with total subscribers reaching 6.6 million. The company reported a GAAP net loss of $58 million, or $(0.07) per share, and an adjusted net loss of $25 million, or $(0.03) per share. Adjusted EBITDA was $574 million.
Total revenue increased by 5% to $1.4 billion.
End of period recurring monthly revenue (RMR) increased by 5% to $359 million.
The company achieved sequential and year-over-year net subscriber growth, reaching a total of 6.6 million subscribers.
Customer retention remained strong, with gross customer revenue attrition at 13.1% and revenue payback of 2.3 years.
ADT
ADT
ADT Revenue by Segment
Revenue by Segment
Monitoring & Services Revenue
CapyFin.comSecurity Install & Products Revenue
CapyFin.com Forward Guidance
The Company is providing the following financial guidance for 2022, with all metrics representing an improvement over 2021 performance: Total Revenue $6,200 - $6,400 million, Adjusted EBITDA $2,335 - $2,435 million, Adjusted Free Cash Flow $550 - $625 million.