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Jun 30, 2021
TransUnion Q2 2021 Earnings Report
TransUnion's financial performance reflected significant improvements in demand and economic recovery in most markets.
Key Takeaways
TransUnion announced strong second-quarter results, driven by economic recovery and a diversified portfolio. Total revenue increased by 22% to $774 million, and net income attributable to TransUnion was $128 million. The company increased its full-year 2021 financial guidance, reflecting the outperformance and a bullish view for the remainder of the year.
Delivered strong growth, reflecting meaningful economic recovery in most of our markets and the benefits of our diversified, growth-oriented portfolio.
Increased full-year 2021 financial guidance to reflect second-quarter out-performance and a more bullish view of the remainder of the year.
Continuing to strategically invest to position TransUnion for long-term sustained growth.
Experienced significant recovery across most markets in the first six months of the year.
TransUnion
TransUnion
TransUnion Revenue by Segment
TransUnion Revenue by Geographic Location
Revenue by Segment
U.S. Financial Services Revenue
CapyFin.comU.S. Emerging Verticals Revenue
CapyFin.comTotal Consumer Interactive Revenue
CapyFin.comRevenue by Geographic Location
Canada Revenue
CapyFin.comLatin America Revenue
CapyFin.comUnited Kingdom Revenue
CapyFin.comAfrica Revenue
CapyFin.comIndia Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.com Forward Guidance
TransUnion provided guidance for the third quarter and full year 2021, based on assumptions subject to change, including macroeconomic conditions and the COVID-19 pandemic's impact. There is no assurance that the Company will achieve the results expressed by this guidance.
Positive Outlook
- Revenue, as reported for Q3 2021 is expected to be between $766 million and $777 million.
- Revenue growth for Q3 2021 is expected to be between 10% and 12%.
- Net income attributable to TransUnion for Q3 2021 is expected to be between $111 million and $117 million.
- Diluted Earnings per Share for Q3 2021 is expected to be between $0.58 and $0.60.
- Adjusted EBITDA for Q3 2021 is expected to be between $301 million and $308 million.
Challenges Ahead
- The impact of mortgage is expected to be approximately 4 points of headwind for Q3 2021.
- There are numerous evolving factors that we may not be able to accurately predict.
- There can be no assurance that the Company will achieve the results expressed by this guidance.
- Guidance is based on a number of assumptions that are subject to change.
- Many of which are outside of the control of the Company, including general macroeconomic conditions and the potential impact of the global COVID-19 pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income