Clear Secure (YOU) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, YOU crossed above the 200-day moving average, suggesting a long-term bullish trend.The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level.Over ...

New enrollment locations offer convenient option for consumers to enroll or renew in TSA PreCheckNEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations outside the airport environment to enroll and renew consumers in the Trusted Traveler program by opening new locations at Sawgrass Mills®, The Florida Mall®, The Galleria™, and Lenox Square®. These locations–in Sunrise; Florida; Orlando, Florida; Houston, Texas; and Atlan ...

I am an engineer and an individual who is passionate about finance/stock investment. I hold a Ph.D. in engineering and have been involved in acoustics and noise research for the past years. I am interested in capital appreciation opportunities. These include purchasing high-quality undervalued companies, and great companies that are growing at a high rate and that are reasonably priced. I also invest in dividend-paying stocks as long as these are good companies, and they are correctly priced. I hope to prov ...

After reaching an important support level, Clear Secure (YOU) could be a good stock pick from a technical perspective. YOU surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average is a widely used technical indicator that helps determine support or resistance levels for different types of securities. It's one of three major moving averages, but takes precedent because it's the first sign of an up or down trend.YOU could be on the verge of anot ...

Shares of Clear Secure (YOU) have gained 3% over the past four weeks to close the last trading session at $24.17, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $30.63 indicates a potential upside of 26.7%.The average comprises eight short-term price targets ranging from a low of $23 to a high of $45, with a standard deviation of $8.43. While the lowest estimate indicates a dec ...

Clear Secure, Inc. (NYSE:YOU) Q4 2024 Earnings Conference Call February 26, 2025 8:00 AM ET Company Participants Caryn Seidman-Becker - Chairman & CEO Ken Cornick - President, CFO & Director Conference Call Participants Joshua Reilly - Needham & Co Ben Miller - Goldman Sachs Cory Carpenter - JPMorgan Dana Telsey - Telsey Advisory Group Mark Kelley - Stifel Michael Turrin - Wells Fargo Operator Good morning, and welcome to CLEAR's Fiscal Fourth Quarter 2024 Conference Call. We have with us today, Caryn Seidm ...

Financial Performance - Total revenue for 2024 reached $770,488,000, a 25.6% increase from $613,579,000 in 2023 [422]. - Operating income for 2024 was $123,191,000, compared to $20,138,000 in 2023, marking a significant improvement [422]. - Net income attributable to Clear Secure, Inc. for 2024 was $169,676,000, up from $28,108,000 in 2023, reflecting a substantial growth [422]. - Comprehensive income attributable to Clear Secure, Inc. for 2024 was $167,969,000, compared to $31,687,000 in 2023 [425]. - The net income for the year ending December 31, 2024, was $225,274,000, compared to $49,888,000 for the previous year, indicating a significant growth [433]. - The company reported a net income per share of $1.81 for both Class A and B Common Stock in 2024, up from $0.31 in 2023 [422]. - Operating cash flow for 2024 was $295,677, up from $225,033 in 2023, indicating a 31.2% increase year-over-year [439]. Assets and Liabilities - Total assets increased to $1,194,932,000 in 2024 from $1,045,009,000 in 2023, representing a growth of 14.3% [420]. - Total liabilities rose to $956,992,000 in 2024, compared to $675,785,000 in 2023, indicating a 41.6% increase [420]. - The company had cash and cash equivalents of $66.9 million as of December 31, 2024 [398]. - The company recorded marketable securities totaling $543 million as of December 31, 2024, primarily invested in government securities and money market funds [400]. - The total paid-in capital as of December 31, 2024, was $114,231,000, showing a decrease from $394,390,000 at the beginning of the year [433]. - The company reported a depreciation expense of $21,749 for 2024, up from $18,215 in 2023, which is a 13.9% increase [439]. Tax and Financial Agreements - The company expects to pay approximately $462.7 million under the Tax Receivable Agreement over 15 years, assuming all future redemptions occur on December 31, 2024 [221]. - The Tax Receivable Agreement requires the company to pay 85% of cash savings from tax benefits realized, which could significantly impact liquidity [219]. - Payments under the Tax Receivable Agreement could exceed actual cash savings in income tax, leading to potential financial strain [224]. - The Tax Receivable Agreement requires payments based on tax reporting positions, which may be challenged by the IRS or other tax authorities, potentially affecting future cash payments [222]. Dividends and Stock Repurchase - The company has approved a quarterly dividend policy but may face limitations due to its holding company structure and contractual restrictions [211]. - The ability to pay dividends may be restricted by covenants in debt agreements and other factors [212]. - As of December 31, 2024, $52.7 million remained available under the stock repurchase program, which allows for the purchase of up to $600 million of Class A Common Stock [229]. - The company distributed $28,828,000 in special dividends during the year [433]. - The company repurchased Class A Common Stock amounting to $272,920 in 2024, compared to $69,673 in 2023, indicating a significant increase in stock buybacks [439]. Organizational Structure and Control - As of December 31, 2024, the Founder Post-IPO Members control approximately 82.1% of the combined voting power of the outstanding shares [214]. - The organizational structure may confer benefits to CLEAR Post-IPO Members that do not equally benefit Class A Common Stock holders [213]. - The company is subject to covenants in its Credit Agreement that limit its ability to incur additional debt, pay dividends, or engage in certain business activities, which may hinder future operations [227]. Market and Operational Challenges - The company’s decisions to enhance member experience may conflict with short-term financial results, potentially affecting stock price [205]. - The company expects continued variability in its operating and financial performance due to factors outside its control [242]. - The company anticipates that fluctuations in its stock price may occur due to factors unrelated to its operating performance [243]. Internal Controls and Compliance - The company may face challenges in maintaining effective internal controls, which could impair the accuracy of financial statements and compliance with regulations [235]. Revenue Generation - The Company primarily generates revenue from subscriptions to its consumer aviation service, CLEAR Plus, with membership subscription revenue presented net of taxes, refunds, and chargebacks [453]. - The Company recognizes revenue ratably from its consumer aviation subscription service, with performance obligations satisfied over time as services are rendered, typically over a period of less than 12 months [459]. - The Company’s revenue is primarily derived from subscriptions to its consumer aviation service, CLEAR Plus, with no individual airport accounting for more than 10% of membership revenue [529]. Acquisitions and Investments - The Company acquired assets of Sora ID, Inc. for a total purchase consideration of $5,250 thousand, including $1,500 thousand in deferred consideration [522]. - Goodwill recognized from the acquisition of Sora ID, Inc. amounted to $3,950 thousand, which is deductible for tax purposes [522]. - The Company evaluates acquisitions to determine if they are business combinations or asset acquisitions, with goodwill recognized as the excess of purchase price over net identifiable assets acquired [484].

Clear Secure (YOU) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 221.43%. A quarter ago, it was expected that this airport security company would post earnings of $0.33 per share when it actually produced earnings of $0.30, delivering a surprise of -9.09%.Over the last four quarters ...

Exhibit 10.3 EMPLOYMENT AGREEMENT Secure Identity, LLC (the "Employer" and the Employer together with its parents, subsidiaries, and affiliated entities are referred to as the "Company"), and Jennifer Hsu ("Executive") (collectively, the "Parties") agree to enter into this EMPLOYMENT AGREEMENT dated as of February 20, 2025 (this "Agreement") as follows: 1. Employment. The Employer hereby agrees to employ Executive, and Executive hereby agrees to be employed by the Employer, upon the terms and subject to the ...

Core Insights - Ken Cornick, Co-Founder, President, and CFO of CLEAR, is stepping down from his executive roles and transitioning to an advisory position, having been instrumental in the company's growth from 190,000 members in 2010 to over 30 million members today [1][4] - Michael Barkin has been appointed as the new President of CLEAR, effective March 31, 2025, bringing extensive experience from his previous roles, including Executive Vice President and CFO at Vail Resorts [2][4] - Jen Hsu will take over as Chief Financial Officer, also effective March 31, 2025, with a strong background in corporate finance and investor relations from her time at Chewy, JPMorgan, and Goldman Sachs [3][4] Company Overview - CLEAR's mission focuses on creating frictionless experiences for its members, with a secure identity platform that enhances safety and ease in various environments, including travel and digital interactions [5] - The company emphasizes privacy, ensuring that members retain control over their information and that their data is not sold [5]