Financial Performance - Q4 2021 - Revenue increased to $290 million, a 18% increase compared to $245 million in Q4 2020[19] - Ex-TAC Gross Profit increased to $77 million, a 15% increase compared to $67 million in Q4 2020[19] - Gross Profit increased to $67 million, a 17% increase compared to $58 million in Q4 2020[19] - Adjusted EBITDA reached $24 million, representing 31% of Ex-TAC gross profit and 20% of revenue[25] - Net income was $39 million, which included a one-time tax benefit of $318 million[25] Financial Performance - Full Year 2021 - Revenue reached $1016 billion, a 32% increase compared to $767 billion in FY 2020[31] - Ex-TAC Gross Profit increased to $272 million, a 40% increase compared to $194 million in FY 2020[31] - Gross Profit increased to $240 million, a 46% increase compared to $165 million in FY 2020[31] - Adjusted EBITDA reached $89 million, representing 33% of Ex-TAC gross profit and 20% of revenue[34] - Net income was $11 million, representing 1% of revenue[34] Media Partner Performance - Media Partner Net Revenue Retention was 126%[21] - New Media Partners accounted for 7% of revenue[21]
Outbrain (OB) - 2021 Q4 - Earnings Call Presentation