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enviri(NVRI) - 2020 Q4 - Earnings Call Presentation

Q4 2020 Financial Performance - Revenues for Q4 2020 were $508 million, compared to $400 million in Q4 2019, and $509 million in Q3 2020[11] - Adjusted EBITDA for Q4 2020 was $62 million, slightly above the prior year's $61 million[11] - Adjusted diluted earnings per share for Q4 2020 were $0.12, the same as in Q4 2019[11] - Free cash flow for Q4 2020 was $(8) million, compared to $28 million in Q4 2019[11] 2020 Full Year Financial Performance - Revenues for 2020 were $1.864 billion, a 24% increase compared to 2019[28] - Adjusted EBITDA for 2020 was $238 million, a 10% decrease compared to 2019[28] - Adjusted diluted earnings per share for 2020 were $0.49, a 46% decrease compared to 2019[28] - Free cash flow for 2020 was $2 million, compared to $(31.642) million in 2019[28,64] 2021 Outlook - The company anticipates a 10% to 15% increase in revenues for 2021[31] - The company anticipates approximately a 20% increase in Adjusted EBITDA for 2021[31] - Projected Adjusted EBITDA for Clean Earth in 2021 is expected to be between $72 million and $78 million[31] - Projected consolidated Adjusted EBITDA for 2021 is expected to be between $275 million and $295 million[32]