TELUS International(US:TIXT)2024-02-09 20:47Financial Performance - Full-year 2023 revenue grew by 10% on a reported basis and 9% on a constant currency basis[27],[65] - Full-year 2023 Adjusted EBITDA was $583 million[44],[117], with an Adjusted EBITDA Margin of 21.5%[44],[117] - Q4 2023 revenue was $692 million, compared to $630 million in Q4 2022[111] - Q4 2023 Adjusted EBITDA reached $164 million, compared to $157 million in Q4 2022[44] - Free Cash Flow for the full year 2023 was $405 million[118] 2024 Outlook - The company anticipates full-year 2024 revenue between $2790 million and $2850 million, representing a year-over-year growth of 3% to 5%[33] - The company projects full-year 2024 Adjusted EBITDA between $623 million and $643 million, a year-over-year increase of 7% to 10%[33] - The company expects Adjusted Diluted EPS for full-year 2024 to be in the range of $0.93 to $0.98, reflecting a 7% to 13% year-over-year growth[33] Balance Sheet and Leverage - The company's Net Debt to Adjusted EBITDA Leverage Ratio as per credit agreement was 2.8x as of December 31, 2023[81],[119] - The company had a strong available liquidity position of $619 million as of December 31, 2023[81] Strategic Changes - Beginning in Q1 2024, the company will no longer exclude share-based compensation expense and changes in business combination-related provisions when presenting Adjusted Net Income, Adjusted Basic and Diluted EPS, and Adjusted EBITDA[2],[15],[19]