Fiscal Fourth Quarter 2021 Financial Results
Fiscal Fourth Quarter 2021 Results
YOY Increase/ (Decrease)
GAAP Nominal-Dollar Basis
Non-GAAP Nominal-Dollar Basis (1)
Net
Revenues
*
29%*
(~0.5%)
~0%
28%
Client Incentives
as a % of
Gross Revenues
26.7%
Note: Refer to Non-GAAP and Adjusted Constant-Dollar Results Footnote for further information.
1
Fiscal Fourth Quarter 2021 Financial Results
0%
Operating
Expenses
15%
Foreign Currency Impact
Acquisition Impact
Adjusted Constant-Dollar Basis (2)
Had we recognized service revenues on current quarter's payments volume and other revenue components remained unchanged, net revenues would have
increased approximately 22%.
26.7%
15%
~0.5%
~0%
Effective Income
Tax Rate
15%
16.6%
16.5%
0%
Diluted Class A
Common Stock
Earnings Per Share
70%
16.5%
44%
(~0.5%)
~0%
44%
(1) Non-GAAP results exclude special items, equity investment gains and losses, amortization of acquired intangible assets for acquisitions in fiscal year 2019 and
subsequent periods, non-recurring acquisition-related costs and the related tax impacts.
(2) Adjusted financial results are on a constant-dollar basis and exclude the impact of the non-GAAP items and operating revenues and expenses of the acquired
entities that were not in the entire quarter of the previous year and the incremental interest expense or forgone interest income as a result of funding the
acquisition through debt or cash, respectively.
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