HireRight Results Presentation Deck
Q1 2022 Financial Highlights
Revenue
(USD in millions)
(1)
·
$150
I
Q1-21
+ 33%
$199
Q1-22
Strong growth across all key verticals and
international markets
▪ Very high retention and upsell across existing
customer base
Strong quarter for new customer contract signings
Adjusted EBITDA margin is calculated as adjusted EBITDA as a percentage of total revenue.
© 2022 Hire Right. All rights reserved. Confidential.
Adjusted EBITDA and Margin (1)
(USD in millions)
L
■
$27
18%
Q1-21
+ 55%
$42
21%
Q1-22
Higher adjusted EBITDA driven by higher volumes
across key verticals
Improved operating leverage benefiting from
technology investment, international mix and
offshoring initiatives
Adjusted Diluted EPS
(USD in millions)
$0.12
Q1-21
$0.37
Q1-22
Higher adjusted net income largely driven by improved
operating results, lower interest expense from our
improved capital structure and continued benefit from
our tax assets
§₂
50000
HIRE RIGHT™View entire presentation