GlobalFoundries Results Presentation Deck
Key Q4'21 Results
(Unaudited)
Wafer Shipments
300mm equivalents (k)
+5%
595
Q4'20
622
Q4'21
+74%
Revenue (1)
$ in millions
1,062
Q4'20
1,847
Q4'21
Adjusted EBITDA & Margin (2)
$ in millions
+251%
GlobalFoundries © 2022 All Rights Reserved
166
16%
Q4'20
584
32%
Q4'21
Notes:
1. In 2020, the majority of our customer contractual terms were amended in a manner that resulted in moving from recognizing wafer revenue on a Percentage-of-Completion basis to recognizing revenue on a Wafer
Shipment basis. This resulted in a one-time, non-recurring reduction in net revenues recognized in 2020. Had the change in terms not occurred, net revenues for the quarter ended December 31, 2020 would have been
an estimated $501 million higher than reported results.
2. We define adjusted EBITDA as net income (loss), excluding the impact of interest expense, tax expense, depreciation, amortization adjusted for share-based compensation expense, transaction gains and associated
expenses, restructuring charges and litigation settlements; a reconciliation of adjusted non-IFRS to IFRS metrics can be found in the appendix.
GlobalFoundries™
4View entire presentation