Clear Secure, Inc. financial data

Symbol
YOU on NYSE
Industry
Services-Prepackaged Software
Location
85 10 Th Ave., 9 Th Floor, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 144 % -24.7%
Debt-to-equity 281 % +78.1%
Return On Equity 13.4 %
Return On Assets 4.95 %
Operating Margin 8.92 %

Shares

Label TTM Value / Value Unit Change %
Common Stock, Shares, Outstanding 87.8M shares
Entity Public Float 2.05B USD +26.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 660M USD +37.8%
Research and Development Expense 72.6M USD -0.86%
Selling and Marketing Expense 45.6M USD +5.25%
General and Administrative Expense 217M USD -25.2%
Operating Income (Loss) 58.9M USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 93.1M USD
Income Tax Expense (Benefit) 2.81M USD
Net Income (Loss) Attributable to Parent 52.1M USD

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 64.1M USD +64.1%
Accounts Receivable, after Allowance for Credit Loss, Current 634M USD +65838%
Other Assets, Current 8.99M USD +38.8%
Assets, Current 744M USD -5.22%
Property, Plant and Equipment, Net 60.1M USD -11.6%
Operating Lease, Right-of-Use Asset 114M USD -5.24%
Intangible Assets, Net (Excluding Goodwill) 20.1M USD -6.53%
Goodwill 62.8M USD +6.72%
Other Assets, Noncurrent 12.6M USD +36.9%
Assets 1.02B USD -7%
Accounts Payable, Current 7.07M USD -36.8%
Employee-related Liabilities, Current 14.4M USD +40.8%
Accrued Liabilities, Current 240M USD +54.2%
Contract with Customer, Liability, Current 378M USD +26.8%
Liabilities, Current 625M USD +34.5%
Deferred Income Tax Liabilities, Net 1.77M USD -29.9%
Operating Lease, Liability, Noncurrent 120M USD -4.56%
Other Liabilities, Noncurrent 123M USD -5.74%
Liabilities 748M USD +25.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax 215K USD
Retained Earnings (Accumulated Deficit) -54.9M USD +48.7%
Stockholders' Equity Attributable to Parent 166M USD -44.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 269M USD -46%
Liabilities and Equity 1.02B USD -7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 80.3M USD +32.2%
Net Cash Provided by (Used in) Financing Activities -101M USD -1013%
Net Cash Provided by (Used in) Investing Activities 26.2M USD
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.05M USD -94.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 67.7M USD -3.21%
Deferred Tax Assets, Valuation Allowance 230M USD +11.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 232M USD +12%
Operating Lease, Liability 127M USD -2.1%
Depreciation 19M USD +16.2%
Payments to Acquire Property, Plant, and Equipment 2.78M USD -70.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 52.9M USD
Lessee, Operating Lease, Liability, to be Paid 208M USD -5.61%
Property, Plant and Equipment, Gross 136M USD +7.82%
Operating Lease, Liability, Current 5.82M USD +6.12%
Lessee, Operating Lease, Liability, to be Paid, Year Two 15M USD +0.09%
Lessee, Operating Lease, Liability, to be Paid, Year One 15M USD +21.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure -98.9%
Deferred Income Tax Expense (Benefit) 715K USD +751%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 80.3M USD -10.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 14.8M USD -1.43%
Deferred Tax Assets, Operating Loss Carryforwards 13.4M USD -20.8%
Deferred Federal Income Tax Expense (Benefit) -747K USD +9.12%
Current Income Tax Expense (Benefit) 1.45M USD +254%
Unrecognized Tax Benefits 1.14M USD +160%
Lessee, Operating Lease, Liability, to be Paid, Year Four 14.9M USD +0.74%
Operating Lease, Payments 15M USD +211%
Additional Paid in Capital 221M USD -45.5%
Current State and Local Tax Expense (Benefit) 1.01M USD +278%
Current Federal Tax Expense (Benefit) 163K USD +104%
Operating Leases, Future Minimum Payments, Due in Two Years 14.7M USD
Amortization of Intangible Assets 3.54M USD +10.7%
Depreciation, Depletion and Amortization 22.6M USD +15.3%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 13M USD
Share-based Payment Arrangement, Expense 31.3M USD -51.4%
Operating Leases, Future Minimum Payments, Due in Three Years 8.15M USD
Operating Leases, Future Minimum Payments Due 39.8M USD
Deferred State and Local Income Tax Expense (Benefit) 25K USD