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![Clear Secure, Inc. [YOU] reports annual net loss of $49.9 million](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FYOU.png&w=1200&q=75)
Clear Secure, Inc. [YOU] has reported a net loss of $49.9 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $613.6 million
Based in NEW YORK, New York, Clear Secure, Inc. operates in the SERVICES sector.
The consolidated statements of operations for Clear Secure, Inc. for the 12 months ended December 31, 2023, December 31, 2022, and December 31, 2021, are as follows:
**Revenue:**
- 2023: $613.6 million
- 2022: $437.4 million
- 2021: $254.0 million
**Operating Expenses:**
1. **Cost of Goods Sold:**
- 2023: $88.6 million
- 2022: $56.3 million
- 2021: $37.2 million
2. **Cost of Direct Salaries and Benefits:**
- 2023: $142.8 million
- 2022: $104.8 million
- 2021: $67.7 million
3. **Research and Development:**
- 2023: $74.4 million
- 2022: $66.8 million
- 2021: $47.5 million
4. **Sales and Marketing:**
- 2023: $43.5 million
- 2022: $41.7 million
- 2021: $35.2 million
5. **General and Administrative:**
- 2023: $222.4 million
- 2022: $278.2 million
- 2021: $168.9 million
6. **Depreciation and Amortization:**
- 2023: $21.6 million
- 2022: $18.8 million
- 2021: $12.4 million
**Operating Income (Loss):**
- 2023: $20.1 million
- 2022: ($129.1) million
- 2021: ($114.9) million
**Net Income (Loss):**
- 2023: $49.9 million
- 2022: ($115.4) million
- 2021: ($115.2) million
**Earnings per Share (Basic and Diluted):**
- 2023: $0.31
- 2022: ($0.80)
- 2021: ($0.48)
The net income attributable to Clear Secure, Inc. for the mentioned years and earnings per share figures depict the company's financial performance and profitability over the respective periods.
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