Clear Secure

Clear Secure, Inc. provides a technology platform, which enables frictionless and safe journeys using biometric identity. Its identity platform connects passengers to the cards in their wallet transforming the way passengers live, work, and travel, and also focuses on providing verification in several areas, such as events, healthcare, and sporting stadiums. The firm offers secured biometric identity verification to its customers from different industries through its CLEAR brand. The company was founded by Caryn Seidman-Becker and Kenneth Cornick in 2010 and is headquartered in New York, NY.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Clear Secure reports strong Q4 growth and eyes healthcare expansion

Clear Secure's Q4 performance reflects robust growth, exceeding revenue expectations and showcasing improved unit economics.
Strategic partnerships in healthcare and travel sectors, along with strong financials, position the company for future success.
While facing challenges in Q1 bookings and traffic trends, Clear Secure aims to capitalize on opportunities for growth and profitability.

Clear Secure (YOU) reports robust Q1 earnings, eyes growth opportunities

Clear Secure (YOU) delivered strong Q1 results with revenue and bookings growth, improved operating leverage, and increased free cash flow. Strategic partnerships and retention strategies are driving membership growth and expanding the TAM. The company faces challenges in managing new airport expansions and balancing growth with service quality, but opportunities lie in the increasing travel demand and upcoming TSA PreCheck launch.

Clear Secure reports robust Q2 earnings and unveils growth strategies

Clear Secure (YOU) demonstrated strong financial performance in Q2 2023 with revenue growth and increased margins.
The company is strategically rebranding and introducing new KPIs to drive growth and enhance shareholder value.
Despite challenges like inaccurate media reporting, Clear Secure is well-positioned for future growth and profitability.

Clear Secure reports strong Q3 growth and eyes financial services

Clear Secure's Q3 performance reflects robust growth, driven by revenue and booking increases, strong margins, and strategic acquisitions.
The company's focus on innovation, expansion, and efficiency highlights its commitment to long-term success and market leadership.
While challenges exist in integration and meeting targets, Clear Secure's strategic positioning and opportunities in digital identity and airport security bode well for future growth.

CLEAR surpasses 20M members, eyes strong growth and innovation

CLEAR's Q4 performance reflects strong growth metrics and a focus on enhancing customer experience through innovative identity verification solutions.
While facing short-term cost challenges, CLEAR's strategic initiatives and financial projections for 2024 signal a promising outlook for sustained growth and profitability.
By leveraging its loyal customer base, technological advancements, and market opportunities, CLEAR is well-positioned to capitalize on the evolving landscape and drive future success.

Clear Secure (YOU) reports robust Q1 earnings and eyes growth opportunities

Clear Secure (YOU) delivered impressive financial results in Q1 2024, with significant revenue growth and strong profitability. The company's focus on member experience, TSA PreCheck, and Clear Verified has yielded positive outcomes. Clear faces challenges in maintaining growth and member retention but has opportunities for further expansion and revenue growth.

Clear Secure reports robust Q2 earnings, eyes 50 million members

Clear Secure delivered strong financial results in Q2 2024, with notable increases in revenue, EBITDA, and free cash flow.
The company's growth in members, introduction of new technologies, and strategic initiatives position it well for future expansion.
While facing challenges in maintaining growth and navigating competition, Clear Secure has opportunities to drive innovation and revenue growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Clear Secure, Inc. is an identity company, which engages in developing biometric identity verification technology platforms. Its identity platform connects passengers to the cards in their wallet transforming the way passengers live, work, and travel, and focuses on providing verification in several areas, such as events, healthcare, and sporting stadiums. It offers secured biometric identity verification to its customers from different industries through its CLEAR brand. The company was founded by Caryn Seidman-Becker and Kenneth Cornick in 2010 and is headquartered in New York, NY.

NEW YORK, Oct. 6, 2021 /PRNewswire/ -- Six Flags Entertainment Corporation, the world's largest regional theme park company and largest operator of waterparks in North America, and CLEAR (NYSE: YOU), the secure identity company, announced that starting October 7 on days designated as "mega events," all guests will be able to use the CLEAR app and digital vaccine card feature for proof of vaccination and expedited entry at Six Flags Magic Mountain. Six Flags is the first major theme park to partner with CLEAR - creating a seamless, secure experience for theme park guests.

Six Flags Partners with CLEAR for Proof of Vaccination at Magic Mountain

LOS ANGELES, Oct. 5, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced its trusted and secure identity technology and expedited lanes are now available at the Tom Bradley Terminal of the Los Angeles International Airport (LAX).  With this expansion, CLEAR's expedited security lanes are now available at all nine LAX airport terminals.

CLEAR Expands To All Terminals At Los Angeles International Airport

NEW YORK, Oct. 4, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced iPhone users can now securely share verifiable health records from the Apple Health app with CLEAR's Health Pass - empowering users with greater access and control of their health information. With iOS 15, iPhone users who have downloaded and stored verified COVID-19 vaccination records in the Health app are now able to securely share them for use on their Health Pass for seamless access to CLEAR's nationwide network of Health Pass partner locations.

CLEAR's Health Pass Integrates with Apple's Health app for Verifiable Proof of Vaccination on iPhone

Rite Aid

CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) today announced a partnership with CLEAR (NYSE: YOU), the secure identity company, to offer Rite Aid customers the ability to access and share their proof of COVID-19 vaccination with CLEAR's digital vaccine card and Health Pass. Customers vaccinated at any Rite Aid location can supplement their paper vaccination card with a verified digital version accessible on their mobile device. The secure digital vaccine card can be linked to CLEAR's H

Rite Aid Partners With CLEAR to Offer Digital Vaccine Card

NEW YORK, Sept. 14, 2021 /PRNewswire/ -- Tappit , the global cashless and data experts, and CLEAR (NYSE:YOU), the secure identity company, today announced a strategic partnership designed to expand and enhance their collective offerings for entertainment, professional sports, colleges and retail sites.

Tappit and CLEAR Announce Strategic Partnership to Help Shape a Secure Contactless Future

NEW YORK, Sept. 13, 2021 /PRNewswire/ -- As restaurants grapple with evolving vaccine requirements and the complexity of operating amidst COVID-19, Resy, the hospitality technology platform owned by American Express, is partnering with CLEAR (NYSE: YOU), the secure identity company, to provide CLEAR's Health Pass technology to all Resy restaurants free of charge through 2022.

Resy and American Express Partner with CLEAR to Provide Free Health Pass by CLEAR To All Resy Restaurants

NEW YORK, Sept. 8, 2021 /PRNewswire/ -- As states and cities continue to announce vaccine requirements to protect public health, CLEAR (NYSE: YOU), the secure identity company, is launching the "Come Back Better" initiative to help businesses and organizations safely keep going.

CLEAR Launches "Come Back Better" Initiative to Keep Our Communities Going

NEW YORK, Aug. 30, 2021 /PRNewswire/ -- Today, CLEAR (NYSE: YOU), the secure identity company, and Checkr, the leading technology company in the background check industry, announced a strategic partnership of CLEAR's identity verification technology platform with Checkr's background check platform - simplifying and securing the screening process for job applicants and employers with CLEAR's trusted identity verification. Job candidates and employers of all sizes and across industries will be able to leverage this new, scalable hiring solution for a more trusted and expedited hiring process.

CLEAR and Checkr Partner on Frictionless Background Check Process

Booking Hlds

SAN FRANCISCO, Aug. 23, 2021 /PRNewswire/ --  As the Delta variant spreads and more cities require proof of vaccination for indoor dining, OpenTable , the world's leading provider of online restaurant reservations and part of Booking Holdings Inc. (NASDAQ: BKNG), and CLEAR (NYSE: YOU), the secure identity company, are partnering to offer diners a simple way to show proof of vaccination at a restaurant through CLEAR's digital vaccine card. OpenTable Adds CLEAR's digital vaccine card for easy proof of vaccination "Our partnership with CLEAR furthers our commitment to help both restaurants and diners navigate dining out in the next chapter of the pandemic," said Debby Soo, CEO, OpenTable.

OpenTable And CLEAR Partner to Help Restaurants Streamline Proof Of Vaccination Requirements Across The US

Clear Secure, Inc. (YOU)  CEO Caryn Seidman-Becker on Q2 2021 Results - Earnings Call Transcript

NEW YORK, Aug. 16, 2021 /PRNewswire/ --  CLEAR (NYSE: YOU) has posted a shareholder letter containing its 2021 second quarter financial results on its Investor Relations website at:  https://ir.clearme.com/ . CLEAR will host a conference call to discuss those results at 8:00 AM (ET) today.

CLEAR Announces Second Quarter 2021 Earnings

NEW YORK, Aug. 2, 2021 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE: YOU) today announced that it will report financial results for the second quarter ending June 30, 2021 at approximately 6:30 a.m. ET on Monday, August 16, 2021.

CLEAR Secure, Inc. to Announce Second Quarter 2021 Financial Results on August 16, 2021

NEW YORK, July 16, 2021 /PRNewswire/ --  Today, the State of Hawaii and CLEAR (NYSE: YOU) announced that they have expanded their Health Pass partnership to include "CDC card upload" for proof of vaccination through the Hawaii Safe Travels program. With this latest announcement, CLEAR's Health Pass can now be used by all fully vaccinated adults in the United States traveling on any airline from any mainland airport to Hawaii.

State Of Hawaii And CLEAR Expand Safe Travels Health Pass Partnership to Cover All Vaccinated Travelers

T. Rowe Price Associates, Inc held beneficial ownership of 27.6% in Clear Secure Inc (NYSE: YOU) as per SC 13G filed Jul. 12. T. Rowe Price New Horizons Fund, Inc held 16.8% ownership.

Clear Secure Reports Institutional Ownership

Krispy Kreme

Duolingo

Robinhood

Legalzoom.com

Mister Car Wash

Although they're incredibly risky, new stocks from upcoming and recent IPOs can provide excitement and opportunities for significant gains. The post IPO Flood: Should You Buy These 7 Hot New Stocks?

IPO Flood: Should You Buy These 7 Hot New Stocks?

NEW YORK, July 9, 2021 /PRNewswire/ -- CLEAR (NYSE: YOU) and the State of Hawaii have partnered to expand the use of CLEAR's Health Pass technology for COVID-19 test screening and vaccine verification of all Hawaii-bound travelers through the Hawaii Safe Travels program. Starting on July 9th, passengers over the age of 18 from every U.S. mainland airport and on any airline may utilize CLEAR's Health Pass as part of the Hawaii Safe Travels testing and vaccine requirements for arrival in all airports in Hawaii - making it simple and easy to travel to Hawaii without being subjected to a 10-day quarantine period.

State Of Hawaii And CLEAR Partner To Expand Safe Travels Program Across The U.S.

Clear Secure has seen a very successful public offering as investors like the potential of this business. I like the potential of the company and resilient performance throughout the pandemic.

Clear Secure: Secure Solutions, Perhaps A Secure Investment As Well

Goldman Sachs

Goldman Sachs, which consistently tops the equity capital markets rankings, has enlisted trading platform Robinhood Markets to help it sell shares of Clear Secure in the initial public offering set for this week. GS, along with fellow underwriters JPMorgan, Allen & Company and Wells Fargo, will give as much as 1% of the $455 million deal to Robinhood, which will then offload shares to retail investors through its trading unit.

Wall Street Enlists Main Street For IPO Advantage

Clear cofounder and CEO Caryn Seidman-Becker guided her company through Covid and to a buzzy IPO Wednesday: the biometric security company saw shares soar in their public market debut, and Seidman-Becker sees applications for her company that go well beyond the airport.

As Clear Secure Takes Off In $4.5 Billion IPO, CEO Caryn Seidman-Becker Eyes A ‘Frictionless' Future

Clear Secure has revealed details of its initial public offering (IPO) as shares of its stock prepare to start trading today. The post CLEAR IPO: 12 Things to Know About YOU Stock as ID Verification Play Clear Secure Secure Goes Public appeared first on InvestorPlace.

CLEAR IPO: 12 Things to Know About YOU Stock as ID Verification Play Clear Secure Secure Goes Public

Biometric screening company CLEAR made its market debut Wednesday on the New York Stock Exchange and is now trading under the ticker symbol “YOU.”

Biometric screening company CLEAR opens higher in its first trade as public company

NEW YORK, June 29, 2021 /PRNewswire/ -- CLEAR Secure, Inc. ("CLEAR") today announced the pricing of its initial public offering of 13,200,000 shares of its Class A common stock at an initial offering price of $31.00 per share. CLEAR has granted the underwriters a 30-day option to purchase up to an additional 1,980,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

CLEAR Secure, Inc. Announces Pricing of Initial Public Offering

Clear Secure has filed to raise $376 million in a U.S. IPO. The firm provides preferred access security services to venues and transportation in the United States.

News for Clear Secure Stock (YOU)