Strong 2024 momentum anchored by cash flow growth Solid CSB revenue growth, up 5%, and segment Adjusted EBITDA, up 8% Streamlined focus on innovation and growth in core consumer markets .
Streamlined focus on innovation and growth in core consumer markets Fortified balance sheet with $2.1 billion of debt reduction in 2023 Continued record recurring monthly revenue and strong.
Significant balance sheet improvement driven by divestiture of commercial business Record high CSB recurring monthly revenue balance driven by strong retention Improved capital efficiency with.
Record high recurring monthly revenue balance and maintained record high customer retention Improved capital efficiency with record revenue payback of 1.9.
Net loss of $112 million, compared to $72 million
FULL YEAR
Net loss of $632 million, compared to $424 million
Adjusted EBITDA of $2,199 million, compared to $2,483 million
Net cash provided by operating activities of $1,367 million, compared to $1,873 million
Net cash used in investing activities of $1,137 million, compared to $978 million
Net cash used in financing activities of $70 million, compared to $1,214 million
Adjusted Free Cash Flow of $675 million, up from $590 million
Trailing twelve-month revenue payback at a record low 2.2 years
Trailing twelve-month gross customer revenue attrition of 13.1%, decreased 30 bps from a year ago
“ADT once again delivered strong financial and operating results during the fourth quarter. We maintained our record low revenue payback, while growing our RMR additions by double digits and increasing our net subscribers. This performance caps a year of delivering solid financial results while ensuring we continued to prioritize the we