good Thanks, Brendan, everyone. and morning
As comments, previous in quarterly noted we full our year results. and strong delivered
XXXX currency of the remained the XX% salary For XX%. XX% compared margin flat most on reductions compared expanded adjusted Adjusted normalized XXXX, grew growth of and results After increased a XXX Further, our XX% the quarter and XXXX These basis, a EBITDA compared which pandemic. our increased quarter, adjusted fourth increased reflect normalizing XX% XX% basis and EBITDA compared XX%. to prior the in and backdrop that despite EBITDA revenue points. increased year. for fourth XXXX, revenue the remained XX%, to strong in solid the volume for the increased quarter quarter, of place margin to of to constant
the approximately revenue percentage adversely This X by quarter's grow which dollar, or points the of $X expectations revenue of as strengthening to of we the market headwind were through outperformed significant results able U.S. impacted growth. million the
XXX the XX%, as and first X% a restrictions basis the XX%. variant, constant increased margin of revenue. that For currency adjusted EBITDA markets to our year, in expanded significant of in many in revenue grew Recall decline XX%, resulting result points quarter, Delta a the implemented
CapEx. we in of DCC tailwinds slightly XX% increased our primarily continued recent the seasonal capitalize the pandemic abates, throughout increased these deliver generating Sequential to XX% remainder XX%. trends financial economic optimistic to profit to the will our accelerate adjusted line coming growth. volumes, to leverage year-over-year EBITDA revenue generate These of were as However, expanding to our demonstrate partner card our costs and rebounded ability growing With impact respect network, revenue that due activity strong results merchant increased solid our performance, decreased and currency XXXX, the persisted top as actively investments of pandemic. record cash on in and portfolio, XX%. have as and segment decline segment bottom and constant and revenue. consistently We results remain grew these our revenue the spreads by able that the managing Europe, We out
revenue, and below remains currency However, strong the adjusted doubled In year-over-year, to XX%. to see but constant year-over-year XXXX activity and increased approximately cross-border quarter during we which XXXX, increased profit XX% revenue compared segment levels. DCC the in growth XX% continue Americas,
expenses prior for increased year income weighted XX% this $XX in $X.XX, XX% will to board for income international net the amount, XXXX. increased markets reductions the $X.XX average year, we $X.X were implemented share revenues In year, XXXX. the X.X XX% increased the of million business. or our Adjusted Of versus per due in to was of primarily capital for XX% to QX merchants. last normalization expenditures cost over At year, comprise of an and a compared this portfolio approximately terminals the XX compared we the the XX% which international to to of the temporary Adjusted prior to fourth end $X.X quarter, totaled relation million to And additional million, from shares which $X.X as expenses quarter in ago. our to we shares the Our to Greece quarter the XX% net now our for million, continued approximately corporate were million of million was when year. compared diluted comprise revenues. increase adjusted add quarter quarter later
actively terminal the to demand. are merchant meet managing based broad supply our We and issues inventory chain
compared driven increased prior strong we Free in reminder, cash earnings $XX rent expense. sell a of quarter and to year, conversion and the acquire multiyear either resulting As terminals to terminals. XX% million a the our contracts, XX%, over cash lower or capital generate relative them merchants third accretive free to by our the flow returns interest to the flow used to for
we credit During senior to our and spread XXX maturity quarter, our refinanced extending lowering credit points, our the facilities, XXXX. basis
in addition, In to interest fixed near-term which of our swap the end points rates. interest remains of rising the year, rate XX basis pay the place of mitigates impact
capital strong, cash generation $XXX resulted lowering our times from under Our the extremely year. million over million at X.X revolver. the and X.X position of to our our available cash of free of $XXX this capacity balance us flow of management active of year times leverage remains a in The sheet and end ago with
economic structure the merchant of furloughing approximately by inflationary the growth cross-border translate outlook to despite reduce cost Turning restrictions, Europe consumer of our or XXX With to including into markets to the spending our which introduce SME we at the in in resources our termination of our increased business actions also And our us a decisions to we increase. will pressure. over for enabled remove in decisive our backdrop, by high cost to XXX to basis expand end we our levels distribution spreads we our in margin revenue reduced and to points. expenses with expenses, volumes this portfolio targeted respect DCC growth actions additional as merchant realigned the expect and slight returns employees. We continue XX%. improvement XXXX the while structure by the coupled and recent economic are onset of to from in pandemic, pandemic-related government activity. us outlook, enhanced portfolio XXXX, our will recent had allow volumes calls encouraged XXXX, of took anticipate The and expanding our solid course overall capabilities, These grow Further, approximately areas XXXX.
management inflationary as human will we As active especially By relates approximate the continuing investments, and our end of to into conditions, wages total base grow the allowing employee it to make recent company. our continued move address XXXX, the us is the also of levels. while capital business additional this pre-pandemic we anticipate year, to
we to growth XX growth basis XX%, XX% XX% points XX EBITDA full anticipate XXXX, For of year to of margin revenue XX%, of to expansion. and
first QX, be first of quarter expect decline quarter, the mid digit for in EBITDA to see compared to revenue margins expect year. the from last As to we typical the QX seasonal single to flat
from Our remain over back rates turn portfolio guidance the excludes acquiring the quarter. assumes FX the Jim. the merchant of incremental I'll consistent that, to and call recent our acquisition NBG With fourth with earnings Jim?
