Adam. Thanks,
well couple to for best in as this future. last That lot There's a focused we of as initiatives about time business focus, best of products, resources In and and on we fantastic particular, which leading spend what being projects. Internally, as nice returning on invest other invest of control them and our to to stability, simplification internally a talked have our current are two wisely of are to have well, in thing we market both and profile. a affords stability wanted can we have that a In with team, existing our shareholder ensuring theme financial that stability time model externally. letters, two new environment. and a our our allocated the themes we is today with the resources and very we us touch and
delivering to and XX value of value cash going partners ultimately time is flow, publishing and position remaining We're spin apps sale on have which with and of last has that effort to earn-outs, increased excited where of get to on focused now management our us invest studios remaining we've portfolio that really months optimize a And to we and headcount the to underperforming maximize pleased the spent that's we're our portfolio. allowed grow We now working that X forward. been nearing to closure reformatting, portfolio, example completion. on reductions, say assets. our the is and the An focused
in for closure and you'll financials our the shareholder is of One net quarter. including a these did that the assets, we divestiture in see that, take in did the fourth letter loss $XXX note million $XXX million we charge
Another is in simplifying area we're hand. and we focusing initiatives have on where the
Adam And mentioned, still bar to great and market the some assets need are that amazing means super underway synergistic, got us, that valuation. program highly to optimistic in certainly they projects we've strategic our that a but gone the we're We're about. M&A for be As would has up. for attractive
M&A. the is high So bar for
And and for decisions that's lastly, focused been or always public, remain were the we've private what we making term. on we on when focused long
quarterly will much very one the focused to quarter out, won't first near-term manage guidance long-term we So that while we're on give and the targets.
shareholder the all won't a letter, things. Turning and financials that's quickly, but reiterate data I few facts and highlight will to key in I the the
of line the the the fourth quarter and Platform in to came First that year-over-year. in all, fourth for grew Included for the XX% Software top where guided we the quarter both quarter. at performance end, which bottom-line on high third was in
quarter quarter quarter year, margin. For revenue came EBITDA, as in we're total $X.X the year billion essentially guiding the 'XX, well the this being as EBITDA. XX% and coming of over to entire of at a we total fourth generated in equates of for revenue $X that to first Then the to flat and billion
the One change the equation. reporting, to we're Software apps, have the our of been Platform our to we offering are KPIs well. in and customers simplify note that some for are Platform business. side we not because the broader. That's several really of metrics believe going with a next quarter of helpful applications are of that to are the have and We regard Software particular much solutions understanding confusing is bit become as indicative size different or The the and
singular SPEC helpful. aren't like per revenue SPEC So and terribly metric having a
two So well metric those we'll the going forward. as metrics be TSTV taking away as
that And on What we focus AppDiscovery there's Platform though of to our the are going that's install you revenue that do metrics been biggest reporting plus will metrics in report is going we've And around to forward And the business important. we continue And the we'll Software is a do historically, think metric meaningful. forward. business we those want installs. that ALX. number our and per and are report
for of of install by and XX% of number installs In terms terms metric AppDiscovery the 'XX increase per in in increased over 'XX, XX%. that and ALX revenue
So make we focused one on will to continue forward the guide metrics as our we over course, sure of to you're metrics you time. evaluate And would to other of those software best business going grow of going forward. business components our describe
glad performance now our of of financial are of we billion we $X business, we the have EBITDA had terms cash. and billion $X that In over of overall
trillion EBITDA added where quarters our a We and flow on well. as we've fourth had in And you We free the quarter given million of X focused cash letter, of are flow very shareholder cash cash the table free XXX new we've performance. you'll see of in XXX million flow. free
free of flow definition cash finance CapEx from flow the operations, Our cash and free less leases. less is
of that's indicator free So the we a think flow which we're not proud just of. actual bottom-line cash EBITDA, great to but
can in share business going as And where position Our new a have we grow bar, M&A this invest wanted what but investments our find high that in as range also financial allows well to forward. us resiliency can there's where buybacks. from we to
as so back the in $XXX share continuing cash. $X capital quarter see policy amount fourth we against to But we invested buyback. we over terms the as billion not we in million buy $XXX can cash 'XX, any year shares are ended assess buybacks, as our that allocation In the well with as our over of of you in million did quarter, of increase the authorized
our invest initiatives other think going today as about We wherewithal going forward. to including well in repurchases and share financial consider as given excited for are we're we the positioned investments, the forward, well business
we're in wherewithal on optimistic we as an financial have. about that the got summary, have amazing focused the to think team that we right glad things, in we're So well and have the our ahead. we've the stability as We future very business
for that, with I'll turn to XAnd over Ryan it Q&A.
