Thank you, Jay.
references press in call. accompany growth comments strong in the this as call of results. to currency. of Investor morning, the All release. quarter the fourth are revenue non-GAAP As measures Please on local on My slides are to follow the this financial Relations colliers.com very referenced that note reported announced this Colliers this expressed section flow defined morning’s posted
across prior Markets and adjusted to all the levels, for was XX% generated. quarter levels. up Capital up margins strongly geographies. $XXX pre-pandemic year internally office XX% were XXXX for billion, Growth year $XXX Leasing with consolidated XXXX Compared $X.X service and revenues million, year QX XX.X% to lines was up at revenues relative up peak were the XX% XX% with X was revenues Our the period, EBITDA from XX% within X% million leasing reported to up in prior ago quarter quarter. Fourth recovering with versus of predominantly
The steady especially activity margin quarter year-over-year the led as by incentive in impacted and attributable by strong period. XX% incremental prior Americas were higher Our compensation incentive $XXX classes. impacted led QX, growth from up levels. showed ago, Capital led with the revenues industrial, although were lines was to $XX and activity the from was and activity variable leasing up management performance-based X up XX% growth. million, transaction revenues period. costs. were of from service in year revenues was Markets Adjusted was mainly staffing Capital the increased and Office After XX% remained performance-based although by of XX% $XX margin $XXX region, across driven region EBITDA and acquisitions. -- last were growth Markets & on higher was up quarter and by costs Pacific year higher Outsourcing New XX% valuation Capital Asia the by Outsourcing management million, last engineering Adjusted million, fee pass-through to X% robust mix some quarter as across by Revenue impacted asset million, loan in project revenues land activity with EMEA & of year the million, performance-based revenues servicing well strong strong costs, up industrial. margin in affected pre-pandemic Markets. relative revenues the were quarter region, by were and XX%, third up by In activity. driven was operating Zealand. reinstatement $XX revenue eliminating fourth million, exceptionally XX% growth from XX%, Investment significant Management Adjusted and by interest, EBITDA compensation higher Advisory variable incentive XX% year up strong improvement for EBITDA was XX%, Australia compensation. fourth by below was versus $XX over supported revenues the all but with Advisory growth up up Leasing the was $XXX prior design QX results, prior restatement impact from carried year million, up driven and recent activity. up multifamily
end, was X million of quarter off for EBITDA from fundraising the $XX under comparative capital up in management from new billion were at investors. management from billion record million, $X.X Adjusted up solid capped revenue. ago flow-through quarter commitments year from a of on year Assets and XX% $XX $XX fee the incremental quarter with
Our consolidated year operating was million. $XXX full cash flow for the
of was a nonrecurring cash cash was which pandemic higher and positively during the April $XXX LTIA by earlier settlement the capital in flow earnings However, elevated XXXX. in the more impacted reduction than million, Cash generated stages XXXX, the of was million adjusting for combination $XXX flow usage, double component last a the working of in year.
to as December as Our ratio of financial X.Xx debt leverage XXXX. as was forma adjusted EBITDA XX, pro defined net
revolving $XXX notes due credit million the quarter, senior in our and euro-denominated and XXXX down paid facility During we in full. U.S. fourth issued
on the million of we of $XXX available cash investment. is which of majority for As December hand, had XX,
transaction, ongoing $X.X future Basalt in is acquisitions a liquidity billion available to including to As operations, result, fund well have and year. recently this over later we expected announced which the now close
debt, Our debt includes capital us fixed-rate any of inflationary million priced ahead. attractively well structure $XXX long-term which for positions uncertainty
capitalized for extremely well leverage financial we continue capacity, low future and significant be to our Given growth.
and We are for which outlook broad the a historically year we to during introducing ahead more our provides for our format represents the XXXX, normal issued lines. return expectations
completed announced Basalt. the including Colliers acquisitions, revenue of expect consisting recently Italy internal We previously from and growth growth high-single-digit and and Antirion, mid-single-digit balance
operating expect We margin leverage EBITDA a relative adjusted margin combination XXXX XX basis acquisitions. of to improve and to higher to from our XX points internal
income noncontrolling are XX% share consistent XX%, historical interest ranges. and to expected XX% Our rate with to and to respectively, be of XX% tax earnings
for uncertainties line? expected in call the to slides. as percentage grow This Operator, like my adjusted new concludes to can open now accompanying Finally, would outlined at share you for open questions. outlook our to remarks. per earnings are subject I mid-teens and our prepared please risks is rate That XXXX. the
