Total revenues for Q4 reached $256 million in 2021 up from $156 million in 2020. For the full year revenues totalled $966 million up from $417 million in 2020.
Expenses for the period, including operating expenses, interest, compensation, administration, depreciation and amortization etc. cost the group roughly $406 million for the Q4 up from $ 278 million in 2020. While expenses for FY2021 reached $1.4 billion in 2021 and $ 788 million in 2020.
Net income came in at loss of approximately -$43million for Q4 2021, a decrease of -$307million for the same quarter in 2020. For the full year, net profits were reported at -$816 million in 2021, a much smaller loss than its -$3.7 billion in 2020.
“2021 was a remarkable year for DigitalBridge. We finished rotating $78 billion in AUM in less than three years and at the same time doubled revenue in our digital businesses,” said Marc Ganzi (pictured), president and CEO of DigitalBridge.
"During that time, we’ve established DigitalBridge as the premier global digital infrastructure investment platform, the partner of choice to investors deploying capital into this resilient, growing asset class. As we look ahead to 2022, we are leveraging our unique investor-operator model to continue building our team and our portfolio to capitalise on the many opportunities we see to support the continued growth of our customers and deliver exceptional returns for our investors."
Cash dividends paid in January 2022, according to stock type came in as $0.4453125 per share for series H preferred stock; $0.446875 per share for series I preferred stock; and $0.4453125 per share for series J preferred stock.
These rates will continue when dividends are paid in April 2022.
