TDCX declares unaudited financial results for fourth quarter, full year 2021

KUALA LUMPUR, March 10 -- TDCX Inc (TDCX or the Company), a leading high-growth digital customer experience solutions provider for technology and blue-chip companies, has announced its unaudited financial results for the fourth quarter and full year ended Dec 31, 2021.

In a statement, Chief Executive Officer and Founder of TDCX, Laurent Junique said: “We end the year on a high note with record revenue and earnings.

“In 2021, we successfully listed on the New York Stock Exchange, welcomed our highest number of new clients in a year from high-growth sectors and delivered operationally by increasing headcount by 30 per cent and expanding into new geographies.

“These achievements are the result of our unwavering commitment and focus on pursuing long-term, quality growth. It is also a testament to our ability to solve complex customer experience challenges for new economy players and to help established firms transform their customer experiences.”

Full Year 2021 Financial Highlights include total revenue of US$410.7 million, representing 27.7 per cent year-on-year growth; and, profit for the period of US$76.8 million, representing 20.6 per cent year-on-year growth. (US$1 = RM4.183)

Meanwhile, Fourth Quarter 2021 Financial Highlights include total revenue of US$114.5 million, representing 28.8 per cent year-on-year growth; and, profit for the period of US$21.3 million, representing 7.0 per cent year-on-year growth. This included a US$3.9 million equity-settled share-based payment expense under the TDCX Performance Share Plan, which commenced in the fourth quarter of 2021.

Business Highlights include added 20 new logos in FY2021, more than double the nine logos added in FY2020; and, 52 clients as at Dec 31, 2021, a 37 per cent increase compared with 38 as at Dec 31, 2020.

The Company has also opened new office in South Korea in Q4 2021, with three projects launched.

TDCX employs more than 14,000 employees across 26 campuses globally, specifically Singapore, where it is headquartered, Malaysia, Thailand, the Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain and Colombia.

More details at www.tdcx.com.

-- BERNAMA