TDCX Inc. (NYSE:TDCX) Q4 2022 Earnings Conference Call March 7, 2023 7:30 PM ET
Company Participants
Jason Lim - Head of Investor Relations
Laurent Junique - Executive Chairman, Founder & Chief Executive Officer
Chin Tze Neng - Chief Financial Officer
Edward Goh - Executive Vice President, Corporate Development
Conference Call Participants
KC Ong - CGS-CIMB
Pang Vitt - Goldman Sachs
Varun Ahuja - Credit Suisse
Sigrid Qiu - JPMorgan
Shuo Han Tan - HSBC
Operator
Ladies and gentlemen, welcome to the TDCX Q4 2022 Results Announcement. My name is Kelly, and I’ll be coordinating your call today. [Operator Instructions]
I will now hand you over to the TDCX management team to begin.
Jason Lim
Hello, everyone, and welcome to TDCX fourth quarter and full year 2022 earnings conference call. My name is Jason Lim, the Head of Investor Relations. Allow me to introduce management on the call. We have our Executive Chairman, Founder and CEO; Mr. Laurent Junique; our CFO, Mr. Chin Tze Neng; and our EVP of Corporate Development, Mr. Edward Goh.
Before we continue, I would like to remind you that we will make forward-looking statements, which are subject to risks and uncertainties, and may not be realized in the future. You should not chase any reliance on any forward-looking statements.
Also this call includes the discussion of certain non-IFRS financial measures, such as adjusted EBITDA and adjusted net income. For a reconciliation of the non-IFRS measures to the closest IFRS measures, please refer to our press release on the Form 6-K, which is available on our website.
We have prepared a convenient translation for the translation of Singapore dollars to the US dollar. This was done at a rate of US$1 to SGD 1.3446. This should not be construed as a representation that any Singapore dollar amount can be converted to USD at least or any other REIT.
With that, let me hand over the call to Laurent. Laurent, please.
Laurent Junique
Hello everyone, and welcome to our results briefing for the fourth quarter and full year 2022. 2022 has been a challenging year, but despite that we continue to execute on our long-term growth strategy previously outlined during the IPO. We achieved our growth expectations with almost a 20% increase in revenue year-on-year. We doubled the number of new logos signed up to 41 and ended the year with our highest-ever client count of 84.
The new clients onboard have contributed around 20% of revenue growth for the year. This demonstrates a strong incremental growth that we can deliver from new clients. We also continue to execute well on our global expansion plans. We added three new geographies that have started to contribute meaningfully to our global revenue. I'll share more details later.