Thu. 22 Feb 2024, 6:15am ET
Benzinga
Earnings, News
Group Fourth Quarter 2023 Key Operational and Financial Highlights
($ in millions, unless otherwise stated) |
Q4 2023 | Q4 2022 | YoY % Change |
YoY % Change (Constant Currency4) |
||||
(unaudited) | (unaudited) | |||||||
Operating metrics: | ||||||||
GMV | 5,441 | 4,997 | 9 | % | 8 | % | ||
On-Demand GMV3 | 4,122 | 3,499 | 18 | % | 17 | % | ||
MTUs (millions of users) | 37.7 | 33.6 | 12 | % | ||||
GMV per MTU ($) | 144 | 149 | -3 | % | -3 | % | ||
Partner incentives | 172 | 174 | -1 | % | ||||
Consumer incentives | 225 | 238 | -5 | % | ||||
Financial measures: | ||||||||
Revenue | 653 | 502 | 30 | % | 30 | % | ||
Profit/(Loss) for the period | 11 | (391 | ) | NM | ||||
Total Segment Adjusted EBITDA | 228 | 112 | 104 | % | ||||
Adjusted EBITDA | 35 | (111 | ) | NM | ||||
Net cash used in operating activities | (26 | ) | (23 | ) | -9 | % | ||
Adjusted Free Cash Flow | 1 | (32 | ) | NM |