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Grab Hldgs Q4 GMV $5.44B Up 9% Y/Y, On-Demand GMV $4.122B +17%, MTUs 37.7M +12%

Author: Benzinga Newsdesk | February 22, 2024 07:15am

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

Posted In: GRAB

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