Despegar.com Income Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,618	2,854	3,802	3,793	810.67	407.96
Revenue Growth (YoY)	-32.12%	-24.94%	0.26%	367.85%	98.71%	-
Cost of Revenue	2,248	2,394	3,223	2,461	567.68	306.64
Gross Profit	369.72	460.03	578.93	1,331	242.99	101.32
Selling, General & Admin	267.19	276.06	309.93	185.08	62.32	43.2
Other Operating Expenses	-19.01	-38.3	-40.22	-14.6	-2.43	-2.71
Operating Expenses	248.18	237.76	269.71	170.48	59.89	40.49
Operating Income	121.55	222.26	309.23	1,161	183.1	60.83
Interest Expense	-4.72	-4.9	-7.25	-11.99	-16.07	-5.83
Interest & Investment Income	84.19	70	436.46	189.12	163.21	183.95
Earnings From Equity Investments	-6.04	63.77	-392.57	-82.46	92.62	-
Currency Exchange Gain (Loss)	35.21	68.77	420.93	145.41	45.75	4.64
Other Non Operating Income (Expenses)	-387.38	-409.13	-743.57	-496.76	-0.73	-1.56
EBT Excluding Unusual Items	-157.19	10.77	23.23	904.11	467.88	242.03
Gain (Loss) on Sale of Investments	-18.7	-18.7	-	-	-	-42.65
Legal Settlements	-0.09	-	-	-	-	0.23
Pretax Income	-172.42	-4.29	23.53	904.16	467.93	199.63
Income Tax Expense	408.73	442.67	-418.78	245.48	64.95	29.16
Net Income	-581.15	-446.96	442.31	658.68	402.98	170.47
Net Income to Common	-581.15	-446.96	442.31	658.68	402.98	170.47
Net Income Growth	-	-	-32.85%	63.45%	136.39%	-
Shares Outstanding (Basic)	130	130	130	130	130	130
Shares Outstanding (Diluted)	130	130	130	130	130	130
EPS (Basic)	-4.47	-3.44	3.40	5.07	3.10	1.31
EPS (Diluted)	-4.47	-3.44	3.40	5.07	3.10	1.31
EPS Growth	-	-	-32.85%	63.45%	136.39%	-
Free Cash Flow	-306.46	-145.6	38.57	58.23	217.25	92.67
Free Cash Flow Per Share	-2.36	-1.12	0.30	0.45	1.67	0.71
Dividend Per Share	-	-	-	0.817	-	-
Gross Margin	14.12%	16.12%	15.22%	35.10%	29.97%	24.84%
Operating Margin	4.64%	7.79%	8.13%	30.61%	22.59%	14.91%
Profit Margin	-22.20%	-15.66%	11.63%	17.37%	49.71%	41.79%
Free Cash Flow Margin	-11.71%	-5.10%	1.01%	1.54%	26.80%	22.72%
EBITDA	192.57	292.27	360.23	1,190	191.68	69.45
EBITDA Margin	7.36%	10.24%	9.47%	31.38%	23.64%	17.02%
D&A For EBITDA	71.02	70	51.01	29.24	8.58	8.62
EBIT	121.55	222.26	309.23	1,161	183.1	60.83
EBIT Margin	4.64%	7.79%	8.13%	30.61%	22.59%	14.91%
Effective Tax Rate	-	-	-	27.15%	13.88%	14.61%
Advertising Expenses	-	0.17	0.81	0.37	0.96	-

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.