Despegar.com Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
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
Revenue	30,887	28,394	40,000	108,560	42,920
Revenue Growth (YoY)	-24.20%	-29.02%	-63.15%	152.94%	-
Cost of Revenue	34,275	29,993	33,153	75,658	33,351
Gross Profit	-3,387	-1,599	6,846	32,902	9,568
Selling, General & Admin	7,502	7,171	5,990	5,712	3,639
Research & Development	-	-	-	200	-
Other Operating Expenses	156.14	156.14	132.73	98.52	38.73
Operating Expenses	8,707	8,375	6,720	6,393	3,809
Operating Income	-12,094	-9,974	126.78	26,508	5,760
Interest Expense	-170.77	-170.77	-223.47	-98.82	-242
Interest & Investment Income	214.09	214.09	573.6	628.19	212.33
Currency Exchange Gain (Loss)	547.4	547.4	171.64	-735.4	432.46
Other Non Operating Income (Expenses)	-3,154	-3,501	18.17	44.86	100.99
EBT Excluding Unusual Items	-14,658	-12,885	666.73	26,347	6,263
Gain (Loss) on Sale of Investments	0.33	0.33	-	0.09	0.08
Gain (Loss) on Sale of Assets	489.49	489.49	15.93	-0	0.09
Asset Writedown	-1,972	-1,972	-10,023	-	-
Pretax Income	-16,139	-14,366	-9,340	26,347	6,263
Income Tax Expense	1,145	1,390	-1,143	4,460	1,214
Net Income	-17,284	-15,757	-8,198	21,887	5,050
Net Income to Common	-17,284	-15,757	-8,198	21,887	5,050
Net Income Growth	-	-	-	333.43%	-
Shares Outstanding (Basic)	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	8	8
Shares Change (YoY)	0.02%	0.11%	-1.98%	1.50%	-
EPS (Basic)	-2312.82	-2108.93	-1098.41	2940.56	688.26
EPS (Diluted)	-2312.89	-2109.00	-1098.41	2875.00	673.00
EPS Growth	-	-	-	327.19%	-
Free Cash Flow	65.56	-4,878	-28,276	10,963	-6,062
Free Cash Flow Per Share	8.77	-652.88	-3788.75	1439.84	-808.19
Gross Margin	-10.97%	-5.63%	17.12%	30.31%	22.29%
Operating Margin	-39.16%	-35.13%	0.32%	24.42%	13.42%
Profit Margin	-55.96%	-55.49%	-20.49%	20.16%	11.77%
Free Cash Flow Margin	0.21%	-17.18%	-70.69%	10.10%	-14.12%
EBITDA	-8,670	-6,661	2,996	28,582	6,915
EBITDA Margin	-28.07%	-23.46%	7.49%	26.33%	16.11%
D&A For EBITDA	3,425	3,314	2,869	2,073	1,155
EBIT	-12,094	-9,974	126.78	26,508	5,760
EBIT Margin	-39.16%	-35.13%	0.32%	24.42%	13.42%
Effective Tax Rate	-	-	-	16.93%	19.38%
Advertising Expenses	-	64.31	-	33.88	5.34

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.