Global Business Travel Group, Inc. (GBTG)

GBTG Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	2,290	1,851	763	793	2,119
Revenue Growth (YoY)	23.72%	142.60%	-3.78%	-62.58%	-
Cost of Revenue	958	832	477	529	880
Gross Profit	1,332	1,019	286	264	1,239
Selling, General & Admin	699	650	414	380	541
Research & Development	405	388	264	277	339
Other Operating Expenses	236	179	168	354	153
Operating Expenses	1,340	1,217	846	1,011	1,033
Operating Income	-8	-198	-560	-747	206
Interest Expense / Income	141	98	53	27	15
Other Expense / Income	-77	-210	-427	-629	-3
Pretax Income	-72	-86	-186	-145	194
Income Tax	-9	-61	-186	-145	60
Net Income	-63	-25	0	0	134
Shares Outstanding (Basic)	252	51	37	36	36
Shares Outstanding (Diluted)	458	446	37	36	37
Shares Change	2.77%	1091.55%	3.91%	-2.97%	97.88%
EPS (Basic)	-0.25	-0.50	-12.91	-17.18	3.72
EPS (Diluted)	-0.30	-0.51	-12.91	-17.18	3.61
Free Cash Flow	49	-488	-556	-297	165
Free Cash Flow Per Share	0.20	-9.52	-14.86	-8.25	4.58
Gross Margin	58.17%	55.05%	37.48%	33.29%	58.47%
Operating Margin	-0.35%	-10.70%	-73.39%	-94.20%	9.72%
Profit Margin	-2.75%	-1.35%	-	-	6.32%
Free Cash Flow Margin	2.14%	-26.36%	-72.87%	-37.45%	7.79%
Effective Tax Rate	-	-	-	-	30.93%
EBITDA	263	194	21	30	350
EBITDA Margin	11.48%	10.48%	2.75%	3.78%	16.52%
Depreciation & Amortization	194	182	154	148	141
EBIT	69	12	-133	-118	209
EBIT Margin	3.01%	0.65%	-17.43%	-14.88%	9.86%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).