Uber: new record EBITDA margin in the 4th quarter


(CercleFinance.com) – Uber Technologies publishes attributable net profit of $1.4 billion for the last quarter of 2023, as well as an adjusted EBITDA margin improving by 1.2 points to 3.4% of reservations raw, marking a new historical record.

Its turnover increased by 15% to reach 9.9 billion dollars (+13% at constant currencies), and its gross reservations increased by 22% to 37.6 billion (including +29% in mobility and +19% in deliveries).

For the first three months of 2024, the services platform indicates that it anticipates adjusted EBITDA of 1.26 to 1.34 billion dollars (compared to 1.3 billion for the past quarter), as well as gross reservations of 37 to 38, 5 billion.

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