Despegar.com, Corp.
DESPFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
774
Cost of Revenue
208
Gross Profit
566
Gross Margin
73.1%
Operating Income
124
Operating Margin
16.0%
Net Income
28
Net Margin
3.6%
EPS (Basic)
$0.34
EPS (Diluted)
$0.33
EBITDA
162
EBITDA Margin
20.9%
2023
12/31/2023
Revenue
706
Cost of Revenue
229
Gross Profit
477
Gross Margin
67.6%
Operating Income
64
Operating Margin
9.1%
Net Income
24
Net Margin
3.5%
EPS (Basic)
$0.32
EPS (Diluted)
$0.32
EBITDA
81
EBITDA Margin
11.5%
2022
12/31/2022
Revenue
538
Cost of Revenue
178
Gross Profit
360
Gross Margin
66.8%
Operating Income
-2
Operating Margin
-0.3%
Net Income
-69
Net Margin
-12.7%
EPS (Basic)
$-0.89
EPS (Diluted)
$-0.89
EBITDA
21
EBITDA Margin
3.9%
2021
12/31/2021
Revenue
323
Cost of Revenue
157
Gross Profit
166
Gross Margin
51.4%
Operating Income
-91
Operating Margin
-28.2%
Net Income
-104
Net Margin
-32.1%
EPS (Basic)
$-1.27
EPS (Diluted)
$-1.27
EBITDA
-56
EBITDA Margin
-17.3%
2020
12/31/2020
Revenue
131
Cost of Revenue
86
Gross Profit
46
Gross Margin
34.8%
Operating Income
-174
Operating Margin
-132.2%
Net Income
-141
Net Margin
-107.1%
EPS (Basic)
$-1.93
EPS (Diluted)
$-1.93
EBITDA
-127
EBITDA Margin
-96.8%