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Grab Reports Third Quarter 2024 Results
GRABGrab (GRAB) GlobeNewswire News Room·2024-11-11 23:30

Revenue grew 17% year-over-year, or 20% on a constant currency basis to 716millionOnDemandGMVgrew15716 millionOn-Demand GMV grew 15% year-over-year, or 18% on a constant currency basis to 4.7 billionProfit for the quarter was positive at 15millionAdjustedEBITDAimprovedby15 millionAdjusted EBITDA improved by 62 million year-over-year to an all-time high of 90millionOperatingCashFlowof90 millionOperating Cash Flow of 338 million in the third quarter, and Adjusted Free Cash Flow of $76 million on a trailing 12-month basis SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited ( ...