Financial Performance - Grab's Q2 2025 revenue increased by 23% year-over-year (YoY) to $819 million, or 19% YoY in constant currency[32] - Adjusted EBITDA for Q2 2025 was $109 million, a 69% increase YoY[32] - The company reported a profit of $20 million for the period, compared to a loss of $68 million in Q2 2024[32] - Trailing 12-month Adjusted Free Cash Flow was $229 million, an increase of $274 million YoY[17] Segment Performance - On-Demand Gross Merchandise Value (GMV) grew by 21% YoY to $5354 million, or 18% YoY in constant currency[32] - Deliveries GMV increased by 22% YoY to $3471 million, or 19% YoY in constant currency, with new product initiatives contributing a third of Deliveries GMV[38, 22] - Mobility GMV grew by 19% YoY to $1883 million, or 16% YoY in constant currency[41] - Loan portfolio in Financial Services grew by 78% YoY to $708 million[32, 44] Operational Highlights - Mobility Monthly Transacting Users (MTUs) increased by 16% YoY[19] - Loan disbursals grew 44% YoY, reaching $2900 million annualized in Q2 2025[24] - Annualized advertising revenue run-rate reached $236 million[27] Liquidity and Outlook - The company maintains ample net cash liquidity of $5700 million as of June 30, 2025[30, 33] - The outlook for 2025 revenue is projected to be between $3330 million and $3400 million, representing a 19%-22% YoY increase[48] - The outlook for 2025 Adjusted EBITDA is projected to be between $460 million and $480 million, representing a 47%-53% YoY increase[48]