Lodging reserving platform Airbnb Inc (NASDAQ: ABNB) has reported a revenue for the fourth quarter of 2024, in comparison with a loss within the year-ago quarter.
- Fourth-quarter income elevated 12% yearly to $2.5 billion, primarily pushed by development in nights stayed on the platform
- The corporate generated $461 million of internet revenue in the course of the three months, in comparison with a internet loss of $349 million in Q4 2023, and delivered a 19% internet revenue margin
- On a per-share foundation, earnings per share have been $0.73 within the December quarter, in comparison with a loss of $0.55 final 12 months
- Q4 adjusted EBITDA was $765 million, which represents a 31% adjusted EBITDA margin
- Airbnb generated $466 million of working money movement and $458 million of free money movement within the fourth quarter
- Its trailing-twelve-months free money movement was $4.5 billion, representing a trailing-twelve-months free money movement margin of 40%
- In Q4, nights and experiences booked elevated 12% year-over-year, accelerating throughout all areas
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