Airbnb: adjusted EBITDA up 4% in Q4
(CercleFinance.com) - Airbnb reports net profit of $461m for Q4 2024, as well as adjusted EBITDA that is up 4% at $765m, i.
e. a margin of 31%, with FCF of $458m, i.e. a margin of 18%.
The short-term accommodation rental company's revenues rose 12% to $2.5bn, growth mainly driven by a solid increase in nights spent and a modest rise in the average daily rate.
Airbnb's FY 2024 adjusted EBITDA margin reached 36%, slightly exceeding its target of 35.5%, with a free cash flow margin of 40%, as expected, several points higher, than its adjusted EBITDA margin.
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