Despegar Results Presentation Deck
Strategy Execution Delivered Adjusted EBITDA of $9 M, up 9%
Compared to 4Q19, Despite Gross Bookings at Only 75%
Strong Recovery
Across Our
Markets
+
Multiple levers
driving
performance
EBITDA Positive
• Capturing market demand as travel dynamics become more favourable
Achieved highest GB and Transaction levels since the onset of the pandemic
O
GB +46% QOQ w/ sequential growth across every key markets; reached 75% of 4Q19 levels
O Transactions +22% QOQ (at 82% of 4Q19)
O Highest ASP since 2019 (at only 91% of 4019)
Revenue Margin remains strong at 13.0%, or 13.4% when excluding Extraordinary Cancellations
• 60% of revenues coming from packages, hotels and other travel products
• Operating Expenses +16% QoQ to $75.7 M; - 20% vs 4019 As Reported and -37% on a comparable basis¹
Adjusted EBITDA, excluding Extraordinary Charges and Koin (merchant payment solutions), increased 30% to
$16.3 M, even with GBs at 75% of 4019 levels
• Breakeven Operating Cash Flow
•
Maintained a sound balance sheet with Cash and Cash Equivalents of $279.2 M at quarter-end, including
$33.1 M in restricted cash
1 Excluding Best Day, Koin and Extraordinary Charges
3View entire presentation