Grab Results Presentation Deck
Q3 2022 Results
Consolidated group
$ in millions, unless otherwise stated
Operating Metrics
GMV(3)
MTU(4) (millions of users)**
GMV per MTU ($)**
Partner Incentives(5)
Consumer Incentives(6)
Financial Measures
Revenue
Loss for the period
Total Segment Adjusted EBITDA(7,9) (non-IFRS)
Adjusted EBITDA (8,9) (non-IFRS)
Q3 2022 (1)
5,080
33.5
151
199
277
382
(342)
47
(161)
Q3 2021 (1)
4,038
25.9
156
187
271
157
(988)
(33)
(212)
YOY% Change
26%
30%
(3)%
6%
2%
143%
65%
NM
24%
YOY% Change
(Constant
Currency(2))
32%
2%
156%
Q3 2022 (1)
% of GMV
4%
5%
8%
(7)%
1%
(3)%
Q3 2021 (1)
5%
7%
4%
(24)%
(1)%
(5)%
Note: **Excluding OVO MTUS, our MTUs for Q3 2022 and Q3 2021 would be 30.9 million and 22.1 million respectively, and GMV per MTU would be $165 and $183 respectively
1. Unaudited for Q3 2021 and Q3 2022. 2. We calculate constant currency by translating our current period financial results using the corresponding prior period's monthly exchange rates for our transacted currencies other than the U.S. dollar. 3. GMV means gross merchandise value, an operating metric
representing the sum of the total dollar value of transactions from Grab's services, including any applicable taxes, tips, tolls and fees, over the period of measurement. 4. Defined as the monthly number of unique users who transact via Grab's products, where transact means to have successfully paid for any of
Grab's products. Monthly transacting users (MTUS) over a quarterly or annual period are calculated based on the average of the MTUs for each month in the relevant period. 5. Partner incentives is an operating metric representing the dollar value of incentives granted to driver- and merchant-partners. The
incentives granted to driver- and merchant-partners include base incentives and excess incentives, with base incentives being the amount of incentives paid to driver- and merchant-partners up to the amount of commissions and fees earned by Grab from those driver- and merchant-partners, and excess
incentives being the amount of payments made to driver- and merchant-partners that exceed the amount of commissions and fees earned by Grab from those driver- and merchant-partners. 6. Consumer incentives is an operating metric representing the dollar value of discounts and promotions offered to
consumers. 7. Total Segment Adjusted EBITDA is defined as the Adjusted EBITDA excluding regional corporate costs. 8. Adjusted EBITDA is defined as net loss adjusted to exclude: (1) net interest income (expenses), (ii) other income (expenses), (iii) income tax expenses, (iv) depreciation and amortization, (v) stock-
based compensation expenses, (vi) costs related to mergers and acquisitions, (vii) unrealized foreign exchange gain (loss), (viii) impairment losses on goodwill and non-financial assets, (ix) fair value changes on investments, (x) restructuring costs, (xi) legal, tax and regulatory settlement provisions and (xii) share
listing and associated expenses. 9. These are non-IFRS financial measures. For a reconciliation to the most directly comparable IFRS measure see the section titled "Non-IFRS Reconciliation."
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