Despegar Results Presentation Deck slide image

Despegar Results Presentation Deck

Solid Execution of Strategy Sustains Profitable Growth as Market Conditions Improve Omicron Impact 1022 Gross Bookings at 69% of 1019 level and +37% in March vs. January (Jan & Feb impacted by Omicron) Limited to 1022 ● ASPs stable QoQ at $411 per transaction, 6% below 1019 with international transactions at 51% of 1019 Gross Profit Margin = 1019, Despite Lower Gross Bookings Sustaining Positive Adj. EBITDA + Solid Cash Position Revenue Margin of 14.0%, up 438 bps vs 1019 Revenues only 10% down QoQ, despite 16% drop in Gross Bookings • Packages, hotels and other travel products accounted for 60% of total revenue • Highest Gross Profit since the start of pandemic, with the margin at 1019 level Continuing profitability trend despite air industry at 66% of 1019 • Adjusted EBITDA, excluding Koin at $12.3 M, even with GBs at 69% of 1019 levels Operating Cash Flow of $29.2 M • Sound balance sheet with Cash & Cash Equivalents of $285.8 M at quarter-end, including restricted cash Advancing M&A Strategy 1 Excluding Best Day, Koin and Extraordinary Charges May 6: agreed to acquire 100% Brazil-based online travel agent Viajanet January 13: agreed to acquire 51% of Stays, leading vacation rentals channel manager in Brazil
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