4Q24 Revenue increased Rising 8.7% YoY to $221.4 Million and adjusted EBITDA Increased 18% YoY to $51.5 million,
FY24 Revenue Grew 10% YoY and Adjusted EBITDA Increased 52% YoY
BRITISH VIRGIN ISLANDS–(BUSINESS WIRE)–Despegar.com, Corp. (NYSE: DESP) (“Despegar” or the “Company”), Latin America’s leading travel technology company, today announced unaudited financial results for the three-months ended December 31, 2024 (“Fourth quarter 2024” or “4Q24”) and full year 2024 (“FY24”). Financial results are expressed in U.S. dollars and are presented in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). Financial results are preliminary and subject to year-end audit and adjustments. All comparisons in this announcement are year-over-year (“YoY”), unless otherwise noted.
4Q24 Financial and Operating Highlights
(for definitions, see page 13)
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