Groupon Q1 2022 Earnings Report
Key Takeaways
Groupon reported Q1 2022 results with a global revenue of $153.3 million, global billings of $460.7 million, a net loss of $34.4 million, and adjusted EBITDA of negative $7.0 million. The company exited the quarter with $403.0 million in cash and is focusing on reducing costs and differentiating inventory to improve its marketplace.
Global revenue reached $153.3 million.
Global billings amounted to $460.7 million.
Net loss was $34.4 million.
The company exited Q1 with $403.0 million in cash.
Groupon
Groupon
Groupon Revenue by Geographic Location
Forward Guidance
Groupon expects to deliver $155 million to $165 million of revenue and $0 million to $10 million of adjusted EBITDA for Q2 2022. For the full year 2022, Groupon expects to deliver $670 million to $700 million of revenue and $60 million to $80 million of adjusted EBITDA.
Revenue & Expenses
Visualization of income flow from segment revenue to net income