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Jun 30, 2024

Groupon Q2 2024 Earnings Report

Groupon's Q2 2024 financial performance was marked by revenue of $124.6 million and positive free cash flow.

Key Takeaways

Groupon's Q2 2024 results showed a revenue of $124.6 million, a net loss of $9.4 million, and positive free cash flow of $10.8 million. North America Local revenues grew by 7% year-over-year.

Global revenue reached $124.6 million.

Global billings amounted to $373.6 million.

Net loss was $9.4 million.

Adjusted EBITDA was $16.5 million.

Total Revenue
$125M
Previous year: $129M
-3.5%
EPS
-$0.02
Previous year: -$0.1
-80.0%
Gross Profit
$113M
Previous year: $113M
-0.2%
Cash and Equivalents
$178M
Previous year: $118M
+50.8%
Free Cash Flow
$10.8M
Previous year: -$44.6M
-124.2%
Total Assets
$573M
Previous year: $587M
-2.5%

Groupon

Groupon

Groupon Revenue by Geographic Location

Forward Guidance

The call will contain forward-looking statements and other material information regarding our financial and operating results.

Revenue & Expenses

Visualization of income flow from segment revenue to net income