Groupon Q3 2021 Earnings Report
Key Takeaways
Groupon announced its Q3 2021 financial results, reporting $553 million in global billings, $214 million in revenue, and $35 million in adjusted EBITDA. The company is making progress on expanding Local inventory and improving the merchant experience.
North America Local billings increased 38% year-over-year.
Deal inventory in North America that is repeatable increased to more than 75%.
Listings per Beauty and Wellness merchant in North America grew by over 30% since the launch of Offers.
Over 50% of Deals launched in North America were done via self-service during the quarter.
Groupon
Groupon
Groupon Revenue by Segment
Groupon Revenue by Geographic Location
Forward Guidance
For the full year 2021, Groupon is updating its Adjusted EBITDA guidance to a range of $130 million to $135 million and its revenue guidance to a range of $950 million to $975 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income