Loading...
•
Dec 31, 2021
Groupon Q4 2021 Earnings Report
Reported solid financial results, growing local billings and local customers sequentially, and returning to cash generation.
Key Takeaways
Groupon's Q4 2021 results showed a decrease in revenue to $223 million, but net income increased to $30 million. The company returned to cash flow generation with $19 million in free cash flow and ended the year with nearly $499 million in cash.
North America Local Billings grew 32% year-over-year despite impact of Omicron variant.
Fourth quarter revenue of $223 million; $967 million for full year.
Fourth quarter global billings of $621 million; $2.3 billion for full year.
Returned to cash flow generation in the fourth quarter.
Groupon
Groupon
Groupon Revenue by Geographic Location
Revenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
For the first quarter 2022, Groupon expects to deliver breakeven adjusted EBITDA and $160 million to $170 million of revenue. For the full year 2022, Groupon expects Local billings recovery to accelerate throughout the year in both North America and International. Regarding adjusted EBITDA, we expect to deliver more than $112 million.
Positive Outlook
- Local billings recovery to accelerate throughout the year in both North America and International.
- Expect to deliver more than $112 million adjusted EBITDA for full year 2022.
- Expects breakeven adjusted EBITDA for Q1 2022.
- Expects $160 million to $170 million of revenue for Q1 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income