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Dec 31, 2022
Groupon Q4 2022 Earnings Report
Announced fourth quarter and fiscal year 2022 results, highlighting local billings growth and cost reduction efforts.
Key Takeaways
Groupon's Q4 2022 results showed a revenue of $148 million and a net loss of $54 million. The company is focused on a transformation strategy, aiming to improve inventory, reduce marketing spend, and streamline costs.
Fourth quarter revenue was $148 million.
Fourth quarter billings reached $468 million.
The company experienced a net loss of $54 million in the fourth quarter.
Groupon generated $10 million in free cash flow during the fourth quarter.
Revenue by Geographic Location
Forward Guidance
Groupon provided first quarter 2023 outlook, expecting adjusted EBITDA to be between negative $10 million and negative $5 million.
Positive Outlook
- Reallocating some marketing spend to lower-funnel performance marketing channels
- Continue to invest in marketing overall if we see opportunities to drive attractive returns
Challenges Ahead
- Uncertain macroeconomic environment
- Significant cash outflows are anticipated in the first quarter 2023
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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