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Dec 31, 2023
Groupon Q4 2023 Earnings Report
Announced fourth quarter and fiscal year 2023 results, with fourth quarter results above the high-end of guidance and positive operating and free cash flow.
Key Takeaways
Groupon's Q4 2023 results showed a revenue of $137.7 million, a net income of $28.5 million, and positive operating and free cash flow. The company's improved financial performance and increased liquidity resolved its going concern issue.
Revenue was $137.7 million, a 7% decrease year-over-year.
Net income was $28.5 million, compared to a net loss of $54.2 million in the prior year.
Adjusted EBITDA was $26.9 million, compared to negative $5.3 million in the prior year.
Operating cash flow was $54.5 million, and free cash flow was $51.1 million.
Groupon
Groupon
Groupon Revenue by Segment
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