TripAdvisor Q4 2021 Earnings Report
Key Takeaways
TripAdvisor reported a strong recovery in Q4 2021, with total revenue increasing by 108% year-over-year to $241 million. The company's net loss improved significantly, and Adjusted EBITDA turned positive, driven by increased revenue and cost-reduction measures.
Total revenue increased by 108% year-over-year to $241 million, reaching approximately 72% of pre-COVID-19 levels.
Experiences & Dining segment showed substantial growth, with revenue increasing by 172% year-over-year.
Net loss improved to $29 million, compared to a net loss of $73 million in Q4 2020.
Adjusted EBITDA was $29 million, a significant improvement from an Adjusted EBITDA loss in Q4 2020.
TripAdvisor
TripAdvisor
TripAdvisor Revenue by Segment
Forward Guidance
The company expects significant improvement in the travel market in 2022 due to the expected easing of the pandemic and the significant pent-up demand for travel, especially in the second half of the year. In particular, we expect our Experiences and Dining segment to buoy our overall revenue performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income