Q4 2022 Earnings Report
Q4 2022 Results
Mobility
Revenue
(US$M)
106
189
+78% YoY
+91% YoY (CC(4))
Q4 2021
Q4 2022
Gross Merchandise Value (1)
(US$M)
1,149
765
+50% YoY
+62% YoY (CC(4))
Q4 2021
Q4 2022
Commission Rate (2)
Segment Adjusted EBITDA (3)
(% of GMV(1))
(US$M)
23.8%
% GMV(1)
10.1%
13.2%
23.4%
Q4 2021
Q4 2022
76
152
+97% YoY
Q4 2021
Q4 2022
Note: 1. GMV means gross merchandise value, an operating metric representing the sum of the total dollar value of transactions from Grab's services, including any applicable taxes, tips, tolls and fees, over the period of measurement 2. Commission Rate represents the total dollar value paid to
Grab in the form of commissions and fees from each transaction, without any adjustments for incentives paid to driver- and merchant-partners or promotions to end-users, as a percentage of GMV, over the period of measurement 3. Segment Adjusted EBITDA is a non-IFRS financial measure,
representing the Adjusted EBITDA of each of our four business segments, excluding, in each case, regional corporate costs. For a reconciliation to the most directly comparable IFRS measure see the section titled "Non-IFRS Reconciliation." 4. CC stands for Constant Currency. We calculate
constant currency by translating our current period financial results using the corresponding prior period's monthly exchange rates for our transacted currencies other than the US. dollar.
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