Despegar Results Presentation Deck slide image

Despegar Results Presentation Deck

Strategy Execution Delivered Adjusted EBITDA of $9 M, up 9% Compared to 4Q19, Despite Gross Bookings at Only 75% Strong Recovery Across Our Markets + Multiple levers driving performance EBITDA Positive • Capturing market demand as travel dynamics become more favourable Achieved highest GB and Transaction levels since the onset of the pandemic O GB +46% QOQ w/ sequential growth across every key markets; reached 75% of 4Q19 levels O Transactions +22% QOQ (at 82% of 4Q19) O Highest ASP since 2019 (at only 91% of 4019) Revenue Margin remains strong at 13.0%, or 13.4% when excluding Extraordinary Cancellations • 60% of revenues coming from packages, hotels and other travel products • Operating Expenses +16% QoQ to $75.7 M; - 20% vs 4019 As Reported and -37% on a comparable basis¹ Adjusted EBITDA, excluding Extraordinary Charges and Koin (merchant payment solutions), increased 30% to $16.3 M, even with GBs at 75% of 4019 levels • Breakeven Operating Cash Flow • Maintained a sound balance sheet with Cash and Cash Equivalents of $279.2 M at quarter-end, including $33.1 M in restricted cash 1 Excluding Best Day, Koin and Extraordinary Charges 3
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