1Q21 Financial Performance Update
Financial highlights
BBI
Significant historical revenue
scale and long-term growth
potential
Robust financial profile with strong
track record of profitability and
operating cash flow generation
Attractive historical base of
revenue and Adjusted EBITDA(1)
from Hotels, Media & Platform
Experiences & Dining has
significant growth and
Operating leverage driven by
prudent cost management
margin potential
ā
Balanced investments aimed at
driving sustainable,
long-term growth
(1) Consolidated Adjusted EBITDA is our segment profit measure and is defined as net income (loss) plus: (1) provision (benefit) for income taxes; (2) other income (expense), net; (3) depreciation and amortization; (4) stock-based compensation and other
stock-settled obligations; (5) goodwill, intangible asset, and long-lived asset impairments; (6) legal reserves and settlements; (7) restructuring and other related reorganization costs; and (8) non-recurring expenses and income
16View entire presentation