Despegar Results Presentation Deck
Strong Take Rate in a Recovering Market Led to Record Revenues and Gross Profit in
2023
1
Revenue ($ M) vs Take Rate (%)
13.1%
13.8%
13.8%
Take Rate
12.1%
134.4
2Q22
Gross Profit 89.3
45.1
145.6
2Q22
3Q22
4Q22
2 Cost of Revenue ($ M) vs Gross Profit
95.2
50.3
145.5
3Q22
100.6
44.9
158.7
4Q22
1Q23
107.7
51.0
12.9%
1Q23
165.5
2023
105.5
60.0
2Q23
110.0
55.5
2Q23
+23%
Excluding one-time items:
+$2.5M customer Claims
+$2.0 M VAT
recoverability
Revenues +23% YoY to $165.5 M, a record
quarterly high
Strong Take Rate at 12.9%, with sustained
focus on profit-taking in Mexico, Chile and
Argentina
As reported CoR +33% YoY, partly due to one-
time expenses. Excluding these costs, COR
would have increased 23% YoY
Excluding one-time costs, Gross Profit + 23%
YoY, reaching $110.0M
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