Tripadvisor Investor Conference Presentation Deck
Strong financial profile pre-pandemic
Consolidated Net Income (Loss)
(in $millions, except Net income (loss) margin)
Consolidated Revenue
($ millions)
$1,556
2017
$1,615
2018
$1,560
2019
Consolidated Net Income
Consolidated Net Income Margin
-1%
-$19
2017
$113
7%
2018
$126
8%
2019
Consolidated Adjusted EBITDA(¹)
($ millions, except Adj. EBITDA margin)
Consolidated Adj. EBITDA
Consolidated Adj. EBITDA Margin
$331
21%
2017
$422
26%
2018
$438
28%
2019
(1) Consolidated Adjusted EBITDA is our non-GAAP 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, long-lived asset and intangible asset impairments; (6) legal reserves and settlements; (7) restructuring and other related reorganization costs; and (8) other non-recurring expenses and income; Tripadvisor defines 18
"Adjusted EBITDA margin" as adjusted EBITDA divided by revenue. Please see the appendix for reconciliation.View entire presentation