earnings
confidence high
sentiment positive
materiality 0.75
Amex GBT Q4 revenue $527M (+84% YoY); FY2022 Adj EBITDA $103M, ahead of guidance
Global Business Travel Group, Inc.
- Full-year 2022 revenue $1.85B, Adjusted EBITDA $103M; Q4 revenue $527M, net loss ($63M).
- Q4 Adjusted EBITDA $43M (8.2% margin); revenue recovery 75% of 2019 pro forma.
- Total New Wins Value for 2022 $3.5B; SME new wins $2.1B; 95% customer retention.
- Q4 net cash used in ops ($4)M, free cash flow ($25)M, significantly reduced cash usage.