GBTG Q1 2023 revenue $578M (+65% YoY); Adjusted EBITDA $99M; net loss $27M

Global Business Travel Group, Inc.

2022-Q3 EPS reported -$0.06 revenue$578,000,000

Revenue of $578M, up 65% vs Q1 2022; net loss of $27M.
Adjusted EBITDA totaled $99M with a 17% margin.
Total transactions rose 61% YoY, reaching 76% of 2019 pro forma levels.
LTM SME New Wins Value reached $2.2B per annum; 95% customer retention rate.
CEO expects continued strong results in Q2 and full year 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Global Business Travel Group, Inc. reported quarter ended March 31, 2023 results: revenue $578 million, net income Net loss totaled $(27) million.

Period: quarter ended March 31, 2023
Revenue: $578 million
Net income: Net loss totaled $(27) million
Result: reported results

Exact text from the filing

platform, today announced financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Strong Revenue and Adjusted EBITDA Growth · Revenue totaled $578 million, an increase of 65% versus Q1 2022. · Adjusted EBITDA 1 totaled $99 million, with an Adjusted EBITDA Margin 2 of 17%. Net loss totaled $(27) million. Strong SME Growth · SME

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Source: SEC EDGAR

accession 0001104659-23-057496

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