Amex GBT Q4 revenue $549M, Adj. EBITDA $80M (+83% YoY); guides 2024 EBITDA $450-500M

Global Business Travel Group, Inc.

Full-year 2023 revenue grew 24% and Adjusted EBITDA rose 269% to $380M, above initial guidance.
Total New Wins Value of $3.5B in 2023, including $2.2B in SME; customer retention rate of 96%.
Full-year Free Cash Flow positive at $49M; leverage ratio declined to 2.3x; S&P two-notch upgrade.
2024 outlook: 6-9% revenue growth, Adjusted EBITDA of $450-500M (18-32% growth).
Company cites operating leverage, margin expansion, AI automation, and opportunity to refinance debt.

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 financial results for the quarter and year ended December 31, 2023.

Period: the quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On March 5, 2024 , Global Business Travel Group, Inc. (the “Company”) issued a press release announcing the Company’s financial results for the quarter and year ended December 31, 2023.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Global Business Travel Group, Inc. filing history →

Source: SEC EDGAR

accession 0001820872-24-000002

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.