Despegar.com, Corp. Income Statement 2024-2011 | DESP

Brief overview of profit and loss at Despegar.com, Corp.

This overview is based on financial performance over the past five years. The revenue attributed to Despegar.com, Corp. moved from 411 million dollars to 323 million dollars between the two endpoints. The cumulative result was −21.5%, corresponding to roughly −4.7% per year. Sales followed a declining trajectory over the five years.

The five-year change in gross profit reached −42.8%: from $284 million to $163 million. Cost of revenue developed less favorably than sales and pressured gross profitability. Gross margin moved from 69.2% to 50.4%. The business retained less gross profit from each unit of revenue.

The five-year EBITDA result moved by −228.5%: from 48 million dollars to −61.7 million dollars. Operating performance weakened relative to revenue. EBITDA margin moved from 11.7% to −19.1%. The business retained less EBITDA from each unit of revenue.

The final result was $17.8 million initially and −$105 million in the final year. The move from profit to loss indicates a material deterioration in final efficiency.

Financial takeaway

The current trajectory does not yet confirm a sustainable recovery. The main areas of concern are a lower gross margin, declining net profitability and a narrow EBITDA buffer. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.