Uber Technologies Inc
UBER
ISIN US90353T1007 / Valor 47459333
Uber Technologies Inc
UMushroom community rating:
About company
Uber Technologies Inc is a technology company that focuses on developing and maintaining multisided platforms connecting consumers with ride services provided by independent drivers, as well as other forms of transportation like public transit, bikes, and scooters. The company has also partnered with healthcare organizations to offer flexible ride-scheduling options for members and patients, allowing healthcare professionals to schedule rides for patients and caregivers to access necessary care.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (20.08.2024):
Gross Bookings Growth
Uber Technologies Inc. reported a 19% year-over-year increase in Gross Bookings for the second quarter of 2024, reaching $40.0 billion. On a constant currency basis, this growth was 21%. Mobility Gross Bookings grew by 23% year-over-year to $20.6 billion, while Delivery Gross Bookings increased by 16% to $18.1 billion.
Revenue Increase
For the second quarter of 2024, Uber Technologies Inc. saw its revenue grow by 16% year-over-year to $10.7 billion. On a constant currency basis, the revenue growth was 17%. Combined Mobility and Delivery revenue grew by 19% year-over-year to $9.4 billion.
Income and Adjusted EBITDA
Uber Technologies Inc. reported an income from operations of $796 million for the second quarter of 2024, which is an increase of $470 million year-over-year. The company's Adjusted EBITDA was $1.6 billion, up 71% year-over-year, with an Adjusted EBITDA margin of 3.9% of Gross Bookings.
Net Income and Cash Flow
Net income attributable to Uber Technologies Inc. for the second quarter of 2024 was $1.0 billion, which includes a $333 million benefit from the revaluation of Uber’s equity investments. The company also reported an operating cash flow of $1.8 billion and free cash flow of $1.7 billion.
Outlook for Q3 2024
Looking ahead to the third quarter of 2024, Uber Technologies Inc. anticipates Gross Bookings to be between $40.25 billion and $41.75 billion, representing 18% to 23% year-over-year growth on a constant currency basis. The company also expects Adjusted EBITDA to be in the range of $1.58 billion to $1.68 billion, reflecting 45% to 54% year-over-year growth.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
149692 M
Market cap (USD)
1,989,501
Daily traded volume (Shares)
72.6 / 70.92
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
Tonia Zimmermann
Noah Valentino Baiguini
Laura Bischofberger
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