Earnings good! Guidance great!
$Grab Holdings(GRAB.US$ Grab Holdings Q1 Revenue USD 653 Million Vs. Ibes Estimate USD 642.4 Million
Grab Holdings Q1 Adjusted Ebitda USD 62 Million Vs. Ibes Estimate USD 24 Million
Grab Holdings Q1 Net Income USD -115 Million
Grab Holdings Ltd - 2024 Adjusted Ebitda Guidance Raised to $250 - $270 Mln From $180 - $200 Mln Previously
Grab Holdings Q1 Adjusted Ebitda USD 62 Million Vs. Ibes Estimate USD 24 Million
Grab Holdings Q1 Net Income USD -115 Million
Grab Holdings Ltd - 2024 Adjusted Ebitda Guidance Raised to $250 - $270 Mln From $180 - $200 Mln Previously
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Jaguar8 : SUPER GREEEEEAAAAT
Xianon Jaguar8: The only bad thing is that it is still not profiting
sssmmmmm Xianon: Yes. But guess this is still beating estimates
Mr Careful Xianon: yes. after all the cost cut, still not making money.
sssmmmmm Mr Careful: It has to pass to the consumer and customer, but guess this is very normal especially you are penetrating big market to growth market share.
sssmmmmm : Will be holding long, this is mist use app for south east Asian and every travelers to south east Asia countries. And with the on going trade war of China and the the west, the region will only benefit from more tourists, travelers, and growing of population.
Xianon Mr Careful: Ya lor. why ah? Was expecting to earn this time.
Mr Careful sssmmmmm: not optimistic of its future profits. leaving this counter permanently. all the best
sssmmmmm Mr Careful: Thank you. I'm holding it for as long as possible. Been leaving in China using Alipay apps, so I knew how well this Grab will be transforming to.
會飛の魚 : It takes time to make a profit. Making money is not a problem, and losses also take time to pay back. Coupled with the advancement of financial bank loans, Grab's current business model is impossible to double its one-time profit margin. Other than finance, it will take time for the business division to continue to expand its influence and business in Southeast Asia. Overall, as I expected, will it continue to increase?
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