Global Business Travel Group, Inc. · NYSE:GBTG
Global Business Travel — FY2021 Earnings Presentation
18 slides from Global Business Travel's earnings presentation, Mar 7, 2022
Slide 1: Investor Presentation March 7, 2022
INVESTOR PRESENTATION March 7, 2022
Slide 2: Legal Disclaimer: Forward-Looking Statements
Legal Disclaimer Legal Disclaimer Forward-Looking Statements This presentation contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amende
Slide 3: Legal Disclaimer: Use of Projections
Legal Disclaimer Legal Disclaimer Use of Projections This presentation contains projected financial information with respect to Amex GBT. Such projected financial information constitutes forward-looking information and are presented as goals or an illustration of the results that could be generated
Slide 4: Today's Presenters
Today’s Presenters PAUL ABBOTT MARTINE GEROW Chief Executive Officer Chief Financial Officer 4
Slide 5: 2021 Highlights
2021 Highlights Financial Results Well Above Forecast1,2 Corporate Travel Recovery Accelerating ►Driven by 119% year-over-year growth in Q4 revenue, despite the impact of ►Corporate travel transaction recovery in the last week of February 2022 the Omicron variant in December, and efficiencies from s
Slide 6: Financial Results Well Above Forecast (FY)
2021 Highlights: Financial Results Well Above Forecast1 (FY) The following table presents full year 2021 financial results pro forma to include Egencia for the full year. These pro forma results are directly comparable to the forecast provided in the Registration Statement1 filed with the SEC by Apo
Slide 7: Financial Results (Q4)
2021 Highlights: Financial Results (Q4) Egencia was acquired on November 1, 2021. The following 2021 financial results include approximately two months of Egencia. ($M; 2021 amounts are preliminary and unaudited) Q4 2021 Q4 2020 B/(W) % Commentary Total Transaction Value (TTV)1 $2,763 $470 488% Driv
Slide 8: Financial Results (FY)
2021 Highlights: Financial Results (FY) Egencia was acquired on November 1, 2021. The following 2021 financial results include approximately two months of Egencia. ($M; 2021 amounts are preliminary and unaudited) FY 2021 FY 2020 B/(W) % Commentary Driven by stronger recovery in travel in the second
Slide 9: Corporate Travel Recovery Continuing
2021 Highlights: Corporate Travel Recovery Continuing Monthly Gross Transaction1 Recovery vs. 2019 Feb-22 exit rate ~51%; 60% +23pt volume recovery in 6 weeks 50% Omicron variant 40% Delta variant 30% 6 weeks Alpha volume 20% variant 2 months volume uncertainty uncertainty 10% 4 months volume uncert
Slide 10: Corporate Travel Recovery Accelerating
2021 Highlights: Corporate Travel Recovery Accelerating January 2022 January 2022 “Banking group HSBC said its staff started returning to the office February 2022 on Thursday, while Standard Chartered has asked employees to “…it’s [a] stark contrast to where we were a year come in from Monday… Citig
Slide 11: Egencia Synergies & Accelerated SME Growth
2021 Highlights: Egencia Synergies & Accelerated SME Growth On Track to Achieve $109M in Egencia Synergies Acquisitions Double Amex GBT’s SME Footprint Expect $109M Total Synergies… …With Solid Progress to Date ► $75M revenue synergies driven ► GBT Preferred Extras live in Egencia by content benefit
Slide 12: Strengthened Customer Value
2021 Highlights: Strengthened Customer Value Investments Strengthened Significantly Strengthened Value, Accelerated Investment in Digital Customer Value Proposition Choice & Experience & E-Commerce Solutions Expanded leadership position in 2021: The leading solutions for each of the Strengthened mob
Slide 13: A Year of Milestones and Increasing Momentum
2021: A Year of Milestones and Increasing Momentum ►Financial Results Well Above Forecast ►Corporate Travel Recovery Continuing ►Egencia Synergies & Accelerated SME Growth ►Strengthened Customer Value Entering 2022 well positioned, with multiple avenues to drive topline growth, increase margins and
Slide 14: Thank You
SECTION 5 Thank You
Slide 15: Supplemental Materials
SECTION 6 Supplemental Materials
Slide 16: Non-GAAP Financial Measures
Non-GAAP Financial Measures We report our financial results in accordance with GAAP. Our non-GAAP financial measures are provided in addition to, and should not be considered as an alternative to, other performance or liquidity measure derived in accordance with GAAP. Non-GAAP financial measures hav
Slide 17: Tabular Reconciliations for Non-GAAP Measures
Tabular Reconciliations for Non-GAAP Measures Reconciliation of net loss income to EBITDA and Adjusted EBITDA a) Represents severance and related expenses due to restructuring activities and impairment of operating lease right-of-use assets for closure of offices. For the year ended December 31, 202
Slide 18: Tabular Reconciliations for Non-GAAP Measures
Tabular Reconciliations for Non-GAAP Measures Reconciliation of pro forma TTV, pro forma revenue, pro forma net loss and pro forma Adjusted EBITDA a) Represents severance and related expenses due to restructuring activities and impairment of operating lease right-of-use assets for closure of offices
Global Business Travel Group — FY2021 Earnings Presentation on 6ix