Slide 1: Key Financial Measures
Key Financial Measures Q4 2022 FY 2022 Revenue Revenue of $1.9 billion increased 24% from Q4 2021 demonstrating continued strong travel demand. $1.9B $8.4B 24% Y/Y 31% Y/Y (ex-FX) 72% Y/3Y 40% Y/Y 46% Y/Y (ex-FX) 75% Y/3Y Net Income Our first full GAAP profitable year (23% net margin) included our m
Slide 2: AirCover
AirCover As part of the Winter Release, we also improved AirCover for Hosts by enhancing guest identity verification, expanding reservation screening, and increasing damage protection to $3 million. For Hosts with an AirCover reimbursement request, the net promoter score has increased nearly 70 poin
Slide 3: The new total pricing option offers guests transparency and convenience
The new total pricing option offers guests both the transparency and convenience of seeing the total price of their booking upfront
Slide 4: Meet Fernando. Hosting since 2017
Meet Fernando. Hosting since 2017 Fernando shares his spacious, airy apartment in central Madrid with private room guests from all over the world. His apartment is a study in meticulous detail. All of his furniture is vintage and the interior celebrates architectural trends of the 20th century. His
Slide 5: Net Income (Loss) ($M)
Quarterly Net Income (Loss) ($M) 2022 was our first profitable full year of $1.9 billion with Q4 2022 net income of $319M.
Slide 6: Adjusted EBITDA ($M)
Quarterly Adjusted EBITDA ($M) Q4 2022 Adjusted EBITDA of $506 million demonstrated the continued strength of the business and cost discipline. $600M 27% Adjusted EBITDA
Slide 7: Net Cash Provided by (Used in) Operating Activities ($M)
Quarterly Net Cash Provided by (Used in) Operating Activities ($M) In 2022, we generated $463 million of net cash provided by operating activities in Q4 and $3.4 billion for the full year.
Slide 8: Free Cash Flow ($M)
Quarterly Free Cash Flow ($M) In 2022, we generated $455 million of Free Cash Flow in Q4 and $3.4 billion for the full year.
Slide 9: Shares (M)
Shares (M) We’re effectively managing share dilution and have repurchased $1.5B of our authorized $2B share buyback program.
Slide 10: Balance Sheet and Cash Flows
Balance Sheet and Cash Flows For the three months ended December 31, 2022, we reported $463 million of net cash provided by operating activities and $455 million of FCF, compared to $382 million and $378 million, respectively, for the three months ended December 31, 2021. 5 The year-over-year increa