In general, I'm quite bullish on Grab, with a consensus target price of $4.74/share – indicating approximately 70% upside. According to the Bloomberg Terminal, as of July 2022, we see Grab’s revenues in 2025 at $4.55 billion. This would equal a 3-year CAGR of approximately 30%, from 2022 to 2025. Moreover, the company is expected to break-even in the same year, recording EBITDA of $450 million and a net-income attributable to shareholders of $0.11/share.
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