Is GRAB forecast to generate an efficient return on assest? Likely so.
Q1 2023:
Revenue grew 130% year-over-year to $525 million
Loss for the period improved by 43% year-over-year to $250 million
Adjusted EBITDA improved by 77% year-over-year to $(66) million, with Deliveries Segment Adjusted EBITDA margins at an all time high.
Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability.
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