Grab reached its first full year with positive adjusted EBITDA
Projected revenue growth and increase in active users.
Bottom line.
- Positive group adjusted EBITDA: $313 million- Revenue growth: 21% in constant currency
- Positive adjusted free cash flow: RMB136 million
- Record monthly active users: 44 million, up 17% year-on-year
Despite this the market punishes this company with -11% for fear of competitors..
Seems like too much concern to me
In my opinion it is an outstanding company growing at a good pace and the estimates are too pessimistic.
I will take advantage of this decline to accumulate more share.