Airbnb, Inc.


SKU: ABNB-1 Category:


Airbnb delivered an all-around beat in the previous quarter, reporting a net income of $4.4 billion, including a one-time income tax benefit of $2.8 billion from releasing a valuation allowance. Excluding this benefit, adjusted net income reached a significant $1.6 billion, representing a historic adjusted net income margin of 47%. The quarter’s free cash flow amounted to $1.3 billion, with a trailing 12-month free cash flow hitting an all-time high of $4.2 billion. The quarter showcased several positive business highlights. Notably, Airbnb added nearly 1 million active listings, marking a 19% supply growth in Q3 compared to the previous year. The growth spanned all regions, with urban and non-urban supply increasing at similar rates. Q3 became a significant travel season for Airbnb, with Nights and Experiences Booked growing by 14% and accelerating night growth across all geographies. The Airbnb app witnessed a surge in bookings. International expansion markets gained momentum. Progress on strategic priorities played a pivotal role in these achievements. Besides, their acquisition of GamePlanner.AI boosts their foothold in the artificial intelligence industry.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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