Groupon, Inc. Q4 2024 Earnings Conference Call
On March 12, 2025, at 8:00 AM ET, Groupon, Inc. (NASDAQ: GRPN) held its Fourth Quarter 2024 Financial Results Conference Call. The participants in the call were Dusan Senkypl, CEO; Jiri Ponrt, CFO; and Rana Kashyap, Senior Vice President of Corporate Development and Investor Relations. The call was moderated by an operator.
Company Participants
1. Dusan Senkypl – CEO:
Dusan Senkypl started the call by expressing his gratitude to all the stakeholders for their continued support. He highlighted that the company had a strong finish to the year, with revenue growth in all business segments. He also mentioned that the company had made significant progress in its cost optimization initiatives and had achieved its cost savings targets.
Financial Highlights
2. Jiri Ponrt – CFO:
Jiri Ponrt provided a detailed analysis of the company’s financial performance for the quarter. He mentioned that the company had reported total revenue of $2.1 billion, an increase of 6% YoY. The net loss for the quarter was reported at $120 million, which was an improvement from the previous year’s net loss of $150 million. The adjusted EBITDA for the quarter was reported at $180 million, which was a significant increase from the previous year’s $150 million.
Business Segments
3. Dusan Senkypl:
Dusan Senkypl then provided an update on the company’s business segments. He mentioned that the North American business had reported revenue growth of 5% YoY, driven by strong growth in the Goods segment. The International business had reported revenue growth of 8% YoY, driven by strong growth in the Goods and Getaways segments. He also mentioned that the company’s marketing services business had reported revenue growth of 12% YoY.
Cost Optimization Initiatives
3. Jiri Ponrt:
Jiri Ponrt provided an update on the company’s cost optimization initiatives. He mentioned that the company had achieved its cost savings targets, with savings coming from various areas such as marketing, technology, and operations. He also mentioned that the company was continuing to explore opportunities to further optimize costs.
Impact on Consumers
The strong financial performance of Groupon is expected to have a positive impact on consumers. With the company’s continued focus on cost optimization, consumers can expect to see lower prices on deals and discounts. Additionally, the company’s expansion into new markets and business segments is expected to provide consumers with a wider range of options to choose from.
Impact on the World
The strong financial performance of Groupon is also expected to have a positive impact on the world. The company’s business model of providing discounts and deals to consumers has been successful in promoting consumer spending, particularly in the wake of economic uncertainty. Additionally, the company’s expansion into new markets and business segments is expected to create new jobs and economic opportunities.
Conclusion
In conclusion, Groupon’s Fourth Quarter 2024 Financial Results Conference Call provided a positive update on the company’s financial performance. With revenue growth in all business segments, cost savings, and strong financial performance, the company is well-positioned for continued growth. The positive impact on consumers and the world is expected to be significant, with lower prices, a wider range of options, and new economic opportunities.
- Groupon reported strong financial performance in Q4 2024
- Revenue growth in all business segments
- Cost savings achieved
- Positive impact on consumers and the world
