Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

Uber logoUber UBER

Uber said Gross Bookings for Q4 2023 rose 22% year over year to $37.6 billion, or 21% on a constant currency basis, and Trips grew 24% to 2.6 billion.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Uber said Gross Bookings for Q4 2023 rose 22% year over year to $37.6 billion, or 21% on a constant currency basis, and Trips grew 24% to 2.6 billion.

  2. The company said net income attributable to Uber Technologies, Inc. for Q4 2023 was $1.4 billion and income from operations was $652 million. It added that net income included a pre-tax net benefit of $1.0 billion from revaluations of its equity investments.

  3. Uber said Adjusted EBITDA for Q4 2023 was $1.3 billion, up $618 million from a year earlier, and Adjusted EBITDA margin as a percentage of Gross Bookings was 3.4%. Net cash provided by operating activities was $823 million, and free cash flow was $768 million.

  4. The company said it expects Gross Bookings of $37.0 billion to $38.5 billion and Adjusted EBITDA of $1.26 billion to $1.34 billion for Q1 2024.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 2023 Gross Bookings and Trips Growth

Uber said Gross Bookings for Q4 2023 rose 22% year over year to $37.6 billion, or 21% on a constant currency basis, and Trips grew 24% to 2.6 billion.

Source · Based on the filing body and exhibits

Q4 2023 Net Income and Income from Operations

The company said net income attributable to Uber Technologies, Inc. for Q4 2023 was $1.4 billion and income from operations was $652 million. It added that net income included a pre-tax net benefit of $1.0 billion from revaluations of its equity investments.

Source · Based on the filing body and exhibits

Q4 2023 Adjusted EBITDA and Cash Flow

Uber said Adjusted EBITDA for Q4 2023 was $1.3 billion, up $618 million from a year earlier, and Adjusted EBITDA margin as a percentage of Gross Bookings was 3.4%. Net cash provided by operating activities was $823 million, and free cash flow was $768 million.

Source · Based on the filing body and exhibits

Q1 2024 Outlook

The company said it expects Gross Bookings of $37.0 billion to $38.5 billion and Adjusted EBITDA of $1.26 billion to $1.34 billion for Q1 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.