The company said revenue for the fiscal year ended December 31, 2023 rose 17% year over year to $37.3 billion, with Mobility revenue up $5.8 billion, Delivery revenue up $1.3 billion, and Freight revenue down $1.7 billion.

1. 01

   The company said revenue for the fiscal year ended December 31, 2023 rose 17% year over year to $37.3 billion, with Mobility revenue up $5.8 billion, Delivery revenue up $1.3 billion, and Freight revenue down $1.7 billion.

2. 02

   Uber Technologies said net income attributable to Uber Technologies, Inc. for the fiscal year ended December 31, 2023 was $1.9 billion, including a pre-tax unrealized gain on debt and equity securities, net, of $1.6 billion. It said Adjusted EBITDA was $4.1 billion, up $2.3 billion from the prior year.

3. 03

   The company said net cash provided by operating activities was $3.6 billion for the fiscal year ended December 31, 2023. It said the figure reflected a cash outflow of about $789 million (£631 million) for payments of HMRC VAT assessments for the period from March 2022 to June 2023. The company said these payments were recorded as a receivable within other assets.

4. 04

   The company said its board of directors approved on February 2024 a repurchase of up to $7.0 billion of its outstanding common stock. It said the timing, manner, price and amount of repurchases are at management's discretion, and that the actual number of shares repurchased is not guaranteed.

Key figures

Fiscal year ended December 31, 2023

Revenue

$37.3B

Operating income

$1.1B

Net income

$1.9B

EPS

$0.87

Operating cash flow

$3.6B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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.