Despegar.Com, Corp. - Understand $desp stock

$DESP Market Cap: $1.113 Billion

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Financial Snapshot

Revenue

$756.3M

TTM

Gross Margin

71.58%

TTM

Net Earnings

$26.04M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

Total Liabilities

Book Value

Cash

P/E

42.74

Nov 29, 2024 EST

Free Cash Flow

$32.46M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$706.0M	$538.0M	$322.8M	$131.3M	$524.9M	$530.6M	$523.9M	$411.2M	$421.7M
YoY Change	31.24%	66.64%	145.88%	-74.99%	-1.07%	1.28%	27.41%	-2.49%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$706.0M	$538.0M	$322.8M	$131.3M	$524.9M	$530.6M	$523.9M	$411.2M	$421.7M
Cost Of Revenue	$228.9M	$178.4M	$157.0M	$85.50M	$179.6M	$172.1M	$142.5M	$126.7M	$154.2M
Gross Profit	$477.1M	$359.6M	$165.8M	$45.80M	$345.3M	$358.5M	$381.5M	$284.5M	$267.5M
Gross Profit Margin	67.57%	66.84%	51.37%	34.88%	65.78%	67.57%	72.82%	69.19%	63.43%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$298.1M	$271.2M	$169.5M	$143.9M	$280.9M	$241.6M	$238.9M	$186.1M	$248.3M
YoY Change	9.94%	59.94%	17.82%	-48.77%	16.27%	1.13%	28.37%	-25.05%
% of Gross Profit	62.49%	75.41%	102.23%	314.19%	81.35%	67.39%	62.62%	65.41%	92.82%
Research & Development	$109.1M	$89.99M	$53.22M	$45.50M	$59.20M	$71.20M	$71.30M	$63.30M	$73.50M
YoY Change	21.27%	69.09%	16.97%	-23.14%	-16.85%	-0.14%	12.64%	-13.88%
% of Gross Profit	22.87%	25.03%	32.09%	99.34%	17.14%	19.86%	18.69%	22.25%	27.48%
Depreciation & Amortization	$8.535M	$36.00M	$34.21M	$29.68M	$22.80M	$15.13M	$13.83M	$12.93M	$14.44M
YoY Change	-76.29%	5.26%	15.25%	30.18%	50.69%	9.4%	6.96%	-10.46%
% of Gross Profit	1.79%	10.01%	20.63%	64.8%	6.6%	4.22%	3.63%	4.54%	5.4%
Operating Expenses	$411.8M	$361.2M	$257.0M	$219.1M	$354.2M	$312.7M	$310.2M	$249.4M	$321.9M
YoY Change	14.02%	40.55%	17.28%	-38.14%	13.27%	0.81%	24.38%	-22.52%
Operating Profit	$64.24M	-$1.590M	-$91.12M	-$173.3M	-$8.900M	$45.80M	$71.30M	$35.10M	-$54.40M
YoY Change	-4140.19%	-98.26%	-47.42%	1847.19%	-119.43%	-35.76%	103.13%	-164.52%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$10.29M	-$45.63M	-$9.865M	$10.80M	-$17.20M	-$19.20M	-$16.90M	-$6.800M	-$12.90M
YoY Change	-122.55%	362.54%	-191.34%	-162.79%	-10.42%	13.61%	148.53%	-47.29%
% of Operating Profit	16.02%					-41.92%	-23.7%	-19.37%
Other Income/Expense, Net	-$36.63M	-$45.46M	-$10.21M	$12.91M
YoY Change	-19.42%	345.37%	-179.06%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$27.61M	-$47.22M	-$106.1M	-$164.3M	-$26.10M	$26.20M	$54.40M	$28.30M	-$67.30M
YoY Change	-158.46%	-55.49%	-35.43%	529.5%	-199.62%	-51.84%	92.23%	-142.05%
Income Tax	$3.116M	$21.31M	-$230.0K	-$21.40M	-$5.200M	$7.100M	$12.00M	$10.50M	$18.00M
% Of Pretax Income	11.29%					27.1%	22.06%	37.1%
Net Earnings	$24.49M	-$68.53M	-$104.6M	-$142.6M	-$20.90M	$19.20M	$42.40M	$17.80M	-$85.30M
YoY Change	-135.74%	-34.5%	-26.63%	582.3%	-208.85%	-54.72%	138.2%	-120.87%
Net Earnings / Revenue	3.47%	-12.74%	-32.41%	-108.61%	-3.98%	3.62%	8.09%	4.33%	-20.23%
Basic Earnings Per Share	-$0.09	-$1.28	-$1.75	-$2.21
Diluted Earnings Per Share	-$0.09	-$1.32	-$1.282M	-$1.953M	-$300.7K	$269.3K	$689.4K	$264.9K	-$1.269M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$214.6M	$219.2M	$246.1M	$334.4M	$309.2M	$346.5M	$371.0M	$76.00M	$142.1M
YoY Change	-2.1%	-10.94%	-26.41%	8.15%	-10.76%	-6.6%	388.16%	-46.52%
Cash & Equivalents		$219.2M
Short-Term Investments	$94.74M	$32.56M	$64.50M	$133.1M	$190.2M	$169.4M	$26.20M	$53.30M	$118.9M
Other Short-Term Assets	$63.64M	$72.07M	$58.08M	$33.80M	$37.10M	$41.20M	$35.30M	$29.40M	$33.10M
YoY Change	-11.69%	24.1%	71.83%	-8.89%	-9.95%	16.71%	20.07%	-11.18%
Inventory
Prepaid Expenses
Receivables	$183.4M	$147.8M	$136.8M	$79.80M	$213.6M	$228.4M	$198.3M	$121.1M	$55.00M
Other Receivables	$75.64M	$26.06M	$46.04M	$42.70M	$56.60M	$41.70M	$29.10M	$22.80M	$22.30M
Total Short-Term Assets	$537.3M	$465.1M	$487.0M	$490.8M	$616.4M	$657.8M	$633.7M	$249.2M	$252.6M
YoY Change	15.51%	-4.5%	-0.77%	-20.38%	-6.29%	3.8%	154.29%	-1.35%
Property, Plant & Equipment	$38.35M	$37.96M	$44.53M	$58.70M	$62.80M	$19.70M	$16.20M	$13.70M	$15.20M
YoY Change	1.03%	-14.74%	-24.15%	-6.53%	218.78%	21.6%	18.25%	-9.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$79.82M	$69.78M	$82.41M	$71.80M	$25.40M	$12.80M	$14.70M	$20.50M	$14.70M
YoY Change	14.38%	-15.32%	14.77%	182.68%	98.44%	-12.93%	-28.29%	39.46%
Total Long-Term Assets	$361.1M	$339.1M	$335.1M	$350.2M	$184.8M	$106.1M	$105.0M	$104.5M	$95.60M
YoY Change	6.49%	1.19%	-4.32%	89.5%	74.18%	1.05%	0.48%	9.31%
Total Assets	$898.3M	$804.2M	$822.1M	$841.0M	$801.2M	$763.9M	$738.7M	$353.7M	$348.2M
YoY Change
Accounts Payable	$378.9M	$345.9M	$280.9M	$237.1M	$236.9M	$210.9M	$203.1M	$118.0M	$129.0M
YoY Change	9.55%	23.14%	18.46%	0.08%	12.33%	3.84%	72.12%	-8.53%
Accrued Expenses	$45.25M	$6.081M	$34.07M	$23.00M	$31.70M	$22.00M	$31.10M	$33.30M	$24.20M
YoY Change	644.04%	-82.15%	48.11%	-27.44%	44.09%	-29.26%	-6.61%	37.6%
Deferred Revenue
YoY Change
Short-Term Debt	$28.53M	$29.93M	$16.28M	$8.900M	$19.20M	$31.20M	$8.200M	$7.200M	$2.000M
YoY Change	-4.68%	83.82%	82.96%	-53.65%	-38.46%	280.49%	13.89%	260.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$671.1M	$564.5M	$474.8M	$372.3M	$440.8M	$389.2M	$387.6M	$288.2M	$283.5M
YoY Change	18.89%	18.88%	27.54%	-15.54%	13.26%	0.41%	34.49%	1.66%
Long-Term Debt	$2.262M	$5.119M	$10.40M	$10.40M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-55.81%	-50.78%	0.0%
Other Long-Term Liabilities	$161.2M	$193.6M	$200.0M	$212.4M	$166.2M	$127.2M	$133.1M	$147.8M	$147.9M
YoY Change	-16.71%	-3.2%	-5.84%	27.8%	30.66%	-4.43%	-9.95%	-0.07%
Total Long-Term Liabilities	$163.5M	$198.7M	$210.4M	$222.8M	$166.2M	$127.2M	$133.1M	$147.8M	$147.9M
YoY Change	-17.72%	-5.55%	-5.57%	34.06%	30.66%	-4.43%	-9.95%	-0.07%
Total Liabilities	$842.7M	$763.2M	$697.6M	$608.9M	$607.0M	$516.4M	$520.7M	$436.0M	$431.3M
YoY Change	10.42%	9.4%	14.56%	0.31%	17.54%	-0.83%	19.43%	1.09%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	77.17M shares	76.82M shares	76.65M shares	67.99M shares
Diluted Shares Outstanding	77.17M shares	76.82M shares	76.65M shares	67.99M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.113 Billion

About Despegar.com, Corp.

Despegar.com Corp. is an online travel company, which engages in providing online travel agency services. The company is headquartered in Buenos Aires, Buenos Aires and currently employs 4,593 full-time employees. The company went IPO on 2019-03-07. The company provides a broad suite of travel products, including airline tickets, travel packages, hotel bookings and other travel products. The company organizes its business into two segments: Air, which consists of the sale of airline tickets, and Packages, Hotels and Other Travel Products, which consists of travel packages, as well as stand-alone sales of hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance and destination services. The Company’s one-stop marketplace enables millions of users to find, compare, plan and easily purchase travel services and products through its websites and mobile apps. The firm owns and operates two brands: Despegar, its global brand and Decolar, its Brazilian brand. The company operates in Latin America across 20 countries.

Industry: Transportation Services Peers: