Grab Holdings Limited (GRAB) Financial Statements

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Grab Holdings financial statements at a glance

Grab Holdings reported revenue of $2.80 billion for fiscal year 2024 (ended December 31, 2024), up 18.6% from fiscal year 2023. Net income was -$105.00 million, a net margin of 3.8% loss, and diluted earnings per share were -$0.03.

At the end of fiscal year 2024 it had total assets of $9.30 billion, total liabilities of $2.94 billion and shareholders' equity of $6.40 billion, with cash and short-term investments of $5.63 billion and total debt of $364.00 million.

Its operations brought in $852.00 million of cash; capital spending was $113.00 million, leaving free cash flow of $739.00 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

GRAB logo

Grab Holdings Limited

GRABSingapore
Consumer-Oriented Services
USD (Local)

Income Statement

Annual • USD

Weighted Average Shares (diluted)
4.21B
Prev Year: 4.00B
YoY: +5.3%
Total Revenue
-
Prev Year: 2.80B
Weighted Average Shares (basic)
4.09B
Prev Year: 4.00B
YoY: +2.4%
Cost of Revenue
-
Prev Year: 1.62B
Diluted EPS
0.06
Prev Year: -0.03
YoY: +300.0%
Gross Profit
-
Prev Year: 1.17B
Basic EPS
0.07
Prev Year: -0.03
YoY: +333.3%
Operating Expense
-
Prev Year: 1.23B
Values in USD

Grab Holdings key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue–$2.8B$2.4B$1.4B$675.0M
Gross profit–$1.2B$860.0M$77.0M-$395.0M
Operating income–-$55.0M-$387.0M-$1.3B-$1.5B
Net income–-$105.0M-$434.0M-$1.7B-$3.4B
Diluted EPS$0.06-$0.03-$0.11-$0.44-$0.92
Total assets–$9.3B$8.8B$9.2B$11.2B
Total liabilities–$2.9B$2.3B$2.5B$3.2B
Shareholders' equity–$6.4B$6.4B$6.6B$7.7B
Cash and short-term investments–$5.6B$5.0B$5.1B$8.1B
Total debt–$364.0M$793.0M$1.4B$2.2B
Operating cash flow–$852.0M$86.0M-$798.0M-$954.0M
Capital spending–$113.0M$92.0M$74.0M$85.0M
Free cash flow–$739.0M-$6.0M-$872.0M-$1.0B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2019.

Questions and answers

What was Grab Holdings's revenue in fiscal year 2024?

$2.80 billion, up 18.6% from $2.36 billion in fiscal year 2023.

How much profit does Grab Holdings make?

Grab Holdings reported net income of -$105.00 million for fiscal year 2024 (3.8% of revenue); operating income was -$55.00 million.

How much cash and debt does Grab Holdings have?

At the end of fiscal year 2024: cash and short-term investments of $5.63 billion and total debt of $364.00 million.

What is Grab Holdings's free cash flow?

$739.00 million in fiscal year 2024 (operating cash flow of $852.00 million minus capital spending of $113.00 million).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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