Despegar.com, Corp.

NYSE DESP

Despegar.com, Corp. Gross Profit for the year ending December 31, 2023: USD 477.10 M

Despegar.com, Corp. Gross Profit is USD 477.10 M for the year ending December 31, 2023, a 32.69% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Despegar.com, Corp. Gross Profit for the year ending December 31, 2022 was USD 359.56 M, a 116.81% change year over year.
  • Despegar.com, Corp. Gross Profit for the year ending December 31, 2021 was USD 165.84 M, a 263.22% change year over year.
  • Despegar.com, Corp. Gross Profit for the year ending December 31, 2020 was USD 45.66 M, a -86.78% change year over year.
  • Despegar.com, Corp. Gross Profit for the year ending December 31, 2019 was USD 345.31 M, a -3.68% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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NYSE: DESP

Despegar.com, Corp.

CEO Mr. Damian Scokin
IPO Date Sept. 20, 2017
Location Argentina
Headquarters Juana Manso 1069
Employees 4,593
Sector Consumer Discretionary
Industries
Description

Despegar.com, Corp., online travel company, provides a range of travel and travel-related products through its websites and mobile applications in Latin America. The company operates in two segments, Air; and Packages, Hotels and Other Travel Products. It offers airline tickets; and travel packages, hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance, destination services, and other travel-related products, which enable consumers to find, compare, plan, and purchase travel products through its marketplace. The company also provides a technology platform for its travel suppliers to manage the distribution of their travel products and access to traveler customers. In addition, it offers travel products and services under the Despegar, Decolar, Best Day, BD Experience, and HotelDo brands. Further, the company operates Koin, an online payment and consumer lending services platform. Despegar.com, Corp. was founded in 1999 and is based in Buenos Aires, Argentina.

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StockViz Staff

January 15, 2025

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