Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
The latest announcement is out from Grab ( (GRAB) ).
On February 20, 2025, Grab Holdings Limited announced its financial results for the fourth quarter and full year of 2024, highlighting a 17% year-over-year revenue growth to $764 million for the fourth quarter. The company achieved a 20% increase in On-Demand Gross Merchandise Value and reached an all-time high Adjusted EBITDA of $97 million. These results underscore Grab’s robust growth and profitability, as it continues to expand its user base and maintain strong cash generation capabilities. The company also achieved a significant milestone with a full-year Group Adjusted EBITDA of $313 million and improved its Adjusted Free Cash Flow to $136 million, demonstrating its strategic investment focus and commitment to enhancing shareholder value.
More about Grab
Grab Holdings Limited is a leading technology company based in Singapore, primarily operating in the Southeast Asian market. It specializes in providing on-demand transportation, food delivery, and digital financial services through its mobile platform.
YTD Price Performance: 12.66%
Average Trading Volume: 32,805,952
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $20.99B
Learn more about GRAB stock on TipRanks’ Stock Analysis page.
