To The Moon

Hello everyone! What software do you usually use to book accommodation when you travel? Where have you been in the past year? And what are your travel plans for the new year? Feel free to share with us in the comments section

Today, during the U.S. earnings season, $Airbnb, Inc.(ABNB)$ will be introduced. In an era of strong travel demand, will its stock price return to its previous high?

ABNB's Revenue and Net Profit Soar!

On February 14, Airbnb released its Q4 and full-year financial results for 2024. Let's take a look at some key figures for Q4 2024:

• Revenue increased by 12% year-over-year to $2.5 billion, driven by growth in Airbnb's accommodation bookings and average ADR (Average Daily Rate);

• Net profit reached $460 million, with a net profit margin of 19%;

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased by 4% year-over-year to $765 million, with an adjusted EBITDA margin of 31%;

• Free cash flow for the quarter was $458 million, and for the full year, it was $4.5 billion, with a free cash flow margin of 40%;

• The company repurchased over $800 million in shares. Airbnb stated that as of the end of 2024, under the current share repurchase authorization, it still has the capacity to repurchase up to $3.3 billion of Class A shares.

In terms of operating data, in Q4 2024, Airbnb's accommodation and experience bookings increased by 12% year-over-year to 111 million, with a full-year increase of 10% to 500 million. The Gross Booking Value (GBV) for the quarter grew by 13% year-over-year to $17.6 billion, and for the full year, it exceeded $81.5 billion.

Full-Year Performance:

Airbnb's full-year revenue exceeded $11.1 billion, up 12% year-over-year. However, net profit decreased by 46% to $2.6 billion, while adjusted EBITDA was approximately $4 billion.

Guidance for Q1 2025:

The company expects revenue growth of 4% to 6% year-over-year in Q1 2025, with revenue projected to be between $2.23 billion and $2.27 billion. It also anticipates that the number of booked stays and experiences will be roughly in line with Q1 2024, while adjusted EBITDA and profit margins are expected to decline compared to the same period.

CEO's Remarks:

Airbnb CEO Brian Chesky said during the earnings call that the company achieved growth in revenue, booked nights, and Gross Booking Value (GBV) throughout 2024, outpacing the industry in growth rate. He added that this momentum will continue in 2025.

Stock Performance:

As of the close of US markets on that day, Airbnb's stock price rose by 14.45% to $161.42, with a total market value exceeding $100 billion. Since the beginning of 2025, the stock price has increased by nearly 23%.

Hey, tigers, do you think Airbnb's stock price will return to its previous high? Share your thoughts in the comment section.

No finicial advice, just an anlysis.