Just Eat Takeaway.Com N.V. ( (JTKWY) ) has released its Q4 earnings. Here is a breakdown of the information Just Eat Takeaway.Com N.V. presented to its investors.
Just Eat Takeaway.com N.V. is a leading global on-demand delivery company, connecting consumers with a wide variety of partners, including restaurants and retail, across multiple countries.
In its 2024 earnings report, Just Eat Takeaway.com announced that it met its financial guidance, achieving a 2% growth in Gross Transaction Value (GTV) excluding North America, an adjusted EBITDA of €460 million, and a free cash flow of €104 million. The company also reported a net cash increase from operating activities and a reduction in net loss compared to the previous year.
Key financial highlights include a total revenue of €5,085 million, a slight decline from 2023 due to lower order volumes in certain regions, offset by higher average transaction values. The company saw significant improvements in adjusted EBITDA, particularly in the UK and Ireland, and completed the sale of Grubhub, focusing its growth strategy on Europe and the UK and Ireland.
Looking forward, Just Eat Takeaway.com plans to increase investments in Europe and the UK and Ireland to accelerate growth in 2025. The management has issued guidance for 2025, expecting GTV growth between 4% to 8% and an adjusted EBITDA between €360 to €380 million.
Overall, Just Eat Takeaway.com remains focused on enhancing its profitability and market position, with a strategic emphasis on its core European markets.