Record GTV and Adjusted EBITDA Growth
Deliveroo posted year-on-year GTV growth of 6% and adjusted EBITDA of £130 million, up 52% year-on-year. This reflects strong financial performance and effective cost management.
First Full Year of Statutory Profit and Positive Free Cash Flow
Deliveroo achieved a full year of statutory profit and positive free cash flow for the first time, marking a significant milestone in its financial journey.
Improvements in Customer Engagement
Orders returned to growth in 2024 with signs of improving retention and frequency trends, driven by enhanced customer value propositions (CVP) and verticals.
Successful Expansion of Grocery and Retail Segments
Grocery GTV became 16% of Group GTV in the second half of 2024, with strong double-digit growth. The retail segment also saw a significant increase in partnerships and product offerings.
Significant Progress in Delivery Efficiencies
Deliveroo reduced cost of sales by 90 basis points year-on-year through delivery efficiencies, including a 50% increase in stacked orders.