Grab Holdings (GRAB) Operating Interest Expenses (2020 - 2024)
Grab Holdings (GRAB) posted Operating Interest Expenses of $5.0 million for Q2 2024, up 121.74% on a QoQ basis from -$23.0 million in Q1 2024, and down 80.0% year-over-year from $25.0 million in Q3 2023.
Analysis
Grab Holdings (GRAB) Operating Interest Expenses (2020 - 2024) Analysis & Trends
Grab Holdings has reported Operating Interest Expenses for 5 years, with the latest figure at $5.0 million in Q2 2024.
- On a quarterly basis, Operating Interest Expenses fell 80.0% year-over-year to $5.0 million in Q2 2024; TTM through Jun 2024 was -$27.0 million, a 91.79% increase from a year earlier, with the FY2022 full-year figure at -$353.0 million, up 82.25% from the prior year.
- Operating Interest Expenses was $5.0 million for Q2 2024 at Grab Holdings, up from -$23.0 million in the prior quarter.
- The five-year high for Operating Interest Expenses was $25.0 million in Q2 2023, with the low at -$581.0 million in Q3 2021.
- Average Operating Interest Expenses over 5 years is -$227.7 million, with a median of -$160.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Interest Expenses surged 113.51% in 2023, then sank 80.0% in 2024.
- Over 5 years, Operating Interest Expenses stood at -$399.0 million in 2020, then slumped by 36.34% to -$544.0 million in 2021, then jumped by 75.18% to -$135.0 million in 2022, then surged by 118.52% to $25.0 million in 2023, then tumbled by 80.0% to $5.0 million in 2024.
- The last three Operating Interest Expenses figures came in at $5.0 million (Q2 2024), -$23.0 million (Q1 2024), and $25.0 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | - |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | - |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | - |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | - |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | - |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | - |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | - |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | - |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 5.00 Mn |
| Mar 31, 2024 | -23.00 Mn |
| Jun 30, 2023 | 25.00 Mn |
| Mar 31, 2023 | -34.00 Mn |
| Dec 31, 2022 | -135.00 Mn |
| Jun 30, 2022 | -185.00 Mn |
| Dec 31, 2021 | -544.00 Mn |
| Sep 30, 2021 | -581.00 Mn |
| Jun 30, 2021 | -406.00 Mn |
| Dec 31, 2020 | -399.00 Mn |