Mar 13, 2025 / 09:00AM GMT
William Shu - Deliveroo PLC - Chief Executive Officer, Executive Director
Good morning, and welcome to our '24 results presentation. I'm Will Shu, Founder, CEO of Deliveroo, and I'm joined by Scilla, our CFO. I wanted to start off by touching on the news from earlier this week. We made the decision to exit the Hong Kong market. I want to thank our former colleagues in Hong Kong for their commitment. This was a very hard decision but one that is right for the business.
Even though '24 was a really positive year for Deliveroo. We posted a year-on-year GTV growth of 6% and adjusted EBITDA of GBP130 million, up 52% year-on-year. We also hit two very important milestones. We delivered a full year statutory profit and positive free cash flow for the first time. From a financial perspective, we are a very different company than the one that went public four years ago, and we're proud of that transition.
At Deliveroo, we focus relentlessly on the CVP at our verticals, and that's driving signs of positive consumer engagement. We are reconfirming our growth and profitability targets that we set
Full Year 2024 Deliveroo PLC Earnings Call Transcript
Mar 13, 2025
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