2024-04-30 13:13:15 ET
Summary
- Airbnb's profitability has improved by 4,000 bps since 2019.
- The company is becoming a free cash flow generating machine.
- Airbnb's expansion beyond its core business could unfold new and profitable opportunities.
Airbnb
Imagine just for a moment that you have never heard of Airbnb, Inc. ( ABNB ). Pretend that it's just a name and that you have no clue whatsoever about what it means and what it does if it does anything at all.
Upon first hearing about Airbnb, you immediately stumbled across this sentence: "Airbnb has more than 7 million homes all over the world," taken from its last shareholder letter. ...
Read the full article on Seeking Alpha
For further details see:
Airbnb Earnings: Expansion Beyond Core And New Shareholder Returns On The Table