Despegar
Leading online travel company in Latin America.
Launch date
Employees
Market cap
CAD1.2b
Enterprise valuation
CAD1.1b (Public information from Sep 2024)
Share price
$12.46 DESP
Buenos Aires Autonomous City of Buenos Aires (HQ)
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 131m | 323m | 538m | 706m | 765m | 873m | 998m |
| % growth | (75 %) | 146 % | 67 % | 31 % | 8 % | 14 % | 14 % |
| EBITDA | (118m) | (46.5m) | 39.5m | 91.2m | 156m | 187m | 221m |
| % EBITDA margin | (90 %) | (14 %) | 7 % | 13 % | 20 % | 21 % | 22 % |
| Profit | (140m) | (102m) | (68.5m) | 24.5m | 66.7m | 85.6m | 118m |
| % profit margin | (107 %) | (32 %) | (13 %) | 3 % | 9 % | 10 % | 12 % |
| EV / revenue | 4.4x | 1.3x | 0.3x | 0.6x | 0.9x | 0.7x | 0.6x |
| EV / EBITDA | -4.9x | -9.0x | 3.9x | 4.8x | 4.4x | 3.2x | 2.9x |
| R&D budget | 67.0m | 74.7m | 90.0m | 109m | - | - | - |
| R&D % of revenue | 51 % | 23 % | 17 % | 15 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$10.5m | Series A | ||
N/A | Early VC | ||
$22.0m | Series A | ||
$50.0m | Early VC | ||
* | N/A | $270m | Early VC |
| N/A | $332m Valuation: $2.0b | IPO | |
$150m | Private Placement VC | ||
$50.0m | Private Placement VC | ||
| Total Funding | CAD753m | ||
