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1.3 million pounds
- It reported net profit of 1.3 million pounds ($1.65 million), compared to an 83 million pounds loss a year ago, and free cash flow of 3.2 million pounds for the period.
www.reuters.com/business/retail-consumer/deliveroo-reports-first-half-profit-positive-cash-flow-2024-08-08/
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We want to provide our merchants with new opportunities to grow revenues, increase brand value and maximise profit potential from online delivery, while supporting and enabling more sustainable behaviour.
Aug 8, 2024 · LONDON, Aug 8 (Reuters) - British meal delivery company Deliveroo (ROO.L) said it had achieved the twin milestones of positive net profit and free cash flow in the first half as demand from...
Aug 12, 2024 · Reported a profit for the period of £1.3 million, compared to a loss of £82.9 million in H1 2023. The significant improvement in adjusted EBITDA and the achievement of positive free cash flow demonstrate Deliveroo’s progress towards sustainable profitability.
Aug 8, 2024 · Deliveroo has reached a "major milestone" by achieving its first ever profit. The delivery platform earned £1.3m in the first half of 2024 - a sharp turnaround from the £82.9m loss it made during the same period last year. Results published on Thursday also revealed total orders grew by 2% to 147 million.
Deliveroo is a complex three-sided marketplace, involving consumers (an e-commerce destination), riders (an on- demand logistics business), and restaurant and grocery
Mar 14, 2024 · Highlights1. Good financial performance, with adjusted EBITDA ahead of guidance. Resilient year of growth given macroeconomic conditions with gross profit up 13% and revenue and GTV* up 3% (2%...
Deliveroo’s core strategy remains the same: focus first on neighbourhoods with the greatest profit potential and win them, neighbourhood by neighbourhood. Deliveroo is a complex three-sided marketplace, involving consumers (an e-commerce destination), riders (an on-demand logistics business) and merchants (a demand generation platform).
