American multinational transportation Uber lost 9,141 million dollars in 2022, multiplying by 18 the 496 million of 2021due to the devaluation of some assets, in a year in which its income skyrocketed due to the return to activity after the pandemic.
As reported by the US company on Wednesday, its turnover increased last year by 82%, up to 31,877 millionexceeding analysts’ expectations, and shooting up its stock market value by 8% in electronic operations prior to the opening of Wall Street.
The company’s accounts show a $7 billion negative impact related to Uber’s capital investmentsmainly as a result of accumulated unrealized losses on its interests in Grab, Aurora and Didi.
During the last quarter of the year, data to which the markets paid the most attention, Uber had a net profit of 595 million33% less than in the same period of 2021, with most of these gains linked to investments in third-party companies.
“We finished 2022 with our strongest quarter ever, with robust demand and record margins,” Dara Khosrowshahi, the company’s chief executive, said in a statement.
Meanwhile, the turnover of the company based in San Francisco (USA) between October and December amounted to 8,607 million, 49% more.
This strong rise is linked above all to a greater number of journeys, since Uber’s “mobility” unit entered 82% year-on-year in the last three months of 2022up to 4,136 million dollars.
That billing exceeded that of the delivery unit ($2.931 million), which grew strongly during the pandemic and kept the company afloat when lockdowns kept travel to a minimum.
By geographic areas, Uber’s billing grew in all regions, but especially in Europe, the Middle East and Africawhere it increased by 110%, up to 2,092 million dollars.
The United States and Canada continued to be the base of the company’s business, with revenues of 4,976 million (38% more), while in Latin America it billed 547 million, 31% more.
Unlike other technology companies, which are now adjusting their workforces after growing a lot during the pandemic, Uber was hit hard by the health restrictions and cut expenses then, but now he does not foresee layoffs, as he expects his business to accelerate in 2023.
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