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  "documentTitle": "Despegar | Results Presentation Deck | 17 slides",
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  "presentationDate": "2022-05-01 00:00:00",
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      "text": "Excluding Best Day, Koin and Extraordinary Charges",
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      "text": "May 6: agreed to acquire 100% Brazil-based online travel agent Viajanet; January 13: agreed to acquire 51% of Stays, leading vacation rentals channel manager in Brazil",
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      "text": "Continuing profitability trend; Adjusted EBITDA, excluding Koin at $12.3 M; Operating Cash Flow of $29.2 M; Cash & Cash Equivalents of $285.8 M at quarter-end",
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      "text": "Revenue Margin of 14.0%, up 438 bps vs 1Q19; Revenues only 10% down QoQ; Packages, hotels and other travel products accounted for 60% of total revenue; Highest Gross Profit since the start of pandemic",
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      "text": "1Q22 Gross Bookings at 69% of 1Q19 level and +37% in March vs. January; ASPs stable QoQ at $411 per transaction, 6% below 1Q19 with international transactions at 51% of 1Q19",
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