Uber-2019年第二季度Uber财报（英文）-2019.8-12页_233kb

Uber Q2 2019 Financial and Operational Summary

Core Content and Key Highlights

Uber Technologies, Inc. (NYSE: UBER) released its second-quarter 2019 financial results on August 8, 2019. The report outlines the company's performance across various segments and highlights strategic developments.

Financial Performance

• Revenue increased by 14% year-over-year to $3,166 million.
• Gross Bookings rose by 37% at constant currency to $15,756 million.
• Trips grew by 35% year-over-year to 1,677 million.
• Monthly Active Platform Consumers (MAPCs) reached 99 million, up 30% from the previous year.
• Adjusted Net Revenue (ANR) grew by 26% year-over-year at constant currency and excluding the Driver Appreciation Award.
• Adjusted EBITDA improved to $(656 million) from $(292 million) in Q2 2018, reflecting better operational efficiency.
• Core Platform Contribution Margin decreased to 8.2% from 14.7%, indicating a shift in revenue structure.

Operational Developments

• Uber Comfort was launched in July 2019, offering an affordable upgrade to UberX with better drivers, vehicles, and rider preferences.
• Uber Eats experienced significant growth, with MAPCs increasing by 140% year-over-year, and 320,000 restaurant partners on the platform.
• Uber Freight added new customers across various business segments, with an automated self-serve tool driving 10X year-over-year revenue growth.
• New Mobility (NeMo) expanded its JUMP service to 11 new cities in Europe and launched Transit in London, Boston, and Denver, including in-app ticketing.
• Advanced Technologies Group (ATG) unveiled a self-driving car with Volvo's XC90 SUV, designed for direct integration of its self-driving system.
• Uber Elevate hosted its third annual summit in Washington, D.C., and announced Melbourne, Australia as its first international pilot city for Uber Air.

Market Expansion

• Germany became one of Uber's fastest-growing Ridesharing markets, operating in five large cities by the end of Q2 2019.
• Buenos Aires, Argentina emerged as the fifth-largest city globally in terms of trips, driven by convenience and income opportunities for drivers.

Financial Position

• Cash and cash equivalents increased to $13.7 billion from $7.7 billion in Q1 2019, due to $8.0 billion in proceeds from the initial public offering and $0.5 billion from the PayPal investment.
• Total assets rose to $30,980 million from $23,988 million.
• Net loss attributable to Uber Technologies, Inc. was $(5,236 million), with a diluted net loss per share of $(4.72), a 135% decline from the previous year.
• Stock-based compensation expenses were $3.9 billion in Q2 2019, primarily due to RSU expense recognition related to the IPO.

Non-GAAP Measures

• Adjusted Net Revenue (ANR) and Adjusted EBITDA are non-GAAP measures used to provide a clearer view of Uber's core performance.
• These measures exclude items such as driver appreciation awards and stock-based compensation, which are significant in the financial reporting.

Additional Financial Insights

• Other income (expense), net was $63 million in Q2 2019, compared to $398 million in Q2 2018, with notable components including foreign currency exchange gains (losses) and gains on business divestitures.
• Stock-based compensation expense totaled $3,941 million in Q2 2019, with the largest portion allocated to Research and Development.

Summary of Key Figures

Summary of Segment Performance