TripAdvisor (TRIP) FY2022 results: revenue $1.5 billion, up 65.4% on the year
TripAdvisor, Inc. (TRIP) reported revenue of $1.5 billion for fiscal 2022, the year ended 31 December 2022, up 65.4% on the year before. Net income was $20 million, and diluted earnings per share $0.14. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2023.
Revenue
$1.5 billion
+65.4% on the year
FY2015FY2022
Operating margin
6.8%
-14.5% a year earlier
FY2015FY2022
Net income
$20 million
FY2015FY2022
Diluted EPS
$0.14
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
400
108
-194
+270.4%
Capital expenditure
56.0
54.0
55.0
+3.7%
Free cash flow
344
54.0
-249
+537.0%
Free cash flow margin
23.1%
6.0%
-41.2%
Cash from investing
-52.0
-54.0
-56.0
Cash from financing
-27.0
263
341
Depreciation and amortisation
97.0
111
125
-12.6%
Share-based compensation
88.0
120
109
-26.7%
Buybacks
0.0
0.0
115
Dividend per share
$0.00
$0.00
$0.00
Diluted shares, weighted
146m
137m
135m
+6.1%
Shares outstanding at period end
128m
126m
122m
+1.8%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
861
789
886
+9.1%
Debt
836
833
491
+0.4%
Operating lease liabilities
15.0
29.0
46.0
-48.3%
Finance lease liabilities
58.0
65.0
71.0
-10.8%
Other liabilities
799
573
475
+39.4%
Total liabilities and equity
2,569
2,289
1,969
+12.2%
Fixed assets
194
215
240
-9.8%
Goodwill
822
843
862
-2.5%
Intangible assets
51.0
65.0
86.0
-21.5%
Investments
0.0
0.0
0.0
Cash and equivalents
1,021
723
418
+41.2%
Receivables
205
105
70.0
+95.2%
Other assets
276
338
293
-18.3%
Total assets
2,569
2,289
1,969
+12.2%
10-K for the year ended 31 December 2022, filed 17 February 2023: the filing.