Where Grab stands after its latest Filing
Revenue for the twelve months was $3.37bn, up 20.5% on a year earlier, faster than the 18.6% growth a quarter earlier. Free-cash-flow margin held at -0.5%. Operating margin widened to 1.9% from -230.4%. The diluted share count is up 5.3% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 4 of our 6 financial-health checks. Our valuation models combined value is $1.78 a share, against a share price of $2.71.