None
No disclosed counterparties: ABNB.
| Stage | ABNB | % of rev | FTDR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.9B | 100.00% | $655M | 100.00% | ABNB ×7.43 |
| Gross profit | $4.2B | 86.63% | $362M | 55.27% | ABNB +31.4pp |
| Operating income | $2.0B | 41.51% | $167M | 25.50% | ABNB +16.0pp |
| Pre-tax income | $2.2B | 44.63% | $154M | 23.51% | ABNB +21.1pp |
| Net income | $1.9B | 38.82% | $116M | 17.71% | ABNB +21.1pp |
| Stage | ABNB | FTDR | Gap · A − B |
|---|---|---|---|
| Revenue | $4.9B100.00% | $655M100.00% | ABNB ×7.43 |
| Gross profit | 86.63%$4.2B | 55.27%$362M | ABNB +31.4pp |
| Operating income | 41.51%$2.0B | 25.50%$167M | ABNB +16.0pp |
| Pre-tax income | 44.63%$2.2B | 23.51%$154M | ABNB +21.1pp |
| Net income | 38.82%$1.9B | 17.71%$116M | ABNB +21.1pp |